Trade License Classification
Examining your trade license is essential and crucial when it comes to the case of UAE, as the laws are strong and not flexible to favors. For contracting and engineering related companies, they can avail themselves of the trade license without much trouble. But in the case of some activities, it will be frozen waiting for municipality classification.
Before knowing the steps and requirements, what exactly is this classification?
Municipality classification is the process in which the Abu Dhabi Department of Town Planning Municipalities examines the trade license and evaluates the capability of Contracting and Engineering companies before they are given permission to participate in tenders within the Capital. It is carried out in accordance with well-defined and specific criteria as stated in the classification regulation No. (1) for the year 2009 and the contractor’s classification regulation No. (2) for the year 2009.
Classification is therefore a system that is set forth by the Abu Dhabi municipality for engineering and construction companies, it ensures that every such company is qualified, experienced and resourceful to participate in tenders within the Capital of UAE. Thus, it is mandatory for such companies to be classified if they intend to bid for government or semi-government projects according to the classified activity.