Trade license name change in Dubai is a significant step businesses often undertake due to rebranding, mergers, or shifts in business strategy.
The process is governed by the Dubai Department of Economic Development (DED) and requires careful adherence to local regulations.
This page covers essential steps for Changing a trade license name in Dubai in 2024, such as obtaining initial approval from the Department of Economic Development (DED) and preparing and submitting necessary documents.
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Trade License Name Change in Dubai Process
Changing the name on a trade license involves several steps and requires specific documentation.
The first step is to secure initial approval from the Department of Economic Development DED. This involves submitting an application that includes the reserved new trade name, the original trade license, and, if applicable, a board resolution approving the name change.
Depending on your company’s legal structure, additional documents like the Memorandum of Association (MOA) may need to be amended and submitted.
Trade Name Change Document Requirements
The essential documents typically include:
- A completed trade license amendment form.
- A board resolution approving the name change.
- Updated MOA or Articles of Association reflecting the new name.
- Copies of the passports and visas of all business partners or shareholders.
- A No Objection Certificate (NOC) from relevant entities, if applicable.
Submission and Fees
Once all documents are prepared, you can submit them in person at the DED or through their online portal. The fees can vary depending on the jurisdiction within Dubai and your business’s specific circumstances, but they generally include a standard processing fee.
Dubai’s average business name change costs range from 10000 AED to 20000 AED.
Approval and Issuance
After submission, the DED reviews the application, ensuring the new name is available and complies with local naming conventions. This process might take several weeks. Once approved, you can collect the updated trade license and officially use your new business name.
Legal Help for Modifying Trade License Names in Dubai
Justice Office Lawyers & Legal Consultants offer specialized legal services for legally changing your trade license name in Dubai. These services include drafting and reviewing the necessary legal documents, such as the MOA amendments and board resolutions. They also assist in ensuring compliance with all local regulations.
Their legal experts provide consultation services to help you understand the implications of a trade name change, including potential impacts on existing contracts and business relationships. They also offer support in dispute resolution if any legal challenges arise during the process.
The Justice Office can handle the documentation process, ensuring all paperwork is correctly prepared and submitted to avoid delays or complications. Their experience with the DED’s processes allows them to expedite approvals, ensuring a smooth transition to your new business name.
Learn more about Company Name Change In UAE Dubai and the best Business Lawyer Dubai.
FAQs about Trade Name Change Dubai
Conclusion.
Changing your trade license name in Dubai requires careful attention to detail and adherence to local laws.
By understanding the steps involved and leveraging expert legal services, you can ensure the process is handled efficiently, allowing your business to continue operating smoothly under its new name.
Always consult professionals to navigate the application process’s intricacies and comply with all legal requirements in Dubai.
Contact Al Mulla Lawyers today! Click the Whatsapp icon below or visit our Contact Us page.
Find us at these locations:
– Dubai: Deira, Port Saeed, Street 8, City Avenue Building, Office 705-708.
– Abu Dhabi: Corniche Street, Golden Tower, Office 22.
– Ras Al Khaimah: Al Nakheel, Al Maamoura Building (Emirates NBD Bank Building), Fourth Floor.
A law graduate and legal writer focusing on UAE law, he became known for his ability to clarify complex legal concepts through his writings. His work simplifies the intricacies of the legal landscape in the Emirates, helping both locals and expatriates navigate their legal concerns.