Business Set up of Professional License in Dubai - Prodesk

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Business Setup of Professional License

• IN DUBAI

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• DUBAI is the new and upcoming hub of the global
  market and is strengthening its position
  continuously. Investments are being made in Dubai
  on a huge scale.
• We, at Prodesk, provide you an assistance at
  every stage for the establishment of your
  business.

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What is a Professional License

• To set up a professional firm, permission for
  100 foreign ownership and sole proprietorship is
  granted. These kind of firms are involved in
  professional or artisan activities. A local
  resident of UAE has to be appointed on a
  mandatory basis as a Local Service Agent (Wakeel
  Khidmaat), however, has no direct participation
  in the business and an amount is paid as
  sponsorship fees every year.
• Trading, Industrial and Tourism Licenses can be
  made LLC, or Sole Establishment with UAE
  National's 100 ownership. Expatriate investor
  cannot take 100 ownership of these licenses. But
  in Professional License, 100 expatriate
  ownership and sole proprietorship are permitted.
• CIVIL COMPANY A Civil Company is one which has
  more than one Professional License.

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Why do we need a Professional License

• Prodesk assists you with the various kinds of
  business which need a Professional License. There
  are a number of activities which require
  Professional License and we provide all the
  necessary details for the same.
• If your business activity or activities fall
  under the "Profession License" category, then a
  100 ownership can be retained in your
  organizations. A U.A.E. National Sponsor still
  will remain a mandatory requirement which Prodesk
  will provide you, however, the Sponsor will not
  be owning any age of shares instead would only
  be "Agent" who represents you before the U.A.E.
  Government for formalities such as Visas, Work
  Permits, License Renewals etc.

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Professional Business Activities include but not
limited

• Businessmen Service
• Carpentry
• Cleaning Services (this activitycan be made LLC
  if it is added with other activities
  like Technical Services)
• Consultancy Services (All types)
• Computer Graphic Design Services
• Document Clearing
• Garage

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• Internet Content Provider
• Printing and Publishing
• Repairing - Watch, Mobile etc
• Saloon (gents and ladies)
• Security Services
• Typing Photocopying
• Training (all types)
• Web Design ext...

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Steps to get Professional License in Dubai

• Reserve a name for your organization with
  Department of Economic Development (DED)
• Fees Dh260 including service charge.
• An extra fee of Dh2000 per year is charged for
  any Foreign/English words, including short
  words/Abbreviation when getting the license
  renewed. First time fee is suggested to be paid
  together with the first license fees.
• Note Countrys Name, Continents Name, Names of
  Known regions Towns, Color (blue, red etc.) are
  a few names that cannot be reserved.
• Initial Approval by Department of Economic
  Development (DED) is granted with a fee of Dh110.

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Documents required for initial approval

• Filled form
• Passport Copies of Partners
• Naturalization book's, copy of Local Partner
• No Objection Letter from the sponsor for
  expatriate partners (NOC is not required for
  visit/Tourist visa holders and their visa copy
  should be attached).
• If UID Number is not mentioned in the
  Visit/Tourist/Transit visa, it has to be
  collected from the Immigration Department on
  payment of Dh130.
• Some activities require initial approval from
  concerned departments (eg. Municipality, RTA,
  National Media Council etc.)

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Steps

• Type Local Service Agent Agreement appointing UAE
  National as Service Agent of the Establishment
  from a legal translator and get them attested
  from Notary Public at Al Tawar Centre.
• Legal translator's seal is not required if the
  agreement is only in Arabic.
• You should mention Sponsor's yearly fees in this
  Agreement.
• If there is more than one owner, you should make
  one more agreement (Civil Company Partnership
  Agreement) and get attested from Notary Public.

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With PRODESKBe an Entrepreneur..