Setting Up a Sole Establishment with a Professional Trade License in Dubai

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Setting Up a Sole Establishment with a Professional Trade License in Dubai
Setting up a sole establishment with a professional trade license in Dubai involves specific steps and considerations. Here is a detailed guide on how to proceed with this process.

Setting up a sole establishment with a professional trade license in Dubai involves specific steps and considerations. Here is a detailed guide on how to proceed with this process:

 

Step 1: Determine Business Activity and Legal Structure

Identify Business Activity: Define the professional services you intend to offer under the professional trade license, such as consultancy, legal services, accountancy, or engineering.

 

Choose Sole Establishment Structure: Opt for a sole establishment as the legal structure for your business. This means you will be the sole owner and operator of the business.

 

Step 2: Obtain Initial Approval

Submit Application: Prepare and submit the application for an initial approval certificate from the Department of Economic Development (DED) in Dubai. This involves detailing your business activity and intended trade name.

 

Submit Required Documents: Provide necessary documents, including passport copies, visa copies, NOC from the sponsor (if applicable), lease agreement for the business premises, and other relevant paperwork.

 

Step 3: Trade Name Reservation

Choose a Trade Name: Select a unique and compliant trade name according to DED guidelines. Reserve the trade name to secure it for your business.

Step 4: Business Location and Office Setup

Secure Business Location: Choose a suitable business location that aligns with the DED requirements for professional trade activities.

 

Office Setup: Set up your office space based on the DED specifications. This includes fulfilling physical office requirements for professional trade practices.

 

Step 5: License Application Submission

Complete Application Form: Fill out the professional trade license application form with accurate details about your business activity and personal information.

 

Submit Documentation: Gather and submit all required documents, such as the application form, NOC from the landlord, initial approval certificate, passport copies, and relevant educational qualifications.

 

Step 6: Payment of Fees

Pay License Issuance Fees: Process the payment for the professional trade license issuance fees, administrative fees, and any other associated costs.

Step 7: License Issuance

Final Approval: Upon successful review of your application and compliance with all requirements, the DED will issue the professional trade license for your sole establishment.

 

Commence Operations: Once you receive the professional trade license, you can officially commence operations as a sole establishment in Dubai, offering your professional services within the specified business activity category.

 

By following these steps diligently and ensuring compliance with the regulations set by the DED, you can successfully set up a sole establishment with a professional trade license in Dubai. Consider seeking guidance from business advisors or legal experts to navigate the process smoothly and maximize the opportunities for your professional practice in the vibrant market of Dubai.

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