In Dubai, the Department of Economic Development (DED) offers a variety of licenses for various enterprises. Commercial licenses are issued for trading activities, industrial licenses are issued for manufacturing activities, and professional licenses are issued for professional activities. However, we will focus on all you need to know about the DED professional license in Dubai in this article.
DED Professional License
Businesses wishing to engage in service-oriented activities in Dubai must get a DED professional license. It is also given to talented persons who have a professional degree and a large amount of experience in a specific field.
Entrepreneurs are frequently perplexed as to whether they should seek for a commercial or professional license in Dubai. Certain types of business activity are eligible for both commercial and professional licenses in Dubai. That is why, before applying for a trade license, it is usually a good idea to consult a business setup specialist.
In order to launch a business on the Dubai mainland, you must first obtain the required license. The type of business that requires a trade license in Dubai/UAE is categorized. And, in order to start a business in Dubai, you'll need a legal license. Licenses are divided into four categories based on the type of business:
- Professional Certification
- Commercial Permit
- Industrial Permit
- Tourism Permit
Read more :-Benefit of Setting up a DED Company
Who requires a DED Professional License in Dubai?
Every commercial or business activity in Dubai necessitates the acquisition of a trade license. The Department of Economic Development has created an administrative framework that divides various industries into several license categories, allowing for greater regulatory and constructive facilitation. However, it is critical that you select the appropriate trade license for your Dubai-based business.
A professional can be defined as a corporation or an individual who has received training in a specific field. The following individuals and businesses in Dubai require a DED professional license:
- Accountants, auditors, and financial advisors are all professionals who work in the accounting and auditing fields.
- Professionals in the Advertising Industry
- Artists in the field of entertainment
- Architects and Engineers. Professional Educators and Teachers
- Lawyers and Legal Advisor
- Business Consultants
- Medical Consultants.
- Carpentry and other artisanal pursuits
- Consultancies for Technical Services
- Services related to the internet and web design
- Salons of all kinds.
- Companies that provide accounting and auditing services.
- Services in Information Technology.
- Management Advisory Services
- Medical and Healthcare Services
This is the most commonly used list of activities that necessitate a professional license. Any Department of Economic Development website or office can provide you with a comprehensive list of activities that require a professional license. To make things easier, you should seek the advice of a business setup company that can assist you in determining which business license in Dubai best suits the type of your company.
Procedure for obtaining a DED professional license in Dubai
Following is the process for obtaining DED Professional License-
Document
The first step in obtaining a DED professional license in Dubai is to complete documents. It's a good idea to gather the necessary documents and have them ready ahead of time. The amount of documentation required is determined by the type of business.
The following are some of the most typical documents needed to apply for a professional license in Dubai:
- Fill out the application form.
- Passport Copy of the expatriate business owner
- Emirates ID copy of the expatriate business owner, if a UAE resident
- If the Expatriate business owner(s) is not a UAE resident, a copy of their visit Visa is required.
- Copies of the local partner's NOC from the expatriate business owner's sponsor's passport
- The DED has a list of additional approvals.
- The municipality and the Roads and Transportation Authority (RTA) have given their approval (if applicable)
The municipality and the Roads and Transportation Authority (RTA) have given their approval (if applicable)
Economic Development Department (DED)
In Dubai, professional licenses are issued by the Department of Economic Development. Dealing with the Dubai DED on a regular basis is therefore necessary. Though applying for a professional license with the DED in Dubai is simple, there is a procedure to follow. The DED will charge a fee, and in some cases, a security deposit may be required. The DED must also receive the BR1 form, name reservation certificate, tenancy contract, and EJARI registration certificate. Having the paperwork and DED requirements handled by specialists or a business setup company is a more expedient method to handle them. This helps to expedite the licensing procedure. This saves time and money by speeding up the licensing procedure.
Professional License Cost in Dubai
The following are included in the AED 15,310 professional license in Dubai:
- Fees for professional licenses
- Fees for using a brand name
- Market fees (depending on the tenancy amount) Service agent fees Cultural fees levied by the government
- Fees for administrative services
- Fees for local services.
Is it Legal for a Professional firm to Possess 100% of its Holdings?
The most appealing feature of a DED professional license is that it gives you complete control over your business in Dubai. Companies having non-professional trade licenses are required to collaborate with a UAE national. According to UAE legislation, the UAE native will own 51% of the company, while the foreign partner would own the other 49%.
With a professional license, all you'll need is a contract with a local service agent who will be paid an annual fee. However, you are the sole owner of the property. For all government-related actions, companies with a professional license in Dubai require the services of a local agent. We will operate as your local service agent with Dhanguard Business Setup, producing an agreement that will protect your investment and ownership.
Conclusion
With the help of an experienced business setup adviser, you may quickly obtain a professional license in Dubai, UAE. If you're looking to start a professional business in Dubai or the United Arab Emirates, Dhanguard Business Setup Services is here to help.
We have been instrumental in the successful formation of various professional agencies, extending our wholehearted support to customers. Dhanguard has established itself as one of the most trusted business setup services in the country by giving dependable and trustworthy services.
In Dubai and the United Arab Emirates, we provide high-quality Professional License services. Our professional license services include obtaining clearance from the appropriate authorities, locating a local service agent, establishing a Memorandum of Understanding with the agent, and managing all documentation requirements. If you require a professional license in Dubai, please contact us; we would be delighted to assist you. We also offer Professional License Renewal services in Dubai and the United Arab Emirates.