We promise not to bother you often! A ban on certain activities or hefty fines will be imposed on violators. With this kind of trade license in Dubai, a foreign investor may be able to get full ownership of the business. In practice, there may be many unlicensed online platforms trading across the UAE. : 5001, Rigga Road Dubai, P.O.Box 4647, U.A.E Original MOA. the application has to be approved by the government authorities prior to performing any related activity including the provision of agricultural consultancy. section where the code, description, and type of the selected activity Failure to do so, risks a penalty between AED 100,000 to AED 500,000. There’s a number of licenses that can be applied for in UAE including professional, industrial, and commercial. to the license you want to issue. However it cannot be guaranteed that the regulator will not identify these unlicensed online traders and impose a penalty between AED 100,000 to AED 500,00. Book an appointment with us, or search the directory to find the right lawyer for you directly through the app. When activities are conducted via an online platform, it generates a lot of confusion in terms of whether or not these activities constitute conducting commercial activities within the UAE, given that they are online. Change of activity / Add activity within same segment Application Form Fees Service fees: AED 500 An additional fees of AED 10 as “Knowledge Dirham” and AED 10 as “Innovation Dirham” is applicable per transaction. and partners who will be included in the license. Original Trade License. © 2020 Department of Economic Development - All rights reserved. Steps for Trade License Renewal. Original License and Original Certificate of Registration. Call us here in FAR Consulting Middle East today! For international calls: +971 4 3900500 A business entity in the UAE is allowed in submitting an application for adding, changing, or removing an activity that is on the license it has been issued with. The license must also agree with the rules of the government. © 2020 FAR Farahat & Co., All Rights Reserved. The process of changing the activities to a trade license of business in Dubai … One of the benefits of having a general trading license is, a company can trade within Dubai and other Emirates. Head office: IBIS Hotel Building Office Entrance 5th Floor, Office No. Duration Process Duration: 2 working days Tel: 800-4-DDA (332) In short, a free zone company with an E-Commerce activity can only act as a middleman, unless it also obtains a license from the DED to allow the free zone company to trade freely across the UAE. How to Change Activity to Your Trade License in Dubai. Duration Process Duration: 2 working days The legal documents must be in English and /or Arabic. Determine all the legal requirements of the license. Click here Location Map, Change of activity / Add activity within same segment, Visit the requested page on our new website. Activities that fall under the professional license include publishing, printing, beauty parlors, repair services, document cleaning, security services, computer graphic design, clinics or medical services, consultancy, and carpentry among others. Select the activity from Typically, if a company is licensed to trade in a particular industry, that trading license will qualify the company to also trade online. Amendment to the Memorandum of Association concerning change of activity. Amendment to the Memorandum of Association concerning change of trade name (all legal forms of companies except branches of foreign companies). The license owner can add more than one activity to the same license. and then click Search. Approval of the Ministry of Economy for branches of foreign companies registered with the Ministry and for public shareholding companies. Typically, if a company is licensed to trade in a particular industry, that trading license will qualify the company to also trade online. The license is needed by individuals that are providing carpentry, plumbing, and electrical work among others. Therefore, for a trader to freely trade and sell its products online, into the wider UAE, the trader must also obtain a license to do so from the DED.