visaprocessUAE: How to pay Dubai Trade Licence Renewal fee in installments?

This video explains the relaxations declared by Dubai DED at the time of trade license renewal.
വിസ കാലാവധി: സംശയ നിവാരണം | ദുബൈ ട്രേഡ് ലൈസൻസ് തവണകളായി എങ്ങിനെ പുതുക്കാം ?

+ You can pay license renewal fee in installments if the total amount is Dh100,000 or more. You can pay in up to 12 installments.

+ DED scrapped 2.5 marketing fees. You can request fine discount through DM revenue online.

Steps to follow:
1. Get license renewal payment voucher through DED website or DED Service counter at Tas'heel Centers or DED branches.

2. Then submit fine discount request through Dubai Municipality's revenue online service (if any). Skip this step if you don't have any fine.

3. Then mail the payment voucher which is received from Revenue Department to DED's e-mail address (info@ded.gov.ae) for installment payment facility.

Following documents to be attached with installment payment request.
1. Latest valid Payment Voucher.
2. DED form filled and signed by license owner. Click here for DED form.
3. Letter from the License owner requesting installment.
4. Determine the counting of payments, provided that the license expiration date is not exceeded.
5. Emirates ID copy of the license owner and applicant's Mobile number.

Once DED approved your installment request, they will send you details of installments with Payment Voucher number, Amount of each cheque and date of each Cheque.

You should issue cheque in the name of Dubai Economic Department and deposit at Aafaq Islamic Finance Counter.

Find below the specimen copy of DED approval to issue cheque in Seven installments.

Attach below mentioned Documents:
1. Fill up a form Aafaq Tasaheel TL Finance Form, available at Aafaq counters.
2. All the partner’s Passport copy and Emirates ID Copy with the company stamp.
3. Cheque should be in the name of the company.

Submit all documents at Aafaq Islamic Finance center at Sheikh Zayed Road. They will review your application. The Aafaq team will contact you back if your application is approved for a monthly installment.
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