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Issuance of the instant license in Dubai

Issuance of the instant license in Dubai

In the dynamic and changing world of business, obtaining the necessary licenses is one of the essential steps that determine the success of any business venture. In Dubai, which is one of the most prominent global investment destinations, the administrative system is characterized by innovation and flexibility to facilitate business procedures. Among the most prominent developments in this field is the instant license issuance system in Dubai, which reflects Dubai’s commitment to providing a smooth and easy commercial environment.

The instant license in Dubai is considered a revolutionary step to simplify the process of starting a business, as it allows investors and new projects to obtain the necessary license within a very short period of time, which may not exceed a few hours or a few days. This service offers a practical solution for those who seek to quickly launch into the market without delaying due to long bureaucratic procedures.

This initiative reflects Dubai’s vision as a global business hub, as it aims to improve the business environment and enhance its attractiveness to investors from all over the world. By issuing an instant license, company registration processes are accelerated and administrative burdens are reduced, which enhances investors’ ability to focus on developing their business and achieving their goals quickly and effectively.

In addition, the instant license service provides a high level of transparency and efficiency, which helps reduce risks and business delays. Through this service, investors can confirm their commitment to the quality of procedures and adherence to local and international standards.

In this article, we will discuss the details of the process of issuing an instant license in Dubai, review the benefits and features that make it an attractive option for investors, and provide a comprehensive overview of how to make the most of this service to successfully accelerate the process of starting a business.

Issuance of the instant license in Dubai

What is an instant license?

An instant license in Dubai is a type of business license provided by many free zones in the UAE to facilitate and accelerate the process of establishing companies. The instant license is an ideal option for investors and entrepreneurs who seek to start their business activities quickly and efficiently, without having to go through long and complex traditional procedures.

The instant license is quickly issued, as investors can obtain it in a short period of time, usually ranging from a few hours to a few days, which contributes to accelerating the start of business activity. This license is issued based on the submission of basic documents only, such as personal identification, lease contract, and a copy of the passport, without the need to submit a detailed business plan or additional complex documents.

An instant license gives new companies all the benefits that free zones offer, including tax exemptions, 100% foreign ownership, and ease of importing and exporting goods. In addition, an instant license saves costs associated with traditional bureaucratic procedures, making it an attractive option for SMEs that need to get started in the market quickly.

However, an instant license may be designed for a limited number of business activities, and there may be restrictions on the size of the company or the nature of the business you can start. Therefore, it is important for investors to consult specialists in the relevant free zone to ensure that the spot license suits the requirements of their business activity.

Overall, an instant license provides a fast and flexible solution for starting a business, helping companies achieve their goals effectively and efficiently in a dynamic business market.

Advantages of obtaining an immediate license

Obtaining an immediate license offers several notable advantages, making it an attractive option for investors and startups. Here are the most important advantages of obtaining an immediate license:

  • Speed ​​of establishment: An instant license gives companies the ability to start their business quickly. They can be issued in a short period of time, allowing investors to get into the market in less time compared to traditional procedures.
  • Simplifying procedures: The process of obtaining an instant license is usually simplified, requiring only basic documents such as personal identification and a rental contract, which reduces bureaucratic complications and reduces the administrative workload.
  • Low costs: An instant license reduces the costs associated with lengthy legal and administrative procedures, as you do not need to prepare additional complex documents or incur significant additional fees.
  • Facilitating the market entry process: An instant license allows new companies to enter the market quickly, providing an opportunity to take advantage of urgent business opportunities and meet market needs without delay.
  • Tax breaks and additional benefits: Free zones that offer an instant license often offer tax breaks and other perks, such as 100% foreign ownership, making them an attractive option for investments.
  • Flexibility in business activities: Although an instant license may be limited to a certain number of activities, it provides sufficient flexibility for a range of business activities, making it easier to start businesses in multiple areas.
  • Support for small and medium enterprises: An instant license is an excellent option for small and medium enterprises that need to start their operations quickly without investing significant time and effort in legal procedures.
  • Ease of expansion and modification: After obtaining the immediate license, companies can modify or expand the scope of their work more easily, giving them the opportunity to grow and adapt to market changes.
  • Improving the chances of success: By accelerating the establishment process and reducing bureaucratic costs, an instant license can increase the chances of success of new companies in a competitive business environment.

Basic requirements for obtaining an instant licence

Obtaining an instant license requires meeting a set of basic requirements, which are usually simplified compared to traditional procedures. Below are the most important basic requirements for obtaining an instant licence:

  • Submitting a registration application: You must submit an application to register the company in the free zone in which you wish to invest. The application includes basic details about the company’s activity and information about shareholders or partners.
  • Copy of passport: Provide a valid copy of passport to key investors or partners. Personal photographs of the founders may also be required.
  • Lease contract or proof of business location: Submitting a lease contract for an office or warehouse within the free zone or proof of ownership of the location that will be used for business purposes. Some free zones may provide ready-made office facilities that can be rented.
  • Personal ID: Submit a copy of the national ID card or residence card (if the investor is a resident of the country).
  • Choosing a company name: Choosing a trade name for the company that complies with the requirements of the free zone and is subject to approval. The name must be unique and not used by other companies.
  • Additional documents (if necessary): Some free zones may require additional documents, such as a simplified business plan or a brief description of the company’s activity. Check the requirements for the free zone of your choice.
  • Registration fees: Pay the fees required to obtain the instant licence. Fees may include the cost of issuing the licence, rental fees, and any other administrative fees.
  • Proof of previous licenses (if necessary): If you are establishing a branch of an existing company, you may need to provide documents proving the registration and licensing of the parent company.

Additional fees to obtain the instant licence

When obtaining an instant licence, you may face a range of additional fees that vary depending on the free zone and the type of business activity. Here are some common additional fees that may be required:

  1. Company registration fees: Company registration fees in the free zone in which the application is submitted. These fees typically include costs for processing the application and recording information.
  2. Commercial license issuance fees: The cost of issuing an immediate commercial license, which may be included in the basic fees or require the payment of additional fees based on the type of activity and the size of the company.
  3. Site rental fees: Rental fees for an office or warehouse within the free zone, which depend on the size and area of ​​the site and the type of facilities provided.
  4. Consulting Services Fees: Costs of legal advice or consulting that may be necessary to prepare required documents or provide advice on special requirements.
  5. Bank account opening fees: Fees for opening a business bank account, which may include the costs of submitting an account opening application and managing transactions.
  6. Visa and residency fees: The costs of obtaining work or residency visas for employees or shareholders, including visa issuance and renewal fees.
  7. Stamp or notarization fees: Additional fees may relate to stamps or legal notarization of documents such as contracts and agreements.
  8. Translation and notarization fees: If the required documents are in a foreign language, you may need to pay a fee to translate the documents into the required language or to have them notarized.
  9. Insurance Fees: Costs of property or casualty insurance that may be required as part of the requirements of the free zone or commercial activity.
  10. Renewal fees: The costs of renewing the instant license after the expiration of its validity period, which may include application and document renewal fees.

Procedures for obtaining a commercial license in Dubai

Obtaining a business license in Dubai requires following a set of specific steps and procedures. Here is a short guide to these procedures:

  1. Choosing a Business: Decide what type of business you will be doing. This will help you decide what type of license you need.
  2. Choosing a trade name: Choose a trade name that complies with Dubai laws and is not similar to the names of other companies. Make sure that the name is not reserved and that it complies with the standards of the competent authority.
  3. Submit an application for a license: Submit the application to the Dubai Economic Development Department (DED) or the competent authority in the free zone if you will be working in one of the free zones.
  4. Obtaining initial approvals: In some cases, you may need to obtain approvals from other parties such as the Ministry of Health or Dubai Municipality depending on the type of business activity.
  5. Company registration: Register your company, issue the articles of incorporation, and have it notarized by a notary if necessary.
  6. Receiving the commercial license: After completing all documents and procedures, you will be issued a commercial license. You may need to pay an additional fee to complete the process.
  7. Registration in other authorities: After obtaining the license, register your company with other authorities such as the Dubai Chamber of Commerce and Industry, and also in the tax system if your activity requires that.
Types of business licenses in Dubai

Types of business licenses in Dubai

The types of business licenses in Dubai that can be obtained vary based on the type of business activity and location. Here’s an overview of the types of business licenses in Dubai:

  • Business License: Issued to businesses that engage in traditional commercial activities such as retail or wholesale.
  • Services License: Granted to companies that provide specialized services such as consulting, design, or law.
  • Manufacturing license: This relates to companies operating in the field of manufacturing and production, and covers all aspects of production and manufacturing.
  • E-commerce license: This is for companies that conduct commercial activities over the Internet, and allows buying and selling through electronic platforms.
  • Import and export license: It is given to companies that deal in activities related to import and export, and covers all international customs and trade operations.
  • Real estate activity license: Available for companies working in the real estate field, such as selling and renting real estate.
  • Transport license: includes companies that provide transport and shipping services, whether for individuals or goods.

At the conclusion of this article about issuing an instant license in Dubai , it becomes clear that this service offers an innovative and quick solution for investors and business owners who seek to start their projects immediately and effectively. An instant license in Dubai offers many advantages that make it an attractive option, from speeding up the company formation process to simplifying bureaucratic procedures.

The instant license is an ideal option for individuals and small and medium-sized companies who wish to obtain a business license within a short period of time, which enhances their ability to enter the market quickly and without delay. This service is in line with Dubai’s strategic goals to facilitate business and support innovation and economic growth.

By obtaining an instant license, investors can benefit from a dynamic and flexible business environment, as it reduces waiting time and enhances the efficiency of business operations. However, it is necessary to ensure that you meet all licensing requirements and comply with local regulations and laws to ensure that the business runs smoothly.

To make the most of the instant license service, it is advisable to cooperate with accredited and specialized service providers in the field of licensing, such as consulting companies in Dubai, who can provide advice and manage the procedures professionally.

Overall, the instant license is an important step towards accelerating business growth in Dubai, as it provides a strong opportunity for investors to launch their projects quickly with full support from local regulations, which enhances Dubai’s position as a leading business destination in the region and the world.

The most important frequently asked questions about issuing an instant license in Dubai

Are there additional fees for the instant license?

Yes, there may be additional fees for obtaining an instant license compared to traditional licenses. Make sure to check the applicable fees when submitting your application.

Does the instant license need to be renewed?

Yes, like any other business license, the instant license needs annual renewal. Make sure to renew it before it expires to avoid any legal issues.

Is it possible to obtain an instant license through the Internet?

Yes, instant license applications can be submitted online through the Dubai Department of Economic Development portal or through applications for free zones.

Can the instant license be used as a foreign investor?

Yes, foreign investors can obtain an immediate license, but additional approvals or a local partner may be required depending on the type of activity.

What are the next steps after obtaining the instant license?

After obtaining the license, make sure to register your company with the Dubai Chamber of Commerce and Industry, update its data in the tax system, and complete any other legal procedures related to the business activity.