Instant License
Ayn Al Twar Dubai UAE
What is Instant License in Dubai?
In July 2017, the UAE Government announced the facility of Instant license in Dubai to enable businessmen to obtain their Trade license (Commercial or professional) in just one step within five minutes.
The Business Registration & Licensing (BRL) division in Department of Economic Development (DED) in Dubai come up with the option to setup a business in Dubai in just 5 minutes using instant licensing service, curtailing 3 main requirements to make it easy and quick for the investors to register a company in Dubai & start their own business.
Now you can go for business setup in Dubai, UAE in just one step without the need of following three traditional requirements:
- Without Contract/MOA
- Without Trade Name Registering
- Without Rent Contract/ Tenancy Contract
Traditionally, getting a trade license in Dubai may take one to three months or even longer depend on the activity and requirement set by the Dubai Economic Department. Most time taking requirement to meet in forming a company in Dubai is to have a tenancy/Rent agreement for the office space. From choosing a perfect location to finding economical space to run business operations, making it a lengthy procedure. It can be increased by the further time needed to get the approvals from DED to obtain a business license.
AYN AL TWAR Corporate Services Provider are experts when it comes to helping new companies establish their business in Dubai. We have been trusted by many of our clients for handling every practical aspect of setting up a business, from corporate registration through to visa processing and liaising with Dubai Government agencies on your behalf, whilst also supporting them with a team of company registration professionals who are passionate about bringing the dreams of ambitious entrepreneurs and SME’s to life.
Why Should You Go For Instant License Dubai?
Until the end of 2018, the Department of Economic Development has issued 1,882 instance licenses in Dubai. All of them were issued in just 5 minutes. Among these 1882 instant licenses in Dubai, 87 per cent (1641) was for commercial categories and rest 13 per cent (241) fall in the category of a professional services company.
The instant license Dubai is introduced by DED to help investors in obtaining a trade license in just 5 minutes, making it easy to invest in Dubai and attracts the investors by offering a one year grace period to do the business without lease agreement and Memorandum of association. Business setup in Dubai provides access to the international market and brilliantly planned infrastructure. This instance license option is offered in line with the vision of making Dubai a business hub of the world.