Trade License Renewal
If you are planning to start a business in Dubai then every firm and organization must have a trade license. Like getting a trade license it is also important to renew the license every year. This happens under the supervision of the Development of Economic Department in Dubai. It will be a straightforward process but the documentation procedure is so difficult. Know more about Trade License Renewal UAE from United Business Formations, we can provide you with the best advice. Renewing a license is so important, if the license is not renewed on time then it can cause problems like banning businesses, penalties, and other issues. To renew your trade license in the UAE, you will need to follow these steps:
It’s important to note that the requirements and process for trade license renewal may vary depending on the emirate and type of business activity. It’s always best to check with the DED or a local business consultant for the most up-to-date information.
Documents required for license renewal
The trade licenses issued are valid for one year and they must be renewed yearly. The application to renew the trade license must be submitted 30 days before the expiry date of the license. If it gets late then a fine amount of AED 200 has to be paid. The documents required for Trade License Renewal UAE are,
Methods to renew trade license