How to renew a trade license in Dubai

Some people wonder how to renew a commercial license in Dubai, which requires submitting an application to the competent authority, which is the Department of Economic Development (DED) in Dubai. It is preferable that the application for renewal be submitted well before the expiration of the current license, in order to avoid any delay or interruption in work.

The first important step is to prepare the necessary documents to renew the license, which may include a copy of the current office lease contract, a copy of the current license, passports and residence permits for shareholders and directors, and the company’s financial account certificate. The documents required may vary based on the type of company and business activity you undertake.

Then you must pay the fees required to renew the license, and the exact amount and acceptable payment methods must be verified with the Department of Economic Development. The fees must be paid on time to avoid any delay in renewing the license. In the following lines, we will discuss how to renew a commercial license in Dubai, the types of commercial licenses in Dubai, and the destinations for obtaining commercial licenses in Dubai.

How to renew a trade license in Dubai

Renewing a business license in Dubai requires following specific procedures. Below are basic steps to renew a business license in Dubai:

• Preparation and gathering documents: Before applying for license renewal, you must ensure that you have collected all the required documents. These documents usually include a copy of the current business licence, passports and residency of shareholders and directors, the current lease agreement for the office or headquarters of the company, and the company’s financial account certificate. The documents required may vary based on the type of company and business activity you undertake.
• Payment of fees: The fees required to renew the license must be paid. You can check the exact amount and accepted payment methods by visiting the Dubai Department of Economic Development (DED) website or inquiring through your legal agent or local business services company.
• Submitting the application to the Department of Economic Development (DED): After preparing the required documents and paying the fees, the application must be submitted to the Department of Economic Development (DED) in Dubai. The application can be submitted online or in person at a designated DED office.
• Application and Document Review: After submitting the application, the submitted documents will be reviewed and verified. An on-site inspection or company evaluation may be required before renewal procedures can be completed.
• Issuance of the renewed license: Upon approval of the renewal application, the renewed trade license will be issued and delivered to you. You should check that the information on the license is correct and ensure that any necessary details are up to date.

Renewing the trade license in Dubai is considered an important process for the continuity of the company’s activity. It may be beneficial to work with a specialized company such as “Itqan” that provides support and advice in this process to ensure its smooth implementation in accordance with legal and administrative requirements.

Commercial license in Dubai

A Dubai trade license is a legal document issued by the Department of Economic Development (DED) in Dubai, allowing companies to conduct business activity in the city. A trade license is an essential key to establishing and operating a business in Dubai and is of great importance for local and international companies.

There are several types of business licenses in Dubai, and they differ according to the type of company and business activity carried out. Here are some common types of business licenses in Dubai:

1. Commercial Trade License: Allows companies to engage in general commercial activity without specific restrictions.
2. Professional Trade License: Issued to individuals who practice a specific profession, such as doctors, lawyers, engineers, consultants, designers, and accountants.
3. Industrial Trade License: Allows companies to carry out industrial, manufacturing and warehouse activities.
4. Tourism Trade License: Issued to companies operating in the tourism and hospitality sector, such as hotels, tourism agencies, and restaurants.
5. Craftsmanship License: Issued to male and female craftsmen working in fields such as handicrafts and traditional industries.

Renewal of a business license in Dubai is usually annual, and requires compliance with the requirements of the Department of Economic Development (DED), and observance of applicable local laws and regulations. Collaboration with a specialized company such as “Itqan” provides support and guidance in the license renewal process, facilitating the process for companies and ensuring full compliance with legal requirements.

Trade license fees in Dubai

Commercial license fees in Dubai vary depending on the type of license, the company’s activity, and its location. The fees are set by the Department of Economic Development (DED) in Dubai and are updated from time to time. Therefore, it is best to check the official website of DED or contact them directly for the latest information regarding fees. When renewing a business license, fees may include the following items:

• Annual Renewal Fee: A trade license in Dubai requires an annual renewal fee. The value of this fee varies based on the type of company and its activity.
• License Fee: Additional licensing fees may apply when applying for a new license or amendments to an existing licence, such as a change of activity, amendment of shareholders or change of address.
• Processing Fee: Additional administrative fees may apply to process the renewal application and examine submitted documents.

To learn more about this topic, you can seek help from a company specializing in commercial services in Dubai to obtain more accurate and updated information regarding current fees.

Types of business licenses in Dubai 

Among the most important points that must be raised about how to renew a commercial license in Dubai are also the types of commercial licenses. There are five types of commercial licenses in Dubai and each license differs in cost from the other license. Here are the types of commercial licenses in Dubai:

1. General trade license.
2. Event organizing license.
3. Business operating permit.
4. Professional license.
5. Commercial license.

Steps to renew a commercial license in Dubai

There are some steps related to renewing a commercial license in Dubai, and we have summarized them for you in several points, which are as follows:

• Verify eligibility: Verify the company’s eligibility to renew the business license and ensure that all conditions and requirements have been met.
• Contract Renewal: Renew the company contract if required. You may need to update and document the contract if there are changes in shareholders, activity, or address.
• License renewal: Submit a license renewal application to the Department of Economic Development (DED) in Dubai. The application must be submitted before the current license expires.
• Payment of fees: Pay the fees related to renewing the license. You can pay the fee online or visit a DED office to pay.
• Document review: Check the documents required to renew the license and ensure their availability. You may need to update some documents such as contracts or other licenses.
• Document Checking: The documents you provide may be reviewed by the Department of Economic Development (DED) for accuracy and completeness.
• Receiving the renewed license: After approving the renewal application and paying the required fees, you will receive the renewed business license from the Department of Economic Development (DED) in Dubai. It may be delivered in person or sent electronically.

It is recommended to contact Itqan Company, which specializes in providing business services in Dubai, to obtain support and assistance in the process of renewing the commercial license. These companies have the experience and knowledge necessary to guide you through the necessary steps and ensure full compliance with local legal and administrative requirements.

Business license authorities in Dubai 

The entity responsible for issuing the commercial license in Dubai is the Department of Economic Development, but there are other local authorities responsible for issuing permits for some economic activities, as there are conditions and controls that regulate the process of practicing these activities.

Examples of these activities include: land transport, the Roads and Transport Authority, law firm and legal consulting activities, petroleum and petroleum activities, contracting activities and engineering consultations.

If you have an inquiry regarding how to renew a commercial license in Dubai, do not hesitate to contact us and one of our experts will help you. 

At the conclusion of this article, you can cooperate with any Itqan company specialized in providing business services in Dubai to help you in the process of renewing the commercial license. This company is one of the best companies that provides a variety of services that include renewing the license, providing legal and administrative support, and providing advice regarding legal requirements and administrative procedures in Dubai.

The most frequently asked questions about how to renew a commercial license