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SFM IN PRESS

Now is the right time for re-domiciliation in the UAE

2 July 2020

Why is now the perfect time to consider domiciliation for the UAE? [..]

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Essential things you need to know about VAT registration in the UAE

8 April 2020

Value added Tax or VAT was introduced in the UAE on 1st January 2018 at the rate of 5% [..]

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DUBAI PROFESSIONAL LICENSES

Our Commitment

  1. Your Dubai Professional License issued within 10 working days. *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. UAE Residency Visa for you and family members.
  5. Setting up your company with a bank account including eBanking and debit card
Dubai Professional License Company

Dubai Professional License Company characteristics:

Company type Sole Proprietorship or Civil Company
Governing corporate legislation Department of Economic Development Dubai
Information published relating to company officers No public register of company officers
Confidentiality Complete confidentiality
Accounting requirement No accounting or reporting requirements
Taxation No corporate taxes
Legislation UAE Civil Code
Standard currency UAE Dirhams pegged to USD
Time to form 10 working days
Communication Efficient communication
Local sponsor requirement Local service agent is needed
Residence Visa issuance Residence Visa issued

Information concerning Dubai Professional License

Dubai Professional License

Foreign nationals may own 100% of the firm in most cases. However, exceptions exist in certain sectors and you must involve a UAE national either in holding a certain number of shares in the company, or with an active involvement in the company management.

This type of incorporation allows the license holder to operate a business, be it accounting, medical, consulting etc. This versatile license is one of the most common due to its flexibility. It’s especially useful in the management consultancy area. It permits you to bill companies established in the UAE and abroad for your services, and to hold UAE and worldwide bank accounts. For this license, one must hold office space in the UAE. SFM can help identify suitable premises and arrange virtual offices.

If you want to learn more about commercial licenses in the UAE, check out Dubai Commercial Licenses here.

* Please see our Terms & Conditions