Renewing a business license in Dubai can be an easy task with the help of PRO services in Dubai. In order to set up business in Dubai, it is compulsory to obtain a trade license from the Department of Economic Development (DED) authority. Any business activity in this city is considered illegal if it is conducted without a trading license.
Trading license acts as a legal license that allows a business to indulge in activities that are mentioned in it. However, there are certain businesses that require special permission from various departments and ministries of the government.
Now let us learn the procedure of trade license renewal in Dubai.
Trade License Renewal in Dubai
Types of Licenses
The business services in Dubai are divided into 3 trade license categories. They are:
- Commercial license – It is required for conducting all trading activities in Dubai
- Professional license – It is required by professionals, craftsman, tax advisors and business consultants providing services in Dubai
- Industrial license – It is required for carrying out manufacturing practice in Dubai
Documents Required
The following documents are required for trade license renewal:
- A copy of the current business trade license
- Passport copy of all business partners
- A typed BR/1 form
- Ejari Registration Certificate and a photocopy of Tenancy Contract
Procedure for Renewal of Trade License in Dubai
The steps to renew trade license in Dubai are as follows:
Step 1:
A trade license cannot be applied for if the tenancy contract does not have a validity of at least 1 month. Therefore, for license renewal, the firm needs to ensure that the attested tenancy contract by the Ejari has a validity of 1 month.
Step 2:
The license renewal authority in Dubai is the Department of Economic Development (DED). Hence, all the necessary documents required for renewal needs to be submitted to them. You can apply to the DED by taking assistance from IMC group for smooth and hassle-free experience.
Step 3:
After the submission of application, DED issues a payment voucher, which needs to be paid for. After making the payment, the respective authorities grant the renewed license.
How Can We Help?
The DED has provided 3 ways to renew trade license i.e. online, offline and automatic route. Inspite of many efforts by DED to ease up the process of trade license renewal, it is a very cumbersome process for the entrepreneurs. This is where we come in the picture. IMC Group has the expertise and experience to help you with the process of trade license renewal in Dubai.
Our services allow entrepreneurs to focus on the core areas of their business. Whereas, we ensure smooth trade license renewal for their business at a nominal fee. For any information or query, you can reach us via call or email.
