The Department of Economic Development (DED) gives different kinds of licenses to businesses in Dubai. Trading activities require a commercial license; Manufacturing activities require an Industrial license and for professional activities, a professional license is required which is given to the companies.
What is a professional license in Dubai?
A service-oriented company or skilled trade laborers in Dubai need to get a professional trade license so to practice their expertise in the United Arab Emirates UAE as well as to earn an income out of it.
Most of the time, business people are not are sure and confused if they should apply for a professional license or a commercial license in Dubai. Some business activities can be considered for both the licenses – professional as well as a commercial license in Dubai.
Who requires a professional license in Dubai?
Any commercial or business activities are subjected to licensing in Dubai. The Department of Economic Development (DED) has organized an administrative system that segregates the diverse sectors in various licensing options giving better constructive and regulatory facilities. However, one must select the right license for his/her company set up in Dubai.
Any individual or company with trained skills can be named as a professional. Individual who require a professional license in Dubai are as follows:
- Financial Advisors
- Cleaning Services
- Event Organizers
- Educational Services
- Business Consultants
- Real estate
- Legal Services
- Medical clinic
- Art production
- Technical Services
- Motor and motorcycles driving institute
- Consultancy Services
- Printing and Publishing services
- Internet Services
- Web Design Services
- Sports club
- Beauty Salons
These are the just most rare list describing the professional activities under which the license is needed. To make things simpler it is ideal to counsel the best business setup company that can guide you to decide and select accurately which business license in Dubai will suit the nature of your business.
Steps on how you can get a professional license in Dubai
To order to get the license in Dubai the first step is the paperwork. Getting the right paperwork and the required documents beforehand can be advisable. There is a lot of paperwork that may be required relying on the nature of your business.
Below are some of the required paperwork and documents:
- Application Form
- Passport Copies
- UID number
- Local partner passport copy
- No Objection Letter
- Approval from the Department of Economic Department (DED)
- Approval from the Municipality and Roads & Transport Authority (RTA) (if applicable)
2. Department of economic development (DED)
DED issues the license in Dubai. Therefore, dealing with the Department of Economic Development regularly is important. While getting the license is easy in Dubai with the Department of economic development, but there is a process, which needs to be followed. The Department of economic development will charge a fee and a security deposit may be required. Other documents such as tenancy contract and name reservation certificate are also required. It is good if you counsel business consultants for your business license.
Advantages of professional license in Dubai
- 100% foreign ownership
- Tax benefits
- Low freight charge
- Low operation cost
- Inexpensive and abundant energy
- Exemption from all the import and export duties
- Readymade offices, warehouses, and factories
- Freedom of recruit expatriates
- Freehold office available on rent
- No foreign exchange control
- Free transfer of funds
Why MSZ consultancy?
MSZ consultancy will take care of all the paperwork and in getting approvals from the UAE government. We at MSZ will also assist you in renewing your license. Having a professional license in Dubai comes with a lot of advantages such as getting a corporate bank account, applying for visas and licenses. However, if you wish to start a company in Dubai, you must have a business license. Do contact us at +971 52 544 1248 or mail us at email@example.com if you want a professional license in Dubai.