Renew Trade License in Dubai
Every company established in Dubai, Abu Dhabi, Sharjah or anywhere in UAE is required to renew their Trade License annually. The licenses are the legal document that allows companies to engage in the activities specified within the company documentation in the UAE and in accordance with the regulatory requirements. When the question arises on how to renew a trade license in Dubai, ACT can take care of your worries, so you can concentrate on your core business.
Choosing from the several online and offline portals of the DED, a company can have its license renewed in three simple steps. ACT provides companies with start to finish handling of all their renewal. Using ACT for your renewal ensures that the procedure is carried out correctly and in a timely manner.
Documents Required for License Renewal in Dubai:
- Tenancy Contract & Ejari
- Typed DED Renewal Form
- Passport Copies of all Partners in the Business
EVERYTHING YOU NEED TO KNOW ABOUT TRADE LICENSE RENEWAL IN DUBAI
First, companies must ensure their tenancy contracts are valid for a period of not less than one month from the application date. Companies must process the renewal of their tenancy contract prior to submitting their Commercial License renewal application at the DED.
Second, submitting an application with all required documents. ACT, on behalf of your company, handles all the document submission at DED service centres. Working with us ensures that the documents submitted are correct and saves the valuable time of company employees that may have to spend long hours in the queue.
Third & final step for trade license renewal in Dubai is to receive payment voucher and make payment of fees. ACT facilitates the payment of the fees at the service centres on behalf of the company. If all the right documentation is provided, the payment voucher will be received within 3-4 days by ACT. If office space is shared between 2 or more companies, the payment voucher can take up to 5-7 days.
As soon as the payment is made, the renewed license will be printed and made available to you.
RENEW TRADE LICENSE ONLINE
DED has recently launched online portals where companies can renew trade licenses online; however, this requires the company’s owners to setup accounts prior to the renewal. The online account may only be created by the owners of the company at DED, by submitting personal documentation. The portal also allows owners to make an online payment, but it must be noted that the registered payment account must be under the name of the owner of the online portal/ company.
The above-mentioned procedure is for a simple renewal, if you are looking at renewing your license under a new sponsor or new tenancy, the process is different. Head to our Free Sponsorship page to learn how you can change sponsors, and save on sponsorship while outsourcing your PRO to us.