Technical Service License in Dubai
One of the most popular business license categories in Dubai is the Technical Services License. It is a part of professional services in the UAE. Depending on the nature of the company activity, the business might be set up in free zones or on the mainland.
The Technical Services License allows for a wide range of business possibilities. The investor will possess a degree or area of expertise in operations.
There are several factors to take into account when setting up a technical service firm in mainland Dubai. The most important step is to find a local sponsor in Dubai. The law states that a local sponsor, who must be a UAE national, may own up to 51% of the company’s shares, with the remaining shares going to the owner of the company. To work in the technical services industry, one must also register as a Limited Liability Company (LLC) in Dubai Mainland.
> 100% tax free. Therefore no corporate or personal tax
> You are also permitted to provide your services to all business organisations in the UAE according to the license. There is no minimal capital needed for a mainland license.
> You are qualified to apply for government projects as a result of your technical license in Dubai mainland.
> No currency restrictions nor a capital requirement
> Applications for work visas are not restricted in Dubai for technical services licenses.
> Selecting office space anywhere in Dubai.
> 100% repatriation of profits and income.
> Hassle-free procedure
> An audit report is not necessary for this license.
Establishing a technical service company in one of the UAE’s free zones has many advantages. They start by providing reasonably priced licensing packages appropriate for a variety of industries. Quick and simple business incorporation is offered by free zones, which is accompanied by business support activities and additional financial benefits like 100% tax exemption and no currency limits.
Without a doubt, location is important when deciding where to locate your technical services business. UAE Mainland and Free Zones each offer unique advantages. The type of your firm will determine the jurisdiction.
The UAE has established rules for settling on a corporate name. Your chosen company name will be readily accepted by the appropriate government authorities as long as you adhere to the correct rules and regulations.
The Department of Economic Development (DED) for a mainland license or the relevant free zones for a free zone license, respectively, can receive the application for technical services. It is advised to confirm that your application is complete and error-free.
The following documentation is required when applying for a technical service license in Dubai.
We handle everything, including office space and business incorporation. Here are a few additional details:
> Supporting the acquisition of a technical service license
> Locating a trustworthy local sponsor
> MoA Translation services typing
> Services with renewed licenses
> PRO services, among other things.
Please contact us so that we can help you.