Professional License in Dubai, UAE
A professional license is the business license required for individuals in Dubai offering specialized services. The professionals include doctors, engineers, teachers, lawyers, accountants, artists, consultants, and other skilled experts who provide legal services directly to clients. Also, companies engaged in service-oriented activities must get a professional license to operate legally in the UAE.
Professional license is strictly for specific service-based businesses. Even architects and architectural firms that offer design and consultancy services need this license. To qualify for getting this license, individuals must prove they have the specified qualification, training, and experience in their respective fields. Moreover, IT professionals, media specialists, and consultants also apply for a professional license to start their businesses legally in the UAE.
Types of Business Structures for a Professional License in Dubai
Businesses operating under a professional license in Dubai can have different legal structures. It solely depends upon the ownership and company setup. Here are the most common forms:
- Public Shareholding Companies (PJSCs)
- Limited Liability Companies (LLCs)
- Branches of Foreign Companies
- Branches of Free Zone Companies
Each of these structures may have certain restrictions on the types of professional services they can offer in the UAE. It is essential to check the regulations applicable to each industry before setting up a business.
Applying for a Professional License in Dubai
While getting a professional license in Dubai can be described as simple, there are certain components that make it complex. For instance, various documents such as proof of education, professional qualifications, and experience are required to be submitted. Moreover, the verification processes of authority credentials approvals can also be blended together and end up wasting a lot of time.
Seeking help from business consultants can make the application process much simpler for professionals. These consultants can help make the process more efficient, in turn avoiding wasting time dealing with excessive paperwork in adopting UAE law compliance procedures.
Advantages of having a Professional License in the UA
Having a professional license in Dubai has certain advantages like:
- No minimum capital requirement
- Tax exemptions (no corporate or personal income tax)
- Total return of capital and profits
- No restriction on foreign exchange.
- Freedom to work inside and outside the UAE
- Eligibility for a 10-year Golden Visa (for highly skilled professionals who meet certain criteria)
Steps to Get a Professional License in Dubai
Here are the steps to follow to own a professional license in Dubai:
Once you have gone through all of these steps, your professional license in Dubai will be granted, and you are legally allowed to operate your business in the UAE.
Facing difficulty in applying for Dubai professional license? Reach out to experienced business consultants who will simplify the process of application and facilitate smooth setup.