Ministry of Economy Corporate Services: Who Qualifies and What You Get
Learn how to manage your company's trade license renewals and mandatory ownership filings through the Ministry of Economy's digital services.
This service provides essential regulatory tools and administrative support for businesses operating within the United Arab Emirates.
Who it's for
This scheme is available to all companies and corporate entities based in the UAE. It is designed to support the operational legality and standing of any business structure operating under the national framework.
What you get
You can use these services to manage several critical aspects of your business operations. This includes access to trade license renewals (تجديد الرخصة) and the submission of necessary corporate governance filings. Furthermore, the service provides access to important economic data to help you navigate the corporate landscape.
What it costs you
The costs associated with these services depend on your specific business setup; annual licensing fees vary by jurisdiction. To use the digital platform, you must have a digital signature via UAE Pass to verify your identity and complete transactions.
The catch to know
The most important thing to monitor is your Ultimate Beneficial Owner (UBO) register (سجل المستفيد الحقيقي). You must ensure this information is kept accurate and up to date, as failure to maintain these records can result in heavy fines.
How to apply
- Visit the official portal at https://www.moec.gov.ae.
- Log in using your digital signature (UAE Pass).
- Choose the specific service you need, such as license renewal or governance filing.
- Complete the required digital forms and submit.