Dubai Business Setup & License Renewal Services

Dubai Business Setup & License Renewal Services

To renew a company's trade license in Dubai, businesses must submit a renewal application with supporting documents to the Department of Economic Development (DED) or the relevant free zone authority.
. The process typically involves completing a BR/1 form, providing a valid Ejari (tenancy contract), and submitting passport copies of all partners. Payment of the renewal fees is required after the application is reviewed.
Here's a breakdown of the process:
1. Gather Necessary Documents:
Ensure all documents, including the BR/1 form, Ejari certificate, and passport copies, are valid and up-to-date.
2. Submit Application:
Submit the completed application form and supporting documents to the DED or the relevant free zone authority.
3. Pay Renewal Fees:
After the application is reviewed, a payment voucher will be issued. Pay the required fees to finalize the renewal.
4. Receive Renewed License:
Once payment is received, the renewed trade license will be issued.

Important Considerations:
Timely Renewal:
It's crucial to renew the license before the expiry date to avoid penalties.

Grace Period:
A grace period of 30 days is usually provided after the license expiry, but penalties may apply.

Cost:
Renewal fees vary depending on the business type, activities, and jurisdiction.

Expert Assistance:
Consider seeking assistance from business setup advisors to streamline the process and ensure compliance.

Renewal for Free Zone Companies:
For free zone companies, the renewal process is similar, but the relevant free zone authority handles the renewal.
The tenancy contract is often renewed along with the license in free zones.

Penalties for Non-Renewal:
Financial penalties can be imposed for late renewal.

Continued operation without a valid license can lead to further penalties, including a ban on the business license or even closure.