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When you establish your business in Dubai you do need to have your business license in Dubai for operating your business smoothly in Dubai, UAE. Similarly and equally you must do your UAE Business license renewal also. So renew your business license in Dubai annually so that it adheres to regulations.
The Department of Economic Development (DED) in Dubai overlooks the trade license renewal process which includes managing and handling all the needed documents.
The process of renewal of a new trade license in Dubai is well-organized by DED, emphasizing time and efficiency.
Here are the four types of trade license renewal in Dubai, UAE that we give out.
A commercial license gives authority to the company to trade, export, or import products and permits you to sell your services within the UAE.
Documents needed for doing your UAE Business license renewal in Dubai
Here are the documents that are required for your commercial license renewal in Dubai
Existing or original copy of the existing trade license
Approval from the specified authority, if required
Copy of lease agreement for the office space
Details of all the accommodation arrangements for employees in companies along with foreign shareholders
If you have expertise in any particular field such as in technology, accounting, or healthcare then you would require a professional license.
Documents that are needed for your professional License renewal
Here are the documents that are required for your professional license renewal in Dubai:
Application for the professional license
No objection certificate (NOC)
Copies of the passports of the directors of the company and shareholders
Business reservation certificate
A copy of your visa transit visa or tourist visa
Initial approvals from the specified authorities
Memorandum of Association (MOA)
With a general trade license, you can open multiple business activities and gain entrance to global markets.
Documents that are needed for your professional License renewal
Here are the documents that are required for your professional license renewal in Dubai:
Tenancy contract with validity
Ejari registration
BR/1 form
Copy of your trade license
Photocopy of the passports of all your business partners
The industrial license in Dubai permits you to process, manufacture, and do industrial activities in the Emirates.
Documents that are needed for your Dubai Industrial License renewal
Business owners should submit all these documents that are required for your Industrial license renewal in Dubai:
Complete application form
Passport copies of managers and shareholders
No objection certificate (NOC) from the sponsor
Copy of the company trade license
Complete business plan
Ownership document and lease agreement of industrial facility
Environment impact assessment report (if required)
The process of getting your UAE Business license renewal is as follows:
Make sure that your tenancy contract is valid for more than a month before moving on with the renewal process. Any invalid contract might result in the inability to renew your trade license.
Finish your BR/1 form along with all the needed documents. Submit your application to the Department of Economic Development (DED) in Dubai. The DED will analyze your application and will do the mandatory checks.
After your application gets verified, the DED will give you a payment voucher. This voucher showcases the amount that needs to be paid for renewal fees.
Further you need to process the payments as shown on the payment voucher. Once all the payments have been made successfully then your registration process will be confirmed and your trade license will get renewed.
Here are all the consequences you might face if you don’t renew your business license as follows:
We Arab Business Consultant hold deep local knowledge, firm government relationships, customized solutions, effective communication, cost efficiency, cultural compatibility, a well-proven track record, complete support, and service. So it is always beneficial to get your UAE Business license renewal to be done by an expert hand.