When you decide to start a business in Dubai, one of the requirements is having a trade license. Every company in Dubai is required to renew their license annually. The process of renewing the trade license is simple and straight-forward and has a quick turnaround time for the business owners. The value of the time, energy, is a priority for the Department of Economic Development (DED), Dubai. However, let us first understand the types of trade licenses in Dubai.
Types of Trade License in Dubai
There are three focal types of business licenses in Dubai through which one can start their business. They are-
- Commercial License
- Professional License
- Industrial License
If you have any of the licenses mentioned above, then you have to renew them annually.
3 Simple Steps to Renew Trade License in Dubai
To renew your trade license, follow these steps.
- Ensure Validity Tenancy Contract
It is essential to check whether your tenancy contract is valid for not less than three months from the application date. Because at the time of renewing your trade license, the tenancy contract must be valid. If you need to renew your tenancy contract, make sure that it is attested by the Real Estate Regulatory Authority (Ejari)
- Get Activity-Specific Licensing Approvals
If you are starting your business in Dubai, there are a few activities for which you need approval from additional authorities. For example, a taxi service business needs approval from the Road and Transport Authority of Dubai; a restaurant needs consent from the Food and Safety Department, etc. It is vital to make sure you get these approvals before proceeding for the application. If your business is among those listed under, then you need to acquire RTA’s permission.
- Taxi Services (602201)
- Luxury Motor Vehicles Services (602207)
- Car Rental (711105)
- Non-emergency transport services (602209)
- Out Bound Tour Operator (630411)
- In Bound Tour Operator (630412)
- Apply for License Renewal
The final step is to apply for the license renewal by filling in the application form and submitting the required documents to the DED Dubai. Once you apply, the DED will allot you a payment voucher. After you receive the coupon, proceed to the payment. You will immediately receive your renewed business license after you make the payment.
- A copy of the existing business trade license
- Passport copy of all shareholders
- A duly filled BR/1 form
- Photocopy of Tenancy Contract and an Ejari Registration Certificate
For branches of the free zone, UAE Company, GCC, and foreign companies, a photocopy of the trade license of the parent company are mandatory. The permit must be renewed in advance of its expiry date, or you will have to pay AED 200 monthly fine after the expiry date.
To provide a high standard of customer services, DED Dubai has launched the Auto-Renewal Service. You can send an SMS with your license number to 6969. Renewal dues will be generated automatically, and a payment receipt will be sent to your mobile number. The client can pay online or offline through legitimate payment channels. DED will carry a print of the renewed license to the customer through SMS and registered email address.
How can Commitbiz Help You?
The DED has provided three ways to renew your trade license, i.e., online, offline, and automatic route. In spite of so many efforts by DED to ease up the procedure of renewing trade license, it is a very burdensome process for the entrepreneurs. To make the procedure hassle-free for you is where we come into the picture. We at Commitbiz has the knowledge and experience to help you with the process of business license renewal in Dubai.
Our services allow businesspersons to focus on the core areas of their industry. Whereas, we make sure smooth trade license renewal for their company at a nominal fee. For any information or query, you can reach us here.