Renewing your Trade License in Dubai: deadlines and penalties
Your Trade License is the basis of your business in the UAE. If it expires, penalties loom and, in the worst case, the suspension of business activity. Here's how to stay on the safe side.
When must it be renewed?
Trade Licenses are usually renewed annually. The expiry date is on the license. Plan the renewal well before expiry. Many authorities and free zones offer a short grace period, but you shouldn't rely on it.
Penalties for delay
- Monthly late fees after the license expires.
- Possible blocking of government procedures and visa processes.
- In extreme cases, suspension of business activity.
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EmiraBooks stores your Trade License's expiry date and reminds you automatically in time, together with your tax deadlines in one compliance calendar.
Note: This article is for general information only and does not replace individual tax advice.
