A commercial license is issued to a business involved in any sort of commercial trading activity. General and specialized traders can avail a commercial license in Dubai and trade freely within the UAE and globally.
A service business enjoys 100% ownership with a professional license. Individuals who wish to practice a profession that relies on their knowledge and skills can attain a professional license in the UAE.
An industrial license in Dubai is required by enterprises that transform natural materials or natural resources into other final products.
We at Bizvise can assist you to get this number or help you to setup your Dubai Company or advise you on your Dubai license
If you intend to start a holiday home rental business or travel business. As a UAE business you must consider to register for UAE VAT. Below we have provided you an idea of what UAE VAT is and the law
UAE VAT Law (For information purpose only)
A business must register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000. A business may choose to register for VAT voluntarily where the total value of its taxable supplies and imports (or taxable expenses) is in excess of the voluntary registration threshold of AED 187,500. Only VAT registered businesses will need to charge and account for VAT