In the UAE, all businesses are required to hold a valid trade license issued by the relevant authorities responsible for regulating licensing policies. Depending on the nature of the business, certain activities may require additional approvals from the relevant ministries. There are three primary categories of business licenses: Professional, Commercial, and Industrial. Each license is essential for conducting business operations legally.
Business licenses in the UAE are typically issued for one year, and upon expiration, business activities must cease until the license is renewed. Our dedicated team ensures you are informed about renewal dates and license expirations, providing timely reminders to keep your business compliant.
Types of License Amendments
You can make various amendments to your license, including:
- Ownership Changes:
- Change local sponsor
- Update owner or partner’s name
- Update director’s name
- Change owner or partner nationality
- Add or remove partners
- Change director
- Change director nationality
- Withdraw partner
- Add or remove directors
- Replace heirs’ shares and license
- Devolution of shares or licenses
- Business Activity Changes:
- Add a new business activity
- Remove an existing business activity
- Withdraw a business activity
- Other Amendments:
- Change trade name
- Change business location
- Modify authorized capital
- Update management details
- Liquidate license
- Change the legal structure of the company
- Merge licenses
- Freeze business license
- Mortgage shares or license
- Adjust share capital
- Relocate business
- Change company nationality
License Amendment Procedure
The process for amending your license includes the following steps:
- Initial Registration: Complete the registration form and select the desired amendment. Our team will assist you in obtaining initial approval.
- Obtain Specific Approvals: If your business activity is regulated by another government department, the Dubai Economic Department (DED) will require specific approvals from that department.
- Submit Required Documents: The necessary supporting documents will vary based on the type of amendment but generally include:
- Copies of the passport and Emirates ID of the UAE national
- Residence or visa details for non-resident partners
- No Objection Letter (NOC) from the current sponsor (applicable to non-residents)
- Revised Memorandum of Association and other legal documents for the license amendment
- NOC from the parent company regarding the amendment
- If changing the local service agent, provide the company agent agreement or local service agent agreement
- Payment and License Collection: After submitting your application and all supporting documents and approvals, you will receive a payment voucher. Upon payment of the fees, you can collect your updated license.
Why Choose Us?
We coordinate with the Department of Economic Development (DED) on your behalf to ensure a smooth and efficient amendment process for your business license. Our professional team manages all aspects of the license amendment procedure, keeping you informed about the expiration dates of various registrations and licenses to ensure your business remains compliant.