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Step-by-Step Guide to Renewing Your Trade License in Dubai

Trade Licensing in Dubai is a part of DED (Department of Economic Development), which is a well-oiled and organized department allowing for a smooth procedure.<br>Donu2019t let the process scare you, learn how to renew your trade license in Dubai: a step-by-step guide.

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Step-by-Step Guide to Renewing Your Trade License in Dubai

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  1. Step-By-Step Guide To Renewing Your Trade License In Dubai Trade Licensing in Dubai is a part of DED (Department of Economic Development), which is a well-oiled and organized department allowing for a smooth procedure. Don’t let the process scare you, learn how to renew your trade license in Dubai: a step-by- step guide.

  2. TRADE LICENSE RENEWAL: DOCUMENTS REQUIRED You need to have some essential documents at hand to avoid issues and latency in your renewal process. PassportsOur Mision Previous Trade License Copy Valid Tenancy Agreement Ejari Registration certificate BR/1 Form 01 02 03 04 05

  3. HOW TO RENEW THE TRADE LICENSE After the due documentation, follow this process for submission and renewal of your trade license Lease Agreement Gather all your important documents Submission of the application Payment Voucher Complete the payment procedure

  4. COSTS FOR THE RENEWAL OF YOUR TRADE LICENSE The costs of renewing your trade license can depend on a number of factors like the type, size and the location of your business. These costs can overall range from about 5,000 AED to 25,000 AED or more. This may include additional fees for approvals from the governmental authorities. To determine the costs of renewal for your specific business, seek assistance from the concerned authorities or let us assist you here at Dubiz.

  5. CONSEQUENCES OF NOT RENEWING TRADE LICENSE Audits and inspections by the DED (or the pertinent authorities) might result in legal action, penalties and more; these can be: 01 FINANCIAL PENALTIES 02 BLACKLISTING OF YOUR COMPANY 03 TERMINATION OF YOUR COMPANY

  6. GRACE PERIOD ALLOWED TO RENEW TRADE LICENSE IN DUBAI DED offers a 30-day grace period for companies in Dubai mainland to renew their trade licenses. There may be fines in case you fail to renew trade license in the given time, and you should get your license renewed within the given time frame to avoid penalties. For further assistance, consult us here at Dubiz and we will help you renew your trade license seamlessly. We are your ultimate stop for the best assistance service in the market. Best of luck! Here’s to long term success and a prosperous future.

  7. CONTACT US DUBIZ +971 562986853 info@dubiz.co www.dubiz.co DUBIZ CONSULTANCY L.L.C Office Number: 304; Business Bay, Citadel Tower, Dubai

  8. THANK You Dubiz Your Comprehensive Business Solutions Partner

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