There are several steps in order to incorporate a company in the UAE. One of the major steps is to Reserve a Trade name.
Once the activity or multiple activities have been chosen, and the appropriate type of entity has been decided upon a Trade Name can be applied for.
There are many considerations to understand when choosing a Trade Name and whether it can be accepted by the DED. Below is a selection of the main points however for a full list contact PRO Partner Group for a full understanding.
The trade name reservation is valid for 6 months. After 6 months If the customer fails to issue the commercial license; the trade name will be automatically cancelled at the end of the reservation period.
The Company may use the trade name of another company which provided the franchise to the Company; provided that the franchise contract shall be submitted to the DED.
DED has the right to cancel or change the trade name if the name is similar to an existing trade name, or if the trade name does not take into account the applicable terms and conditions.
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