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Tag: Professional License in Dubai

  • How to Get an Event Management License in Dubai, UAE

    How to Get an Event Management License in Dubai, UAE

    Dubai is a cosmopolitan city known for its opulent way of life, top-notch infrastructure, and breathtaking skyline. The city has made large investments in its entertainment and events sector, elevating it to the top of the list of desirable locations for international conventions, shows, festivals, and concerts. Getting an event management license has become essential due to the rise in businesses and organizations wishing to conduct events in Dubai. 

    For individuals who are unfamiliar with the local laws and processes, getting an event management license in Dubai might be a challenging task. But it may be a simple and uncomplicated procedure if you have the correct advice and preparation. We will provide you with a thorough explanation of the process for getting an event management license in Dubai in this article. 

    The significance of earning an event management license and its advantages will be covered first. The application procedure will then be explained to you in detail, including the processes, essential paperwork, and associated costs. We will also give you information on the guidelines and standards established by the Dubai government and advice on how to ensure your business complies with local laws.

    What is a Media License?

    The legal authorization necessary to run any type of media-related company or activity within the city is known as a media license in Dubai. All media are included in this, including print, web, broadcasting, and advertising.

    If the event management business intends to use any kind of media to advertise or promote the event, a media license could be necessary. Newspaper ads, radio or TV commercials, or internet marketing initiatives might all fall under this category.

    What is Event Management?

    The term “event management” covers a broad range of tasks necessary to plan such gatherings. Conventions, conferences, concerts, trade shows, festivals, and ceremonies are a few examples. 

    It comprises coordinating with workers, handling the event’s general logistics, and managing the event itself. In addition to supervising the event’s execution, an event manager may also oversee the budget and the teams of people in charge of each task. All independent contractors and experts, including event planners, are under the control of event management. 

    Types Of Event Management Services

    1. Event Management: Professional event managers are skilled in arranging events and carrying out the technical and aesthetic elements. No matter the event—a trade show, a product launch, a wedding, a cocktail party, an awards ceremony, or a sit-down gala dinner—they start by determining the target demographic and make a special effort to comprehend the client’s brand and budget.
    2. Event Coordination: Event planners specialize in coming up with fresh methods to motivate, inform, and amuse. The most important aspects of event production are lighting, décor, catering, theming, style, sound, vision, and entertainment.
    3. Décor Hiring Services: For clients’ upcoming special events, these companies specialize in offering décor hire services.
    4. Conferences And Venue Sourcing Services: With meticulous content programming and thorough logistic preparation, event management firms collaborate with clients to create a unique conference identity, which may include:
      • Ground transportation
      • Delegation of accommodation booking and venue sourcing
      • Social and partner activities
      • Involvement of guest speakers and facilitators
      • Management of all audiovisual needs
    5. Event Planning Services: Event coordinators reduce the difficulty of planning a special event by staying on top of the competition. To make an occasion memorable, they could find gorgeous floral arrangements, cozy bedding, and creative entertainment options. 

    Event Management License Cost in Dubai

    There are a number of charges associated with obtaining an event management license in Dubai, such as application fees, processing fees, and other expenditures linked to meeting the conditions established by the Dubai government. These expenses might change according to the kind of event you’re organizing, as well as its location & size. 

    There are secondary charges to take into account in addition to the direct fees associated with getting an event management license. For instance, you might need to make investments in event planning and management software, event marketing, event supplies, and event staffing to assist you prepare and manage the event. 

    Shuraa Business Setup provides a complete and cost-effective option for creating a Dubai-based event management firm. You can acquire an event management license and a variety of extra services Starting from an affordable AED 18,500*. One of the standout features of Shuraa Business Setup services is the availability of a specialized business adviser who can provide free guidance on company formation. 

    Shuraa also offers a variety of other services, such as assistance with acquiring an investor visa, office solutions, Emirates ID, physical examination, change of status, employee visas, business bank account setup, free tax advice, and VAT registration.  

    How to Obtain an Event Management License in Dubai

    The first step in starting an event management business in Dubai is getting acquainted with the local business scene. The UAE welcomes visitors and has few entrance requirements, but there are few areas where it varies from most of the globe.

    • Choose Your Business Name: This is significant since the UAE has established certain rules in this regard. For instance, the name should be catchy, distinctive, and not offensive; no acronyms should be used; only full names should be utilized.
    • As Part of your License Application, Confirm All Business Activities Listed under Events: Determine the different business activities that your events management firm will engage in. Acquiring the license enables you to carry out a variety of activities, from hosting guests to promoting events, you must still list them, and failing to do so might result in penalties.
    • Choose The Company Shareholder Structure and Manager: Choosing the right legal framework is an important part of launching a business. There are many different forms of businesses, including partnerships, corporations, cooperatives, limited liability companies (LLCs), and sole proprietorships. Each kind has its own viewpoint on obligations, risks, and taxes. Partnerships, for example, include shared obligations and risks among partners, whereas corporations provide shareholders with limited liability protection. Members own and run cooperatives, whereas LLCs provide flexibility and simplicity. In contrast, sole proprietorships have limitless personal responsibility. Understanding the unique features of each legal framework is critical in making an informed selection for your company enterprise.
    • Apply Online: The Department of Economic Development (DED), now known as the Dubai Economy and Tourism Department (DET), is in charge of issuing event management licenses in Dubai. You must first send in a fully filled application form, the required paperwork, and two-colored passport-sized photos. Use our client portal to apply after that.
    • Choose Your Visa Requirements: For you, your company partners, and any staff, a visa is required. The type of license you already possess, and the size of your business will influence the number of visas you are eligible to apply for.
    • Apply for your Business Bank Account: The easiest and most secure way to send and receive money in Dubai is through a business bank account in the United Arab Emirates. Several banks in the UAE also provide multicurrency accounts, enabling you to send and receive money from any location in the globe. Other forms of credit frequently need a UAE bank account.

    Conclusion

    Numerous businesses have used our experts’ assistance to get the business trade license of their choice. You are in the proper place if this is your first time launching a business in Dubai or if you feel a little lost.

    For you to concentrate on making more crucial business decisions, we will secure the event management license in Dubai on your behalf. Reach out to us right away to get started.

    Contact us by phone at +971 4 4081900 or via WhatsApp at +971 50 777555. You can also email us at info@shuraa.com by visiting blog.shuraa.com/.

  • Commercial License Vs Trade License

    Commercial License Vs Trade License

    The UAE is the land where business ideas prosper, and startups make a name for themselves. New-age investors, budding entrepreneurs, and established business owners – all find a home for their business in the Emirates. However, you need to have a legal license to start your business in the UAE, be it a free trade zone or the mainland. It also allocates your company under the legal governance of the Commercial Companies Act of the UAE.

    The commercial trade license and the professional business license are issued by the Department of Economic Development (DED). The UAE government aims to develop the country as a premier business hub, so you’ll get adequate legal support from them. Therefore, this blog differentiates the two legal licenses for you to know the type of license you need to secure for your business.

    What is a commercial trade license?

    If you aim to sell tangible products, you need to acquire a commercial trade license in Dubai. The scope of activity can be anything from general trading, selling commodities, electronic trading, real estate, etc.

    The foreign trader can have the legal ownership of 49% of total shares under a business trade license. The proprietorship of the remaining 51% goes to a local service agent or a UAE national. The shareholders have limited debts and liabilities as they partner with a UAE national to form a Limited Liability Company (LLC).

    Benefits of acquiring a commercial license

    • Enjoy tax exemptions and free repatriation of capital gains (applicable in certain free trade zones)
    • Renewal of trade license without any audit
    • Legal permission to carry out ten different business activities (including the primary activity) under the same license
    • Reliable engagement with DED
    • Opportunity to engage in various international trading activities

    How to get a commercial license?

    The mainland companies need to apply for a trade license with the DED. For an establishment under any of the free zones, the respective Free Zone Authorities handle business licensing.

    To apply for a commercial license in Dubai, select your business category from the list provided by DED or Free Zone Authority. Legalise the business structure, which includes the list of shareholders and the jurisdiction under which you want to run your business.

    Finalize a trading name for your venture adhering to the government guidelines. Wait for the initial approval from the concerned authority.

    If all submitted documents are correct, you can get your business trade license within three days in Dubai. If there’s an issue with the documentation, the process might extend to a few weeks. To secure the license in one go, hire a legal advisor in Dubai.

    Read more: How to get a commercial license in Dubai?

    Documents required to get a commercial license

    • Application form
    • Copies of passport of each shareholder associated legally with your business
    • Detailed description of your business plan and activity
    • Reference certificate of financial statement (minimum 2 years)
    • NOC (No Objection Certificate) from the sponsor
    • Letter of intent
    • Notarized copy of Registry Identification Form
    • Latest photograph (passport-size) of either the business director or the manager
    • Details of shared capital

    What is a professional business license?

    To launch a professional business in Dubai (service-based business), you need to acquire a professional business license. It includes various consultancy services, software ventures, accounting services, medical representatives, beauty salons, etc.

    This legal license encompasses any exchange or a transaction that involves a service based on a specific skill set or experience. The expat will enjoy 100 percent of license ownership and would be considered the sole establishment.

    Benefits of acquiring a professional license

    • 100% foreign ownership
    • Business is authorized to apply UAE visa for employees, obtaining labor quotas, translation services, and more
    • Best for professionals, SMEs, and MNCs as it assists them in opening corporate bank account
    • No additional taxes (income or corporate) on your profits
    • Smooth and secure business functioning under the governance of the DED
    • Renewal of the license is easy and done at nominal costs

    How to get a professional license?

    To apply for a professional license in the UAE, present a detailed description of the operations performed in your company.

    You need a Wakeel e Khidmat (a local service agent/citizen) who will help you acquire the license without having any legal liability in your business. Get the initial acceptance from the DED after applying for the professional License.

    You must also reserve a name for the company (pay a charge for the same) and then send all required documentation to the DED for clearance.

    Business setup consultants in Dubai help you secure the license by taking care of all the paperwork and concerning documentation.

    Read more: How to get a professional license in Dubai?

    Documents required to get a professional license

    • Application form to obtain the professional license
    • Copies of passports (owner and all other partners)
    • Copy of the Naturalization Book of Local Partners (Jinsiya)
    • No Objection Certificate from international partners’ sponsors if the expatriate is already on a work visa. If the shareholder is on a visit visa, the UID number of the shareholder is requested
    • Primary approval by the competent authority, depending on the form of business operation to be conducted
    • Ejari registration, rental contract, and name registration certificate

    Shuraa – Your Business Companion in Dubai

    Securing a legal license in Dubai is simpler than ever when you consult with Shuraa Business Setup. Our team of seasoned professionals has prolific domain experience and provides you round-the-clock service.

    Shuraa has already helped 100,000+ companies establish in the Dubai marketplace. So, are you ready to transform your business vision into reality? Connect with Shuraa, and we’ll do it together.

    To book a free consultation, call on +971 44081900. You can also send a WhatsApp message on +971 50 777 5554. To connect over email, send us your query at info@shuraa.com.

  • Three simple steps to renew business license in Dubai

    Three simple steps to renew business license in Dubai

    Getting a business license renewed is easier than ever before! Business license in Dubai is renewed annually. You can now renew your business license in Dubai in three simple steps. Thanks to new measures adopted by Department of Economic Development – DED in Dubai.

    If you are a businessman or entrepreneur, you could renew your business license on your own. The Dubai Department of Economic Development DED has put forth several initiatives. Like the smart electronic services and registered agents that help you renew your business license in Dubai. Send a SMS and renew business license in Dubai. Moreover, online renewal helps reduce delays and save time and efforts spent in visiting the ministry offices.

    These measure where brought in to develop easy business procedures and streamline an accommodating environment.

    Here are the three simple steps that would help you renew your business license –

    Check the validity of the tenancy contract:

    The tenancy contract should have a minimum validity of one month, and the longer the better. Place of business is extremely important when it comes to company license renewal Dubai, thus double-check on the validity of your company’s tenancy contract in order to avoid delays in getting a business license.

    Get the approvals for the activity:

    Every specific business activity has selective requirements as well as may need certifications and licenses from specific authority. For instance, a car rental company or a private motor vehicle service need an approval from the Dubai Road and Transport Authority (RTA), whereas a private medical clinic needs a certification from the Ministry of Health and Prevention of Dubai and so on. Thus, get approval for the business activity for the respective judicial or governmental department well-in-advance before you apply for the business license.

    Apply for business license renewal:

    Collaborate all the certifications and the application for the trade license renewal in Dubai. Submit it to Department of Economic Development DED is several ways.

    • Renew your business license offline

    Department of Economic Development (DED) can renew your business license through various offline modes such as business service provider, authorized service agents, law firms, happiness lounge, etc.

    • Renew your business license online

    DED has a comprehensive website and e-Services for the business customers through which they can renew business license online. Getting business license renewed online can be reliable with minimal paperwork as well as speeds-up the process.

    • You could do it through auto-renewal

    In order to improve the country’s investment and business climate, the Economic Department has initiated an auto-renewal process through which the renewal could be fast-tracked. Investors seeking to renew their license only need to send an SMS with their license number to 6969. The business license renewal cost is sent via SMS. The business owners can then pay this fee through offline as well as online methods.

    Matter of Concerns:

    Delay and non-renewal of Business License in Dubai can attract penalties and even could blacklist the company. Moreover, plans for setting up business in the future might also be jeopardised. Thus, several businessmen feel appointing a business service provider in UAE is a safer and easier option.

    Remembering the due date of your business license is not the only factor. Business license renewal takes longer time, especially if the documents are not in order. You need to be certain about the validity of your tenancy contract and certifications involved. Running around the ministries and governmental authorities at the last minute could be tiresome. Therefore, investors and businessmen feel best to outsource the renewal process.

    The DED has made the regulations extremely simple for businessmen in Dubai. However, help from a business setup services provider makes administrational procedures even more convenient. A business setup service provider in Dubai significantly improves the quality of company formation and regulation. As a businessman you have instant awareness about the procedure, and you can be carefree on what goes next.

    Go with Shuraa Business Setup–one of the well-known and established business setup service providers in UAE.

    Shuraa Business Setup helps establish and obtain information about your company from the authority. We also issue and renew commercial registrations, keep a tab on the expiry dates and remind any renewals involved.

    Shuraa Business Setup also offer number of administrative services that enable you to easily manage and operate your businesses. To know more speak to our business consultants or drop in a quick inquiry and we will get back to you!

  • How to Get a Professional Trade License in Dubai?

    Entrepreneurs and businessmen who offer a service-oriented commercial activity in the country need to have a professional trade license in Dubai, UAE. Getting a professional trade license can be beneficial in several ways. A professional license provides the flexibility to entrepreneurs in terms of hiring employees for business; renting an office space; changing the professional license into a mainland (if required) and so much more.

    So, if you are willing to know how to get a professional business license in Dubai there are a few measures you must take into consideration.

    Here is how you must attain a Professional License in Dubai, UAE:

    Documentation for Professional Trade License

    Initially, ascertaining that you have all the documents to push the process forward is extremely important. Essentials forms, passport copies (for tourist visa), UID number, jinsiyya or muwatana copy of the local partner, NOC in case of sponsor for an expatriate and other permissions from authorities’ municipality, RTA, health ministry etc; need to be put forth to obtain a professional license. Under such circumstances, the best option would be to contact Shuraa Business Setup. Shuraa deals with all the paperwork, while you can concentrate on your business startups.

    Department of Economic Development (DED)

    To get a professional trade license, you need to approach the Department of Economic Development DED in Dubai. The Dubai DED will further charge you a fee along with a security deposit may be required under certain circumstances. Also, BR1 form, name reservation certificate, tenancy contract and EJARI registration certificate needs to be submitted to the DED.

    Flexible Ownership

    The most prolific part of obtaining a professional license in Dubai is having the liberty of being a sole owner of the company. The professional license also leverages the opportunity to expatriate and have 100% ownership in the business, which is otherwise not possible under a tourism, trading, industrial or other licenses that are opted for a Sole Enterprise or Limited Liability Company (LLC).

    Nevertheless, you need to have a local agent for all your proceeding with the judicial departments. With Shuraa Business Setup, we ourselves will act as your local service agent creating an agreement that will safeguard your investment and ownership.

    Professional Trade License is exclusively available only to the following –

    • Accounting and Auditing companies
    • Information technology services
    • Management consultancy
    • Healthcare and Medical services
    • Institutes and Educational firms
    • Legal organization
    • Advertising and Marketing Firms

    Would you like to know more about Professional Trade License? Or are you still confused in terms of the suitability a professional business license would have towards your business?

    Call Shuraa Business Setup to get a free consultation and speak to our experts to comprehend how to get a Professional License in UAE.