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A commercial license is a standardized license obtained by an organization that is utilized for conducting business by a single person or group of people from that industry. With a single license, a firm could operate up to 10 business activities.
The license is issued by the government as permission to conduct business with their permit and trade goods and services legally. Any company dealing with commercial aspects of business can apply for a commercial license.
We at Avanz Corporate services work really hard to help organizations set up their businesses and run them, fulfilling all the rules and regulations set by the UAE government. One of the key benefits of commercial licenses is that you need not pay any corporate taxes.
We not only help in business setup and company formation but also help in acquiring a commercial license if required by the company. The different categories of companies that are required to take a commercial license are:
● Real estate
● Transport formations
Department of economic development is mainly involved in the processing of the commercial license. With our years of experience, we at Avanz make sure you get registered within the given time frame