Title: How to Renew or Transfer a Commercial License in Dubai, UAE
1How to Renew or Transfer a Commercial License in
Dubai, UAE?
2INTRODUCTION
Renewing or transferring a commercial license in
Dubai, UAE is a crucial process for businesses to
maintain legal compliance or facilitate changes
in ownership or location. Understanding the steps
involved can streamline the procedure and ensure
a smooth transition. In this guide, we'll walk
you through the essential steps for renewing or
transferring your commercial license in Dubai.
3Renewing Your Commercial License
- Follow the steps given below to successfully
renew your commercial license in Dubai, UAE - Validity Check
- Application Time
- Required Documents
- Payment and Collection
4RENEWING YOUR COMMERCIAL LICENSE
- Validity Check Before you begin, ensure your
tenancy contract is valid for at least another
month. An invalid lease can delay renewal. - Application Time Head to the Department of
Economic Development (DED) (Dubai Department of
Economic Development). They offer multiple
options - Service Centers Visit a DED service center in
person. While there, you can submit the required
documents, receive a payment voucher, and settle
the fees. Some centers even accept application
submissions via email. - Online Portal For a digital experience, you can
utilize the DED's online portal Dubai DED Online
portal. Simply log in, choose "Renew a License,"
and follow the prompts. - Required Documents Gather the necessary
documents, including a filled BR/1 form, a copy
of your current license, Ejari registration
(proof of tenancy), and passport photocopies of
all business partners. - Payment and Collection Once your application is
verified, you'll receive a payment voucher.
Settle the fees using the specified methods. Upon
successful payment, collect your renewed license.
5Transferring Your Commercial License
- Follow the steps given below to successfully
transfer your commercial license in Dubai, UAE - Approval Process
- Documentation
- External Assistance
6TRANSFERRING YOUR COMMERCIAL LICENSE
- Approval Process Transferring ownership involves
DED approval. Contact the Dubai SME department, a
DED branch that assists with such procedures
Dubai SME department. - Documentation Prepare documents like the
transfer agreement, copies of IDs for both
parties, and a no-objection certificate from your
current landlord. - External Assistance The DED recommends using
external service centers for complex transfers.
7Conclusion
Renewing or transferring a commercial license in
Dubai, UAE involves a series of administrative
steps and document submissions. By understanding
the process and adhering to the guidelines
provided by the relevant authorities, businesses
can ensure compliance and continue their
operations seamlessly. Always consult with legal
experts or business advisors for personalized
guidance based on your specific circumstances.
8THANKS!
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