FAQ’s

FAQ’s

by business
General Questions

Professional license allows professionally qualified individuals (like Doctors, Consultants, Engineers etc..) to perform their area of expertise in Dubai.
A commercial license permits the Companies to carry out commercial activities such as trading, construction, renting etc. in UAE. The contribution of foreign investment in such companies should be limited to 49%.

Only UAE nationals or companies 100% owned by UAE nationals may be appointed as local service agents.
Yes, office with same/similar type of activity can be opened in other Emirate or the same Emirate but different location as a branch. The activities in the license are subject to the approval from the Economic Development Office. For applying for setting up of a branch the incorporation documents of the parent company will be required.
Yes, upon establishment of your new business we can assist you in opening of a bank account with international & local banks as per the your requirements.
Yes, We can help you with any changes you may require to make such as adding activities, shareholders etc.. (subject to approval).
The term offshore refers to the different jurisdictions which offer financial confidentiality and are typically characterized having bank secrecy laws, no tax on profits, revenues, interest, inheritance, capital gains and income. For more details please contact us.
Yes, you can open a corporate bank account in UAE or anywhere in the world*in the name of an Offshore Company. For more details please contact us. *Local laws applicable.
No, offshore companies are barred from having an office and obtaining visas.