Dubai Professional Licenses

Civil Companies are allowed to engage in a professional or artisan activity, and set up a professional firm. A UAE National must be appointed as Local Service Agent and he is paid a lump sum or percentage of profits but has no direct involvement in the business. THE NEXT ERA GROUP OF COMPANIES will provide the advantage of corporate partnership acting as the local corporate service agent effectively giving full control of the company to the foreign partner.
Partners in professional licenses are not required to show Capital deposit certificate from bank to authorities for incorporation.

This license is issued to businesses that wish to engage in professional services/activities or non-commercial activities. In most cases, this is related to professions that require a specific type of expertise where a university degree has to be presented.

This is one of the most common and popular licenses especially in the management consultancy sphere as it allows businesses the ability to bill all forms of legal entities established in the UAE and abroad for services. This also entitles the holder to have bank accounts in the UAE and worldwide.

For this license one must have an office space in Dubai and Next Era can help you to identify such premises.

Corporate Features

Company Type

Sole Proprietorship or Civil Company

Licensing Authority

Department of Economic Development Dubai

Legislation

Department of Economic Development Dubai

Legislation

UAE Civil Code

Confidentiality

Complete Confidentiality

Accounts and Audits

No accounts or Audited Accounts Required

Minimum Share Capital

No Minimum Share Capital

Taxation

No taxes

Currency

UAE Dirham

Time to Form

10 working days

Issuance of Visa

10 working days

Local Sponsor Requirement

Local Service Agent is required

Office Space Required

A 1 year Tenancy Agreement for Office Space is required in order to issue the Trade License.