Instant License
Obtain your license in minutes by having Instant License
Since business sectors have become greater and bigger in Dubai, a lot of businessmen, entrepreneurs and investors wouldn’t let this chance to expand and establish the business of their dreams, plus also the fact that Dubai is one of the business hubs of the world.
The Government of Dubai made everything easier to obtain your license in minutes and this was called the Instant License. Embarking on a new business venture is both exciting and nerve-racking. However, getting this license should be handled by the team of experts with all the procedures of the documentation for you to not lead in any false information and mistakes.
In addition, it is right for you to get the right people to handle since obtaining a license because this is far way more important to open your business. With its beyond experience, obtaining an instant license is easy here in Dubai.
What is Dubai Instant License?
The usual questions come from entrepreneurs’ concerns about how to start up a company here in Dubai by having an Instant license.
The Government of UAE indeed made everything easier and quicker to obtain this Instant license
with indeed a great benefit of having extra exempted procedures that you do not need for the 1st year of your business which is the following:
- Memorandum of Association
- Tenancy Contract (Office rent for the year)
If you are planning to establish a Commercial and Professional license with no external need for a certain activity. This is a way greater opportunity for all the investors and entrepreneurs!
Important Matters for Instant License
- Benefits of Dubai Instant License
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- License issued in just a couple of minutes
- Start conducting business immediately
- Immediate trade and perform business activities
- Preparation for the next 1st year of the business
- Memorandum of Association is not required for the first year
- Tenancy Contract/ Ejari not required for the first year
- Document’s preparation and requirements are not too much
- The cost-effective first year of business
How to apply for a Dubai instant license?
For you to not get off-guard, you have to be aware of the essential nuggets of information on how to establish your company in Dubai. Here are the few steps:
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Select your business activity
It’s very important to get this right. Since there are many categories associated with the business, you have to select the right one before starting the registration process. Because this would be the way to run your business. If you break one of the regulations of how to run your business, this will be big trouble for your company.
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Determine your Company name
It is now time to start coming up with ideas of what your trade name should be. Every business needs a unique name. This is one of the factors how to catch the attention of the people.
You have to make sure that your company name isn’t taken by a different business and isn’t already trademarked by someone else.
If the help of our team, we can check it for you without having any hassle from your side. We just need the top 3 company names that you preferred and we will tell you if there are any problems.
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Obtain your license application
Business licenses are granted once you fulfill the license application. By obtaining an Instant license, can be applied online via the E-services portal or by visiting a service center. Regardless of how fast can obtain this Instant license, you still have to seek the help of the business formation experts like us, Dahhan Business Services since there are some external approvals needed plus getting wrong in applications can lead to very serious consequences.
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Determine the partners and managers
A lot of business sectors use business partnering to enhance workforce performance, foster and nurture strategic people such as leadership, learning, culture, talent, as well as to develop people solutions to achieve the organization’s objectives.
Moreover, you need to determine the managers who can take over the business running smoothly.
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Visa applications
Since Dubai is one of the most vibrant economies in the world, A lot of foreigners decided to establish their own businesses. However, you need to obtain a residency visa for you to be able to stay in such a country legally.
With this, we are here to help you with all these processes. We pride ourselves on being approachable and proactive in understanding and meeting our clients’ needs. We are a highly driven team of all the Governmental procedures dedicated to providing clear and reliable immigration advice to all visa applications as part of professional and friendly services.
Once you’ve followed the steps of all the information you need, you have to focus now on how to run or manage well your business.
Who can apply for Dubai Instant License?
Dubai Instant license will be issued once there’s no external approval from the other Government entities by choosing the type of activity for your business.
Moreover, any trading or professional companies with activities that require external approval are automatically not eligible to obtain a Dubai Instant License.
Companies that are possible to incorporate Dubai Instant License are the following:
- Limited Liability Company
- Sole Proprietorship
- Civil Company
- One person L.L.C
Requirements for Dubai Instant License
- Passport of every business partner (all partners must be present during the official application process)
- Application Form
- Copy of Residents Visa of all partners and managers
- Local Sponsor passport copy
- Local Sponsor Emirates ID copy
What is the cost of a Dubai Instant license?
- Issuing the Trade license: obtaining an instant license depends on the type of activity you choose is approximate starts from AED 10,000. This includes generating the payment voucher.
- Market Fees: The Government of Dubai understands the situation of all the business sectors that is why they have decided to reduced the market fees to AED 250 but this is only applicable for the 1st year of the business. For the second year, the fees of the market fees will change into 2.5% of the annual rent of your office.
- Sponsorship Fees: they are certain activities that need a Local Sponsor/ Service Agent. The fees of this will depend on the amount of mutual agreement between you and the local sponsor.
But in this type of business license, Dahhan Business Services is here to offer you a very reliable, trustworthy, and friendly cost-effective local sponsorship.
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Dahhan Business Services
one-stop document processing center that provides its clients with document clearing PRO services, company establishment solutions, a trustworthy company local sponsorship, legal translation services, and trademark services.