Dubai is an ideal location for any businessman to establish a company due to its favorable tax structure. However, a legal license is required for business establishment in Dubai.
Individual entrepreneurs who conduct professional licencing activities, such as services of any sort, are granted this type of licence. These individuals might be commercial service providers, designers, or artists, for example. To receive a professional licence in Dubai, however, the company must be owned by a single individual. The organisation will be classified as a civil corporation if it is owned by more than one person.
The professional licence is the only type of licence that permits expats to own 100% of a company in the UAE. However, there is one stipulation: your service agent must be an Emirati citizen, commonly known as Wakeel e Khidmat. This agent will not be involved in the business in any way. His responsibilities would include assisting with licence applications and other legal matters. The agent, on the other hand, will not be responsible for any of the organization's obligations.
The first and most crucial stage in applying for a professional licence is to offer a clear summary of the operations carried out in one's organisation. The next step is to employ a local service agent to conduct all of the necessary legal papers for obtaining a professional licence in Dubai.
Following the appointment, get preliminary permission from the DED. Apart from that, you must reserve a business name (for a charge) and then submit all required documentation to the DED for approval.
*Package Excludes – English Trade Name, Immgiration Card, All Visa Costs,Medical, Emirates ID & Insurance Card, DED Voucher Cost covered upto AED5000