All commercial or business activities in UAE require the appropriate trade licenses to be performed in the UAE. The Dept. of Economic Development or DED in UAE has designed a system that integrates diverse economic sectors into several different licensing options for businesses, providing better regulatory facilities. An individual or company with trained skills may apply for a professional license in Dubai.
Follow these steps to acquire a professional license in Dubai and start operating in the emirate:
The requirements for acquiring a business license in Dubai will depend on the types of activities that will be practiced. Apart from the requirements, fees and conditions for establishing a business will also differ. For professional licenses in Dubai, here are the documents to prepare:
There’s a range of business legal forms which commensurate with business activities in Dubai. The laws, conditions, and requirements of legal forms greatly differ, depending on the nature of the company to be established. The most common legal forms that require a professional license in Dubai to operate are as follows:
Following the determination of your business’ legal form, you should then have a trademark or trade name approved for your business. A trade name will distinguish your services or goods from all other facilities in the country. The trade name of your business must be in relation to the nature of your business’ economic activities, as well as its legal form.
The rules and guidelines for company name reservation are as follows:
Following the issuance of a trade name certificate, the next thing to secure is the Initial Approval of local authorities. The Initial Approval will entitle your business to proceed in acquiring the other necessary approvals of relevant government regulatory bodies. The authorities to seek approval will depend on the economic activities you intend to perform in the emirate of Dubai and the jurisdiction in which you register your company with.
Upon getting the Initial Approval, you’ll be entitled to approaching all concerned authorities in getting the final required approvals for establishing your business in Dubai. It’s worth seeking the advice and guidance of business setup specialists in Dubai as there is a high chance you will have to deal with red tape to complete this step.
When you’ve secured the approval of relevant authorities in UAE for your business setup in Dubai, then pay the prescribed fees and get the professional license in Dubai.
To know more about professional licenses in Dubai, call us here in FAR Consulting Middle East today!