A professional license in Dubai is the type of license that allows professionals to open a business. Professional license services in Dubai, UAE, include consulting, printing, publishing, beauty salons, and repair. The scope is wide, and the future is bright if you have an actionable business plan and execute it perfectly.
You will be surprised to know that in the first half of 2022, nearly 55% of new business licenses were issued for professionals, with the remaining for commercial ones. Bur Dubai had the highest percentage of new licenses, with 31,604, followed by Deira (14,022) and Hatta (14,022).
You may be unsure about the cost, requirements, and other aspects of professional licenses in Dubai. Don’t worry. This blog will provide all the information you need regarding a professional license.
What Is a Professional License in Dubai?
A professional license is a specific business license required in Dubai to operate a business. The Department of Economic Development (DED) issues the license. It allows an individual or a company with a single owner to practise any profession that provides services based on intellectual or artistic abilities. The professional license serves as both a regulatory and a protective tool for businesses doing business in Dubai. If the firm has multiple owners, a civil corporation is formed.
Foreign investors can own 100% of a company with a professional license, giving them all of the benefits of a sole proprietorship. To comply with legal requirements, the company must still appoint an Emirati citizen as a local service agent. The agent’s only direct contact with the company is to collect a yearly fee for the service. They will not own any stock in the company and will not be liable for any of its debts.
What Is the Need of a Professional License in Dubai?
Anyone wishing to provide professional services in Dubai, such as consulting, auditing & accounting, design, tourism assistance, and research, must apply for and be granted a professional license by the DED. You are qualified to engage in the activities that fall under your qualifications and areas of specialisation in the UAE as a professional license holder.
Professional services in Dubai must be of high quality and by the standards established by local government authorities and agencies, which necessitates the ability, skills, intellectual prowess, and experience to complete tasks or projects independently. However, some jobs require permission from the appropriate governmental organisations. Furthermore, you can work for any client, customer, or employer.
What Activities Are Covered Under Dubai Professional License?
Professional services in Dubai require talent, knowledge, analytical skill, and experience to perform tasks or projects independently, ensure quality, and adhere to Dubai government agencies’ and authorities’ standards.
Some of the activities covered under the Dubai professional license are as follows:
- Consultancy services
- Medical services
- Printing and Publishing
- Beauty salons
- Computer graphic design service
- Repair services
- Security services
- Document clearing, and many more.
What Are the Benefits of Obtaining a Professional License?
Some of the benefits of obtaining a professional licensed in the UAE are as follows:
- Foreign ownership is entirely foreign.
- The company has the legal right to request employee visas for the UAE, labour quotas, translation services, and other services.
- Assists professionals and SMEs in opening corporate bank accounts, making it the best option.
- Your capital gains are not subject to additional taxation (personal or corporate).
- A strong and secure company that operates under DED supervision.
- The renewal process is simple and inexpensive.
What are the Steps to Get a Professional License in Dubai?
Professional licenses in Dubai are easy to obtain. The following are the steps you must take to obtain your professional license:
1. Choose a Company Name
The first step in obtaining your professional license is to select a suitable company name. The rules for naming a company in the UAE must be followed when naming your business. It must also be a name that no other active entity currently uses.
2. Create Your Legal Framework
To proceed with your professional license application, you must first decide on your company’s legal structure. The legal framework will outline who is responsible for and how your firm will be run.
3. Choose a Location for Your Company
You have several options regarding the type of license you apply for. You either have a Virtual office or physical business location to apply for a professional license. You must also obtain a tenancy agreement after deciding on a location for your business.
4. Obtain Additional Approvals
Some commercial actions may necessitate outside approvals. Make sure to conduct your research before completing the business formation process. Otherwise, your professional license may be denied.
5. Submit Your Application
You are ready to submit your professional license application once you have collected all the required materials and selected a location for your business. Send the DED all of the necessary paperwork to obtain your professional license.
6. Pay License Fees
Keep in mind that obtaining a professional license is not free. You must pay both the license and the issuance fees to receive your license.
What Documentation Is Required to Obtain a Professional License in Dubai?
Businesses must follow the paperwork requirements set by governmental organisations in the UAE. To apply for a professional license in Dubai, you must provide the following paperwork:
- A copy of your passport
- Passport-size photographs
- A copy of your entry visa
You might need to submit additional paperwork depending on the nature of your firm. You can get assistance from the specialists at the Shuraa UK Branch with your company’s documentation.
What Is the Cost of a Professional License in Dubai?
The DED professional license fee in Dubai is about AED 18,000 and includes the following:
- Professional license fees
- Trade name fees
- Administrative service fees
- Government cultural fees
- Local fees, and many more.
The professional license in Dubai cost will change over time. The above service fees are among those included in the total price. Our specialists at the Shuraa UK Branch will explain your professional license cost and will also provide you with a thorough breakdown of any additional costs that could increase the final cost.
Get Your Professional License with Shuraa
When you partner with Shuraa professionals, obtaining a professional license in Dubai is easier than ever. Our team of seasoned professionals offers you round-the-clock assistance and has extensive domain experience.
They specialise in providing quick, dependable, hassle-free, and knowledgeable assistance to help you launch the best business for your needs. All you have to do is give us a call, and we will be there to take care of the rest!