Page last updated: Wednesday, May 18, 2022
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Request to transfer the ownership of the operating license for national establishments for each license
Status Active

Service Time

One working day

Service Fees

500 AED 

Service Description

This service allows to transfer the ownership of the operating license to another party.

Service Procedures

  1. Step1Application's Submission
  2. Step2Application Review
  3. Step3Payment of the fees
  4. Step4Transaction delivery

Target Audience

Private company

Partners

Business Sector

Required Documents

  • Copy of emirates ID. 
  • Copy of trade license
  •  Initial approval letter containing the owner’s information from the Department of Economic Development.
  •  If the applicant is a client, the power of attorney must be brought with the identity of the client and the signature of the owner of the license must be approved 
  • A list of the company's vehicles from the concerned licensing department in the Emirate

Terms And Conditions

  • The license applicant should be a citizen of the United Arab Emirates. 
  • Obtaining competent local authorities’ approvals. 
  • To specify in the application the type of activity for which a license is required. 
  • To submit the power of attorney of the responsible person and approve the signature. 
  • Provide evidence of his undertaking to accommodate the means of transport when it stops working in appropriate places as decided by the competent authority.

Notes

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