Professional License in Dubai, UAE
Getting an appropriate license is vital for starting a business in Dubai mainland. Trade licenses in Dubai/UAE are classified based on the type of business. And a valid license is the major prerequisite to start a business in Dubai. Based on the type of Business, Licenses are issued under 4 categories and they are:
Professional License
Commercial License
Industrial License
Tourism License
Professional license in Dubai, UAE refers to the type of license which permits professionals to start a business in the Emirates. Unlike other trade licenses, a professional license holder can do business in particular types of industries; Carpentry, Artisanship, Consultancy services, Printing and Publishing, Beauty saloons, Repair services, etc come under the professional license services in Dubai and UAE.
In short, a professional license is given to an individual or a single-ownership company to do any profession in which he/she delivers services based on their intellectual or artistic talent. However, if the business has more than one owner, it will be called a civil company. At Finex, we offer services to get a professional license in Dubai.
You might have a lot of doubts regarding the professional license cost in Dubai, issuance, formalities and all. We have been helping clients to set up professional entities at the location of their choice. Additionally, our team of professionals will share their expertise and experience with the clients to reap the best benefits of the professional company. This will be instrumental in deciding the area to establish the firm, renting of space and obtaining cordial support from the official authorities. By maintaining a strong relation with the authorized governmental agencies and officials, we have been ensuring that you get professional license in UAE without any delays.
Business Set up in Dubai Freezone
A Free zone is a geographical region or jurisdiction which is allowed to conduct a predefined trading activity or set of activities in the UAE. Business set up in Dubai Freezone requires a license and the Freezone licenses in Dubai and UAE are issued based on the particular business activity of the company.
The Dubai Freezone Licenses are issued based on the particular business activity of the company. Certain new free zone regions are under construction and therefore the total number of the free zone would rise in the coming years.
Free Zone Authority (FZA) is the governing body in charge of the activities related to a Free Zone company like license issuance and operation. The Commercial laws governing the UAE mainland companies are not applicable to the Free zone companies. One of the greatest benefits of business set up in Dubai Freezone is that foreign investors can enjoy 100% ownership. Apart from complete ownership benefits, monetary benefits like complete tax exemptions, 100% repatriation benefits, absence of foreign exchange restrictions are the added benefits of Dubai freezone company formation.
When your company is approved for the Freezone business, it is given any of the Dubai Freezone licenses such as Trade License, Industrial License, Service License, or National Industrial License by the Free Zone Authority. These freezone licenses in Dubai/UAE can be renewed annually as long as the lease agreement is in force.
You are supposed to select your desired free zone jurisdiction based on the type of business. Your business activity should match the category of the preferred Free zone. Even though offshore companies share some of the benefits of Freezone companies in Dubai, they are not identical.