Elevate Your Career: Professional Licenses in Dubai Explored
Are you someone who aspires to set up their business in Dubai but needs help with the intricacies of obtaining a professional license? Achieving success in Dubai's dynamic business environment requires understanding the subtleties of licensing, regardless of your role as an entrepreneur, consultant, or service provider. Getting a professional license in Dubai is essential if you're an entrepreneur or business owner looking to offer professional services. This article covers all the information you require to obtain a professional license in Dubai. Find out which business operations need a professional license, how to apply, and the advantages of holding one.
What is a Professional license in Dubai?
One must have a professional license to set up a business in Dubai. A professional license is given to an individual or a single-ownership company to do any profession in which he/she delivers services based on their intellectual or artistic talent. A professional license in Dubai is a permit issued by the Department of Economic Development (DED) that authorizes individuals or companies to provide specific professional services within the UAE. The professional license is intended for individuals who offer professional services, unlike commercial or industrial licenses, which are more focused on trade and manufacturing. This could include everything from IT and medical services to consulting firms and craftspeople selling their creations.
Why set up a Business in Dubai?
Dubai is desirable for investors and entrepreneurs to set up their businesses because it provides several benefits. Mentioned below are a few main benefits:
Strategic Location
Dubai's advantageous location is a gateway to Africa, Europe, Asia, and the Middle East. Due to its strategic location, this area is perfect for companies with global goals.
Business-Friendly Environment
Dubai is renowned for its business-friendly atmosphere, low red tape, and effective public services. The city has put policies in place to expedite procedures, which makes it simpler for companies to open and run.
Tax Benefits
Tax benefits are available in many free zones in Dubai, such as zero corporate and personal income tax, exemptions from customs duties, and capital and profit repatriation.
Different Types of Licenses in Dubai
Businesses are categorized while operating in the Emirates depending on their business type or trade license. The Department of Economic Development (DED) may grant different types of licenses based on your type of business, including the following:
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Commercial License
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Industrial License
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Professional License.
Who needs a Professional license in Dubai?
Individuals or businesses engaged in service-oriented professions and activities in Dubai are typically required to hold a professional license. While specific requirements vary depending on the nature of the company and the licensing jurisdiction (mainland or free zone), the professionals listed below are typical examples of those who frequently require a professional license in Dubai:
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Consultants
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Legal professionals
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Healthcare professionals
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Engineers and architects
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Accountants and auditors
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IT professionals
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Media and advertising Professionals
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Education and Training Providers
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Real estate professionals
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Tourism and travel professionals
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Event management professionals
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Creative professionals
Documents required to obtain a professional license
As part of the application process, you must submit several documents to get a professional license in Dubai. The precise requirements may change depending on the kind of business activity, the preferred business structure, and whether you are establishing in a free zone or on the mainland. The following is a broad list of documents that are often needed:
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Passport copies
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Visa copies
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Emirates id copies
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Business activity approval
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Memorandum of Association (MOA)
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Trade name reservation certificate
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No objection certificate (NOC) from the sponsor
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Support from other regulatory authorities
Note: Documents may need to be attested, translated into Arabic, or notarized, depending on the requirements of the licensing authority. Always verify the specific documentation requirements with the relevant authorities.
Advantages and benefits of professional trade license
Whether obtained on the mainland or in a free zone, a professional trade license in Dubai offers several advantages and benefits for individuals or businesses engaged in service-oriented professions. Mentioned below are some key benefits of a professional license:
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100% foreign ownership
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Legal authorization
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Global Recognition
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Access to free zones
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Tax advantages
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Full repatriation of profits
Procedure to obtain a Professional License in Dubai
Obtaining a Professional License in Dubai entails a series of steps, and the specific process varies depending on factors such as the nature of the business, the business structure chosen, and the licensing jurisdiction (mainland or free zone). The following is a general outline of the steps involved in obtaining a Professional License in Dubai:
Partner with Dhanguard
Suppose you're starting the process of securing a professional license in Dubai—partner with Dhanguard. Our experts will handle every aspect of your professional license application and company registration. We'll walk you through every step, from the first step to the day you can begin trading.
Determine your business activity
Your professional license depends on the business activities you choose. You are limited to conducting the business activities you selected for your professional license. Penalties may arise if you do not include all your professional activities on your license application. More than 2,000 professional activities are available, so working with a business setup specialist is advisable to ensure your business activities and license application are in line. Dhanguard will help you with this entire business venture selection and will safeguard your venture against any penalties issued for your professional license.
Legal Structure
Choose a legal structure for your business. Options include sole proprietorship, partnership, or limited liability company (LLC). The system may impact the licensing process. Experts from Dhanguard will guide you in making an apt decision.
Select a trading name for your business
Select a distinctive trade name for your company and submit a DED reservation request. In the UAE, a business name must be reserved for all companies with the Registry Office. Regarding this, the government has tight regulations. The company's trade name may contain your name, but it must be used in its entirety rather than just your last name or initials. The company name cannot have any derogatory or vulgar language, nor can it make any mention of Islam or Allah. Before providing you with a reserved trade name certificate, the Registry Office will verify that the three names you have submitted are available and compliant. Dhanguard will make it easy for you to select and register your company name.
Application for initial approval
The final step before submitting your application for a professional license is to request DED initial approval. When a business receives initial support, it indicates that the DED has no issues with it and that it complies with all applicable laws and regulations. This does not, however, constitute permission to start trading.
Applying for your professional license
After receiving initial approval from the DED, you can send your professional license application and supporting files to the DED. Payment for your professional license will be necessary after the government has examined your application and granted you a license. At that point, you can start exchanging your skills.
Cost of professional license in Dubai
The type of business activity, the preferred business structure, and the jurisdiction (free zone or mainland) can all affect the cost of a professional license in Dubai. Several variables determine the sum, including tenancy agreements, government and administrative fees, specific professional license fees, and more. For an accurate quote, reach out to Dhanguard's expert team.
Renewal of professional license in Dubai
The professional license only has a one-year validity. To ensure your business's continued legality and operation, you must renew the professional license. The following documents are required to renew a professional license in Dubai:
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Copy of Professional License
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Copy of office lease contract
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Approvals from relevant authorities
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Employees' accommodation details for companies with a foreign shareholder.
Once all these required documents are ready, you must submit renewal application forms and fees. The DED is then required to approve this application and initiate the process further. The renewal process is completed after the final approval from the DED is received.
Conclusion
Dubai offers business owners and entrepreneurs a great place to start and grow their companies. With so many options, this city provides an excellent platform for anyone to launch a new business. There are a lot of intricacies involved in starting a professional company in Dubai, but with the right advice and knowledge, it can go smoothly. Obtaining a business license is one of the initial steps towards starting your enterprise. Dhanguard will be your strategic partner for this journey, ensuring you get your professional license in Dubai quickly.
To ensure you take advantage of a professional license, Dhanguard offers insights into its importance and benefits. From choosing your business name to submitting your professional license application, our knowledgeable specialists will walk you through every step. They will also provide a transparent pricing structure to get an appropriate quote for your needs. Dhanguard is your trustworthy resource. Connect with us Today to get your Professional License in Dubai.
