Professional License in UAE Freezones & Mainland
Professional License in UAE
Update: The recent amendments in the Commercial Companies Law in the UAE mainland have brought a welcome change for obtaining a Professional License. Now, entrepreneurs no longer need to appoint a Local Service Agent, making the process more streamlined and eliminating unnecessary requirements. This significant development not only simplifies the process but also enhances the overall experience for aspiring professionals.
The Professional License type is widely coveted in the UAE, establishing itself as the most sought-after trade license category. This license, accessible in both Free Zones and the Mainland, entails a series of steps for acquisition. One of its notable perks is granting investors the privilege of 100% foreign ownership.
Previously, it was mandatory for a UAE local service agent to acquire a professional license in the mainland of UAE. However, in the professional license category, it is now permissible for foreigners to have 100% ownership, eliminating any involvement of the local service agent in ownership or operational matters.
Professional License in UAE Free Zones
The demand for Professional Licenses in UAE Free Zones is soaring, driven by the multitude of benefits they offer. These Free Zones provide a diverse array of cost-effective business setup packages that allure investors with their attractiveness.
UAE Free Zones provide a wide range of initiatives that foster business growth. These initiatives encompass waiving government fees, reducing share capital requirements, expanding business activities, enabling dual licenses, and offering affordable company license packages. With these offerings, entrepreneurs can leverage a supportive ecosystem to drive their business forward.
Establishing offices in the Free Zones offers numerous business advantages. The presence of state-of-the-art infrastructure allows companies to effortlessly expand and thrive, unlocking unprecedented growth potential.
Let’s now delve into the process of setting up a business in the UAE Free Zones.
Types of legal businesses in Free Zones.
The Free Zones of UAE encompass two primary categories of legal business types.
- Free Zone Limited Liability Company (FZ LLC) or Free Zone Company (FZC)
- Free Zone Establishment (FZE)
The primary distinction among legal business types lies in the number of shareholders. Depending on the shareholders’ count, investors have the flexibility to select from various legal business types available to them.
The legal structure of a company can differ based on whether the shareholder is a holding company or an individual owner. It’s worth noting that not all Free Zones in the UAE register both types of shareholders.
When faced with such situations, it is advisable to seek the guidance of proficient Business Consultants like Pro Consultancy UAE. They can aid in selecting the appropriate legal structure based on your business needs. Moreover, their team can evaluate the feasibility of your desired business activities across different free zones in the UAE.
How to get a Professional License in UAE Free Zones?
To get started, meticulously choose the suitable business type and activity. Then, verify the trade name. Subsequently, collect and submit all required documents and make the fee payment. Lastly, acquire a professional license in a UAE Free Zone and select an office space that aligns with your requirements.
Moreover, it is crucial to obtain all required pre-approvals and register the company’s details with the Chamber of Commerce. Lastly, ensure prompt payment of any outstanding dues to the respective Free Zone and acquire the Professional License from the UAE Free Zone.
PRO Consultancy will expertly facilitate the acquisition of all essential approvals by promptly and effectively submitting the requisite documentation to the authorities of the Free Zone.
Professional License from the Mainland in UAE
Foreign investors in the UAE mainland can enjoy complete ownership. Acquiring a professional trade license in Dubai Mainland presents numerous advantages, offering investors the opportunity to establish a Civil Company while applying for the license.
As of now, it is no longer mandatory for UAE Nationals to serve as local service agents for business licensing. Previously, these agents would oversee administrative procedures in exchange for an annual fee. This change streamlines the process, eliminating the need for such intermediaries.
Currently, there is no longer an obligatory need to have a UAE National as a local service agent for a successful completion of the business licensing process. The Dubai Economy, or DED, is responsible for issuing the Professional license in Dubai Mainland.
Guide to Obtaining a Professional License in the UAE
If you’re looking to acquire a professional license in the UAE, here’s a step-by-step process to help you navigate through the requirements and procedures.
To obtain a Professional License from the Mainland of UAE, follow these steps:
- Fill out the application form.
- Create a Memorandum of Association (MOA) with the Dubai Economy for your new company.
- For Civil Company registration, additional documentation is required.
- All partners must attend the notary to sign the court agreement.
- Ensure that the tenancy contract approval is ready.
- Submit all the attested forms to the Department of Economic Development (DED).
- Provide passport copies of the partners and any NoCs to the DED.
- Make the required payment for the professional license issuance using authorized payment options specified by the DED.
Which individuals are required to obtain a Professional License in Dubai?
The services sector in the UAE presents a substantial demand for dependable service providers. Individuals and companies have the opportunity to contribute their consultancy services in the UAE by obtaining a professional license in Dubai. This not only enables them to establish trust and credibility, but also allows them to offer their expertise in meeting the diverse needs of clients.
Here are the activities that fall under the Professional License in Dubai.
- Construction Engineering Consultancy
- Electronic Engineering Consultancy
- Mechanical Engineering Consultancy
- Science & Technology Consultancy
- Safety Consultancy
- Advertising Consultancy
- Fashion Designing
- Hotel Management Consultancy
- Facilities Management
- Immigration Consultancy
- Corporate Services Provider
- Educational Consultancy
- Health Awareness Consultancy
- Marketing Research & Consultancy
- Project Management Consultancy
- Media Consultancy
- Event Management Consultancy
- Travel & Tourism
- Health & Fitness Consultancy
- Real Estate Consultancy
- IT Consultancy
- Aviation Consultancy
Professional License Renewal in Dubai
The Professional License in Dubai, UAE must be renewed annually. The process for renewing the company license may vary slightly based on the specific business jurisdiction. This entails enhancing the writing quality by optimizing word choice, improving structure, enhancing readability, and adding eloquence, while still preserving the original meaning.
To commence the process of License Renewal, companies usually have to submit their documents to the appropriate authorities. PRO Consultancy specializes in aiding investors with license renewals and offering extensive business support services, enabling them to focus on their primary operations.
Here are the steps to successfully renew a Professional License in Dubai.
- To ensure a smooth professional license renewal process, it is important to have a valid tenancy contract of at least 3 months from the application date. Therefore, make sure to renew your tenancy contract before applying for the license renewal.
- Get the required approvals from the authorities to renew the license.
- A Professional License does not require any additional government authority clearance, unless the business activity is listed for pre-approval.
- Submit the valid tenancy contract, Ejari attestation, and renewal form to the DED.
- Additionally, please submit any necessary supporting documents to the DED according to the specified requirements.
- Please ensure that you make the payment using the authorized channels to receive your renewed Professional License.
Whether you require assistance with establishing a free zone company, forming a mainland company, or renewing licenses in Dubai and UAE, we are just a message away! Feel free to reach out to us at any time, and we will be more than happy to provide our dedicated support and guidance.