Things to Know about Dubai Professional License
Things to Know about Dubai Professional License
What is Professional License?
When a person needs a designation to assure qualification to do a job or a task, he would need a Professional License or a Professional certification. It is also known as trade certification or professional designation. When a professional company is owned by more than one person, it is called Civil Company.
Dubai Professional License
When partners of the company spend their energy and intellectual thoughts to the roots of the company, a professional company comes into being. For example, a Real Estate Agency, a Web Design Agency or an E-Commerce Business. These are the firms that depend on the individual’s level of skills, talent, specifications and experiences.
To attain a Professional license in Dubai or UAE, shareholders of the company need to meet the basic requirements of educational qualifications and to use the correct way for a business in Dubai.
100% foreign ownership, expatriate ownership and sole proprietorship are permitted to set up a professional company in Dubai. You would need a UAE National, Local Service Agent but he wouldn’t be able to involve in company’s activity directly and will just get the yearly sponsorship fees. Local Service Agent helps to get license, visa, labor card and other certifications.
Professional licenses are not issued to one company but to the individuals of a company based on their intellectual abilities and academic achievement. Consultants, lawyers and auditors fall in the same category of professional licenses. There are so many professional license categories in UAE and Dubai, such as: professional engineering license UAE, professional lawyer license, professional consultant license, Dubai healthcare city professional license, Dubai economy professional license etc.
Key Points Related to Professional Companies’ License
- Expatriate shareholders can own it 100%
- A Service Agent is needed that must be a UAE National
- Service Agent wouldn’t hold share in the company.
- Service Agent will get yearly fees
- There are no share capital requirements
- Shareholders are bound to show a valid degree, experience certificates and other relevant documents
- Office renting and attaining Ejari are mandatory
- If a Professional Company included a UAE National as 51% share holder and owns only 49% then it would call a limited liability legal structure.
The government agency, Department of Economic Development is responsible to issue these licenses.
How to Get a Professional License in Dubai?
Following are the steps to be taken when willing to get a professional license in UAE.
- DED (Department of Economic Development) registered Trade Name
- Department of Economic Development approval to get started with the activities of the company. Dh110 Fees to get approval will be paid directly to DED.
- Approval for Tenancy Contract from Municipality
Professional license cost in UAE and Professional license cost in Dubai are same. Dh260 will be charged to get licensed professionally. You will need to pay the fees every time when you need a license renewal.
Documents Required for initial Approval and to get Approval for Tenancy Contract from Municipality
- A Form filled by individual
- Partners’ Passport Copies
- Local Partner’s Copy of Naturalization book
- No Objection Letter from the sponsor for expatriate partners
- Municipality, RTA, National Media Council etc. need initial approval from concerned departments
- Get (BR1) form
- Trade Name Reservation Certificate
- Get Initial Approval
- Tenancy Contract and EJARI Registration Certificate
Submit the attested Agreement, Passport copies of owner/partners and NOC for expatriate owner/partners (if any). Make payment and get the license, Payment voucher will be issued along it.
How to get Sponsored by a Local UAE National with the help of EBMS
Everyone knows that starting up a business is always challenging whether it is in Dubai or somewhere else. You just have to keep few points in your minds that would help you starting and setting up a profitable company in Dubai. You have great margin of business opportunities available in Dubai territory but eventually you are going to need a locally registered LLC business to start your company.
You will need a local sponsor that must be a UAE national with 51% partnership in your business. It would help you greatly in residing or locating your company anywhere in Dubai city. It means you can easily have an affordable location for your company setup. A good relationship with your local sponsor would guarantee your success in business as he will be helpful in facing and sorting out all the problems with authorities. He will help you and your business out as a service agent in UAE. A well organized and detailed agreement must be prepared along stating the responsibilities, duties and fee of the sponsor. You will also need a no-objection certificate from your local sponsor to activate your business.
EBMS will help you through the whole process thoroughly and will not only arrange a potential partner for you but will also provide you all legal services to overcome all the obstacles.
Get a registration agent to startup your company
The best option to get registered is to hire a business advisory firm for your business. These legal consultants will not only help you in understanding the whole process but also help you in registering your company. They will help you in opening bank account, arranging auditor for your company, and will also offer you more services to give boost to your business and fasten up the startup process. They will handle the matters with government and free zone authorities and also will help you out in planning and organizing everything.
The above mentioned steps are for general idea as how to startup a new company in Dubai. It is more efficient approach if you hire a local business advisor to setup and register your company. They help companies and firms in formation of new business in Dubai through registration, tax advisory, and with many other services. They take care of your business purpose, vision and objectives and are trained to provide you with best services for your new business. So, Setting up a company in Dubai couldn’t be that much difficult if you get advantages from the expertise of a legal consultant or advisor.
We have an infinite and endless list of companies established and activated by our experts in UAE. We did not only form mother companies but also help the branches of the companies and representative offices to come into a successful shape in entire UAE.
EBMS is fully equipped to handle all necessary legal processes for Pro services. EBMS has successfully established the strong professional bonding with the government authorities and other professionals to provide the best PRO services to its clients.
EBMS considers and treats you as an individual task and helps your company personally through the whole process. We take great care of your business requirements and make sure that you are going to get the best out of it.
We offer a comprehensive PRO services for the foreign investors that are professional business persons but still cannot handle the complex governmental issues and are not able to deal with the documentations.
The smooth and step by step process leads to get a Professional Company License successfully. EBMS is at your service to cope up with all possible conflicts to the Government Administration regarding Professional company formation. EBMS
guides you from getting licensed to the successful business formation through all efficient ways of business strategies.
You need an authorized company registration agent or professional business consultants in UAE to guide you through the whole process. EBMS provides you comprehensive range of services from getting registered to fully functional stage of your Business. Give your fate a chance and try to explore easy and efficient way of business startup with our professional business services providing staff.
If you want us to help you throughout the process, you can avail our business setup in dubai services.