Guide on Trade License Renewal
With its diverse and competitive business scene, more businesses and entrepreneurs are drawn to Dubai to start their businesses. However, there are certain requirements and paperwork you need to accomplish in order to start your operations.
If you are a bit familiar with the legal processes for trade license renewal, you may opt to get PRO services in Dubai to get settle everything without delay. If you wish to familiarize yourself with the process, you may use the guide below.
Check company status
If you are not sure about the renewal date for your trade license, you may visit the UAE government website to check the status of your license. However, if you have adequate resources, it may be more beneficial for your business to hire the best PRO services. This way, you won’t have to worry about when it’s time to renew your licenses. It will also allow you to focus your time and energy on meeting clients and new investors to grow the business.
Documents and paperwork must be complete
Companies operating in the mainland are required to submit an attested tenancy contract in order to renew their trade license. The contract must be valid for at least one month from the date of your application.
File for renewal application
Submit your BR/1 form and tenancy agreement, along with a photocopy of your trade license and photocopies of the passports for all your business partners. You may submit the required documents in their office or online.
Pay for the application
Once you have submitted the requirements and renewal application, a payment voucher will be sent to you. It’s best to send the payment as soon as you receive the voucher, so you can receive your license sooner.
What are the required documents for the renewal application?
- Attested tenancy agreement
- BR/1 form
- Photocopy of trade license
- Passport photocopies of all business partners
Businesses operating in the Free zone may also be required to provide the following:
- Certificate of Continuity of Existence or Good Standing or Current Trade Licence in case of Branch of Onshore UAE Company
- No Objection Certificate (if applicable)
Whether you need legal services to acquire permits or you need advice in establishing your business in the free zone, Austria Business Center offers a range of business solutions and office for rent Dubai to meet all your business needs. You may also book serviced offices if you need a meeting room Dubai to meet with clients or conduct interviews.