Expanding Your Business in Dubai: A Guide to Adding Activities to Your Trade License
Ivan Tyler2024-10-15T07:29:55+00:00
By
Ivan Tyler
Company Setup
adding activities
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Adding new activities to your Dubai trade license is a straightforward process that can help you expand your business operations. By following these steps and considering the key factors, you can ensure a smooth and efficient process.
Key Steps:
- Obtain Initial Approval: Apply to the Department of Economic Development (DED) for approval of your proposed activities.
- Submit Amendment Application: Complete the necessary forms and submit them to the DED.
- Acquire Necessary NOCs: Obtain No Objection Certificates from relevant authorities for specific activities.
- Complete Legal Formalities: Update your Memorandum of Association (MoA) or LLC agreement and complete any required legal formalities.
- Submit Required Documents: Submit the necessary documents to the DED.
- Original trade license and registration certificate
- Completed amendment application
- Copy of the office lease contract
- Initial approval certificate for the company name
- Board resolution to add activities (if applicable)
- Copies of ID for all shareholders or directors
- Proof of initial approval and any necessary NOCs from relevant authorities
- Receive Updated Trade License: Pay the fees and receive your updated trade license.
Additional Considerations:
- Timing of Amendments: You can apply for amendments during license renewal or when adding new activities.
- Regulations: Adhere to specific rules and regulations for your licensing authority or free zone.
- Third-Party Approvals: Obtain necessary approvals from relevant authorities or trade bodies.
- Change of Address: Update your MoA with any address changes.
- Activity Codes: Ensure accurate activity codes for your new activities.
- License Renewal: Renew your trade license to avoid penalties.
- Permits for Specific Activities: Obtain required permits for specific activities.
- Business Structure Changes: Update your trade license if your business structure changes.
By following these steps and considering the key factors, you can successfully add activities to your trade license and expand your business operations in Dubai.
Note: It’s highly recommended to consult with a business setup expert to ensure a smooth and efficient process. They can provide guidance on specific requirements, documentation, and potential challenges.
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