Many Arab and foreign investors in the United Arab Emirates are searching for how to get a merchant license in Dubai. The goal of obtaining it is to organize the trade process, whether freelancing or through the Internet and social networking sites. It also helps protect the intellectual property of the project owner. It can obtain and all legal and administrative procedures can complete through Tasyer company that provides many services specific to that field.
How to get a merchant license in Dubai
A merchant license in Dubai can obtain through Tasyer company, which is one of the best companies providing administrative services in various investment fields.
You can obtain the license through Tasyer company after obtaining initial approval of the license by following the following steps:
- Upload all official documents to the company’s website, where all parties must register on the company’s website to sign electronically.
- As well as, pay the fees required to obtain the final license and related documents.
If initial approval didn’t obtain, the following steps you must follow:
- Log in to the company’s website.
- As well as, determine the type of business activity.
- Add all parties related to the company or business.
If there is no initial approval for the license, the following steps must follow:
- Log in to the website of Tasyer company.
- As well as, determine the type of business activity, whether it is “secondary or main.”
- Adding the individuals concerned with the license and specifying their nationalities.
- Determine the legal form of the license.
- Choose the type of license you want to obtain: “Commercial, Instant License, or Merchant License.”
- As well as, fill out the license details accurately.
- Fill in the personal data of the concerned parties, including the data of partners and managers. In addition to the local service agent, and add residential addresses, mobile phone numbers, identification numbers, and ownership shares for each of them.
- Add the main beneficiary of the license.
- As well as, review all entered data and confirm it.
- You pay the due fees and then obtain initial approval for the license.
- Specify the site details to send the legal documents, including the initial contract, to sign by the parties concerned with the license.
- Register partners on the website so that they can sign electronically.
- As well as, you pay the due fees and obtain the final license and all related documents.
Dubai merchant license for residents
The investor obtains many important advantages when registering in the merchant license program launched by Dubai Economy. Perhaps the most prominent of these advantages are the following:
- When residents obtain a merchant license, the company becomes affiliated with the Department of Economic Development, which increases trust between customers and the company.
- The possibility of practicing commercial activity on a large scale.
- As well as, Preventing the company’s commercial name from being reserved for anyone else.
- The possibility of participating in all economic exhibitions held in the country. As the company is affiliated with the Department of Economic Development.
It is worth noting that if any commercial activity carried out within the UAE without obtaining a commercial license. The project owner will be subject to a fine amounting to 25 thousand UAE dirhams. In addition to having his account closed at the Department of Economic Development in Dubai.
Conditions for obtaining a Dubai merchant license for residents
The Department of Economic Development in the Emirates announced a set of conditions that must meet to obtain a merchant license for residents, which are as follows:
- The applicant must not be more than 21 years old if he is a resident of the Emirate of Dubai. But if he is a resident there, his age must not exceed 18 years.
- Residents of any of the other emirates can obtain the license, but on the condition of residing in Dubai.
- As well as, visiting persons are not permitted to enroll in the merchant license program.
- Any resident with a valid resident ID can also register and obtain a license.
- As well as, more than one person cannot register with the same business license.
- When obtaining the license, it required that there be a permanent and real company in Dubai. And it is also required to record a “makani” number.
Beginning your first investment journey with Tasyer
Now, how do you obtain a merchant license in Dubai through the necessary steps to obtain the license. In addition to the most important conditions that must be met. As it can be obtained by seeking the help of Tasyer company in Dubai that works to complete all the procedures required by government departments as quickly as possible.
