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How To Renew Trade License Online In Dubai
Introduction
If you’re a business owner in Dubai, you understand the importance of having a valid trade license to operate legally. Trade licenses in Dubai come with expiration dates, and it’s crucial to renew them promptly to avoid any legal issues and disruptions to your business operations. In this article, we’ll guide you through the process of renewing your trade license in Dubai, ensuring a smooth transition into your new licensing period.
Documents Required
The following documents are required to renew a trade license in Dubai:
- BR/1 form
- Copy of the old trade license
- Ejari registration certificate
- Tenancy contract
- Passport copies of all business partners
Fee Renew Trade License
The fee for renewing a trade license in Dubai varies depending on the type of business and the location of the business. The fees can be found on the DED website.
How to Pay Renew Trade License
There are several ways to pay the renewal fee for a trade license in Dubai:
- Online through the DED website
- At any DED customer service center
- By bank transfer
Steps to Renew a Trade License Online
To renew a trade license online, you will need to follow these steps:
- Go to the DED website and log in to your account.
- Click on the “Licenses” tab.
- Click on the “Renew License” link.
- Enter your license number and click on the “Search” button.
- Review the information on your license and make sure it is correct.
- Click on the “Renew License” button.
- Pay the renewal fee.
- Print the renewed license.
Steps to Renew a Trade License at a DED Customer Service Center
To renew a trade license at a DED customer service center, you will need to follow these steps:
- Go to the nearest DED customer service center.
- Bring the required documents.
- Pay the renewal fee at the cashier counter.
- Receive the renewed license.
Trade License Renewal Methods in Dubai
1. Online Renewal Trade License :
Dubai encourages digital transactions for efficiency. To renew your trade license online, follow these steps:
a. DED Portal: Visit the Dubai Department of Economic Development (DED) website and log in to your account.
b. Renewal Section: Navigate to the “Renew Trade License” section.
c. Payment: Pay the applicable renewal fee online using a credit or debit card.
d. Document Upload: Upload the necessary documents required for renewal.
e. Submit Application: After completing the online form and uploading the documents, submit your application.
2. SMS Renewal Trade License :
You can also renew your trade license in Dubai through SMS. Simply send an SMS to the specified number with your trade license number, followed by “R” for renewal. You will receive instructions on how to proceed.
3. Physical Application Trade License :
If you prefer a traditional approach, you can visit the DED in person and submit a physical application for license renewal. Ensure that you have all required documents with you during the visit.
Documents Required for Trade License Renewal in Dubai
The specific documents needed may vary based on your business activity and license type. However, some common documents include:
- Trade License Copy: A copy of your current trade license.
- Passport Copies: Copies of the passport of the business owner or partners.
- Emirates ID Copies: Copies of Emirates ID cards of the business owner or partners.
- Lease Agreement: A copy of your current tenancy contract or Ejari.
- No Objection Certificate (NOC): If your business activity requires approval from external entities, obtain a NOC from the relevant government authorities.
- Audited Financial Statements: Some license types may require you to submit audited financial statements.
- Insurance Documents: Valid insurance certificates if your business activity necessitates it.
Trade License Renewal Costs in Dubai
The cost of renewing your trade license in Dubai varies depending on your business activity and license type. Ensure that you are aware of the renewal fees associated with your specific license, and be prepared to pay these fees promptly during the renewal process.
Requirements for Trade License Renewal in Dubai
In addition to the documents and fees, it’s essential to meet certain requirements for a successful trade license renewal:
- Clear Financial Obligations: Ensure all outstanding payments, fines, or debts to government entities and utility providers are settled before renewal.
- Compliance with Regulations: Your business must continue to adhere to all relevant regulations and laws in Dubai.
- Updated Information: Ensure that your business information, such as the physical address, contact details, and ownership structure, is accurate and up to date.
Types of trade licenses in Dubai and their fees
Dubai Trade License Types and Fees
Trade License Type | Fee (AED) |
---|---|
Tejari License | Starting from AED 15,000 |
Professional License | Starting from AED 8,388 |
Industrial License | Starting from AED 12,870 |
Tourism License | Starting from AED 10,000 |
E-Trader License | AED 1,070 |
The fees for trade licenses in Dubai are subject to change. You can always check the Department of Economic Development (DED) website for the latest fees.
Here are some other factors that may affect the cost of a trade license in Dubai:
- The location of the business.
- The size of the business.
- The type of activities that the business is involved in.
- The experience of the business owners.