Trade License

Trade License Renewal

Let's First Learn Some Fundamentals Concerning Trade License Renewal Before Delving Deeper Into How To Renew The Trade License In Dubai. In Dubai, Renewing A Trade License Is A Necessary Formality, Just Like Getting A New One. Before The Allotted Time Period, The License Holder Must Renew The Trade License. Any Failure To Renew Could Result In Fees Or Possibly Have A Negative Impact On The Business As A Whole. How May A Trade License In Dubai Be Renewed? The Majority Of Dubai Residents Are Unaware Of This. This Blog Clarifies The Requirements For Renewing A Trade License. Read The Instructions, And If You Have Any Questions, Don't Hesitate To Get In Touch With ALBAHAA Business Advisors As Soon As Possible. ALBAHAA Assists Investors And Companies With All Aspects Of Business Formation In Dubai And The United Arab Emirates. We Are Experts In Both New Business License Applications And License Renewals.

Different Types Of Trade Licenses Issued In Dubai

One Of The Fundamental Requirements To Conduct Business In Dubai/UAE Is To Have A Current Trade License. An Entrepreneur In Dubai With A Valid Trade License Is Able To Lawfully Carry Out One Or More Of The Activities Listed In The License. In The UAE, Engaging In Any Kind Of Operation Without A Current Trade License Is Regarded As "Illegal". In Dubai, Trade Permits Are Often Issued In One Of Three Ways. And Here Is A List Of Them

Commercial License (Issued In Connection With Trading)
Professional License (Service-Oriented Activities)
Industrial License (Issued In Connection With Industrial Activities Or Production)

The Government Agency Responsible For Providing Trade Permits In Dubai Is Called The Department Of Economic Development (Ded). From January Till The Middle Of 2019, The Ded In Dubai Issued Almost 15000 Company Licenses. Professional Licenses Made Up A Sizable Portion Of The New Trade Licenses. Go Here For Additional Information About The Various Licenses Offered In Dubai.

Instructions To Renew The Trade License In Dubai

Verify The Tenancy Agreement's Legitimacy

A Minimum Of Three Months Must Have Passed Since The End Of Your Lease Before You May Apply For A License Renewal. If The Lease Agreement Has Already Been In Effect For Longer Than This Minimum Validity Time, You Are Not Eligible To Apply For License Renewal. Ejari Attestation Is Also Required By The Tenancy Agreement. Thus, Delaying The Renewal Processes Until The Very Last Minute Is Not Advised

Attaining The Approval

You Must Obtain The Appropriate Approvals From All Relevant Authorities Before Submitting The License Renewal Application. Let's Take A Look At The Dubai Restaurant License Renewal. A Restaurant Must Obtain Approval From The Food Safety Department And Numerous Other Governmental Organizations Before Renewing.

Documents Required For Renewing A Dubai Business License

Certificate Of Ejari Registration
Tenancy Agreement
Br/1 Form (Typed)
Business Partner’s Passport. (Copy)
Existing Trade License (Copy)

Apply For License Renewal

Visit The Department Of Economic Development In Dubai To Renew Your License. Provide The Ejari Attestation, The Passport Of The Business Partner, The Completed Application Form, And All Other Supporting Documents To DED

Accept The Payment Voucher

DED Issues A Payment Voucher After Confirming The License Renewal Application And Any Other Supplied Papers. Accept The Voucher For Payment.

License Renewal Payment

Use The Payment Voucher To Make The Payment Related To The Renewal Of Your Business License. Following The Successful Completion Of The Payment, The DED Issues The Renewal License. For The Purpose Of Renewing Your Trade License, You May Use Additional Platforms, Such As Authorized Service Locations Or Mobile Applications.

There Are Three Options For A Business Facility In Dubai To Renew Their Trade License. The First Way Is An Offline One, And The Second Is To Pursue A Renewal Using An Internet Platform. The Automatic Renewal Process Is The Third.

An Average Entrepreneur May Find The Paperwork And Application Process For License Renewal To Be Challenging. It Is Essential To Complete The Formalities Well In Advance Of The Allotted Time Because The Process Is Absolutely Time-Bound. Hence, It Is Always A Wise Decision To Delegate The Work Of Renewing A Trade License To A Qualified And Authorized Business Establishment Agent. Contact An ALBAHAA Document Clearing Services Agent For Information On Obtaining And Renewing A Trade License In Dubai

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