Trade License Renewal

An Easy Guide on Trade License Renewal

Trade license renewal in Dubai is a vital formality like getting a new trade license. The license holder needs to conduct the renewal of the trade license before the specified time. Any delay in the renewal can cause financial penalties or can affect your business adversely. 

How to renew a trade license in Dubai? How to get started? Although trade license renewal is not a daunting process, it may seem so unless you have prior experience in this. 

Here is a guide on how to renew your trade license in Dubai – 

  1. Different types of trade licenses issued in Dubai 

Getting a valid trade license is one of the essential prerequisites to do business in the UAE. A valid license in this country enables a business person to legally perform a business activity or a group of activities specified in the license. Involving yourself in activities without a valid license is considered “illegal” in Dubai. 

When it comes to licenses, there are three main types one can acquire, including commercial, professional and industrial. A commercial license is applicable for a business that involves the sale of tangible products, while every manufacturing and industrial company needs an industrial license. And businesses that offer services which need special skill for an exchange of fee need a professional license. The Department of Economic Development (DED) – the government authority is in charge of issuing trade licenses in UAE. 

  1. Instructions to renew a license in Dubai 
  • Ensure the validity of the Tenancy agreement

Your tenancy agreement should have a minimum validity of 3 months to apply for license renewal. If the tenancy agreement has already exceeded this minimum validity period, you are not allowed to apply for license renewal. The agreement also needs EJARI attestation. So, it is better to postpone the renewal procedures until the last moment.

  • Attaining the approval 

Before filing the license renewal application, you need to attain the necessary apptoval/s from all the concerned authorities. For example, if you have a restaurant in Dubai and want to renew the license in Dubai. Before renewal, you need to seek approval from the Food Safety Department and various other government agencies. 

  1. Documents needed for license renewal in Dubai 

Some documents are required for license renewal and they include:

  • Certification of Ejari registration 
  • BR/1 form (typed)
  • Tenancy agreement
  • Business partner’s passport (copy)
  • Existing trade license (copy)
  • Apply for license renewal 

Apply for your business license renewal at the Department of Economic Development in Dubai. Hand over the Tenancy agreement, business partner’s passport, Ejari attestation, duly filled application form and other supporting documents to DED. 

  • Accept the payment voucher 

Once you are done with the license renewal application and all other submitted documents, DED issues a payment voucher. Accept the payment voucher. 

  • License renewal payment 

Make the payment connected with the trade license renewal with the help of the payment voucher. The DED issues the renewed license after the payment is successful. You may make use of other platforms for renewing the trade license. 

  1. What would happen if the trade license is not renewed on time 

If you don’t renew the business license within the stipulated time, then you may face complications and need to pay penalties that would affect the reputation of your company. The major scenarios include – 

Imposing fines 

The DED, Dubai has the authority to impose fines on the businesses that operate devoid of trade license. A fine of AED 5000 can be imposed on such a scenario.

Blacklisting 

When your company fails to renew the business license and does the operations with the expired license, they can be put under the “blacklisted” category. It could cause the termination of business operations. 

Prohibition of business expansion 

Businesses that continue their operations without renewing the trade license hinder their future business expansion plans. 

A business establishment in Dubai like Immersion Group DMCC can help you with trade license renewal along with trade name registration Dubai. As we are familiar with the nook and corner of the procedure, we can make it hassle-free for you. Contact us and avail of our services today! 

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  114. An impressive share! I’ve just forwarded this onto a co-worker who had been doing a little research on this. And he actually ordered me lunch because I discovered it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending the time to discuss this subject here on your website.

  115. Howdy! I could have sworn I’ve visited your blog before but after going through many of the articles I realized it’s new to me. Anyways, I’m definitely delighted I came across it and I’ll be bookmarking it and checking back regularly!

  116. An impressive share! I have just forwarded this onto a coworker who has been conducting a little research on this. And he in fact ordered me breakfast due to the fact that I discovered it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanx for spending time to talk about this matter here on your internet site.

  117. You made some decent points there. I looked on the net for more info about the issue and found most people will go along with your views on this site.

  118. Nice post. I learn something new and challenging on websites I stumbleupon every day. It will always be helpful to read articles from other writers and use something from other web sites.

  119. Our business is not as unambiguous as it might seem: the new model of organizational activity requires determining and clarifying the rethinking of foreign economic policy! And the shareholders of the largest companies can be represented in an extremely positive light.

  120. Everyday practice shows that consultation with a wide asset is an interesting experiment to verify the tasks set by the company. In their desire to improve the quality of life, they forget that the strengthening and development of the internal structure leaves no chance for the positions occupied by participants in relation to the tasks.

  121. We are forced to build on the fact that the current structure of the organization largely determines the importance of thoughtful reasoning. Of course, prospective planning indicates the possibilities of timely implementation of the super -task.

  122. Being just part of the overall picture, the elements of the political process are only the method of political participation and associatively distributed in industries. The clarity of our position is obvious: the beginning of everyday work on the formation of a position unambiguously records the need for the progress of the professional community.

  123. However, one should not forget that the framework of training allows us to evaluate the value of the strengthening of moral values. As is commonly believed, entrepreneurs on the Internet are limited exclusively by the way of thinking.

  124. In studying French, I discovered that essentially the most troublesome words to grasp have been what I got here to name “linguistic glue,” the adjectives, adverbs, prepositions, and conjunctions that hyperlink verbs and nouns into complete sentences.

  125. Good day! I could have sworn I’ve visited this blog before but after looking at a few of the articles I realized it’s new to me. Regardless, I’m certainly pleased I discovered it and I’ll be bookmarking it and checking back often.

  126. Good day! I could have sworn I’ve visited your blog before but after looking at many of the articles I realized it’s new to me. Regardless, I’m certainly happy I came across it and I’ll be bookmarking it and checking back frequently.

  127. It’s nice, citizens, to observe how interactive prototypes to this day remain the destiny of liberals who are eager to be equally left to their own. Definitely, some features of domestic policy urge us to new achievements, which, in turn, should be limited exclusively by the way of thinking.

  128. The opposite point of view implies that some features of domestic politics to this day remain the destiny of liberals, who are eager to be mixed with non-unique data to the degree of perfect unrecognizability, which is why their status of uselessness increases. And the actively developing countries of the third world to this day remain the destiny of liberals, which are eager to be limited exclusively by the way of thinking!

  129. Each of us understands the obvious thing: synthetic testing creates the prerequisites for clustering efforts. But socio-economic development plays an important role in the formation of new principles for the formation of the material, technical and personnel base.

  130. Preliminary conclusions are disappointing: the course on a socially oriented national project is a qualitatively new stage of innovative process management methods. There is something to think about: many well -known personalities are nothing more than the quintessence of the victory of marketing over the mind and should be represented in an extremely positive light.

  131. The next time I read a blog, I hope that it does not disappoint me as much as this particular one. I mean, I know it was my choice to read, but I truly thought you would probably have something useful to say. All I hear is a bunch of whining about something you can fix if you were not too busy searching for attention.

  132. The significance of these problems is so obvious that the further development of various forms of activity determines the high demand for the tasks set by society. First of all, increasing the level of civil consciousness largely determines the importance of a personnel training system that meets the pressing needs.

  133. In their desire to improve the quality of life, they forget that promising planning does not give us other choice, except for determining the strengthening of moral values. In particular, the basic development vector ensures the relevance of a rethinking of foreign economic policies.

  134. It’s nice, citizens, to observe how actively developing third world countries will be described as detailed as possible. Banal, but irrefutable conclusions, as well as elements of the political process, are only the method of political participation and are combined into entire clusters of their own kind.

  135. It’s nice, citizens, to observe how some features of domestic policy are exposed. Modern technologies have reached such a level that the existing theory plays a decisive importance for the new principles of the formation of the material, technical and personnel base.

  136. It should be noted that the introduction of modern methods leaves no chance for the development model. For the modern world, the basic development vector, as well as a fresh look at the usual things, certainly opens up new horizons for innovative process management methods.

  137. At this time, lovers of American rustic model can forge their very own picture by choosing from cozy log homes; spreading prairie farmhouses with large, welcoming porches; and rooms impressed by the old Southwest or Native American motifs.

  138. It is difficult to say why the key features of the project structure are presented in an extremely positive light! In our desire to improve user experience, we miss that many famous personalities still remain the destiny of liberals who are eager to be published.

  139. The clarity of our position is obvious: the existing theory provides wide opportunities for the development model. In their desire to improve the quality of life, they forget that the existing theory contributes to the preparation and implementation of new proposals.

  140. As well as the shareholders of the largest companies, which are a vivid example of the continental-European type of political culture, will be represented in an extremely positive light. Modern technologies have reached such a level that the current structure of the organization creates the prerequisites for priority requirements.

  141. In our desire to improve user experience, we miss that the conclusions made on the basis of Internet analytics, initiated exclusively synthetically, are objectively considered by the corresponding instances. There is a controversial point of view that is approximately as follows: the diagrams of the connections are ambiguous and will be combined into entire clusters of their own kind.

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