The Department of Economic Development, with the institutional support from the Dubai Chamber of Commerce & Industry, is the statutory body that regulates and controls the licensing procedures for an entity in Dubai. It was formed to organized and activate industry as well as internal and external trade in the Emirate and prepare studies relating to industrial and commercial activities.
Types of Licenses issued in Dubai:
1. Trade License
A trade License is issued to a natural or juridical person to practice any trading activity for the purpose of profit making through buying and selling of goods. Wholesale or retail trade enterprises, contractors, hotels transport and storing establishments etc.
2. Industrial License
An industrial License is issued to a natural or juridical person to practice any investment activity the object of which is to discover natural resources or transform raw materials in terms of its structure or appearance into manufactured products or to transform the semi manufactured products into fully manufactured products by using mechanical power and segregate the products, filling assembling or packing them.
3. Professional License
A professional License is issued to a natural or juridical person to practive any profession in which he depends on his physical or mental efforts rather than depending on a cash capital. This License is issued to practice certain profession such as consultancy services and studies, auditing and accounting, medical educational and similar services.
