Applying for a general trading business license has many advantages. For example, it is tax-free, which means that you won’t need to pay any taxes on profits or income. It also gives you a variety of possibilities in terms of how you want to manage your business, whether locally, nationally, or internationally. A general trading license also benefits its holder as it allows them to apply for multiple visas for their employees and dependants. Finally, with a general trading license you can repatriate 100% of the capital as well as your profit, with no need for a bank deposit.