Business License in Dubai
When starting a professional firm, 100% foreign ownership and sole ownership are allowed. The designated agent or a professional company formation specialist in Dubai will not be directly involved in the company. The UAE will issue professional licenses based on the right to education and area of expertise. If the owner of a professional firm wants to apply for more than one professional license, that person is required by law to form their own company as a Dubai civil company. With a professional license in Dubai, an international business entity in Dubai can easily carry out routine business activities and make profits that improve its financial position. Companies under professional trade licenses require a UAE citizen as a local service agent to complete judicial formalities, otherwise there is a more legal way to obtain a license. The local service agent charges a fixed annual fee and has no other stake in the company. The approval process is used as a means of ensuring that a new company meets certain criteria in its ability to provide services that apply for a license.
