What Is A General Trading License In Dubai UAE?
A general trading license in Dubai allows you to carry out business activities across different sectors. In a general trading license, you do not have to deal with goods that are closely related, such as food and beverage. You can also carry out business activities in various industries and even sponsor dependents. These licenses are essential for your business, so you should ensure that you have the proper requirements.
A general trading license is necessary if you plan to conduct multiple trading activities. This license does not limit how many shareholders you can have. Usually, the maximum number of shareholders is 50, but there is no upper limit. If you intend to trade in different commodities, such as food and drink, you should consider a commercial trade license. Alternatively, you may consider a general trading license for a more specific type of business.
