With SrvCorp, you don’t have to miss even a single night’s sleep burdened and anxious about the bureaucratic system associated with the UAE mainland company setup process, regardless of whether you are a start-up, small business, or an individual certainly requiring your own trade license.

Before being authorized to offer their expert services to customers, businesses and entrepreneurs in the UAE must acquire a professional license from the Department of Economic Development. Establishing a person or company’s eligibility to offer services in a particular profession is the goal of professional licensing. The authorization of these licenses generally necessitates the applicant to demonstrate specific abilities or training.

Several business structures are feasible when a professional license is obtained: these structures include a civil company or sole establishment where the foreign investor(s) owns 100% of the business; a limited liability company where a local sponsor owns 51% of the business. Moreover, a UAE national must be assigned as a local service agent to finalize the legal formalities when establishing a Civil Company or a Sole Establishment.

Professional License Cost

The cost of obtaining a Professional Service License varies depending on the type of business and the number of owners. The cost of forming a company must also be properly considered. A business setup consultant with knowledge of company formation can give you a price estimate for the entire procedure. To get to know the price estimate for your business – Contact Us

Professional Service License Renewal

Every year, your professional service license must be renewed. It is crucial that your training credentials are still valid while applying for renewal. In order to keep your training credentials valid when renewing your professional service license, it is a good option to get re-certified if your profession requires any time-bound credentials.

One month before it is due to expire; you can renew your professional service license to have its validity for an additional year. You may be subject to late fees if you apply for your Professional Service License renewal after it has expired, and you are unable to continue operating your business until the Department of Economic Development in the Dubai where your office is located has renewed your Professional Service License. Your professional service license can be renewed with the assistance of ServCorps’ business setup consultant.

Benefits of Acquiring a Professional License in Dubai

Beginning a service-related business in Dubai has many benefits.  The benefits of getting a professional license in Dubai are as follows:

1. Foreigners have full ownership of the company.
2. Convenient corporate tax laws.
3. No individual taxes.
4. 100% return of capital and profits to the country of origin.
5. Appealing to market with a sizable customer base
6. Availability of a wide range of business activities