Professional License Activities in Dubai – UAE

Professional License Activities in Dubai – UAE: Individuals who plan to run a business or commercial activity in Dubai has to acquire a license. Dubai’s, The Department of Economic Development (DED) has a well-administered system that separates the various sectors of licensing categories. This enables better opportunities at the constructive and regulatory facilities. The need occurs to choose the right type of license for your type of business in Dubai. Professional (The term professional indicates companies or individuals with trained skills) companies being set up in Dubai needs a professional license.

The list of individuals who require a professional license in Dubai are,

• Lawyers and Legal Advisors
• Accountants, Auditors, and Financial Advisors
• Accounting and Auditing Companies
• Architectural Consultants
• Advertising professionals and Entertainment Artists
• Business Consultants
• Technical Services
• Teachers and Educational Professors
• Health and Medical Services
• Medical Representatives
• Carpentry and Artisan Activities
• Consultancy Services
• Information Technology Services
• Printing and Publishing
• Internet and Web Design Services
• Management Consultancy
• Beauty Salons

Listed above are some of the common professional activities that require a professional license in Dubai. One can get the complete list of activities that require a professional license from the office or website of the Department of Economic Development (DED). Even then it is always better to consult a business consultant or a business set up a company to get information about all the details minutely and to select a business license that suits you best.

Business activities carried out under professional license

• Medical services
• Document clearing
• Beauty salons
• Computer graphic design
• Printing & publishing
• Consultancy
• Security services
• Artisanship
• Other noncommercial activities

100% ownership

A professional license in Dubai keeps you the sole owner of the company, i.e. you are allowed 100% ownership of the company. A professional license also allows other benefits to the license holders. In the case of trading companies, you are allowed only 49% of the shares while the majority 51% is vested with the partner (UAE national). But in the case of professional companies, 100% ownership lies with the owner in accordance with an agreement with a local service agent.

Benefits and Advantages of Professional License

• 100% foreign ownership
• Wide range of activities to choose from
• Cost-effective
• Flexible market
• Wide range of client to engage with
• Renewal of professional license at an affordable cost
• No additional income tax or corporate taxes on your profit
• Wide range of choices for choosing the type of company you want to establish
• Protected business engagements with the Department of Economic Development

How much does it cost?

The total cost of a professional license depends on the different categories of a fee that requires to be paid by a license holder.

• Professional license fee
• Service agent fee
• Trade name fees
• Security deposit (different for individual license holder and civil company)
• Market fee (according to tenancy amount)
• Others

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Originally posted 2021-09-29 04:02:32.