Service License

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Services License is granted to services provider to produce and deliver their services to end consumers. Most of the intellectual business comes under this category such as financial services provider, traveling agents etc. Similar to trading and industrial license, service license also required local partner with distribution of 51% share to local sponsor and 49% to expat as per UAE local law. An annual amount has to be paid to the local sponsor and he will act like a silent partner in the company without any involvement in day-to-day activities.

 

Service industry is adding a lot to the world economy growth and we see across the world that the countries focusing on diversification of their services are the pioneer in the global market.

 

The UAE has been one of the most successful countries in the region for its diversification efforts, and this strategy has been supported by investment in services such as tourism, financial services and many more.

 

Since U.A.E has variety of free zones and each free zone has its own specialty and strategic location and at the same time mainland is also one of the options to focus U.A.E local market therefore it is important for investor and entrepreneurs to choose right consultant to educate them and to guide them toward right solution for their business.

There are various steps which have to follow to choose right consultant:

 

  • Study the company history that how old is the company.
  • Check the consultant capability and experience.
  • Check the affiliation of the company
  • Check the professionalism and diversification of the departments.
  • Check the ownership structure.

Steps involve for setting up your company:

 

  • Contact with live chat support or call us directly and our team will lead you to the right consultancy
  • Share your business idea with our consultant and get free advise
  • Submit your documents via email to the consultant and wait for the name initial approval.
  • Pay the invoice by bank transfer, cash and credit card.
  • Receive your license and apply for your bank account.
  • Enter UAE and avail UAE residency
  • Get your bank account and start your business transactions.

UAE company registration process and type of license?

  • Name Approval

  • Local sponsor/Service agent

  • Initial Approval

  • Signing of Memorandum

  • Sustainability contract or office leasing

  • Business License

  • Immigration Card/ Labor card

  • Residency visa

  • Bank account