A Dubai Professional License or Dubai Services License is a type of company formation structure in Dubai whereby the foreign investor or foreign owner has 100% ownership of the company. It is compulsory to appoint a local UAE sponsor for this type of company also, with the only exception being that the local UAE sponsor does not own any equity in the company.

The procedure for obtaining a professional licence through the Department of Economic Development is similar to the process of obtaining a commercial or industrial licence. A professional company, also known as a civil company, can be 100% foreign owned, although a local service agent will need to be appointed to take care of official procedures within various government ministries.

  • all