Licensing renewal is a critical administrative activity that every business must complete in order to legally conduct corporate operations within a regional jurisdiction. As in Dubai, the business license has a one-year validity period and must be renewed on an annual basis.
Failure to do so will allow the Dubai Department of Economic Development (DED) to penalize the business or, in the worst-case scenario, even freeze or ban the company from operating in the market. Because the Department closely monitors all corporate entities in Dubai, license renewal must be taken seriously when doing business in the Emirates.
To keep up with changing regulations and policies, the Department of Economic Development (DED) tries to simplify the process through offline, online, and auto-renewal systems. However, many new business owners find it difficult to manage these administrative tasks on their own. Managing administrative tasks takes time and prevents business owners from focusing on core business activities.
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