Business Support
Trade License Renewal in Dubai
Do you want to know how to renew your trade license in Dubai? MTR Expert in Dubai is here to make your license renewal process hassle-free and stress-free.
Renew Your Trade License in Dubai
If you're reading this blog, you might seek guidance to renew your company license in Dubai. As you are running a UAE business, you will already be familiar with the licensing process. All businesses that operate inside the UAE must have a valid trade license. Obtaining a permit for your business is a one-time process, but the license needs to be renewed yearly. Failure to do so can lead to severe penalties such as fines, blacklisting of the company, restrictions on visa issuance, and, finally, company closure.
Do you want to know how to renew your trade license in Dubai? MTR Expert in Dubai is here to make your license renewal process hassle-free and stress-free. If you're new to applying for a trade license in Dubai, here is a simple guide that can provide you with detailed information on trade license renewal in Dubai.
Trade License Renewal
Need assistance for new Trade License in Dubai? Contact our team for hassle free support.
Documents Required for Trade License Renewal
Below is the list of documents required for the renewal process:
![Trade_License_Renewal-1st-image[1].png](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Fdxzrhjkcq%2Fimage%2Fupload%2Fv1671456306%2FTrade_License_Renewal_1st_image_1_82a2b33b58.png&w=3840&q=75)
EJARI Registration Documents
EJARI Registration Documents Get a registration certificate from EJARI, and ensure EJARI approves your tenancy contract.
Tenancy Contract with Validity
You must check the validity of your tenancy contract. You must at least have one month to apply for a renewal.
A Copy of Old Trade License
To renew your trade license in Dubai, you must have to submit the old trade license to the authorities.
BR/1 Form
BR/1 is the license renewal application form that must be duly filled and submitted to get your company license in Dubai renewed.
Identity Documents of all the Business Partners
A passport copy of each business partner or shareholder must be submitted along with the application form.
Step-by-Step Guide on How to Renew your Trade License in Dubai
All the businesses operating inside the UAE should be renewed each year. Business owners can renew their trade licenses via any UAE government-authorized centers listed on the DED website. Follow the below steps to renew your trade license in no time.
Step 1
Step 2
Step 3
Step 4
![Trade_License_Renewal-2nd-image[1].png](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Fdxzrhjkcq%2Fimage%2Fupload%2Fv1671456337%2FTrade_License_Renewal_2nd_image_1_1c2e8ed49a.png&w=828&q=75)
What will happen if I don't renew my trade license in Dubai?
The UAE Government follows stringent rules and regulations when approving a business to operate in the UAE. All business owners must renew their trade license before its expiry, or the license will be cancelled. Further, the business owner will also be entitled to penalties such as:
- DED imposes a fine of AED 200 every month
- Suspension of corporate bank account, so the business owner cannot access the fund in the bank
- For trading companies, the Dubai Custom will cancel the custom code, so they can't be able to do imports and exports
- Dubai Labor Department puts restrictions on new visa issuance
Contact MTR Expert to Renew your Trade License
Company license renewal in Dubai is easier and hassle-free when you get in touch with MTR Expert, the certified business consultant in Dubai! Be it documents, approval, or anything else; we are here to support you!
Frequently Asked Questions
How much does it cost to renew a trade license in Dubai?
The DED license renewal fee ranges from AED 8000 to AED 15,000 plus service charges and processing fees depending on the nature of your business.
Is it possible to renew your DED trade license online?
Yes, you can! On Business Dashboard page, under My Transactions, click Renew License. In the License renewal information section, in the License number that is to be renewed text box, type the number of the license that you want to renew. Click Renew.
However, since the process is complicated, it’s always advised to get help from professionals to get your trade license renewed.
What happens if you perform business activity in the UAE with an expired license?
As per the DED rules and regulations, businesses without a valid business license will face a fine of AED 5000 and if the license is not renewed on time, they will face an additional fine of AED 250.
Is there any grace period to renew the UAE trade license?
Yes, you do have a grace period of 30 days after your trade license expiry to get it renewed.
What is the validity of trade license?
The UAE trade license comes with a validity of 1 year and it requires renewal prior to its expiry. In case, you do business with an expired license, a ban of your business will be imposed by the DED.
