In accordance with the regulatory requirements, every company established in the UAE must renew their Trade License in order to legally continue engaging business activity and operation. The Department of Economic Development (DED) and freezone authority is the authority that issues, regulates and renews mainland and freezone trade licenses respectively. With the help of IBG, you can be ensured that the renewal process is completely done in the right order. IBG offers the best advice and services you need for liquidating your company in Mainland, Freezone and offshore across all the emirates.
During cancellation, the company will be liquidated, and all of its assets and properties will be properly divided among shareholders of the company. In all scenarios of liquidation, IBG offers the best advice and services you need for liquidating your company in Mainland, Free zone, and Offshore across all the Emirates.
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
STARTING FROM
Basic Contains
Business Incorporation Starter Pack
STARTING FROM
Executive Contains
Business Incorporation Starter Pack
For us to give you the best options for your setup, please provide the following information:
– Nature of business/activity
– No. of shareholders
– No. of visa required
– Office requirement
1. Passport copy
2. Emirate ID copy
3. Visa Copy/UAE entry stamp/ Tourist or visit visa copy
4. Number of shareholders with sharing % Manager of the company
If the manager is not a shareholder:
1. Name
2. Phone Number
3. Address
4. Passport Copy
5. Passport Size Photo
6. Visa Page
7. Emirates ID
For Corporate Shareholder
1. Board resolution
2. License, MOA, Incumbency, Share Certificate, etc. of the shareholding company
3. Passport copy/ies of the UBO/’s
4. Passport copy/ies of the Manager’s
5. Visa page of Manager (if UAE resident)
6. Address of the authorized signatory
7. Passport size photo for the authorized signatory
8. Home & UAE Address
9. Number of shareholders with sharing % Manager of the company
If the manager is not a shareholder:
1. Name
2. Phone Number
3. Address
4. Passport Copy
5. Passport Size Photo
6. Visa Page
7. Emirates ID
Sponsor:
1. License Copy
2. Establishment Card copy
Applicant:
1. Scanned copy of Passport should be current and valid for at least 6 months – colored uncut with full border
2. (1) Passport Size photograph with white background;
3. Tourist visa / Residence Cancellation (if Applicable)
4. Emirates ID copy (if applicable)
5. Information needed for Visa application
Starts from AED 8,240
Starts from AED AED 11,200
Immigration Card (3 years)
AED 1,575
Pre-Approval Fee
AED 100 per Shareholder
E-channel Deposit
WAIVED
E-channel Registration
AED 2,200
E-channel Renewal
AED 1,200
Facility Deposit
Starts from AED 500
Investor Visa (3 years)
AED 3,950
Employee Visa (3 years)
AED 3,600
Employee Deposit Fee
AED 2,000
Change Status
AED 885
Medical Test
Starts from AED 450
Emirates ID (3 years)
AED 375
Step 1. Name Approval
1 working day
Step 2. Pre-Approval
5-7 working days
Step 3. Trade License Issuance
2-3 working days
(if no extra approval and/or no additional requirements is required)
Step 1. Establishment Card Application
1 working day
Step 2. Establishment Card Issuance
5-7 working days
Step 3. Entry Permit Issuance
5-7 working days
Step 4. Client Arrival (outside country) optional
Depends on the client
Step 5. Change Status
(inside country)
3-5 working days
Step 6. Medical & Emirates ID Typing
1 working day
Step 7. Medical Test & Biometric
1 working day
*The client must go based on the schedule.
Step 8. Medical Certificate Issuance
If Normal – 2 working days
If VIP – 4 hours
Step 9. Visa Stamping
5-7 working days
Step 10. Emirates ID Issuance
5-10 working days
IBG Client
If you’re an existing IBG Client, no need to worry. We will send you a reminder if your trade license is due for renewal.
If you’re a new client, our team will give you a call to retrieve necessary information before proceeding with the process.
1. Renewal & Amendment Application form
2. Trade License
3. Certificate of Good Standing
4. Extract from Commercial Register
5. Shareholder’s Passport Copy
6. Director’s Passport Copy
7. Manager’s Passport Copy
8. Renewed Lease Agreement
9. No Objection Certificate
10. Audited/Financials Report (for Industrial License only)
For Corporate Shareholder
1. Renewal & Amendment Application form
2. Trade License
3. Shareholder’s Passport Copy
4. Director’s Passport Copy
5. Manager’s Passport Copy
6. Renewed Lease Agreement
7. No Objection Certificate
8. Audited/Financials Report (for Industrial License only)
The renewal fee depends on the current license package taken by the client.
For us to give you the best options for your required service, please give us a call or schedule a consultation.
1. License Cancellation Form
2. Owner Declaration (if applicable)
3. Shareholder Resolution (if applicable)
4. Corporate Resolution (if applicable)
5. General Manager Termination/Resignation Letter
6. Trade License
7. Exit Survey
8. Clearance Letter
1. Visa Cancellation form
2. Visa Cancellation Form
3. Passport
4. Emirates ID
AED 2,000
*Penalty fees of AED 50 per day will be imposed in case of not deregistering within the validity of the company.
Investor Visa
AED 535 per visa
Employee Visa
AED 255 per visa
RAKEZ accommodates three types of company form, which are:
• Free Zone Limited Liability Company (FZ-LLC)
• Branch of a UAE-based company (including companies registered in other free zones)
• Branch of a foreign company
No, one of the benefits of incorporating a company in the Free Zone is that it offers 100% foreign ownership, so you won't be needing a local partner to form a company.
Free Zone companies may have a maximum of 50 shareholders.
The signing of the resolution to register Subsidiary companies or Branches may be done by the authorized signatory on behalf of the parent company. The authorized signatory must be mentioned on the company's legal documents or through an attested power of attorney document from the UAE Embassy or consulate in the parent company's country of origin.
No, it is mandatory for a Branch to have the same activities of its parent's company.
None, there is no Memorandum of Association in a Branch because a Branch is an extension of its parent company with no legal identity.
Yes, it is allowed for a Free Zone company to open a Branch in the Mainland provided that they have an appointed local service agent who must be a UAE national and is holding no less than 51% of the Free Zone company's capital.
A Limited Liability Company means that the liabilities of a company do not extend to its shareholders. It is treated as an entity separated from its shareholders. Each shareholder is only liable to the extent of his shares in the company's capital.
Yes, the owner of a Free Zone Establishment has a limited liability.
Yes, it is possible for the same person to be a Shareholder, a Director, a Secretary, and a Manager of a company.
No, it is not allowed to have more than one Manager in a company.
Yes, it is possible provided that he/she can present a No Objection Certificate (NOC) from his current sponsor that must be obtained in advance.
No, it is not a requirement, especially if an owner is a GCC National or is a partner in a commercial company is holding any other nationality. However, a professional individual establishment must be carried out by a person residing in the UAE.
Yes, a manager must be a UAE resident.
RAKEZ issues the following Free Zone licenses:
• Industrial License - used for Manufacturing, importing, packaging and exporting products
• Commercial License - used for Trading in services and goods
• Educational License - used for opening an education-related institution or a consultancy company
• E-commerce License - used for Trading in goods and services via electronic means
• Individual/Professional License - used by one owner with one activity in a specific specialty or expertise
• General Trading License - used for Trading in multiple goods
• Media License - used for operating media-related business activities
• Service License - used for conducting services or consultancies across any industry
An independent professional contractor in the UAE is called a Freelancer. They are operating in the form of a sole practitioner to conduct the permitted profession.
Yes, RAKEZ issues Freelancer's permit to identify them as a sole practitioner, which enables them to conduct business in their birth name as opposed to a brand name. They offer them a wide range of professions related to media and education that are open for freelancers.
Yes, a company is allowed to add activities once the license has been issued. They also have an option to either add activities on the same license type or a different license type.
Lowest price promise
24/7 at your service guaranteed
Stay home instant license at your door
Additional best value in same price
0% Installment Plan