Let us walk you through the process seamlessly and ensure your business remains compliant and thriving.
Neglecting to renew your trade license can lead to penalties ranging from AED 5,000 to AED 50,000, depending on your business type. Additionally, there's a monthly fine of AED 250 if renewal is delayed beyond 30 days.
Typically, a trade license issued by Dubai Economy is valid for one year. However, renewal is necessary after this period, requiring physical office space for your company's trade activities within and outside the UAE.
Checking your renewal status is hassle-free. Simply visit the Department of Economic Development's official website, navigate to the trade license services section, and verify your renewal application's status.
Unfortunately, no. For renewal, you'll need Ejari and a tenancy contract with a minimum of three months validity, duly attested by the Real Estate Regulatory Authority.
Unfortunately, no. For renewal, you'll need Ejari and a tenancy contract with a minimum of three months validity, duly attested by the Real Estate Regulatory Authority.
Absolutely! Renewing before expiry is highly recommended to avoid penalties. Upon payment, you'll receive your renewed license promptly, ensuring uninterrupted business operations.
Failing to renew on time can result in a penalty of AED 250, with an additional AED 2000 fine if there's an overlap with an existing business license.
We at Company Setup Consultants streamline the renewal process for you. Our expert team ensures all documentation is in order, handles approvals, and provides comprehensive support, allowing you to focus on growing your business hassle-free. Connect with us today for a smooth trade license renewal experience.