Steps to renew a commercial license in Dubai

Renewing a commercial license in Dubai requires following a series of steps that include preparing and submitting the required documents, and paying the prescribed fees. The business owner must first determine the type of commercial license he wishes to renew, then go to the Department of Economic Development in Dubai to complete the procedures. A copy of the social contract or commercial contract and the original registration certificate must be submitted, in addition to a copy of the passport and a photo of the employer. Furthermore, the required fees must be paid and a payment note must be submitted as proof of payment. After completing these steps, the application will be reviewed and a renewed commercial license will be issued within a specified period of time.

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How to renew a trade license in Dubai

To renew a trade license in Dubai, you must follow the procedures and requirements specified by the Dubai Economic Development Authority (DED). Here is an overview of the basic steps for renewing a business license:

Early application: It is recommended to start the license renewal process well before its expiration. The renewal application can be submitted electronically through the DED’s electronic services portal or by visiting the Authority’s main office.
Updating documents: You may be asked to update some of your company’s documents and documentation. These documents can include the office lease, the legal officer’s ID card, annual accounting reports, employee health insurance, and others.
Payment of fees: You must pay the required renewal fees, which vary depending on the type of company, business activity, and size. You can obtain details of fees and payment methods from the DED website or by inquiring directly at the Authority’s main office.
Review and Approval: After submitting the application and paying the fee, DED will review the documents and evaluate the application. If all conditions and requirements are met, approval will be issued to renew the license.
Receiving the renewed license: After approval, you can receive the renewed license from DED. You may need to print the new license or receive it by mail or in person from the office.

It is important to adhere to the specified deadlines and renew the license before it expires to avoid any problems or legal consequences. There may be additional requirements based on the nature of the business and current legal changes, so it is recommended to contact DED or engage a local legal expert to ensure full compliance with procedures and requirements.

Types of business licenses in Dubai

Dubai provides several types of business licenses that companies can obtain depending on the business activities they wish to practice. Here are some common types of business licenses in Dubai:

General Trading License: Allows companies to practice all general trade activities, including buying and selling goods and products in any commercial sector.
Limited Liability Company License: This license is considered one of the most common licenses in Dubai. It allows shareholders to enjoy legal protection and divide responsibility between partners. There must be a local partner (UAE citizen) who owns a share of no less than 51% of the capital.
Joint Stock Company License (JSC): This license requires a limited number of shareholders and the company’s shares can be traded on the financial market. It is often used for companies that want to raise money from the public.
Free Zone Company License: Available in free business zones in Dubai, such as Dubai Investment City, Dubai Financial District, and the Blue Mountain District, and provides benefits such as 100% ownership of the foreign company, ease of establishment, and customs and tax facilities.
Professional Company License: Allows individuals practicing professional and service professions to establish their own companies, such as doctors, lawyers, engineers, and consultants.

These are just some examples of business licenses available in Dubai. Please note that there are specific requirements and conditions for each type of license, and they may change according to updated government policies and regulations. It is recommended to consult with a local legal advisor or the Dubai Economic Development Authority office for detailed information and guidance on the appropriate business licenses for your business needs and requirements.

Update

Update personal and company data

Updating personal and company data is important to maintain the accuracy and validity of information about you and your company. Here are some general steps for updating personal and company data:

To update personal data:

Have the required documents ready, such as a current passport or ID card and any other documents you need to update.
You may need to fill out a personal data update form provided by the relevant authority, such as the Immigration Service or other government bodies.
Data update fees may be required, in which case payment notice must be provided as proof of payment.
There may be a need to submit recent personal photos or any additional documents requested by the concerned authority.

To update company data:

Prepare the documents required to update company data, such as commercial or social contracts and other legal documents.
It may be necessary to fill out a data update form provided by the relevant authority, such as the Department of Economic Development.
There may be a need to provide updated financial documentation for the company, such as recent financial reports or tax notices.
If there are changes in the company’s organizational structure, there may be a need to provide documentation explaining the new changes.
Whatever the specific steps, you must contact the relevant entity responsible for updating the data to obtain precise guidance and information about the required procedures.

Documents required to renew a trade license in Dubai

To renew a trade license in Dubai, the relevant authorities usually require the following documents to be submitted:

A copy of the current trade license.
A copy of the current lease contract for the office or shop.
A copy of the passport or ID card of the employer or general manager.
A copy of the tax registration certificate (if required).
A copy of the employees’ health insurance certificate (if required).
A copy of the company’s latest financial audit reports.
A copy of the work permit issued by the relevant authority (if required).
A copy of the commercial license renewal form (it may be provided by the concerned authority).
Please note that this documentation is just a general list and documentation needs may vary based on business type and requirements
The specified concerned party. Therefore, it is advisable to check the website of the relevant authority or contact them directly to obtain an updated and accurate list of documents required to renew a business license in Dubai.

Business license authorities in Dubai

Several agencies and bodies in Dubai deal with issuing and renewing commercial licenses. Here is a list of some of the main entities handling this process:

Dubai Economic Department – DED: The Department of Economic Development is the main authority in Dubai for issuing and renewing commercial licenses. You must apply there and submit the required documents.
Dubai Free Zones Authority: If you intend to establish your business in one of the free zones in Dubai, you can apply to the Dubai Free Zones Authority to obtain and renew a commercial license.
Department of Tourism and Commerce Marketing in Dubai (Dubai Tourism and Commerce Marketing – DTCM): If you work in the tourism and hospitality sector, you can contact the Department of Tourism and Commerce Marketing in Dubai to obtain and renew the trade license.
Dubai Civil Aviation Authority: If you work in the field of aviation or aviation-related services, you can apply to the Dubai Civil Aviation Department to obtain and renew a commercial license.

There are also other agencies and various government bodies concerned with specific sectors such as health, education, technology, and real estate investments. It is recommended to communicate directly with the specific relevant authority related to your business activity to obtain accurate information and guidance on obtaining and renewing a commercial license in Dubai.

How our company can provide you with guidance and support in renewing your business license in Dubai

In conclusion, it can be said that the steps to renew a business license in Dubai constitute an important process to ensure business continuity and compliance with local laws and regulations. Business owners must take the time to renew the license before it expires, and carefully follow the necessary steps to avoid any delays or legal problems.

It is essential to check the exact renewal dates, update company and owner details, and submit the required documents correctly and in a timely manner. Business owners must also pay the required fees and follow up on the status of the renewal application until receiving the renewed license.

Frequently asked questions about the steps to renew a commercial license in Dubai:

When should I renew my business license in Dubai?

The business license in Dubai must be renewed before it expires, and the renewal period varies according to the type of activity and classification.

What are the documents required to renew a trade license in Dubai?

A copy of the current trade license. A copy of the passport of the owner or general manager. Health insurance certificate.

What are the basic steps to renew a commercial license in Dubai?

Set an appointment to renew the license. Pay renewal fees. Submit the required documents. Receiving the renewed license after approval.

Is it possible to change the company’s activity during the license renewal process?

Yes, the company’s activity can be modified during the renewal process by submitting the appropriate amendment request.

How long does it take to renew a business license in Dubai?

This depends on how quickly the conditions are met and the required documents are submitted correctly, and the period may vary from one case to another.

Can I submit a license renewal application online?

Yes, a license renewal application can be submitted online via the relevant authority’s platform.

What are the fees required to renew a trade license in Dubai?

Fees vary according to the type of activity and company classification. You can view the official website of the relevant authority to know the current fees.