How you can Renew a Trade License in Dubai

Renew a trade license in Dubai: what does this statement say? Any business incorporated in Dubai needs a trade license. It expires after a certain period which has to be renewed annually.

Business owners can not continue doing their business after its expiry date. So they have to renew it as early as possible. Read this blog to get in-depth knowledge to renew a trade license in Dubai.

Back to top

How to Renew Trade License in Dubai?

Trade license renewal in Dubai is a mandatory process annually, which can be done in a three-step simple process :

   1) Tenancy Contract and its Validity

A tenancy contract is the most important piece of information when you think of renewing your trade license in Dubai. So, before trying to renew the trade license, it is mandatory to check the validity of the tenancy contract.

   2) Get Activity-Specific Licensing Approvals

Before starting your business setup in Dubai, you should think of the activities you wish to be involved in. The license is completely based on the activity because, for specific businesses, you need to take additional authority.

For instance, if your business is based on road transportation like taxi services, then it's mandatory for you to get it approved by the Road and Transport Authority of Dubai.

To make it more specific, if your business is listed among the below services, it's mandatory for you to obtain a license from the Transport Authority of Dubai (RTA).

• Car Rental (711105)
• Taxi Services (602201)
• In-Bound Tour Operator (630412​)
• Out Bound Tour Operator (630411)
• Luxury Motor Vehicles Services (602207)
• Non-emergency transport services (602209​)

  3) Apply for License Renewal

The final step is to apply for Dubai trade license renewal. It can be done 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 with making the payment. After the payment is made, you will immediately receive your renewed business license.

Another option is to renew trade license online in Dubai. You will find the clear process on the DED official website.

Back to top

Documents required to Renew a Trade License in Dubai

Here are certain points to be noted when doing trade license renewal in Dubai:

• Ejari/Rental Agreement Registration

The rental agreement is the mandatory document to renew your trade license in Dubai. The agreement needs to be approved by Ejari.

• A Valid Tenancy Contract

A tenancy contract that has been approved by Ejari should have a validity of one month or more. If your tenancy contract does not meet the required validity, the trade license renewal request can be rejected.

• Copy of Old Trade License

You need to attach a copy of your old trade license along with the renewal request.

• BR/1 Form

This form is a mandatory form to be filled out to start the process of renewal of trade license in Dubai. BR/1 should have the signatures of all the existing partners before submitting it to the Department of Economic Development (DED).

• Copy of Passports of all the Shareholders

It's mandatory to submit the passport copies of all the shareholders to show them the involvement of all the members. If you don't have any shareholders, submit yours.

With all the above documents, you can renew your trade license in Dubai by submitting them to the Department of Economic Development (DED)

Back to top

Types of Trade License in Dubai

The three major types of licenses are the following;

• Dubai Commercial License
• Professional License and
• Industrial License in Dubai

All the licenses mentioned above have a validity of one year. It has to be renewed annually.

Back to top

Ensure timely Dubai Trade License Renewal to avoid these consequences

Unfortunately, the deadline for renewal can be a fatal mistake for a business, which is why the DED Dubai has launched Auto-Renewal Service.

The client can pay online or offline through legitimate payment channels. In addition, DED will carry a print of the renewed license to the customer through SMS and a registered email address.

Back to top

Why Choose Commitbiz?

Commitbiz, with 16 years of excellence, still continues to serve with world-class management advisory services to enterprises in the private, government, non-government, academic sectors, etc. It has the strategy to solve all the complex issues and serious challenges that entrepreneurs face during their business setup process in the UAE.

Contact us now and book a free consultation.

Back to top