Get Your, Industrial License
In Dubai, UAE
Industrial License in Dubai, UAE
Dubai’s stringent rules demand having a necessary license based on the particular business activities. The entrepreneurs must possess a license that helps them conduct their business operations in the Dubai premises. Among all kinds of licenses, one of the most important licenses is an Industrial license.
There is a vital criterion that needs to be followed to acquire an industrial license in Dubai. However, the issuance of this license provides plenty of benefits to business owners in the dynamic business landscape of the UAE.
Understanding Industrial License in Dubai
Industry-based organizations that are engaged in the activity of converting natural resources or altering raw materials are issued the industrial license. This license permits the production of manufactured or semi-manufactured goods. Therefore, the industries can perform operations like assembling, packaging, segregating, and processing. Additionally, an industrial license in Dubai obligates one to have a warehouse there.
The Department of Economic Development (DED) has the authority to issue and approve industrial licenses. However, approvals from other jurisdictions are also mandatory. To get a deeper insight into all the details related to industrial licenses in Dubai, contact Future Dream. Our professional workforce will guide you on the same.
Benefits of Industrial License
Acquiring an industrial license in Dubai benefits entrepreneurs in every possible way.
- One can get land on a subsidized rate or free of cost
- The entrepreneur gets ample discounts on electricity, water, and other requirements.
- If the product is innovative, the company can easily acquire loans at reduced rates.
- R&D support is provided if your product tends to strengthen the economy of the UAE.
- The lease contract will benefit the investor.
What Documentation Goes Into Obtaining An Industrial License In Dubai?
Business owners or investors need to gather the following list of documents to present it to the authorities of Dubai
- A feasibility study is required
- Copy of Trade License
- Copy of passport and residence if you are a non-citizen
- Registration
- Ministry of Health Approval
- Ministry of Interior Approval
- National Media Council Approval
- Approval from the Ministry of Environment and Water
- Photocopy of balance sheet
- Partnership Contract (if any)
Steps for Obtaining an Industrial License in Dubai
Applying for an industrial license in Dubai is an easy process with business setup consultants like Future Dream. We help you get through the complex formalities with ease by providing adequate expertise.
1. Seek help from a business licensing expert
Having a business license expert by your side can simplify your task of industrial license processing. At Future Dream, you are assisted by a team of professionals who will process the industrial license on your behalf and will take care of all the paperwork.
2. Get the administrative approvals
If you are looking to open an industry in Dubai, then you must seek approvals from the appropriate authorities. People who already conduct business in the economic zone then they need not stress about this step.
3. Submit the license application
Investors commencing their business in Freezone can submit their application forms to the Freezone authorities. However, mainland investors are required to contact the Department of Economic Development (DED).
4. Secure other approvals from the jurisdictions
Apart from DED, there are other relevant authorities in Dubai whose approval will be required to conduct the industry-based activities, These are as follows:
- The Ministry of Health
- The Chamber of Commerce and Industry
- The Industrial Register
5. Obtain Visas
Alongside the application for your industrial license, you can simultaneously apply for your visas. The visa is a must to conduct the business operations in the UAE. The business is beneficial for the investors and their dependents such as kids, spouses, or relatives.
3. Submit the license application
Investors commencing their business in Freezone can submit their application forms to the Freezone authorities. However, mainland investors are required to contact the Department of Economic Development (DED).
Prerequisites to apply for an industrial license in Dubai
Some obligations are mandatory to comply with by getting an industrial license in Dubai.
- The owner must possess a warehouse in Dubai
- At least 10 employees should be there at the commencement of the business.
- AED 250000 is a must for the minimum investment.
- Foreign investors can only possess 49% of the share. However, 51% of the share goes to Emirati sponsors.
- The construction process should begin within 6 months of license approval
- Raw materials that are being imported should only be used for business purposes.
- The staff must know how to operate the machinery in the business.
These rules must be followed precisely to avoid any legal indulgence in the future.
Industrial License Cost In Dubai
The cost of the industrial license in Dubai is very much dependent on factors such as location, zone, or type of business. AED 25,000 approximately is the expense of getting an industrial license in Dubai. The amount can fluctuate depending on the guidelines of the government.
It is advised to commence the business in the free zone territory as it would result in cost reduction and other tax benefits. Another suggestion is to go for the mainland as it allows full access to Dubai’s local marketplace.
Get Future Dream Expert Guidance With Industrial Company Setup
Many complexities occur while opening up an industrial-based company in Dubai. Future Dream can be your guiding light at every step of acquiring an industrial license in Dubai. Apart from this, our team will also assist you in deciding what kind of structure, or zone is best for you.
Therefore, we ensure you overall help from initial setup to ongoing support. Get in touch with us and expand your business to the next level.
If you are envisioning a prosperous future for your business in Dubai, partner with Future Dream, and let us help you turn your dreams into reality.
Contact Info
Office 401, 4th floor, Addidas Outlet Store, Bank Street Road Burjuman, Dubai, UAE