Whether your firm is located on the mainland or in a free zone, the process of LICENSE RENEWAL in Dubai is virtually the same for Business License in Dubai. The organization that issues your renewal is the only important distinction. However, in some jurisdictions, in order to renew the license, you must submit the financial audit report from the previous year.
Prepare the necessary documents for renewal:
- To renew a trade license, mainland businesses must provide an attested tenancy agreement. From the date of your application, it must be valid for at least six months.
- BEGIN YOUR APPLICATION FOR RENEWAL: Next, in order to create the new payment voucher, you must manually submit your tenancy agreement to DED online (depending on your jurisdiction) for Business License in Dubai.
- NEGOTIATE THE RENEWAL FEES: Once you have the payment voucher, pay for it online or in person at the DED counter to get a copy of your renewed license.
Frequently Asked Questions
Q. What is the Dubai DED penalty for failing to renew a trade license?
AED 200 per month after the initial 30 days of grace
Q.What payment methods has Dubai DED approved?
- Smart Dubai Government – DED eServices & ID portal
- AAFAQ
- Dubai Islamic Bank
- Commercial Bank of Dubai
- Al Ansari Exchange L.L.C
- EMARATECH for DED Trader
- NOQODI
Q. Is a reduction available on the payment voucher for the renewal of my Dubai license?
By presenting the Ejari and DEWA bills of partners and/or employees, a discount can be achieved for the licensing accommodation allowance and employee accommodation allowance depending on the fees indicated in the voucher.
Q. Is a tenancy agreement or Ejari required in order to renew the license?
Yes, in order to renew the license, you must have an Ejari or tenancy agreement.
Also Read:Claim UAE Unemployment Insurance
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Feel free to get in touch with our team for more information. You can contact us by calling our UAE number 04-3961284 or our hotline at+971 52 888 4714