About Bank Account Opening:

When opening a corporate bank account in the UAE, you’ll discover that the requirements vary from bank to bank. It can be quite frustrating trying to find reliable information as well as the right banking partner. However, it can be hassle-free with the right know-how and support and we at Decisive Zone are at your service for your banking needs.

Requirements:
  • Get clearance from the government authorities to avoid incurring any fines or penalties on your license when it is not renewed upon its expiry.
  • Inform relevant authorities that you are no longer in the business to avoid incurring any fines or penalties on your license when it is not renewed upon its expiry.
  • Discharge your liabilities towards creditors and partners if you are in a shareholding company and protect your interests and shares.
  • Put your goodwill and business reputation in perspective if you decide to start a business again

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How Decisive Zone can help you freeze your trade license?

At Decisive Zone, our expert professionals work with you at each stage, helping organize your application and gather necessary documentation and approvals making the entire process seamless for you.

Commercial License

A Commercial License is required in the UAE for businesses involved in trading and supplying of goods such as:

  • Mobile phones & accessories trading
  • Building material, cleaning and safety equipment trading
  • Oil & gas, chemicals trading
  • Automobiles, spare parts trading
  • Gold & precious metals trading

Industrial License

An Industrial license is required in the UAE for manufacturing or other types of industrial activities such as:

  • Garments, uniforms manufacturing
  • Meat, dairy products manufacturing
  • Animal & birds feed manufacturing, fishing net making
  • Pastry & sweets manufacturing, mineral water bottling
  • Fabrics & textiles embroidery, carpets manufacturing

Professional License

A Professional License is required in the UAE for individuals or business groups that deliver expertise as a service to the public such as:

  • Computer, IT infrastructure consultancies
  • Insurance, tax, legal consultancies
  • Marketing consultancies, public relations management
  • Auditing & accounting
  • Waste management & recycling consultancy

Process for mainland license

  1. Choose business activity
  2. Choose company structure
  3. Get trade name approval
  4. Get initial license approval
  5. Get external approval (if required)
  6. License issuance
  7. Open company bank account
  8. Get establishment card
  9. Labour file
  10. Process visa