Thursday, 16 August 2012

Dubai Licensing

For practicing business in Dubai official approval from the concerned government ministry or department is a prerequisite.

There are three categories of licenses Issued by Dubai Department of Economic Development:

1. Trade or Commercial License: covering all trading activities.

2. Industrial Licenses: for establishing an industrial or manufacturing business.

3. Professional Licenses: covering professional services, craftsmen and artisans

As elaborated in chapter (3) of this guide, license for practicing business in Dubai is issued by the DED and other different authorities, depending on the nature of the economic activity.

These concerned authorities include:

• Department of Economic Development (DED) for licenses related to industrial activities as well as internal and external trade in Dubai.

• UAE Central Bank, which issues licenses for businesses linked to the financial market.

• Department of ports, customs and Free zone for licenses of businesses dealing with marine and marine related activities.

• Dubai municipality issues licenses related to food services, construction, engineering consultancy.

• Dubai Cargo Village, for businesses related to air cargo services.

• Civil Defense department to confirm compliance with the occupational safety requirements

• Dubai Securities and commodities Authority oversees and authorizes brokerage services. However, there are certain activities, which require obtaining special tentative approvals from some competent authorities as shown in the Table (3) below. If the required activity is conducting a business that is not included in this table, procedure of licensing may be started without the need for obtaining such special approval.

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