There are some features of trading specific goods. For example, the trade in pharmaceuticals, frozen foods, and precious metals requires special attention. They require additional licenses and permits, as well as strict compliance with storage, occupational health and safety regulations. For example, pharmaceutical products require certificates of quality and compliance with international standards, and for frozen products, special refrigerating chambers are required to maintain the required temperature. Trading in precious metals requires the availability of appropriate certificates and compliance with the rules of their storage and transportation. Failure to comply with these requirements can result in serious fines and business suspension.

The main advantage of a general trade license is the ability to select a wide range of products from different niches. These can be consumer goods, electronics, building materials, etc. However, you need to be prepared for more thorough checks from government agencies and from local banks when opening an account. Plus, you need to pay an additional fee to government agencies for this license. We recommend that you check with your business setup consultant for up-to-date information about the fee amount.