Industrial License in the UAE
An industrial license in the UAE is essential for companies involved in manufacturing, processing, or industrial activities.
It allows businesses to produce, assemble, and manufacture products, as well as engage in activities that involve the transformation of raw materials into finished goods. Industrial licenses are issued by the Department of Economic Development (DED) or relevant free zone authorities and are crucial for industries such as food production, chemicals, textiles, and automotive manufacturing.
Who Needs an Industrial License?
– Manufacturing and Production: Factories engaged in the mass production of consumer goods.
– Assembly Plants: Businesses that assemble products from imported components.
– Chemical and Pharmaceutical Companies: Entities producing chemicals, medicines, and related products.
– Textile and Apparel Production: Factories manufacturing fabrics, garments, and other textile products.
Advantages of an Industrial License
- Access to Specialized Zones: Industrial licenses allow businesses to set up operations in industrial areas or free zones with custom-built facilities.
- Customs Exemptions: Companies benefit from exemptions on import duties for raw materials and machinery.
- Tax Benefits: Complete exemption from corporate and personal income taxes in most free zones.
- Eligible for Government Incentives: Some industries, particularly manufacturing, can receive government grants or incentives.
- Visa Issuance and Facilities: Companies can obtain visas for their workforce and access affordable housing near industrial zones.
Process of Obtaining an Industrial License
- Define Manufacturing Activities: Specify the type of products the business will manufacture or assemble.
- Obtain Initial Approvals: Secure approvals from the relevant DED or free zone authority.
- Prepare Facility: Arrange a suitable production facility that complies with environmental and industrial regulations.
- Submit Required Documents: Include passport copies, business plans, lease agreements, and environmental permits if needed.
- Receive Final Approval and License: After inspections and approval, the license is issued, allowing the company to begin operations.
Neo Vision Corporate Services provides expert guidance through every step of obtaining an industrial license, ensuring compliance with environmental and safety standards while streamlining government approvals.