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Good News: UAE No Longer on European Union Blacklist

22 February 2018

The European Union recently removed several countries, including the UAE, from its “blacklist” of Uncooperative Tax Havens. The move is due to the country’s improved tax transparency. In addition, 113 more agreements between the UAE and EU were set down to avoid the double taxation problem, including 8 that would mean greater tax information exchange.[...]

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Benefits of Setting Up a Shams Free Zone Company In the United Arab Emirates

15 January 2018

Globalization has meant that if you wish to set up a new company, such as an Ecommerce, consultancy or trading business, you don’t have to sieve through commercial property pages in your local area. With places like Dubai around, you can save yourself a lot of dollars by taking your business there, as the Shams Free Zone offers a lot of concessions to businesses...

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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 typeSole Proprietorship or Civil Company
Governing corporate legislationDepartment of Economic Development Dubai
Information published relating to company officersNo public register of company officers
ConfidentialityComplete confidentiality
Accounting requirementNo accounting or reporting requirements
TaxationNo corporate taxes
LegislationUAE Civil Code
Standard currencyUAE Dirhams pegged to USD
Time to form10 working days
CommunicationEfficient communication
Local sponsor requirementLocal service agent is needed
Residence Visa issuanceResidence 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.

* Please see our Terms & Conditions