Corporate Administration and Licence Renewal

A UAE trade licence has to be renewed annually, and the corporate record behind it has to stay accurate. Shareholder changes, activity additions, address changes and beneficial-ownership updates all need to be filed with the licensing authority. When they are not, the problem usually surfaces at renewal, at a bank review, or during a tax filing — at which point it is urgent and expensive. Baynex maintains the corporate record for client entities so that renewals are routine.

What we handle

Why this is worth outsourcing

Not because it is difficult, but because it is easy to postpone. Licence lapses attract penalties and can suspend visa processing and bank operations. A maintained register takes minutes to update at the time of the change and hours to reconstruct two years later.
faq

Frequently Asked Questions

Have questions? Browse our FAQs to quickly find clear and helpful answers to common inquiries.
We begin the renewal process well in advance of expiry so that any prerequisite — an outstanding filing, an unpaid fee, an expired lease or establishment card — is resolved before it delays issuance. The specific window depends on the authority.
Consequences vary by authority but generally include financial penalties and, for extended lapses, restrictions on visa processing, banking and government transactions. Reinstatement is materially more expensive than renewal.
UAE companies are generally required to maintain and file beneficial ownership information under Cabinet Decision No. 58 of 2020, with specific exemptions. We confirm the position for your entity and maintain the register.
Yes. We start with a review of the current corporate record, identify anything outstanding, and set a maintenance calendar from there.

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