The license required for any kind of business in the UAE is a Trade License. In UAE there are strict rules for renewal of trade license. Therefore, you have to get it renewed before its expiry date or else there will be a penalty for every single day your license is not renewed. If you fail to renew it, then it will end up banning all the licenses held by you and your shareholders and all the business activities will be frozen.
By having us as your service provider, you will be reminded in advance of your trade license's expiry date, and we will save your business from all the bans and penalties.
Note: The period given for Dubai Trade License renewal is 30 days. During this period, you can either renew your license or cancel it.
Documents Required For Trade License Renewal
For Mainland:
The documents vary depending on your activity, but the two mandatory documents for renewal of a normal trading license are
- Copy of the Current License
- Tenancy Contract and Ejari Certificate
Note: The time duration for renewal is 1-2 working days, in the case of additional approvals it may take 7 days.
Free Zone Company:
The renewal process varies from free zone to free zone and it depends on the type of package you have chosen.
The mandatory documents required in a free zone are:
- Original Trade license or its copy, depending on the free zone.
- Passport copy of the shareholder.
- P.O. box confirmation renewal
- Some free zones demand an audit report
Note: There can be more documents based on your activity and the chosen free zone. The time duration can range from 1-3 working days again depending on your free zone.