Dubai Intelaq license - Everything you need to know
Dubai is home to many micro and large-scale businesses. Home-based businesses or small-scale businesses are also major as any other businesses in Dubai. The number of small-scale businesses getting started in Dubai is increasing daily and the reason for its emergence and success is the supportive policies and benefits Dubai Government provides. As a result, small-scale businesses have contributed much to the tremendous positive changes that happened over the past few years in Dubai. Such a supportive program, introduced in the Emirates to help UAE natives living in Dubai to start a small business is called Intelaq license.
To know more about the Intelaq license, continue reading this article.
What is an Intelaq license?
The Intelaq license is formulated to support home entrepreneurs who live in Dubai and business enthusiasts from GCC countries. Intelaq license will allow natives to open a business from home in various fields, with a little fee paid every year. One can form a sole establishment, civil company, LLC, or partnership with this license.
Intelaq license allows you to carry out services in fields such as consultancy, training services, fashion and apparel design, real estate brokerage, entertainment events, public announcements, etc. The services such as contracting activities, hair and beauty salons, and other activities related to health, environment, and industrial activities are restricted in this license.
What are the conditions applied to acquire an Intelaq license?
You should look for the below-mentioned conditions while applying for an Intelaq license.
The company should be owned by a person who can operate it from Dubai or GCC countries.
The applicant will be permitted only two intelaq licenses.
Intelaq license allows the owner to appoint up to three employees.
What are the documents required to apply for an Intelaq Licence?
To apply for an Intelaq license, along with the service request form you will also need to submit supporting documents such as;
A copy of the passport
A copy of the lease agreement or premises ownership deed/ premises map
A copy of the national identity card
A NOC or no objection certificate from the landlord
What are the procedures to apply for the Intelaq Licence?
First, one needs to apply by sending a mail to the Dubai SME portal’s email address email@example.com. Go through the terms and conditions of the Intelaq license before filling up the service request form. At this point, one can submit all the required supporting documents to proceed with the application procedure.
After completing the application procedure, the Dubai SME representatives will contact the applicant to review the business idea submitted to acquire the license. Once the idea gets conveyed successfully, they will approve the application and soon the applicant will receive an approval letter on issuing the license. You can entrust your registration and licensing procedure with a reliable business consultancy like Bizvise for a tension-free license application.The license approval letter is only valid for six months from the date of issue.
The Dubai government has extended the intelaq license applicable to 19 food trading services and 7 food preparation activities. The 19 permitted food trading activities enlists as dates, food and beverages, baby food, snacks, dairy products, sugar, tea, coffee, bread and bakery products, canned and preserved foods, nuts, salt, drinks, juices, ice, spices, sweets and chocolate, mineral water, and honey and bee products. The seven food preparation activities include candies and confectionery; pies and pastries; desserts and traditional sweets; juice, as well as selling snacks, sandwiches, and ice cream.
The Intelaq license is valid for a period of five years and after five years one has to convert it into a commercial license and should renew it every year. The person having the Intelaq license can only do the business that has been approved in the license application. Authorized representatives of the Dubai SME, Dubai Economy, and Dubai Municipality have the right and liberty to inspect and verify the business space. The owner of the license should make sure that the packaged food item has met the labeling requirements.
For an easy and simple business licensing procedure, connect with Bizvise. Bizvise is a trusted business consultancy providing various business services such as registration, licensing, incorporation services, opening bank accounts, and everything needed to set up a company in Dubai, UAE. Bizvise is happy and committed to assisting you in all your business procedures. All you need to do is to contact us.