Technical Services License Cost in Dubai
The selection of a business license plays a vital role in ensuring the smooth operation of a company. Entrepreneurs can opt for a professional license (for services like marketing), an industrial license (for manufacturing), or a commercial license (for trading), depending on their business activities. Within these categories, there are specialized licenses, such as the technical services license cost in Dubai, which is a subtype of the commercial license. This license is particularly beneficial as it encompasses specific and focused business activities. Approved operations under technical services Technical services encompass various business activities, providing business owners with various options tailored to their requirements. The technical services license allows for the following actions: Plumbing and sanitary contracting Electrochemical equipment installation Painting contracting and apparatus installation Insulation contracting and electricity transmission Plaster and cladding works Building-cleaning services Floor and wall tiling works Air-conditioning and ventilation Carpentry and floor contracting Engraving and ornamentation works Air filtration system installation and maintenance Satellite equipment installation and maintenance Electrical fittings Partition and ceiling contracting It’s important to note that there are additional activities covered by a technical license. Advantages of Obtaining a Technical Services License in Dubai Mainland The following are the advantages of obtaining a technical services license in Dubai mainland: Exemption from personal or corporate taxes. Permission to offer services to companies throughout the UAE. No minimum capital requirement for a mainland license. Eligibility to bid for government projects. No currency restrictions on activities covered by the technical services license in Dubai. Unlimited work visa applications with a technical services license. Opportunity to lease office space in Dubai. 100% repatriation of profits and income. Ease up your business setup process. No requirement for an audit report with this license. Advantages of Acquiring a Technical Services License in Dubai Free Zone Below are the advantages of acquiring a technical services license in the Dubai Free Zone: Cost-effective license packages tailored for diverse industries. Rapid and straightforward business incorporation processes in free zones. Enhanced by comprehensive business support services. Financial incentives, including 100% tax exemption and no currency restrictions, further contribute to the appeal of setting up a technical service company in UAE-free zones. Steps to Obtain a Technical Services License in Dubai, UAE The following are the steps to obtain a Technical Services License in Dubai, UAE: Securing a technical services license in Dubai is a seamless process with the assistance of experienced company formation consultants like Shuraa Business Setup. Follow these steps to swiftly acquire your commercial license: 1. Decide Between Mainland and Free Zone License Consider the benefits of UAE mainland and free zone locations, and select based on your business nature. 2. Company Name Selection Adhere to defined guidelines for choosing a company name, ensuring compliance with regulations for swift approval. 3. License Application and Documentation Submit your application to the Department of Economic Development (DED) for a mainland license or to the respective free zones for a free zone license. Ensure the accuracy and completeness of your application. Required documents for the technical services license application in Dubai include: Passport copies of shareholders Visa page/entry stamp Passport-size photographs (with a white background) Technical Services License Cost in Dubai In the United Arab Emirates, spanning seven emirates, the expenses associated with obtaining a technical services license in Dubai, Sharjah, or Ajman depend on several factors. The total cost is affected by the company’s size, the chosen business activity, and the selected location. The cost of a technical services license in Dubai mainland starts from AED 18,500* (USD 5,036*). Additional fees include DED approval, license registration charges, and municipal sponsor fees. Further, additional expenses may involve costs for employment visas, office space, and other overhead charges. Shuraa accelerates the launch of your business Dubai is recovering from the adverse impacts of COVID-19, and business prospects are currently at an all-time high. There is no more opportune moment for those seeking to establish a technical services business in Dubai. Shuraa Business Setup provides cost-effective company formation packages and expert services committed to constructing your enterprise from its inception. To contact our proficient business consultants, reach out to us today.