Dubai Economic Department Trade License Renewal

Cl اقتصادية دبي.

Dubai economic department trade license renewal. The etrader cannot open a shop or issue visas and in case of a legal dispute the licensee alone will be held responsible. Trade license renewal for a mainland company. If you are looking for a trade license elsewhere in the uae then the respective economic department of that emirate will issue the trade license. A business practicing without a license could be penalized with aed 5000 while failure to renew a license within the specified time limit could cost aed 250 month also an additional office for an existing license without permission fines the entity with aed 2000.

It contributes to economic growth by suggesting policies and preparing development programmes in the region. The licence aims to guide traders towards the right path to enter the business world. When a licensed business expires the department of economic development in dubai can impose a business with several forfeits. The auto renewal service highlights dubai economy s commitment to adopting global best practices that add to the ease of doing business in.

The department of economic development in dubai also referred to as ded is the authority that issues and approves business licenses in dubai. The etrader licence can be registered under the name of a single owner only. Trade name search department of economic development abu dhabi. Trade license renewal in dubai requirements 1.

Inquiry by business name or business activity unified commercial registration system ministry of economy. After making the payment as per the process provided above ded will issue you a renewed trade license with a validity of one year. There is a 30 day grace period after the expiry of the trade license during which the company can either renew the trade license or cancel it. The etrader licence from dubai economy ded allows uae nationals and gcc nationals residing in dubai to practise business activities through various social media networks.

Through ded trader licence dubai economy seeks to regulate and enhance ease of doing business electronically. Dubai trade license renewal grace period. The ded trader licence enables start ups in dubai to conduct business activities online and across social networking accounts. General trading license renewal fees in dubai uae.

The dubai economic department is chaired by his highness sheikh mohammed bin rashid al maktoum uae vice president prime minister and ruler of dubai. As per the renewal fees it varies for every trade license. The following links will help you check business activities registered and licences issued in the uae.