Why do you need a trading license?
Table of Contents
- 1 Why do you need a trading license?
- 2 Do I need a traders licence?
- 3 Do you need a license to trade on private land?
- 4 What are the 3 types of trade license?
- 5 Do I need a license to have an ice cream van?
- 6 Who needs trade license in UAE?
- 7 What does the trade licence do?
- 8 How to obtain a business license?
Why do you need a trading license?
Street trading is defined as the selling or offering for sale any article in the street or from a vehicle, kiosk or moveable stall. Traders who use the public highway to sell goods or services must have a street trading licence to carry out trade from a designated site or pitch and display goods in front of a shop.
What does trade license mean?
A trade license is a document/certificate that gives permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location. However, the license does not allow the holder to carry out any other trade or business than for it is issued.
Do I need a traders licence?
You must have a street trading licence to sell items from a trailer, stall or any other receptacle in a street. We only allow trading from designated sites and do not issue licences for mobile trading.
How can I get trade license?
Documents Required for Trade License:
- Application form.
- PAN card.
- Incorporation certificate (if applicable)
- Aadhaar card (in case of an individual applicant)
- NOC from an immediate neighbour.
- Property tax payment receipt.
- Lease documents/ consent letter from the property owner.
Do you need a license to trade on private land?
If you are trading on private land you may not need a licence. However if you are trading on private land and you are within seven metres from the public highway you will need a street trading licence. Unlicensed street trading on the public highway is illegal.
What is trade license Dubai?
The most employed type of business permit is the trade license in Dubai, also referred to as the commercial license and which designates most of the activities that can be carried out across the UAE. The trade license is issued by the Department of Economic Development (DED) in Dubai.
What are the 3 types of trade license?
There are 3 types of trade licenses that a company or individual can apply for based on the type of trade or business they take forward.
- Shop License. This license is required for anyone who wants to open a shop.
- Industrial License.
- Food Establishment License.
How do I get a trade license?
Do I need a license to have an ice cream van?
Currently ice cream vans are allowed to trade without a street trading license, providing they stop for only for 15 minutes to serve customers then move on and do not return to the same street within the same day, unless the street is a street that prohibits itinerant ice cream selling taking place at all.
How much does a street trading Licence cost?
If you are a national trader, a four week licence would be £75 + (£36 x 4) = £219 and a six month licence (26 weeks) would be £75 + (£36 x 26) = £1,011. Alternatively, if you want to give out advertising, there is a charge for every two distributors in the same street.
Who needs trade license in UAE?
7. Who needs a general trading license? Companies with import and export activities involving textiles, furniture, foodstuff, and electronics, to give a few examples, require having a general trading license.
How to get a business trade license?
How to get a Trade license for your first long-term business visa application (Non-EU citizens)? Collect all the required documents (see above) Submit all the documents to the closest Trade License authority (list of Trade License offices here) – TIP – most Trade License offices are only open on Mondays and Wednesdays Wait 3-5 business days for your Trade License to be processed
What does the trade licence do?
1. What is a Trade License? A trade license is a document/certificate that gives the permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location. However, the license does not allow the holder to any other trade or business than for it is issued.
Can I get a stock trader license?
So to get a license as a stock trader, you first need to be hired by a firm that will put you to work trading and also sponsor you for the securities license. There are no specific per-qualification requirements to get a job as a broker. The typical arrangement is that you have a job agreement that continues only if you to pass the Series 7.
How to obtain a business license?
Form Your Business Entity. You’ll need a business license in the name of your business.