About License Modification:
Both mainland and free zone companies must renew their licenses annually. Though the process seems straightforward, any delays are costly and can affect the company operations, visas and banking. Also, changes to the license like switching local sponsors can create complications that lead to missing renewal deadlines and incurring large fines.
We at Madmun Consultancy are happy to take care of your business license renewal process.
Applicable amendments:
- Change of trade name
- Addition, change or withdrawal of a business activity
- Change in business location
- Change in local sponsor
- Change or addition in Management details
- Addition or removal of partner/s
- Amendment in authorized capital
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How Madmun Consultancy can help you freeze your trade license?
Select the required amendment and get the initial approval. The approval can be formally requested hrough the Service Centers or Happiness Lounge.
If the activity of the business is regulated by any government departments, the amendment needs business activity-specific approvals from the concerned government department.
The application for amendment should be accompanied by supporting documents. The application and the supporting document depend upon the kind of amendment that is required.
Once the application is submitted, documents and the approvals as mentioned above – a payment voucher is issued to the applicant, which is used to make the payment of the amendment fee.
How Decisive zone can help you modify your trade license?
At Madmun Consultancy, we help you process any type of license amendment whilst making sure your business activities aren’t adversely impacted. Whether you need to make a small change or you require several amendments, we manage the entire process for a quick and hassle-free experience.
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