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Here are various types of amendments in your valid business license or while renewal. Today, we will discuss about type of Amendment and groups which handle those Amendment.
Types of Trade License in Dubai
Steps to Amend a System
Mainly, there are 4 steps to amend a system which are following
Step 1:
Fill the registration form and licensing form.
Step 2:
Collect some specific business activity approvals – if required. Like your business activity is regulated by any other government, then you need approval from them as. In that case, the Dubai Economic Department will advise you on approval from other government.
Step 3:
Submit other required documents which are required. The supporting documents include but not limited to the following:
- Addendum to Memorandum of Association and other legal documents related to the type of amendments like the new
- local service agent agreement or the company agent agreement, in case you need to change the current local service agent.
- Documents related to partners or shareholders or staff include:
– Copy of passport and ID card (UAE national’s family book)
– Copy of the residence permit/visa details (for non– GCC nationals)
– No objection letter from the applicant’s current sponsor (for non-GCC nationals)
– Official documents associated with the replacement of heirs and devolution of license or shares. - No objection letter from the parent company for amending the license in addition to the authenticated documents required as per the legal form like add a business activity for a foreign company branch etc.
Step 4:
Pay all fee and collect your license.
After all these steps, you need to submit payment according to their procedure in which you will need to use a voucher or transaction number as a reference when you pay. You need to make all the payment and collect your updated license which was approved through various payment methods.
Also, Amended license can be collected through the user account page as well. In case of missing payment after receiving the payment voucher your transaction will be cancelled automatically within 6 months.
Here are various types of amendments in your valid business license or while renewal. Today, we will discuss about type of Amendment and groups which handle those Amendment.
Groups of Amendment |
Types of Amendment |
Ownership-related Amendments |
Change a local service agent nationality |
Change a director nationality | |
Change a director | |
Change an owner/a partner name | |
Change a director name | |
Change a local service agent name | |
Change an owner/a partner nationality | |
Delete a director | |
Replacement of heirs – license | |
Replacement of heirs – share | |
Devolution of a license | |
Devolution of a share | |
Add a partner | |
Withdraw a partner | |
Change a partner | |
Add a local service agent | |
Delete a local service agent | |
Change a local service agent | |
Add a director | |
Activity-Related Amendments | Remove a business activity from the register |
Delete a business activity | |
Add a business activity | |
Add a business activity in the register | |
Other-Types of Amendments | Change a legal form |
Relocation of a business location | |
Increase the capital | |
Reduce the capital | |
Merger of license | |
Freeze a business license | |
Mortgage of a license | |
Mortgage of shares | |
Change a company name | |
Change a trade name | |
Change a company nationality | |
Assignment of license |