Everything you need to know about renewing your business license

How to renew your mainland trade license in Dubai?

The Department of Economic Development (DED) is the authority that issues, regulates and renews mainland trade licenses in Dubai. The Dubai economic department trade license renewal is an annual procedure. You as an entrepreneur could renew Dubai mainland business license online as well as manually. The DED have adopted various measures making renewal procedures simpler. This saves time, money and efforts spent on the overall business license renewal process.

To renew mainland licenses in Dubai, the DED have formed initiatives to streamline the process. However, there are various factors to be considered before getting your mainland license renewed.

Let’s understand the variables you need to consider before renewing your business license in Dubai –

Check the Validity of the Tenancy Contract:

The tenancy contract should have a minimum validity of one month, and the longer the better. Place of business is extremely important when it comes to company license renewal Dubai, thus double-check on the validity of your company’s tenancy contract in order to avoid delays in getting a business license.

Get the Approvals for the Activity:

Every specific business activity has selective requirements as well as may need certifications and licenses from specific authority. For instance, a car rental company or a private motor vehicle service need an approval from the Dubai Road and Transport Authority (RTA), whereas a private medical clinic needs a certification from the Ministry of Health and Prevention of Dubai and so on.

Thus, get approval for the business activity for the respective judicial or governmental department well-in-advance before you apply for the business license.

How to renew business license in Dubai?

Collect all the paperwork, certifications and the application for the trade license renewal in Dubai. Submit it to Department of Economic Development (DED) in the below mentioned ways.

Renew Your Business License Offline

Department of Economic Development (DED) can renew your business license through various offline modes such as business service provider, authorised service agents, etc.

Renew Your Business License Online

DED has a comprehensive website and e-Services for the business customers through which they can renew business license online.

Auto-Renewal System for Business Licenses in Dubai

In order to improve the country’s investment and business climate, the Economic Department has initiated an auto-renewal process through which the renewal could be fast-tracked.

What is the best way to renew your business license in Dubai?

The DED has made it extremely simple for businessmen to renew their trade license in Dubai. However, using a business services provider or a business setup consultant to renew your Dubai mainland license in the best way!

With the help of business service providers, you can be ensured that the process is completely done in the right order. Renewing the business license with a business service provides or a consultants makes you aware about the updated or changes in the commercial law. This further makes the overall renewal process not only instant, but also effective.

Here are some of the pointers that will help you reflect on the need of a business service provider to renew your mainland trade license in Dubai –

  • A business service provider or consultant adheres to all the rules and regulations to update the license during the renewal process.
  • To get a mainland trade license renewed in Dubai, it is important to update your paperwork before going ahead with the renewal process.
  • Business license renewal in Dubai does not only deal with the DED. A License must be updated with the Immigration Department, Labour Department, UAE Banks and various authorities that are taken care by business service providers, making them the ideal option.
  • You also need to be aware about the steps of renewing a business license in Dubai and the frequent variation in the steps.
  • Delay or late renewal of business license attracts penalties and even could blacklist the company.
  • Plans for setting up a business or getting an additional license in the future might also attract problems if your trade license not renewed in a timely and orderly manner.
  • Several businessmen in Dubai and around UAE feel it safe to renew business licenses through business service providers in the UAE, in order to be certain about the procedures.
  • Business service providers help avoid suspensions and running around the ministries to get additional approvals.

Get in touch with the pioneers of company formation and business services in the UAE. Speak to a business setup consultant from Shuraa Business Setup. Shuraa is one of the well-known and established business setup service providers in the UAE.

Under our sponsorship you can renew your business license and get –

  1. Free PRO services – which means we take care of your documentation process for Free!
  2. We manage formalities related to the governmental authorities to renew trade license.
  3. We take care of issues and renews related to commercial registrations.
  4. We keep a tab on the expiry dates and reminding you on licenses that need renewal well in advance.
  5. We offer number of administrative services that enable you to easily manage and operate your businesses.

To know more speak to our business consultants or drop in a quick inquiry and we will get back to you! You may call us on +971-44081900, Whats App us on +971-507775554 or email – info@shuraa.com