Free Zone Company trade license

Overview Company Trade License

The Free Zone Company Trade License is obtained with the letter of the corporate bank stating the arrival of the required company capital. It's one of the last steps in the Free Zone Company setup process.
 

UAE Free Zone Trade License example
UAE Free Zone Trade License from RAK Free Trade Zone for consulting services


The letter from the corporate bank states the amount, where the company capital came from in who's name. Details on this letter have to be correct to prevent delays in releasing the Trade License.

The letter of the corporate bank is usually issued to the manger of the Free Zone Company in person. If there are any errors in this letter, make sure it is corrected on the spot before heading of for the office of the Free Trade Zone.

The next step is to release the company capital at the bank.
The previous step is to make the company capital deposit.
 

What do you need to obtain the company trade license?

Original letter from the corporate bank stating the arrival of the required company capital. Checking the source of the money is an important step in the process at the bank.


For the obvious reasons a cash deposit (as with a bank cheque or plain cash) will not be accepted.
 

The Process

The Free Zone Company checks the letter from the corporate bank, stating company capital is there. The Free Trade Zone issue's the Free Zone Company Trade License when everything is correct.

Duration: 1 week

UAE Trade License in Dubai Free Trade Zone Licence in the UAE
Arrival of the Free Trade Zone Licence - a memorable moment in starting a business in the UAE
 

Result

Free Zone Company Trade License documents issued by the Free Trade Zone:

- Trade License
- Share Certificates

 

Licensing details

From this point on the company exists and trading can start. However there are still a few things to do such as releasing company capital.