Trade License Renewal: Reduction of Payment Voucher

Are you a business owner looking for ways to save on trade license payments? Well, look no further! In this article, we will reveal the top strategies for voucher reduction, helping you cut down on the costs associated with obtaining and renewing your trade license. Whether you’re a small startup or an established business, these tips will help you streamline your finances and boost your profitability. Don’t let trade license payments eat into your profits. Read on to discover the top strategies for voucher reduction and start saving today!

Here are the following points when processing the Reduction of Payment Voucher:

Renewing your trade license in Dubai involves settling a payment voucher. However, there are strategies to potentially reduce the associated fees. Here’s a breakdown of some options:

Licensing Accommodation Allowance (Item #61):

Reduce fees: If the license holder’s partner provides their personal Ejari (rental contract) and DEWA bill, you can potentially reduce the fees by AED 1,000.

Employees Accommodation Allowance (Item #62):

Reduce fees: If employees provide their personal Ejari and DEWA bills, you can potentially reduce fees by AED 300 to AED 800, depending on their skill level and approval.

Minimize Market Fees:

Consider a virtual Ejari: For companies operating solely online, a virtual Ejari can significantly reduce market fees compared to a standard trade license requiring a physical presence.

Note: Always consult with the relevant authorities in Dubai for the most accurate and up-to-date information on fee reductions and requirements.

Required Documents for the Application of Reduction of Payment Voucher:

• Trade License Copy
• Clear Copy of the Current Payment Voucher
• Ejari and DEWA Bill Copies of Employees and Partners
• Visa Copies of Employees and Partners (if they’re providing personal Ejari and DEWA bills)

Approval for reducing the payment voucher depends on meeting specific criteria set by the relevant authorities. It’s recommended to consult with a professional PRO services company like ours that specializes in trade license renewals. They can guide you through the process and ensure you meet all requirements.