Contents
Do I need Ejari for trade license renewal? Yes, Ejari is a mandatory part of the license renewal process. Your tenancy contract must be attested by Real Estate Regulatory Authority. If you attempt to renew without Ejari attested documentation, your application is likely to be rejected and you may receive a fine.
Subsequently, how do I renew my expired trade license in Dubai?
- Ejari registration. For renewal of the license, it’s necessary to possess a registration certificate from Ejari.
- Tenancy contract with validity.
- A copy of your old trade license.
- BR/1 form.
- Photocopy of passport of all business partners.
As many you asked, what happens if you don’t renew your business license in Dubai? Trade License renewal is mandatory for business owners in the UAE and should be done annually. … For example, running a business in Dubai without a license may result in a 5000 AED fine. Failing to renew a trade license also results in a 250 AED fine.
Likewise, how do I update my renew trade license in Dubai Municipality?
- Log into your account.
- Select Renew License or Renew Trade License.
- Generate the payment voucher.
Also the question is, can I renew trade license before it expires? You do have a 30-day grace period after your trade license expires to get it renewed. However, if you don’t renew or cancel your license within that time, then you will be charged AED 250. Besides big fines and penalties, your company could face bankruptcy if your license isn’t renewed.
What are the documents required for trade license renewal in Dubai?
- Typed BR/1 form.
- Ejari Registration Certificate and a photocopy of the tenancy contract.
- Photocopy of the current trade license.
- Passport photocopies of all the business partners.
How can I renew my license online in Dubai?
- Click on The Driver and Car Owner Services tab available on the RTA official website.
- Go to the Driving licence Services tab and access Dubai driving licence renewal services.
- Upload all the required documents.
- Pay all the service charges and outstanding fines via debit or credit card.
How can I freeze trade license in Dubai?
To freeze your license you will be required to issue a letter on corporate letterhead requesting to temporarily freeze the license, stating the reasons for freezing the license and providing justification for such request.
How do I renew my DED license online?
- 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.
How much does a trade license cost in Dubai?
Generally, the cost of a trade license in Dubai ranges from AED 15,000 to AED 50,000. However, this can even rise further depending on the types of goods you want to sell, which might require special approvals by the UAE government.
How can I check my trade license in Dubai?
- Inquiry by business name or business activity – Unified Commercial Registration System – Ministry of Economy.
- Trade name search – Department of Economic Development – Abu Dhabi.
- Search trade licence details- Department of Economic Development – Abu Dhabi.
- Search trade name – Dubai Economy.
What is municipality fee in Dubai?
For the commercial and business sector, Dubai Government has introduced nine initiatives over the next three months including a freeze on the 2.5 per cent market fees levied on all facilities operating in Dubai. The fees were reduced from 5 per cent to 2.5 per cent in June 2018.
What is the cheapest Freezone in UAE?
Ajman Media City is the cheapest free zone in UAE. This freezone offers investors a range of business activities and business license types at the lowest cost.
How can I reduce my trade license fee in Dubai?
- Avoid Choosing Foreign Name for Your Company.
- Avoid Eastern European or any Other non-Arabic Name.
- Reduce the Number of Business Partners.
- Lessen the Involvement of Business Partners.
- Limit Your Business Partners for LLC.
- Rent a Smaller Office Space.
How do I get a DED license?
The DED Trader license is issued electronically wherever you are by visiting dedtrader.ae and following simple steps; create username and password; enter address details, and social media accounts for the project/business; select the activity and trade name and finally pay and receive the license electronically.
How do I renew my trade license in UAE?
- Visit one of the service centers of the Dubai Economy.
- Send the requirements via the center’s e-mail.
- Pay via one of the available payment methods.
- Obtain the renewed trade license.
