How to change your business activities during trade license renewal in the UAE

How to change your business activities during trade license renewal in the UAE



If you're planning to change your business activities during trade license renewal in the UAE, you'll need to follow certain procedures to ensure compliance with the relevant regulations. 

Here are the steps to take:


Consult with the Department of Economic Development (DED) or a business setup consultant: Before changing your business activities, it's important to understand the legal requirements and regulations that apply to your business in the UAE. You can seek guidance from the DED or a business setup consultant to ensure that your business activities are in compliance with the law.


Update your Memorandum of Association (MOA): Your MOA outlines the scope of your business activities, and any changes to your activities should be reflected in the MOA. You'll need to draft an amendment to the MOA, which should be approved by the shareholders and notarized by a public notary in the UAE.


Obtain necessary approvals: Depending on the nature of your business activities, you may need to obtain approvals from various government agencies in the UAE, such as the Dubai Municipality or the Dubai Health Authority. You'll need to provide documents such as approvals, NOCs, permits, etc.


Submit application for trade license renewal: Once you've updated your MOA and obtained any necessary approvals, you can submit your trade license renewal application to the DED. Make sure to include all the required documents and pay the relevant fees.


Wait for approval: The DED will review your application and may conduct a site inspection before issuing the renewed trade license. If your application is approved, you'll receive the renewed trade license.


It's important to note that changing your business activities during trade license renewal may affect the fees, taxes, and other obligations that apply to your business. It's advisable to consult with a business setup consultant or a legal advisor to understand the implications of the changes on your business. 

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