How to Renew a Trade License in Dubai?
How to Renew a Trade License in Dubai? To set up and do any business in Dubai, you need a trade license. There is a lot of paperwork involved in license renewal Dubai. It is also a cumbersome process if you don’t know about the procedure. Delay in renewing trade licenses is also subject to penalties and even a ban on the license. As a result, all your business operations may be seized. The Department of Economic Development Dubai offers three types of licenses – ● Professional License, ● Commercial License, and ● Industrial License Here’s how to renew a trade license – 1. Tenancy Contract Keep in mind that the validity of the tenancy contract of your company is for a minimum 1 month or you won't apply for renewal. 2. Application You need approval from relevant authorities to do business in Dubai and renew your trade license. Apply with the renewal of license with all the documents needed at the DED. Here’s what you will need for renewal of business license – ● BR/1 form ● ...