Trade License
UAE Trade License
Al Zaahi provides expert UAE Trade License services, assisting businesses with obtaining and renewing licenses efficiently. Our team ensures a smooth process, allowing entrepreneurs to focus on their operations while we handle the legal requirements.
Trade License Renewal
Renewing your UAE trade license is crucial for maintaining your business’s legal status and operational continuity. The trade license renewal process in Dubai involves several essential steps, including updating your business records with the relevant authorities, such as the Department of Economic Development (DED). You will need to submit required documents, including your current trade license and tenancy contract, and pay the applicable renewal fees. Ensuring compliance with all local regulations, such as those set by the Dubai Economy and Federal Tax Authority (FTA), helps avoid fines and ensures uninterrupted business operations. Timely business license renewal is key to preventing any legal or operational issues and keeping your business running smoothly in the UAE.
Types of trade license renewal in UAE:
- Commercial License Renewal
- Freelancer License Renewal
This service enables the company to renew the license before expiry online to ensure continuity of legal practice.
This service enables the freelancer to renew the license before expiry online to ensure continuity of legal practice
Required Documents:
- NOC from external authorities as per the licensed activity(s) according to Licensing Categories Decision (LCD) (if applicable))
- Certificate of Continuity of Existence or Good Standing or Current Trade License in case of Branch of Onshore UAE Company (excluding other UAE Free Zones)- Original or Notarized Copy (if applicable)
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Trade License Amendment
We provide a service for modifying your Business Trade License, including changes such as updating business activities, adding or removing activities or partners. Through our commercial license amendment service, customers can also issue an annex to the Articles of Association. Our License Amendment Procedures service allows customers to request updates to their trade license information and extend the license in relation to the memorandum of association.
Types of trade license modifications in UAE
Documents required for trade license modifications:
- Sale of a shop: contract of sale
- Any amendments based on the following legal forms: Civil/Solidarity Works/Simple Recommendation/Public and Private Contribution: Appendix to a Incorporation Contract.
- Auditor's report on capital reduction (change of the company's capital)
- Resolution of the Board of Directors/Resolution of the General Assembly approving partnership
- An original and duly authenticated appendix to the contract of a public or private joint stock company.
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Trade License Cancellation
If a business registered in the UAE wishes to cancel its license and liquidate the company, it must obtain a cancellation certificate from the relevant authority. The process for canceling a trade license varies depending on the company's legal form. For establishments and sole proprietorships, the procedure is straightforward: apply for cancellation through the Department of Economic Development (DED) and obtain clearances from:
If the license is not renewed, the relevant authority will proceed with cancellation and de-registration according to Licensing Regulations. Entities undergoing liquidation must follow specific procedures to ensure legal compliance with their licenses.
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Why Choose Al Zaahi?
Al Zaahi provides expert UAE trade license services to help businesses successfully navigate the complexities of obtaining and renewing trade licenses in the UAE. Our comprehensive support ensures that your business meets all legal requirements efficiently, allowing you to focus on your core operations.
Our UAE Trade License Services Include:
- Trade License Application in the UAE: We guide you through the entire process of preparing and submitting documents for a seamless application experience. Whether you’re starting a new business or relocating an existing one, we ensure that all paperwork is accurately completed.
- Business License UAE Renewal and Management: Our team manages the renewal of your trade license, ensuring that your business operations remain uninterrupted and compliant with UAE regulations.
- Amendments and Upgrades to Trade Licenses: As your business grows or changes, we assist with modifying or upgrading your trade license to reflect your evolving needs and maintain regulatory compliance.
- Regulatory Compliance: We ensure that your business adheres to all local laws and industry-specific regulations, minimizing the risk of legal issues and ensuring smooth operations.
- Consultation and Support: Receive expert advice and ongoing support to navigate the UAE business environment effectively. Our team is here to assist with any questions or challenges you may face.
FAQ
A Mainland trade license allows businesses to operate across the UAE and engage with the local market, requiring a local sponsor. A Free Zone trade license provides benefits like 100% foreign ownership but restricts operations to the Free Zone or international markets. Yes, you can request a change in business activity on your UAE trade license, but this requires approval from the relevant authorities. You may need to provide a new business plan and other documentation.
Failing to renew your UAE trade license on time can result in fines, legal penalties, and suspension of business activities. It is important to renew the license before its expiry to avoid these issues. The processing time for a UAE trade license can vary but typically ranges from 1 to 3 weeks. This depends on the type of license, the completeness of your application, and the efficiency of the processing authority. The main types of trade licenses are Commercial License (for trading activities), Industrial License (for manufacturing), Professional License (for services), and Tourism License (for travel and tourism-related activities). Each type caters to specific business activities.
What is the difference between a Mainland and Free Zone trade license?
Can I change the business activity on my UAE trade license?
What happens if I don’t renew my UAE trade license on time?
How long does it take to get a UAE trade license?
What types of trade licenses are available in the UAE?
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