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How to Start Electronics Trading Company in Dubai: A Guide

How to Start Electronics Trading Company in Dubai | License Cost, Documents, Benefits and More
Table of Contents

t it is best to check with professionals that can guide you through the process and check for minute intricacies that may slip your attention otherwise.

Avyanco can help you with an easy and smooth acquisition for Electronics Trading License in Dubai so that you can start your business at the earliest.

Cost of Electronics Trading License in Dubai

The electronics trading license cost in Dubai would be starting from AED 20,000/-. The exact figure may vary depending on many other factors that may influence the overall cost. Factors affecting the costs include the type and size of the business, jurisdiction, the type of business license, and more.

It is better to have a team of professionals to do this for you instead of trying to do it yourself. So opt for Avyanco where you will find qualified and professional licensing and taxation experts that will tell you the exact cost of starting electronics trading company in Dubai.

Details of Electronics Trading License Cost in Dubai

Government ChargesFees AED
Initial Approval120
Trade Name (in English)620
Tasheel Preapproval350
Tasheel Memorandum of Associate345
Trade License fees11960
Foreign Trade Fees2000
Corporate PRO Services Fees6000
Total Cost of electronics trade License21 395

Documents required to Get Electronics trading license

There are a number of documents that you need to start electronics trading company in Dubai, some of which include:

  • Few Name choice for company name reservation
  • Your passport with previous tourist, residential visa, or entry stamps from any of the UAE airports
  • NOC from current sponsor if existing resident visa
  • License application form
  • Memorandum of Association
  • Tenancy contract either actual office or virtual office.

These documents only make up a few. There are many others that you will need depending on your  jurisdiction requirements, scale, and other factors influencing your business. It is noteworthy that you will also be required to provide a visa and passport of partners which includes a dependent resident visa. All of these are complicated steps that have a high probability of mistakes.

Let our expert team at Avyanco handle this for you. We can help you acquire your Electronics trading license in Dubai in little to no time.

Options for Setting up Electronics Trading Company in Dubai

If you want to start electronics trading company in Dubai, you will have three main options in terms of location. These are:

Mainland

Starting a business in Mainland costs more than freezones. But it has a lot of perks to offer including better business growth opportunities, prominent locations, access to a wider market, and convenient transportation. The mainland is monitored by DED which is a government body. You will have complete control over your electronics trading company and you can do business anywhere with no restrictions. With the mainland license investor can do retail shop or showroom which will lead to increment of many customers.

DAFZA (Dubai Airport Freezone Authority)

The Dubai airport free zone is an advanced Freezone established by the government with a location next to the airport, which offers amazing business prospects. It offers a friendly environment with tax exemption, excellent infrastructure, complete repatriation of earnings as well as ownership. They are called the fastest-growing economic Freezones of the MENA region.

There are no currency restrictions and a dedicated logistics center, which makes it more convenient for an an electronics trading company.

Other UAE Freezones

In total, there are 40 multidisciplinary Freezones in UAE that offer foreigners and expatriates complete ownership of their businesses. The free zones for company formation are characterized by distinct services that guarantee a smooth flow of work and offer highly efficient infrastructure. This saves businesses a ton of time and effort.

But which freezone is right for you is not up for debate. Ranging from start-up costs and available funds, there are many factors that drive these decisions. If you are unsure in which direction to proceed, let the experts at Avyanco help you out.

Benefits of Opening Electronics Trading Company in Dubai

Opening electronics trading business in Dubai offers a number of benefits such as:

1. Trade Benefits

With benefits like exemption from taxes and all the way to a variety of Freezones, if you start an electronics trading business in Dubai, you can not only succeed in local trade as the economy is rapidly expanding but also benefit from exporting to nearby countries that rely on goods from Dubai and hold them as top quality goods in comparison to goods from China or other neighboring countries.

2. Custom Benefits

Dubai customs offer a lot of benefits to electronics trading businesses. Some of the most notable benefits include:

  • Low shipment charges
  • Low custom charges
  • Faster clearance time in comparison to other countries
  • Clearance Approval is also fast in comparison to other countries and regions
  • Demurrage and storage cost are significantly lower than that of other countries and regions

3. Port Benefits

Dubai’s ports allow businesses to have easy and affordable international access. Being a global economic hub, Dubai’s port allows businesses to receive and send shipments across the globe with easy access and low duty in comparison to other ports around the globe.

4. Import Export policies

Lenient and convenient import-export policies make Dubai the perfect place to start your Electronics trading business.

5. Taxation

As we have already discussed, there are a lot of exemptions from taxation for businesses, especially in Freezones. It makes for an ideal business environment for start-ups to grow and flourish.

How Avyanco Can Help you Setup Electronics Trading Business in Dubai

To start electronics trading business in Dubai, you need a lot of professional help. Many businesses either suffer to flourish when they try to start a business on their own especially in Dubai, this is why seeking the help of professionals is advised. You need trustable and reliable partners to help you establish yourself as an electronics trading company.

Avyanco is the leading business setup company in Dubai that has helped numerous businesses startup. Ranging from helping them find the right location to the acquisition of necessary documentation, if you are planning to invest in electronics trading let our team help you open electronics trading company in Dubai. Feel free to reach out to us, we are just one message away.

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About the Author

jashvant-avyanco-business-setup-consultancy-ceo

Jashvantkumar Prajapati

(Founder and CEO of Avyanco Group of Companies; Business Setup Consultancy, Avyanco Tax and Accounting LLC, and Avyanco Auditing LLC.)

He keeps a varied portfolio with core expertise in investment management, corporate structuring, commercial law, business consultancy, lead management, business planning and market research. Aspire to help potential entrepreneurs and investors to come ahead and form their companies in highly emerging economies like UAE.