Business owners in the Dubai Mainland have to renew their DED license every year. Getting a business license renewed involves a lot of documentation. Delay in trade license renewal levies penalty, or a ban to the business license, freezing all the business activities.
Most entrepreneurs start their company in Dubai with rented commercial property as their office space. So when renewing the DED license, owners must ensure that the tenancy contracts for their rented property are not expired. In that case, the tenancy and corresponding Ejari contracts must be renewed and attested by the Real Estate Regulatory Authority.
Documents required to renew the contracts:
For some business activities, entrepreneurs should acquire license approvals from the concerned authorities. These approvals must be submitted at the time of the DED license renewal.
After renewing the tenancy contract and obtaining the necessary approvals for business license, you have to submit the required documents to the authority.
The documents include:
If it is a branch office, then the business owner must submit a copy of the trade license of the parent company and submit all required documents.
The submission of license renewal can be done using DED’s e-Services online portal or the Business in Dubai app. Apart from that, some of the physical locations also accept license renewal applications. These locations include authorized service centers, law firms, and the DED Happiness Lounge located at Business Village.
After the successful submission of documents, the business owner is issued a payment voucher which is used at the time of renewal fees payment. A payment voucher will be provided within 3-4 working days.
DED Trade license can be renewed online through the DED official website. Department of Economic Development (DED) has launched an online portal for companies to renew their trade license instantly. This will make the process of license renewal hassle-free. First, the owner of the company has to create an account on the DED Web site. The individual must provide personal legal documents for verification, to activate their online account. The account must be registered under the owner’s name to be able to make payments and performing further actions.
We at Bizvise Business Set up consultants in Dubai can check if any discounts & benefits can be availed while renewing your Dubai DED License.
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