Amendment of a Trade License in Dubai

Amendment of a Trade License in Dubai

When you need to rename your company in the UAE, it is tough to forecast. Some businesses might never experience this necessity. On the other hand, after running a business for a specific time, some companies may need to change their trade name in Dubai for various reasons. 

There are numerous situations where changing a company name in the UAE may be necessary. For instance, if a company name is not protected by copyright, you should modify it. Even the name of a corporation can be changed if it requires complex spelling or rebranding. 

Whatever the cause, you must submit certain documents to change your trade license name in Dubai. The corporate documents mention a corporation by name. Therefore, if you wish to change the trade license name, you can approach the business setup services in Dubai.

Requirements for the Amendments of Trade License in Dubai 

When you wish to do a business setup in Dubai, you must be aware of the key requirements for changing a trade license name.

  1. Change Trade Name

In order to change a trade name, you must submit the following documents.

  1. Changing/Adding an Activity

While deciding to change or add an activity for your business setup in Dubai, you must submit the following paperwork.

  • Original Trade License
  • Registration of Licensing application form
  • All Partners or Attorneys have to attend at Notary to sign the Court Agreement
  • Initial approval from the Department of Economic Development (DED)
  • Adding or Changing the Activity should fall under the same group of given activities in the license
  • Amendment to the Memorandum of Association concerning changing of activity
  • Type (BR1) Form
  • No Objection Letter
  1. Changing Business Location

While proceeding with company formation in Dubai, if you would like to change your business location, then you have to submit the following documents.

  • Original Trade License
  • Registration of Licensing Application Form
  • Emirates ID and Passport of the Authorized Signatory
  • Chamber of Commerce Certificate (if there’s any)
  • No Objection Letter of Changing the Business Location
  • Copy of Lease agreement attested by
  1. Changing Local Partners

If you wish to change the local partners for your business setup in Dubai, submit the following paperwork.

  • Original Trade License
  • Registration of Licensing Application Form
  • No Objection letter from Changing the Local Sponsor
  • All Partners Passport Copy, Visa Copy, Emirates ID Card (front and back)
  • Amendment to the Memorandum of Association concerning changing the Local Sponsor
  • Local Partner passport copy (first and last page)
  • Local Partner Family Card
  • Local Partner Emirates ID Card (front and back)

In addition to that, you can get the assistance of a consulting firm to proceed with the business setup services in Dubai

Why Choose BSW?

Business Setup Worldwide is a leading consulting firm that provides thorough, thoughtful guidance to help our business partners make the best decisions and follow the correct procedures. If you need to change the license as per your company’s needs or to know the Dubai company setup packages . get in touch with our legal experts. 

FAQs

What is the cost of a trade license amendment in Dubai?

It starts from AED 2500.

What is the process of amendment in trade activity?

First, you must send a request letter concerning the activity you want to add to your business and then contact any business agent to help you.

Can my trading name be changed?

Even if you wish to alter a registered business name slightly, you cannot do so. You must file a new business name registration if you want to modify the name you trade under. You must remove your current name from registration once you've registered the new one.

List out the basic steps required for company formation in Dubai.

The basic steps required for company formation in Dubai are
Choose a business location
Finalize a legal structure
Select a business name
Submit the essential documents
Obtain a trade license
Open a corporate bank account

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