One of the most popular business activities in the
UAE is General Trading as many clients wish to take advantage of Importing and
Exporting with no taxes. A General Trade
license gives you the freedom and flexibility to trade in just about any
commodity allowable under the DED Activity List. There are certain commodities that are not
permitted to be traded with a General Trading license and those are the type of
products that require special approvals or clearances from different UAE
Municipalities. Examples of these type of products are medical products, guns,
alcohol and cars as they all need special approvals and cannot be traded under
a General Trade license. These products are allowed to be traded however under
a specific Commercial Trade license and with the proper approvals.
Some of our clients, who setup a General Trading
company, had their first activity as trading in garments. After time, they realized that they could
make more money trading in computer products as the UAE advances in technology
and cities like Dubai are moving closer to a Smart City. Because this company had a General Trading
License, they did not have to apply for a completely separate license in order
to start trading in computer products.
If they had a specific Trade License in Garments only, they would have
to pay more money and go through a process of adding the activity to trade in
computer products. Like this company, it
is wise to choose a General Trade license from the start because it allows you
to shift in business practices in the future.
General Trade License
Setting up a General Trading Business in the UAE is
not difficult. Many free zones offer the license as do various local
departments of economic development in all the Emirates.
But with all of the choices, which option is the
best for you? If you are looking to have
100% ownership of your company, a free zone is your only option and some would
say it’s the best. I would recommend the
Ajman Free Zone is the best options and
highly recommended, that is due to their low costs, strategic locations and
ease of doing business.
AJMAN
FREE ZONE LICENSE PACKAGE
- Trade License
- Smart Office ( Free Electricity / AC / Furniture / Name Board )
- Chamber of Commerce Certificate
- Lease Agreement
- Establishment Card
- 2 VISAS + Family Sponsorship
ADVANTAGES
- 100% Ownership
- No Sponsor ship
- No Capital Required
Ajman free zone offer deep water ports, warehouses
and located near the Sharjah airport.
If you would like more information on setting up a
General Trading Company in Ajman free
zone, feel free to contact us at info@afzauae.com
or call /wtzup Mr. Abdul Salam on +971 55174 5764 We can provide you with all
of the necessary information including costs, steps/procedures, estimated
timeline and how our company will assist you.
Elegant
Business Services
Tel : 06 740 42 11 : Email : info@elegantbusiness.ae
Web : www.elegantbusiness.ae
Thank you for the insightful post! A General Trade License in Dubai indeed allows businesses to import, export, and trade a wide range of goods. It simplifies operations by covering multiple activities under one license, enabling companies to engage in diverse trading activities without the need for multiple specific licenses.
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