Categories instant license

What Is Instant License – Get Free Consultation

In Dubai, an “instant license” refers to a streamlined and expedited process for obtaining a business license. It is a service offered by the Department of Economic Development (DED) in Dubai to facilitate the establishment of certain types of businesses.

The instant license initiative aims to simplify and accelerate the licensing procedure, allowing entrepreneurs and investors to obtain their commercial licenses quickly and conveniently. With an instant license, the entire licensing process can be completed within a matter of hours, eliminating the need for extensive paperwork and bureaucratic procedures.

To obtain an instant license in Dubai, you typically need to meet certain requirements, such as having a specific business activity, selecting an appropriate legal form for your company, and ensuring compliance with relevant regulations and laws. The DED provides guidelines and support to help applicants understand the process and fulfill the necessary criteria.

It’s important to note that while an instant license expedites the licensing process, it may have certain limitations on the types of activities or legal forms available. Additionally, specific requirements and procedures may change over time, so it’s always advisable to consult the official sources, such as the DED or relevant government agencies, for the most up-to-date information.

Benefits of Instant License

Obtaining an instant license in Dubai offers several benefits to entrepreneurs and businesses. Here are some advantages of the instant license system in Dubai:

  1. Quick and streamlined process: The primary benefit is the speed and efficiency of the licensing procedure. With an instant license, you can establish your business and obtain the necessary licenses within hours, allowing you to start operating and generating revenue promptly.
  2. Ease of setup: The instant license system simplifies the setup process by eliminating complex paperwork and reducing bureaucratic requirements. This makes it more accessible for entrepreneurs and encourages business growth in Dubai.
  3. Cost-effective: Instant licenses often come with reduced fees and costs compared to traditional licensing processes. This makes it more affordable for businesses, especially startups and small enterprises, to establish themselves in Dubai.
  4. Flexibility: Instant licenses are available for various business activities and legal forms. Whether you plan to start a trading company, a service-based business, or a consulting firm, you can find options that suit your specific requirements.
  5. Access to business support: The Department of Economic Development (DED) and other government entities in Dubai provide support and guidance throughout the instant license process. They offer information, resources, and assistance to help entrepreneurs understand the legal requirements, select the appropriate license type, and comply with regulations.
  6. Integration with other services: Instant license holders can take advantage of integrated services and initiatives offered by the Dubai government. This includes simplified visa processes, access to free zones or business parks, and various incentives aimed at supporting businesses and fostering economic growth.

Who can apply instant license in Dubai?

There are the following companies can apply for instant license in Dubai

One person LLC
Civil Company
Sole Proprietorship
Limited liability Company

Requirements for Dubai Instant License

  1. Passport of every business partner (all partners must be present during the official application process)
  2. Application Form
  3. Copy of Residents Visa of all partners and managers
  4. Local Sponsor passport copy
  5. Local Sponsor Emirates ID copy

PATELS Documents Clearing Services is well known and trusted business setup and documents clearing services in the Dubai, UAE providing excellent services. Is there anything else we missed in this checklist? Let us know in the comments!

 

Categories DMCC freezone

Why DMCC Freezone? Get free consultation

Dubai that provides a business-friendly environment for companies operating in the commodities sector. It offers a range of benefits and incentives to businesses, including 100% foreign ownership, no currency restrictions, and a tax-free environment. As a result, the DMCC Freezone has become a popular destination for international companies looking to set up operations in the UAE.

This meta description highlights the key benefits of the DMCC Freezone and its appeal to businesses in the commodities sector, which may help attract more visitors to the DMCC website and increase interest in setting up a business in the free zone.

 


DMCC Free Zone

The DMCC (Dubai Multi Commodities Centre) Free Zone is a free trade zone in Dubai, United Arab Emirates, that was established in 2002. It is one of the largest and fastest-growing free zones in the UAE, covering an area of over 200 hectares.

The DMCC Free Zone provides a business-friendly environment for companies operating in the commodities sector, including gold, diamonds, tea, coffee, and other raw materials. It offers a range of benefits and incentives to businesses, including 100% foreign ownership, no currency restrictions, and a tax-free environment. The free zone is also well-equipped with modern infrastructure, including state-of-the-art office buildings, warehouses, and logistics facilities.

The DMCC Free Zone has a thriving business community with over 19,000 registered companies from around the world. It provides a wide range of business services and support, including company registration, licensing, visa services, and networking opportunities. The free zone also offers a range of lifestyle amenities, such as residential apartments, retail shops, and dining options.

Overall, the DMCC Free Zone is a popular destination for international companies looking to set up operations in the UAE. It is known for its world-class infrastructure, favourable business environment, and excellent business services and support, making it an ideal location for businesses operating in the commodities sector.

Company Set Up in DMCC Free Zone

DMCC (Dubai Multi Commodities Centre) is a free zone in Dubai, UAE that is dedicated to facilitating trade and investment in commodities. Setting up a company in DMCC freezone can be a great option for businesses looking to establish a presence in the region.

Here are the general steps for setting up a company in DMCC free zone:

  1. Choose a business activity: The first step is to decide on the type of business activity that you want to carry out in DMCC free zone. DMCC allows businesses to engage in a wide range of activities, including trading, manufacturing, and service-oriented activities.
  2. Choose a company structure: You will need to choose a company structure based on your business needs. DMCC allows businesses to set up various types of companies, such as a free zone limited liability company (FZ-LLC), branch of a foreign company, or a representative office.
  3. Choose a trade name: You will need to choose a unique trade name for your company that complies with DMCC’s naming conventions. You can check the availability of your preferred name on the DMCC website.
  4. Submit application: Once you have finalized the above details, you can submit your application to DMCC. The application form can be downloaded from the DMCC website. You will need to provide various documents, such as a business plan, passport copies of shareholders, and a bank reference letter.
  5. Obtain necessary approvals: DMCC will review your application and may request additional documents or information. Once your application is approved, you will need to obtain necessary approvals from other authorities, such as the Department of Economic Development (DED) and Dubai Municipality.
  6. Sign lease agreement: After obtaining the necessary approvals, you will need to sign a lease agreement for office or warehouse space in DMCC freezone.
  7. Obtain license: Finally, you will need to obtain a license

Start Business in DMCC Free Zone

Starting a business in the Dubai Multi Commodities Centre (DMCC) freezone can be a great option for entrepreneurs looking to establish a presence in the UAE. The DMCC is one of the largest and most prestigious free zones in the country, offering a wide range of benefits to businesses, including tax exemptions, 100% foreign ownership, and streamlined company registration procedures.

PATELS Documents Clearing Services is well known and trusted business setup and documents clearing services in the Dubai, UAE providing excellent services. Is there anything else we missed in this checklist? Let us know in the comments!