Professional Service License
A Professional Service License is granted to certain categories of professionals, such as those in the following fields
With a Professional Service License, you can enjoy 100% ownership of your company. However, it is important to have a Local Service Agent for your company. The Local Service Agent must be an Emirati (this is the term used to refer to those who are citizens of the United Arab Emirates) who has attained the age of 21 or a company incorporated in the United Arab Emirates that is fully owned by Emiratis.
The Local Service Agent legally represents your company before Government agencies and is to be paid a Local Service Fee in return for his/her/its services. You need to enter into a Local Service Agreement that clearly outlines the Local Service Fee with the Local Service Agent and get it notarized by a Notary Public. Depending on the Local Service Agreement, the Local Service Fee can be paid on a monthly / quarterly / half-yearly/ annual basis.
If there is more than one business owner, the company formed by the partners is known as a Civil Company. This is meant for professionals like engineers, doctors, lawyers and accountants. A foreign company can be a shareholder in a Civil Company, provided it is engaged in the same field overseas as the Civil Company in the United Arab Emirates.
List of Documents Required for Professional Company Registration
The documents pertaining to individuals have to be submitted for every shareholder, in case there are multiple shareholders. If any of the shareholders is another company, then the company formation documents, duly translated and attested for legal use if in a foreign language, also need to be submitted. This is only an indicative list and not exhaustive in nature. A company formation specialist can advise you on what documentation is needed when setting up your company.
Why Choose Us For Getting a Professional Service License?
We have years of experience in the field. We have been of assistance to clients from 100 countries around the world and we have an excellent client satisfaction rate to speak of so far. We take of the paperwork, so that you don’t have to. This way, you can focus on doing what you do best – running your business.