How to change your company license in Dubai, UAE

How to change your company license in Dubai, UAE - Makebiz

The dynamic market in the United Arab Emirates offers many opportunities for growth, so it is important that your license fits your evolving business model. From time to time, entrepreneurs have situations where they need to change, add or delete some information in their license.

A license is the official permission to operate in the UAE.  Before updating it, it is necessary to check the current one. To do this, you can use the online tool “License Information Search” provided by the Dubai Department of Economic Affairs (DED). The system will present the status of the license, including its expiration date, renewal requirements and any outstanding actions or fees that may need to be addressed.

The main reasons for making edits are

1. Adding activities is the most popular reason.

As your business grows, you may need to diversify or expand your offerings. This may include adding new products, introducing additional services, or adapting to changes in market demand.

The first step here is to get approval from the DED, which regulates business activities in Dubai. Once approved, you must submit a formal application on a specific form to request the changes. Depending on the nature of the new activities, a No Objection Certificate (NOC) from the concerned authorities may be required. Once the Department has processed the application and received payment, it will issue an updated license reflecting the new activities.

The total cost of adding activities is affected by jurisdiction, type of activity, and license category. The total waiting period from application to final approval can range from 3 days to 4 weeks, depending on the approvals and activities required.

2. Change of Address. 

If a firm plans to make changes to its address, it needs to officially notify the regulatory state body and provide documents. Here an application form and a new valid Ejari will be required. As a result, the registry will change the registered business address.

3. Change of data about one of the partners.

For this purpose it is necessary to send an application to the regulatory authority together with supporting personal documents and additional information in accordance with the changes. 

It is important to keep in mind that the data on the shareholders are not reflected in the license. Therefore, no amendments will be required in this case.

4. Change of the name of the organization.

First, the new name must be agreed with the Department for uniqueness and taking into account the requirements of the legislation. Next — preparation of a set of documents: an application in accordance with the form and a resolution of shareholders on making amendments to the name. Upon successful completion of the process, a license with the new name will be issued. A certificate of the change of the company name is also attached to the company’s constituent documents.

If the company is registered with the Immigration Department, an updated establishment card for your organization will be obtained.

Any of the above processes may vary depending on the jurisdiction of the firm. It may seem complicated and time-consuming. Contacting professional business setup service providers can simplify the process. The Makebiz team will assist you in preparing the documentation and ensure that all legal requirements are met. Schedule a free consultation and learn more about how to change the license for a company in Dubai.

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