Professional Trade License
Professional Trade License
- License Selection
- Document Support
- License Renewal
- Sponsorship Guidance
- Compliance Review
- Accreditation Help
- Activity Management
- License Amendments
- Cancellation Assistance
- Local Sponsor Setup
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What is a Professional Trade License?
A Professional Trade License in the UAE is a business license granted to individuals or companies that want to operate in the country’s service sector. Unlike commercial licenses, which are typically issued for businesses that deal with goods or manufacturing, a professional license is for businesses that offer professional services. These services may include fields like consulting, legal services, design, accounting, healthcare, and other similar professions. This license is essential for any foreign or local individual who wishes to establish a professional services business in the UAE.
When Was It Implemented?
The concept of the Professional Trade License was introduced as part of the broader economic reforms in the UAE to attract skilled professionals, service providers, and entrepreneurs from around the world.
Key Features of a Professional Trade License
No Local Sponsor Requirement: For companies operating in certain free zones, there is no need for a local sponsor, as the foreign investor can have 100% ownership.
Wide Range of Professions: Covers a broad range of service-oriented sectors including consulting, education, healthcare, engineering, technology, marketing, and more.
Flexibility in Operations: Professional licenses allow for flexibility in the number of employees and the scale of operations, depending on the business requirements.
Visa Eligibility: Enables the business owner and their employees to apply for UAE residency visas under the sponsorship of the company.
Limited Liability: The business structure typically offers a limited liability framework, protecting the personal assets of business owners.
Benefits of Having a Professional Trade License
Legal Operation: Ensures that your business is operating legally in the UAE, adhering to local rules and regulations.
Access to Free Zones: Allows businesses to operate in designated Free Zones, which offer benefits such as tax exemptions and 100% foreign ownership.
International Opportunities: Opens up access to international markets and opportunities for collaboration with global businesses.
Reputation and Trust: Being licensed enhances the credibility of your services, building trust with clients and partners.
Sponsorship of Employees: Enables you to sponsor employees, offering them residence permits and other benefits under the UAE’s legal framework.
Operational Flexibility: Provides flexibility in terms of the size of the business and the number of employees.
Asset Protection: Typically provides a limited liability framework, protecting the owner’s personal assets.
Attractive to Clients: A recognized professional license assures clients that your business meets high standards of service and quality.
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