Renew Your Trade License Today
To avoid unnecessary interruptions or suspensions, keep track of your trade license status and renew it promptly. Preparation is key to a smooth renewal process.
In the UAE, a trade license is essential for operating a business. These licenses vary based on business activities, company formation, and issuing authorities. While the licensing steps are generally consistent, details may differ depending on your business specifics.
Trade licenses are typically renewed annually. Failure to renew can lead to severe consequences, such as fines, blacklisting, or even business termination.
Ensure your business continues to thrive in Dubai by renewing your trade license on time.
Document Requirements for Trade License Renewal
To renew your trade license in Dubai, gather these documents:
Additional documents for free zone companies:
Steps of the Trade License Renewal Process
1. Documentation
Collect and verify all required documents.
2. Application submission
Submit your application and documents to the Department of Economic Development (DED) or relevant free zone authority.
3. Fee payment
Pay the renewal fees, which vary based on business activities and jurisdiction.
4. Inspection (if applicable).
Schedule and complete any required inspections.
5. Approval and Issuance
Once approved, receive your renewed trade license.
Facilities in Sharjah Media City (SHAMS)
Shams provides exclusive spaces for entreprenuers to carry out their business. These spaces are expertly curated to form the backbone of your business setup.
Shams provides various types of office spaces to help you grow in a supporting and well-maintained environment.
Office Space
Choose from a variety of offices and start your work immediately for business growth and better reach.
Shared Desks
Shared desks can help fostering relationship with co-workers and create great results as far as business setup in concerned. An appealing shared space will always help in the progressive approach towards creating a better business.
Dedicated Desks
As contrary to shared desks, dedicated desks are personalised and aim at creating a free workspace. Nevertheless, the dedicated desks are built for individual setup and close collaboration.
Closed Offices
Closed offices are dedicated for individual work. These so called cabins help in escaping any distraction and provide a private place to work.
Meeting Rooms
Shams provides exquisite meeting rooms to help in collaboration and brainstorming of ideas to run the business.
Consequences of Not Renewing Your Trade License in Dubai
Inability to open bank accounts, sign contracts, or obtain permits.
Operating without a valid license can lead to fines, blacklisting, or business termination.
Fines up to AED 5,000 plus AED 250 per month for delayed renewal.
Risk of business termination and permanent closure.
Additional Features
RAKEZ (Ras Al Khaimah Economic Zone) features a strategic location, diverse business facilities, and cost-effective solutions, making it a hub for various industries. It offers streamlined setup processes, a range of license types, and robust support services, attracting both startups and established businesses.
Access Anywhere
Our services are accessible online, anytime, anywhere.
High Security
Protect sensitive information with our secure handling practices.
Import/Export
Seamless handling of document processing for imports and exports.
