The home business license is a special type of business license issued by the Dubai government to those who want to start their businesses in Dubai. The license is given according to the business type and number of employees. To obtain a home Business License In Dubai, you need also to submit all the required documents. These include your employment contract, proof of income, application fee, and passport copy.
Once you have submitted all the required documents, you will be contacted by the government within 3-4 days for further processing. If you are looking for more information on how to get a home business license in Dubai, then read this guide carefully and learn how can they get your home business license in Dubai.
What Are the Benefits of Home-Based Business in Dubai?
If you have been thinking of setting up a home-based business in Dubai, then you should consider the following benefits of owning a home-based business in Dubai:
No need to commute
If you own a home-based business and work from your home, then you don’t need any office space or commercial area. You can easily arrange your office at your home instead.
No competition with other businesses
When you own a home-based business, their choice stands no match with other businesses. This means that there won’t be any issues if you want to run different kinds of businesses from the same location.
More flexibility and freedom in terms of working hours and timings.
The main advantage of owning a home-based business is that you will not face any problems related to commuting as well as working hours and timings.
How to Get a Home Business License?
Getting a home business license in Dubai has been fairly straightforward. However, you will have to do some paperwork and have the necessary documents ready before you can apply for your license. If you are planning on opening a business at home, then you will need to find out whether or not your property has been designated as a business by the government.
If so, then you will be able to apply for a home business license from the Dubai Municipality. There exist several stages interested in obtaining this type of license and you must take them very.
1. Decide the Business Activity
The first step to getting a business license in Dubai is to decide which business activity you would like to pursue. The best way to find out what type of business you would like to start is by talking with your family and friends. If you have any experience in the field, then it will be easier for you to choose the type of business that suits your skills and interests. These sources provide valuable information about different types of businesses and their requirements for registration.
2. Register the Name
You must register the name of your company and its address with the Dubai Misdemeanours Bureau (DMBS). The roster will stand good for three years and can live restored once during that time. When recording, you must deliver data such as your name, address, nationality, ID number and Spousal Status points.
3. Decide Your Company Structure
You can choose between two structures when applying for a home-based business license in Dubai: single or joint venture structure. Each structure requires different documents so make sure that you have all of them before applying for a license.
4. Get Your Home-Based Business License
You can now use this license to start up your business in Dubai and conduct all business activities at home, such as importing goods, establishing a branch office or hiring employees.
What Are the Documents Required?
Dubai is one of the most happening destinations for business people. From high-speed Internet and favorable visa policies to vibrant nightlife and sandy beaches. A home business license can take a lot of time and effort to obtain. Several documents must be gathered and submitted. Getting a house business license in Dubai has been not difficult, but it accomplishes requires some paperwork and documentation.
The following are the documents required for obtaining a house business license in Dubai:
A completed application form
A copy of your ID card and passport
A copy of your educational certificate or diploma
A letter of employment from your employer if you are self-employed
A letter from your bank or any other financial institution stating that you have good accounts to handle the business
What Is the Cost of Getting a Home Business License In Dubai?
The cost of getting a home business license in Dubai is based on the type of business you want to run. You can get a license for an individual or joint ownership, which will be cheaper than a business entity license.
The application process is straightforward. You will need to provide proof that you are a real person, including your ID card or passport, and proof that you have enough funds to cover the license fees.