Trade License Renewal in Dubai - PowerPoint PPT Presentation

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Trade License Renewal in Dubai

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In order to do business in Dubai, trade license is one of the important requirements. When it comes for its renewal, it could be a little bit difficult for those who are not well aware UAE legal rules and regulations. – PowerPoint PPT presentation

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Title: Trade License Renewal in Dubai


1
Trade License Renewal in Dubai
  • All You Need to Know About

971 43 215 228
www.businesslinkuae.com
Info_at_businesslinkuae.com
2
Introduction
  • When it comes to doing business in United Arab
    Emirates, Dubai has carved its name in gold,
    literally.
  • It is a brand, a country, an emirate and a
    strategic geo-location which connects the Eastern
    and the Western markets.
  • It is also a place which is an industrial and
    commercial haven in terms of availability of
    quality workers, amazing infrastructure,
    transparent government functioning and virtually
    no taxes.

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
3
  • No wonder then, this tiny emirate attracts
    businessmen, entrepreneurs and corporate entities
    from across the globe.
  • In order to do business in Dubai, trade license
    is one of the important requirements.
  • When it comes for its renewal, it could be a
    little bit difficult for those who are not well
    aware UAE legal rules and regulations.

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
4
So, how is Dubai business license renewal done?
  • As mentioned above, the charm of Dubai lies in
    its efficiency. If getting a trade license is a
    smooth process, renewing the same is even
    smoother. However, like most countries, Dubai too
    has its norms, rules and regulations.
  • Some of them are distinct to the Arab world. In
    such a scenario hiring a business consultant firm
    in Dubai, such as Business Link UAE can make the
    task of trade license renewal a hassle free chore.

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
5
  • Our Business setup consultants in Dubai have
    decades of experience and a fantastic rapport
    with local government officials, municipal
    authorities and are well versed with local
    language/s and culture.
  • By seeking our services entrepreneurs can avoid
    falling into typical pitfalls and thereby getting
    black listed or debarred.

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
6
To renew business license in Dubai one needs to
consider the following
  • 1. The type of license held
  • There are different steps for renewing different
    trade licenses which incidentally fall into three
    categories Industrial, Commercial and
    Professional. Although, the approach to renew the
    same may appear common, there are certain
    nomenclatures which are distinct to each category
    and therefore needs to be addressed accordingly.
  • If the business entity is found to violate these
    norms, then the license will simply not be
    renewed.

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
7
  • 2. Business activities conducted
  • Moreover, during the renewal, it is mandatory to
    mention the type and number of activities
    conducted. Abusing these activities would simply
    mean refusal to renew business license in UAE.
  • The number of business routines per license is
    capped at ten. Interestingly, renewals can be
    done at the department's (DED) main building and
    its numerous branch offices.

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
8
Mentioned below are some of steps for Dubai trade
license renewal and also the documents required
for trade license renewal in Dubai.
  • 1. Form for trade license renewal duly filled (
    Typed (BR/1) Form ).
  • 2. Photo copy of the earlier license.
  • 3. Passport copies of all partners in the business

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
9
  1. - Photocopy of shop, industrial premises or
    office lease contract ( Ejari ). If the business
    entity uses a warehouse then the photo copy of
    the same is also required.
  2. - Approval of renewal by associated government
    agencies. This can be checked via previous
    documentation.
  3. - Payment vouchers processing, typically issued
    by DED.

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
10
Conclusion
  • Although Dubai has made the task of trade license
    renewal extremely user friendly, some of its
    business laws and cultural distinctiveness such
    as language, compulsory local partner and unique
    regulations makes this task a little daunting.
  • Business Link UAE, a Dubai business license
    provider offers a smarter option. Call us today
    for a free quote.

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
11
Contact us
  • Business Link UAE
  • Contact No 971 55 6070 118,
  • Telephone No 971 43 215 228
  • Email Id Info_at_businesslinkuae.com
  • Address Oasis Center, 3rd Floor, 104, Sheikh
    Zayed Road, Dubai, UAE
  • www.businesslinkuae.com

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
12
Thanks
  • Any Questions?
  • You can contact us at 971 43 215 228

Info_at_businesslinkuae.com
971 43 215 228
www.businesslinkuae.com
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