- January 9, 2019
- Posted by: MSZ Consultant
- Category: Business Setup, License in Dubai, United Arab Emirates
Trade License Renewal Dubai
Trade license renewal Dubai – If you want to start a business in Dubai then you need to get approval from relevant authorities by getting business license.
After receiving the business license, you can easily start business in Dubai. But these licenses are issued for specific time period according to the type of business.
It is mandatory for businesses to renew your license before expiry date of the business license to continue business activity in Dubai. Otherwise, you will have to pay AED 200 monthly fine after expiry date.
The DED in Dubai has provided three ways to renew the trade license either by following offline procedure, online procedure or automatic renewal system.
What are the required documents for trade license renewal in Dubai?
- A typed BR/1 form
- Ejari Registration Certificate
- Photocopy of Tenancy Contract
- Photocopy of the current business trade license
- Passport photocopies of all the business partners
Note: An important condition required for renewal of business license is the tenancy contract of the company. It is compulsory for having a valid tenancy contract.
How to renew a trade license in Dubai?
Following is an important step for trade license renewal in Dubai:
Ensure the validity of your tenancy contract before applying for renewal of business license. The tenancy contract should have validity of at least 1 month and it should be attested by Ejari.
Collect all required documents and apply for license renewal at the DED. You can apply for renewal of trade license through different mediums such as e-services, mobile application, authorized law firms, and authorized service centers.
Note: The Department of Economic Development (DED) is the main authority for the process of trade license renewal. In case of specific type of business activity, traders also require approval from other authorities.
For an example:
- Ministry of Health for setting up private clinics
- Road & Transport Authority approval for taxi service company and car rental
- Food Safety Department for a restaurant
You have to pay your renewal fee for business license after submitting the application along with required documents.
After payment of the due fee, you will be able to receive renewed business license from relevant authority.
Though the license renewal process may seem easy, but the process will be different and more complicated if there has been any change to the business such as change of locations, change of trade name, change of business activity, etc.
We at MSZ Consultancy, we will ensure timely and accurate completion of the entire process for renewal of your trade license at very low cost. Contact us: +971589827842 or drop us a line at email@example.com