How to Renew a Trade License in Dubai?

How to Renew a Trade License in Dubai?
A trade license has been made compulsory to set up any business in Dubai by the
Department of Economic Development (DED). Only those businesses which have trade
licenses can operate in Dubai. If a business is operating without the same, a huge
penalty is charged. However, special permission is needed for some types of
businesses like manufacturing from the Ministry of Finance and Industry, and medical
and pharmaceutical products from the Health Ministry.
Trade license is a valid certificate according to the UAE code of conduct which enables
an investor or businessman to perform certain activities.
Steps to Renew Trade License in Dubai
For trade license renewal Dubai, there are certain documents required –
● Photocopy of Tenancy Contract and Ejari Registration Certificate
● BR/1 form
● Photocopy of trade license
● Photocopy of passport of all partners
It is important to renew trading licenses for every business in Dubai every year to stay
legitimate and according to the rules of the department. Here are the steps to renew
trade license –
● Valid Tenancy contract
The tenancy contract of the firm should be valid for a one-month minimum and must be
Ejari attested. You cannot apply the associated license for renewal if your contract is
not valid for at least one month.
● Applying for license renewal
You should have all the above-mentioned documents to apply for renewing the license
at the DED. You can use different ways to apply for license renewal like the mobile app,
e-Services, authorized service centers, and authorized law firms.
● Payment

A payment voucher is allotted after the submission of the application. You may go
through the process of making payment. You will get a renewal license after making a
payment. There are three ways of license renewal like online procedure, offline
procedure, and automatic renewal system. You may consult professionals for further
details about company formation.https://www.axiom-mark.com

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