You can combine various categories of goods in one trade license
If local company obtains trade licenses, then there are restrictions on merging different categories of goods under one license. However, you can solve this problem by creating company in the FEZ and obtaining trade license for different categories of goods. Some FEZ provide the opportunity to combine up to 10 commodity items. Experts of the SORP Group will help to understand the diversity of free economic zones and trade licenses, so you can choose the best option.
Restrictions in obtaining trade licenses for some categories of goods
Due to state restrictions for political, religious and other reasons, local company in the UAE cannot obtain trade license for all categories of goods. Such goods include oil, gas, all types of petroleum products, alcoholic beverages and other goods. SORP Group recommends obtaining a license in one of the free economic zones, where you can obtain such trade licenses. SORP Group specialists possess unique experience and practical knowledge, the will help to deal with any task and select the optimal solution.
Additional requirements for obtaining trade licenses for some categories of goods
The process of obtaining trade license for some categories of goods is complicated because you have to obtain additional permits for proposed activity and meet the legislative requirements of state regulatory agencies. Thus, company should have agronomist in staff to sale fertilizers, appropriate certified storage place for products to sale precious metals, accredited warehouse to sale pharmaceuticals, etc. SORP Group will provide comprehensive advice on obtaining trade licenses, as well as requirements for importation and sale of goods in the UAE.
A mistake to obtain trade licenses in the FEZ instead local territory
Many entrepreneurs by mistake make a choice to obtain a trade license in the FEZ, because this is the least expensive option, thereby they are limiting their activities and missing wide trading opportunities in the domestic market. This situation can lead to certain problems with goods sale or illegitimacy of transactions. SORP Group recommends you to contact the experts who know all the subtleties of the law and business customs of doing business in a particular market.