TRADE LICENSE RENEWAL IN DUBAI
Upon starting you business in the UAE, one of the important part is to obtain a business license. The most employed and required type of permit is the commercial or trade one. It designates all the major activities that you can carry out. The renewal & trade license cancellation in Dubai requires expert knowledge.
Approving Authorities
For any entity which is established or going through liquidation process has to go through stress filled steps in order to get the legal work done regarding their licenses. Dubai Chamber of Commerce and DED (Department of Economic Development) controls all of the procedures related to trade license in Dubai.
However, for some business categories, the licensing necessitates approval from authorities and certain ministries such as financial institutions and banks, insurance companies, Central Bank, Economy and Commerce ministry. Manufacturing businesses require the special consent from the Ministry of Industry and Finance, whereas, medical and pharmaceutical products need approval from the Ministry of Health. If you find yourself in oil or gas production, there are several other authorities from whom you need approvals for cancellation and trade license renewal in Dubai. Some major activities such as insurance and jewelryf setups require a financial guarantee which is issued by a bank already operating in UAE.
Types of Trade Licenses in Dubai
- Commercial:
This will cover your trading activities
- Professional:
Artists and craftsmen apply for this type and get registered
- Industrial:
For manufacturing activities and industrial working
Some special licenses such as Entrepreneurial Business License, Business Operation Permit, etc are also issued by the authorities with specific criteria.
Process of Trade License Renewal in Dubai
Process #1
- At any Tas’heel Centre, the documents can be submitted to DED counters.
- The payment is provided to the cashier in the form of cash to receive your license on spot.
You can also pay the fees later through bank account or credit card for trade license renewal in Dubai.
Timings of Tas’heel Centre: Saturday to Thursday 7:30am to 7:00pm
Process #2
- Make Your ID
You can create a new account for your company in DED website. Submit the required information to get your new user name and password. You will get an authorization form at the bottom of the page. Print it, fill the information, sign and put seal for verification and submit at the DED Business Village branch or Dubai Mall branch. Don’t forget to attach the partners list, license copy to get authorization.
- Activated Account at DED Website
Your ID will be generated and you can manage your transaction for renewal and other requirements. Once you get the EJARO, it will be automatically linked with the system of license renewal. When you click the option of RENEW, it will navigate you to staff information and EJARI details. Upon clicking CONTINUE, you will receive a payment voucher. To submit the fee you can use your credit card or direct debit account or submit cash at DED branches.
There are several offline and online portals available by the DED. We at PRO Desk, strive to provide pro services in Dubai from start to finish for the trade license renewal in Dubai. Contact us for hassle free offers.
Documents for Trade License Renewal in Dubai
Hiring our company will ensure that all the papers required by various authorities are submitted on time without any error which can save your time and efforts of standing in long queues.
- BR/1 – Completed Typed form
- Trade License Copy
- Tenancy Contract Copy and Certificate of EJARI Registration.
Make sure that your tenancy contract has minimum one month validity.
Each and every company conducting their activities in the UAE is required to apply for trade license renewal in Dubai annually.
