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Guide To Renewing Your Trade License In Dubai: All You Need To Know

When establishing a business in the UAE, acquiring a trade license is imperative, and annual renewal is essential for the continuous operation of your company. In Dubai, businesses are required to renew their trade licenses annually to adhere to regulatory standards. 

The Department of Economic Development (DED) in Dubai oversees the trade license renewal process, ensuring efficient handling of the necessary documentation. Understanding the various types of trade licenses available in Dubai is crucial before initiating the renewal process.

It’s noteworthy that a trade license only authorizes specific trade activities and does not confer ownership rights over any associated property. Collaborating with local business setup consultants can alleviate the stress of navigating the trade license renewal process in Dubai.

Failure to renew a trade license promptly can result in penalties, suspension of the business license, or cessation of business activities.

If you opt to manage the process independently, here is a comprehensive guide to the Dubai trade license renewal process:

Documents Required for DED Trade License Renewal in Dubai

When renewing your trade license in Dubai, you must prepare the following documents:

  1. Ejari Registration: Obtain a registration certificate from Ejari confirming your tenancy contract. Failure to possess a valid Ejari certificate may lead to fines.
  2. Valid Tenancy Contract: Ensure your tenancy contract is valid for at least one month or more to qualify for trade license renewal. The contract should be verified and approved by Ejari.
  3. Copy of the Previous Trade License: Include a copy of your previous trade license to demonstrate your authorization to conduct business activities in the UAE.
  4. BR/1 Form: Complete and sign the BR/1 form, the license renewal form. All existing partners must sign this form. Attach all required documents to this form before submission.
  5. Photocopies of Passports for all Business Partners: Provide photocopies of the passports of all partners involved in your business. For sole proprietors, submit a photocopy of your passport.

Upon gathering these documents, submit your renewal form to the Department of Economic Development (DED). The renewal process can be conducted online or offline, depending on your preference. Regulatory procedures and assessments are conducted by relevant governing bodies in Dubai, regardless of the application method chosen.

For free zone businesses in Dubai, additional documents may be required alongside the general trade license renewal requirements. These may include:

– No Objection Certificate (NOC): Some free zones may necessitate an NOC from the relevant authority or sponsor for trade license renewal.

– Certificate of Continuity of Existence or Good Standing: Free zones might request a certificate verifying compliance with regulations and active status.

– Current Trade License (for Branches of Onshore UAE Companies): Branches of onshore UAE companies in free zones may need to provide the parent company’s current trade license during renewal.

Cost Of Trade License Renewal In Dubai

The cost of renewing a trade license in Dubai varies based on jurisdiction and economic zone. Typically, the renewal fee ranges from AED 8,000 to AED 15,000. However, these figures are approximate and subject to change based on specific requirements and business activities.

Renewing your trade license in Dubai is now more convenient with the assistance of Aura Vision Advisors. Our team of business setup consultants ensures a seamless renewal process, handling all necessary documents and paperwork. From obtaining approvals to offering comprehensive support, we manage every aspect, allowing you to focus on business growth.

For further information and assistance on trade license renewal in Dubai, reach out to Aura Vision Advisors today. Contact us at +971555992142 Alternatively, email us at info@aurabusnessol.com.