Types of Business Licenses for Foreign Investors
In Dubai, foreign investors can choose from various types of business licenses, each tailored to specific business activities. Here are the most common ones:
1. Commercial License
Essential for businesses engaged in trading activities, such as buying, selling, importing, and exporting goods.
2. Professional License
Designed for service providers, professionals, artisans, and craftsmen. It permits individuals to offer their expertise and skills to clients.
3. Industrial License
Mandatory for businesses involved in manufacturing or industrial activities, including the conversion of raw materials into finished goods.
4. Tourism License
Required for businesses operating in the tourism sector, such as travel agencies, tour operators, and hospitality services.
Each license category comes with its unique requirements and application procedures. Some business activities may necessitate approval from other government departments beyond the Department of Economic Development (DED).