Commercial Brokerage License in Dubai

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Commercial Brokerage License in Dubai

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Commercial Brokerage License in Dubai

Dubai’s reputation as a global business and investment hub creates vast opportunities for commercial brokers to thrive. A Commercial Brokerage License allows businesses to act as intermediaries in facilitating deals across various sectors, including real estate, trade, finance, and more. This license enables brokers to connect buyers and sellers, negotiate contracts, and earn commissions on successful transactions. With its robust economy, strategic location, and diverse market, Dubai is the perfect place for commercial brokerage firms to operate and grow. Obtaining a Commercial Brokerage License ensures compliance with local regulations, providing businesses the legal framework to offer professional brokerage services in one of the world’s most dynamic markets.

Process

Process to Open a Commercial Brokerage Company in Dubai (Dubai Mainland Setup Process)

Begin your company formation journey with a free consultation. This step helps in selecting the most suitable location and business activity for your LLC.

We confirm if you have previously entered the UAE to create a profile in the Department of Economic Development (DED). This profile creation requires an active mobile number and email ID and allows you to complete the licensing process without being physically present in the UAE.

After profile creation and selection of your desired business activity, we proceed with obtaining initial approval from the Dubai Economic Department (DED).

Provide us with three preferred business names to check for availability. Once a name is available, we reserve it for your business license. As per DED regulations, the activity type must be mentioned after the chosen business name.

We draft a standard Memorandum of Association (MOA) approved by the DED. This can be digitally signed online or in front of a notary, depending on authority requirements.

If you have your own office space, provide us with the Ejari certificate to link with your license application. Alternatively, we can source a virtual Ejari for you.

Upon successful submission of all documents, we will receive a payment voucher. Once payment is made, the business license will be issued, subject to DED approvals.

Post-license issuance, we will register your company with immigration and initiate the visa application process for the investor/partner.

With your business license and Emirates ID, we can assist you with the digital bank account opening process, which you can complete at your convenience.

The estimated cost for opening this license is approximately 18,000 AED. This includes the license with two shareholders, initial approval, trade name reservation, and MOA signing. For a detailed quotation or consultation, please contact us through the inquiry form.

Documents Required to Start the Process:

For Individual, the following additional documents are required

Provide 3 preferred trade names (in order of preference)

Passport copy, visa copy, and Emirates ID of the manager(s)
Mobile number and email address

Passport copy, visa copy, and Emirates ID of the manager(s)

Mobile number and email address

Office lease agreement (if not opting for a virtual office)

Passport holding photograph

Any other documents as requested by the authorities.

For Corporate Shareholders, the following additional documents are required

Notarized by the issuing authority, and attested by the UAE embassy and Ministry of Foreign Affairs (MOFA) in the UAE.

Trade license, certificate of incorporation
Certificate of incumbency
MOA/AOA for the parent company, all attested by the UAE embassy and MOFA in the UAE.

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