Comprehensive Guide to Trade License Renewal Process in Dubai 2024
Renewing your trade license in Dubai may appear complex and overwhelming, but with the right information, it can be straightforward. If you’re not familiar with the intricacies of license renewal in Dubai, seeking assistance from professionals can streamline the procedure and ensure prompt acquisition of required documentation.
Nevertheless, if you prefer to process the renewal on your own, this guide will help you get your business license efficiently.
Eligibility
Ensure your existing trade license is valid and active.
Settle any outstanding penalties or fines related to your license.
Preparation:
Gather documents:
- Valid copy of your trade license in Dubai
- Passport copies of all business partners/owners
- Tenancy agreement copy
- BR1 form (updated contact and activity details)
- Additional documents specific to your business activity (check with DED)
Choose your renewal method:
- Online renewal through the DED website (invest.Dubai.ae)
- In-person renewal at DED service centers
Renewal Process
- Online Renewal
- Login to the invest.dubai.ae website.
- Select “Renew a License.”
- Enter your license number or trade name.
- Fill out the online application form.
- Upload required documents.
- Pay the renewal fees online.
- Download and print your renewed license.
In-person Renewal
- Visit a DED service centre.
- Submit the required documents along with the completed BR1 form.
- Pay the renewal fees at the counter.
- Collect your renewed trade license.
Timeline and Fees
- Renewal window: 30 days before your license expiry.
- Fees: Licence Renewal Fees 2024 may vary based on license type, location, and visa allocation. Before beginning the process of renewing your license, you may check with the DED for specific details.
- Processing time: Usually within 1-5 business days.
Additional Tips
- Start early to avoid late fees and potential disruptions.
- Double-check all documents for accuracy and completeness.
- Keep your contact information updated with DED.
- Utilize online resources and the DED helpdesk for assistance.
If you’re not familiar with the legal processes, consider working with professionals from Austria Business Center Licensing Service to make sure you get all the requirements and your license without delay.
Licensing requirements and procedures may change. Always consult the Department of Economic Development (DED) for the latest information. Whether you’re working with professionals like Austria Business Center or your legal team, staying informed about new regulations and policies will ensure a smooth and efficient trade license renewal process in Dubai.