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How do I renew my trade license in Dubai?

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How do I renew my trade license in Dubai?

Steps to get the service

  1. Visit one of the service centers of the Dubai Economy.
  2. Send the requirements via the center’s e-mail.
  3. Pay via one of the available payment methods.
  4. Obtain the renewed trade license.

How much does it cost to renew a trade license in Dubai?

How much does it cost to renew a trade license in Dubai? Typically, you should expect to pay in the region of AED 8,000 to AED 15,000 for a standard license renewal.

Can we renew trade license before it expires?

Trade license renewal in time saves you from the possibility of banning or blacklisting your company. Always keep a check on your tenancy contract and trade license. Note that if you fail to renew the license before the expiration date, it can lead to legal repercussions.

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How do I renew my DED trade license?

Renew License

  1. On Business Dashboard page, under My Transactions, click Renew License.
  2. 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.
  3. Click Renew.

Do I have to pay fines before renewing license Dubai?

All traffic fines have to be paid before renewing the driving licence or renewing the vehicle ownership card.

How can I renew my trade license by SMS in Dubai?

Dubai can now renew their Business Licenses through an SMS The owners will just have to send a text message to ‘6969’ which they will then receive a payment voucher to new their license if all the DED requirements are fulfilled.

Which documents need for trade license?

Documents required for applying for Trade license

  • Address proof of the business.
  • ID proof of the applicant.
  • Aadhaar card.
  • PAN of the individual in case of proprietorship, else PAN of the firm of company.
  • Memorandum of Association (MOA) in case of Companies.
  • Certification of incorporating in case of Companies.
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What is the grace period for trade license renewal in Dubai?

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.

How can I renew my trade license by SMS?

Now, business owners can renew the business licence through the auto renewal service in one step by sending a text message with the trade licence number to ‘6969,’ following which they will receive a ‘payment voucher. ‘ They can then complete the payment through any of the payment channels provided in the text message.

How do I renew my trading name?

How to apply

  1. Select the ‘Renew online’ button.
  2. Enter your account number or ABN.
  3. Select the business name you want to renew.
  4. Select the renewal period.
  5. Review the details displayed and confirm your authorisation.
  6. Make your payment.
  7. Submit the information.
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What happens if you don’t renew your business license in Dubai?

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. Running a business activity in an unregistered area can also result in a 1000 AED fine. Not renewing your license can also blacklist your company.

What is the grace period for drivers license renewal in UAE?

30 days
The grace period is 30 days after expiry and after that, you will be fined AED 10 monthly. The fine amount can go up to AED 500 only.