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Renewal of trade license in Dubai

Renewal of trade license in Dubai

٢٠ يناير Renewal of trade license in Dubai

Renewing the trade license in Dubai is an essential procedure to ensure the continued success of the company in the emirate. Renewing the license is a vital experience for every company that wants to continue in the market and maintain its legal legitimacy and official registration in Dubai.

Itqan Company cooperates with its clients to facilitate the process of renewing the commercial license in Dubai. The company provides the experience and skill necessary to guide clients through this vital process. Itqan seeks to provide license renewal services with ease, focusing on obtaining the necessary permits and providing the necessary support to complete the procedures successfully.

Procedures for renewing a commercial license in Dubai include verifying the required documents, submitting the electronic application, and paying the required fees. You must also adhere to the specified dates to avoid any unwanted delay. By choosing Itqan Company to help you renew your business license in Dubai, you can rely on a specialized team that guarantees distinguished services that ensure the successful continuity of your business in Dubai.

Renewal of trade license in Dubai
Renewal of trade license in Dubai

 

Renewal of trade license in Dubai

In order to renew the commercial license in Dubai , the following steps must be followed, which consist of several points, which are as follows:

  • Visit the Dubai Department of Economic Development (DED) website and log in to your personal account. If you do not already have an account, you must create a new account.
  • After logging in, select the required service, which is “commercial license renewal.”
  • Submit all required documents. The documents required can vary depending on the type of business and type of business license. Typically, you will need a copy of the rental contract for the office or shop, a copy of the passport, a personal photograph, and a copy of the current business licence.
  • Pay the fees required to renew the license. You can pay online using your local credit or debit card.
  • After submitting the application and paying the fees, the relevant authorities at the Department of Economic Development will review and process the application. This may take some time.
  • If your renewal request is approved, you will receive a notification via email or SMS. You must print the updated copy of the trade license.
  • Visit the Department of Economic Development office to receive the updated license. You may be required to provide a copy of the notice sent to you and your ID or passport to hand over the licence.

Steps to renew a commercial license in Dubai

There are some steps to be able to renew a commercial license in Dubai, which are as follows:

Automatic renewal via text message

Send a text message to 6969 with the commercial license number as soon as it expires and pay the fees by clicking on the payment link.

Renewal through approved service centers

Renewal by consulting one of the authorized service centers and sending the requirements via email, then paying through the available payment methods.

Through the Invest in Dubai platform

  • Log in through the platform’s website.
  • Choose to renew the license.
  • Enter the license number or trade name.
  • Enter email.
  • Enter phone number.
  • Click on the Send Data button.

 

Procedures for renewing a commercial license in Dubai
Procedures for renewing a commercial license in Dubai

Procedures for renewing a commercial license in Dubai

Renewing a trade license in Dubai requires following several procedures. Here are the steps of the process in general:

  • Verify eligibility: Before starting the renewal process, you must check the expiration date of your current trade license.
  • Preparing the required documents: All documents required for the renewal process must be prepared, and they also include a copy of the current commercial license, the passport of the owner or manager, in addition to the health insurance certificate, and other required documents depending on the type of business activity.
  • Visit the Department of Commerce: After preparing the documents, the employer must visit the Department of Commerce in Dubai to submit the documents and submit a renewal application.
  • Payment Fees: You must pay the fees required for the renewal process, which may change depending on the type of business activity and the size of the company.
  • Application review: After submitting the application and paying the fees, the application and documents are reviewed by the relevant authorities in the Department of Commerce.
  • Receiving the renewed license: After approval of the renewal application, the renewed commercial license is issued, and the business owner can receive it from the Department of Commerce or request that it be sent via email.

Documents required to renew a trade license in Dubai

It should be noted that the documents required to renew a commercial license in Dubai may vary based on the type of business activity and the type of company, but in most cases, the following documents are required:

  • Copy of current commercial license: A valid copy of the current commercial license must be submitted.
  • Passport of the owner or general manager: A copy of the passport of the business owner or general manager registered in the license must be submitted.
  • Health Insurance Certificate: The Dubai Department of Commerce may require a health insurance certificate for the employer and employees.
  • License Renewal Form: The employer usually must fill out the license renewal application form provided by the Department of Commerce.
  • Financial documents: Some companies may request the submission of financial documents such as financial reports or company statements.
  • Other documents: You may need to provide additional documents depending on the nature of the business, such as training certificates or activity-specific licenses.

How to renew business license online in Dubai

In the UAE, there are several steps on how to renew a commercial license online in Dubai through the following steps:

  • Log in to your electronic account: Log in to your account on the Dubai Department of Commerce’s electronic portal. If you don’t already have an account, create a new account.
  • Choose the commercial license renewal service: After logging in, search for the commercial license renewal service in the list available on the electronic portal.
  • Fill out the electronic application: Fill out the electronic application to renew the commercial license, and the portal may ask you to enter your personal data and company information.
  • Upload required documents: Upload the documents required for the renewal process, such as a copy of your current trade license and passport.
  • Payment of fees: Pay the required fees through the electronic portal using the available payment methods.
  • Submitting the application: After filling out the application, uploading the documents, and paying the fees, submit the application through the electronic portal.
  • Application review and approval: After submitting the application, it will be reviewed by the competent authorities in the Department of Commerce, and if approved, a renewed commercial license will be issued.
  • Receiving the renewed license: The renewed business license will arrive in your email, and you can print it and keep it for reference.

 

The importance of renewing a commercial license in Dubai
The importance of renewing a commercial license in Dubai

The importance of renewing a commercial license in Dubai

Renewing a business license in Dubai is of great importance in maintaining the integrity of a business, for several reasons:

  • Compliance with Laws and Regulations: By renewing the business license regularly, the business owner is complying with the local business laws and regulations in Dubai. In doing so, he can avoid legal problems and potential penalties that may result from non-compliance.
  • Continuity in business: Renewing the license allows the company to continue to conduct its business legally. Failure to renew the license may lead to the suspension of commercial activities. This also affects relationships with customers and business partners and causes financial losses.
  • Maintaining the company’s reputation: Commitment to renewing the license regularly contributes to building a good reputation for the company and the trust of customers and business partners. Continuing to renew the license indicates the stability and cohesion of the company and its willingness to adhere to legal standards and requirements.
  • Providing growth and expansion opportunities: Thanks to the renewed license, the company can continue to develop its business and search for new opportunities for growth and also expand in the market. The lack of a valid license can hinder expansion and restrict the company’s ability to enter new markets.
  • Interaction with government authorities: A renewed commercial license facilitates interaction with government authorities and smoothly completing commercial transactions, such as opening a bank account, deferring taxes, and renewing other licenses.

Advantages of renewing a commercial license in Dubai

Renewing a trade license in Dubai carries many features and benefits, and we have summarized these features in the following lines:

  1. Ease and convenience: The process of renewing a commercial license in Dubai can be done easily and conveniently online or by visiting the Department of Commerce. This saves a lot of time and effort for the employer.
  2. Compliance with legal requirements: By renewing the license regularly, the company is compliant with the legal requirements in Dubai, thus avoiding legal problems and possible penalties.
  3. Enhancing trust and credibility: Renewing the license regularly enhances credibility and trust in the eyes of customers and also business partners, which contributes to attracting more customers and strengthening business relationships.
  4. Growth and expansion opportunities: Thanks to the renewed license, the company can continue to expand its business activity and can explore growth opportunities in the market.
  5. Facilitating dealing with banks and financial institutions: A renewed commercial license facilitates the process of opening new bank accounts and dealing with other financial institutions, which facilitates the management of the company’s financial matters.
  6. Interacting with the government efficiently: The renewed license facilitates interaction with government authorities and renewing other licenses efficiently, which facilitates the management of the company’s administrative affairs.

Advantages of Itqan Company for providing all company establishment services in Dubai 

There are many features that distinguish Etqan Company, which are very popular with customers in the UAE. These features are represented in the following points:

  • We have teams of consultants with experience to renew commercial licenses.
  • Years of experience in establishing companies in Dubai.
  • Assistance in completing all necessary procedures to obtain the license.
  • We offer you special and unique offers for establishing companies in Dubai.
  • Providing service to our customers around the clock.
  • Providing offices and warehouses for rent in Dubai.

In conclusion of the discussion about renewing the commercial license in Dubai in cooperation with Itqan Company, we find that this process is one of the vital steps that every entrepreneur in Dubai must pay attention to. Renewing a commercial license is not just an administrative procedure, but rather reflects the continued success of the business and its continuity in the market.

Through Itqan Company, you can renew your commercial license in Dubai easily and conveniently, as the company provides a specialized work team that ensures that all procedures are carried out correctly and on time. Itqan works to provide support and assistance for every step in the license renewal process, from collecting the necessary documents until receiving the renewed license.

By choosing to cooperate with Itqan Company to renew your commercial license in Dubai, you will ensure the continuity of your business and your progress in the local and global market. It is a strategic and smart move that emphasizes your interest in the success of your business and your future aspirations in the Dubai business market.

The most frequently asked questions about renewing a commercial license in Dubai

When should I renew my business license in Dubai?

You need to renew your business license in Dubai every year. The expiry date of the license is set when you first register it, so you must renew it before this date.

What are the documents required to renew a trade license in Dubai?

A copy of the office or commercial rental contract. A copy of the passport and a personal photograph. A copy of the current trade license

Are there fees to renew a trade license in Dubai?

Yes, there are renewal fees that need to be paid. Fees vary according to the type of business and type of business license. You can check the required amount of fees and payment methods via the Dubai Department of Economic Development website.