How to renew trade license in Dubai?

To renew your trade license in the United Arab Emirates, follow these steps: –

• Gather all required documents: You will need to provide updated documents and relevant information. Make sure you have all the required documents before you start the renewal process. 

• Submit the renewal application: You can submit your renewal application online through the Department of Economic Development (DED) portal or in person at the DED office. Ensure that you have completed all the necessary fields correctly and accurately. 

• Pay the renewal fee: You will need to pay the renewal fee for your trade license. However, the fee will depend on the type of license and the activities of your business. 

• Wait for approval: Following the processing of your application and payment, the DED will assess it and either approve or deny your request to renew your trade license.

Just because you were granted your Dubai trade license doesn’t mean it will be valid forever. You’ll need to renew the license every year in order to continue legally operating within the UAE.

Approvals

To renew your business license, you’ll need to start by getting the right approvals taken care of. The type of approvals and authorizations needed will depend on what kind of business you are offering.

For example, transportation companies will need approval from Dubai’s Road and Transport Authority in order to renew their business licenses. To speed up the process, get approval before beginning the rest of the renewal process.

Documentation

Aside from written approval for license renewal, businesses needed to gather documentation. The documentation required to renew a trade license in Dubai includes:

• The completed renewal form
• Attested EJARI
• Authorization and approval letters
• A tenancy contract
• Photographs of all business partners
• The payment number for renewal fees

The business owner will have to submit these documents to the DED in order to get approval.

Tenancy Contract

Before applying for a trade license renewal, you’ll want to check your tenancy contract. It should be valid for no less than three months from the date you apply to renew your license.