In Dubai, UAE, entrepreneurs and business people who engage in a service-oriented commercial activity must get a professional trade licence. Obtaining a professional trade licence can be advantageous in a number of ways. A professional licence allows entrepreneurs to hire staff for their businesses, rent office space, convert their professional licence to a mainland licence (if necessary), and much more.
So, if you’re interested in learning how to acquire a professional business licence in Dubai, there are a few things to consider.
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Here’s how to get a Professional License in Dubai, United Arab Emirates:
Professional Trade License Documentation
First and foremost, make sure you have all of the necessary paperwork to move the process ahead. To obtain a professional licence, necessary forms, passport copies (for tourist visas), UID number, jinsiyya or muwatana copy of the local partner, NOC in case of sponsoring an expatriate, and other permissions from authorities such as the municipality, RTA, health ministry, and others must be submitted. In such cases, the best course of action is to call Generis Global. Generis Global takes care of all the paperwork, so you can focus on your new business.
Economic Development Department (DED)
To obtain a professional trade licence in Dubai, you must contact the Department of Economic Development (DED). A fee will be charged by the Dubai DED, and a security deposit may be needed in some instances. In addition, the DED requires the submission of a BR1 form, a name reservation certificate, a tenancy contract, and an EJARI registration certificate.
Ownership that is adaptable
The most advantageous aspect of acquiring a professional licence in Dubai is the ability to operate as a sole proprietorship. The professional licence also allows you to expatriate and own 100 per cent of your company, which is not feasible with a tourist, trading, industrial, or other licence that requires a sole proprietorship or limited liability company (LLC).
Nonetheless, you will require the services of a local agent for any court matters. With Generis Global, we’ll operate as your local service agent, putting together a contract that protects your investment and ownership.
Only the following individuals are eligible for a Professional Trade License:
Companies that provide accounting and auditing services
Services in information technology
consulting services in management
Medical and healthcare services
Educational establishments and institutes
Advertising and Marketing Firms Legal Organizations
Are you interested in learning more about Professional Trade License? Or are you still undecided about whether a professional business licence is appropriate for your company?