A Dubai trade license is the official document that allows you to legally run a business in the UAE. It must be renewed every single year. Being that the trade license in Dubai is the lifeline of your UAE-based business, you must make sure that it is always renewed in a timely manner!
Here at Indus Business Services, we understand that running a business is hectic. We also understand that trade license renewal can be a tedious process. This is why we offer the more reliable services to help you renew a trade license in Dubai. We take care of the entire trade license renewal process, so that you can continue to run your business without worrying about deadlines, penalties, or hassle!
Trade license renewal in Dubai is necessary in order to ensure that you have a valid license to run your business. Failure to renew your license means that you will be operating your business illegally. Moreover, there are severe consequences and penalties afforded to businesses that do not renew their license on time.
The failure to renew a trade license in UAE, even after the 30-day grace period, will result in penalties such as fines. It can also cause your business to be forcefully liquidated or blacklisted in the UAE. In many cases, this will mean the end of your business endeavors in Dubai.
Therefore, do not risk your trade license expiring. Instead, turn to us at Indus Business Services and enjoy the comfort of knowing that our team of experts will always complete the paperwork and have your license renewed, well before the deadline!
The process for trade license renewal is more or less the same throughout the UAE. In the Dubai mainland, you must submit your application for trade license renewal to the Department of Economic Development (DED). In the case of free zones, the relevant free zone authority will be the governing body for license approvals.
Here is a quick overview of the trade license renewal process in Dubai
You must gather all necessary documents as part of your trade license renewal process. Most importantly, you must make sure that your tenancy contract is valid for at least one month before applying for renewal of your trade license.
The application for trade license renewal is known as the BR/1. This application needs to be typed and submitted online along with a copy of your current trade license and passport copies for all business partners. These documents can be submitted through the online portal.
Finally, you must submit the fees for your company’s trade license renewal in UAE. You will not receive the renewed license until the fees voucher is paid. As soon as you have paid the Dubai trade license renewal fees, you will immediately receive your new license.
Here at Indus Business Services, we have helped countless businesses avoid the stress and penalties of an expired trade license. With our help, you can get your trade license renewed annually, without lifting a finger!
Our team of expert consultants know the ins and outs of free zone and mainland trade license processing. We can help you quickly and effectively complete the entire Dubai trade license renewal application process. Our trade license renewal packages are extremely time-saving, and cost-effective. This, coupled by the fact that we help you avoid heavy fines and penalties, means that our services provide you with HUGE savings!
Ready to get started? Contact us at Indus Business Services today for the best, most reliable trade license renewal services in Dubai!
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