Trade License Renewal Services in Dubai, UAE
Obtaining and renewing licenses based on your business activities is a complex process requiring time, precision, and extensive documentation. Licenses are issued by the relevant authorities for a one-year period and must be renewed annually to prevent legal issues such as investor visa suspensions, bank account restrictions, and the inability to renew employee visas. Operating with an expired license can also halt import and export activities, severely impacting business operations.
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An Overview of Trade License Renewal in Dubai
The classification of licenses across different businesses and professions paves the way for streamlined regulations and enhanced facilities. Commercial licenses cater to trading activities, while industrial licenses are essential for manufacturing operations. Professional licenses are required for specialized practices, and the highly coveted tourism license supports the UAE’s thriving tourism sector. With adventure activities, expansive shopping malls, stunning theme parks, state-of-the-art infrastructure, and an iconic skyline, the UAE has become a global tourist hotspot and a dream destination for countless visitors.
Documents Required for Trade License Renewal in Dubai
As previously noted, trade licenses in Dubai are issued for a one-year term and must be renewed annually. Failure to renew your company license on time will result in late fees. Therefore, being aware of the required documents for trade license renewal is crucial to ensure a smooth and timely process.
Find a list of all the documents required for the renewal of trade license in Dubai and the UAE
- A completed and typed BR/1 form
- A valid and current tenancy contract copy
- A copy of the Ejari Registration Certificate
- A copy of your existing business trade license
- Passport copies of all business partners
Please note that these documents are required for both offline and online business license renewal in Dubai.
Step-by-Step Guide to Renewing a Trade License in Dubai
The UAE permits various types of residence visas, including Employment Visas, Investor Visas, and Partner Visas. However, obtaining these visas requires extensive paperwork and adherence to specific regulations. Below is a detailed overview of the different types of residence visas available in Dubai and the UAE.
The UAE permits various types of residence visas, including Employment Visas, Investor Visas, and Partner Visas. However, obtaining these visas requires extensive paperwork and adherence to specific regulations. Below is a detailed overview of the different types of residence visas available in Dubai and the UAE.
- Ensure Your Tenancy Contract is Valid
- Submit Your Trade License Renewal Application
- Settle Your License Renewal Fees
How much does it cost to renew a trade license in Dubai?
You can establish your offshore company in the Jebel Ali Free Zone (JAFZA Dubai), Ras Al Khaimah (RAK), or Ajman Offshore (AFZ). These tax-free jurisdictions are designed for offshore businesses, allowing operations exclusively outside the UAE. By incorporating an offshore company in the UAE, you benefit from an expanded business scope, streamlined setup procedures, excellent logistics, strategic locations, and full ownership.
Each Free Zone is tailored to specific industries, making some ideal for e-commerce while others are better suited for manufacturing businesses. Choosing the right Free Zone for company registration requires expert guidance, considering factors like business nature and size.
If an investor decides to change their office location, add or remove a partner, appoint a new manager, or change the company name, the trade license will require an amendment. These changes must be updated and approved by the relevant licensing authority.
FAQs About UAE Visa Services in Dubai
Certainly! Foreigners with residence visas issued by the UAE government are permitted to travel freely across all emirates within the UAE. The residence visa grants them unrestricted mobility throughout the country.
To secure an investor or partner visa in Dubai, you need to establish a company in the city. After the business setup, the UAE government will issue a business license upon obtaining a trade license for your enterprise. Once all formalities are finalized, the immigration authorities will grant you a residence visa.
To obtain an investor or partner visa for residing in Dubai, you must establish a company in the city. Once the company is set up, the relevant department will issue a business license after you acquire a trade license for your business. Upon completing the immigration formalities, the UAE immigration authorities will grant you a residence visa.
Absolutely not. You need not stay in the country however, as a business owner you must travel at least once a year to UAE to ensure the active status of your residence visa. At Avyanco, we can help you process your residence visa prior to setting up your own business in Dubai.
Staying in the country is not mandatory. However, as a company owner, you must visit the UAE at least once a year to keep your residence visa active. Avyanco can help you with the residence visa process after you set up your business in Dubai.
Companies in the UAE can apply for multiple employee visas depending on their needs. Factors such as the business industry, profitability, turnover ratio, and office size influence the number of visas granted. For example, if a construction company has several ongoing projects requiring a large workforce, the company will undergo evaluations. The labor department will assess the contract volume and its duration to determine the number of employee visas to be approved.
A company can obtain as many employee visas as needed based on its requirements in the UAE. However, visa allocation by the Ministry of Labor depends on factors such as the business type, profitability, turnover, and office size. For example, if a construction company has building projects to complete, the labor department will assess the contract's duration and volume. Based on these factors, the department may approve additional laborer visas, even if the company has a small office, as workers will not be based there.
The number of visas you can apply for before setting up a company in a UAE Freezone is based on the size of the office. Business owners can issue one visa for every 9 square meters of office space.
The number of visas you can apply for when establishing a company in a UAE Freezone is determined by the size of your office.
The visa application process is simple if the steps are followed correctly. It typically takes 7 to 10 days to receive the visa.
As mentioned above, there are various types of residence visas, and their validity depends on the specific type, ranging from 2 to 10 years.
The cost of a residence visa varies depending on its type, but it typically ranges from 500 to 7,500 AED.
