Professional Service Licence
A professional business is defined as “work based on investing mental talents and acquired information”. A Professional Licence/Civil Company is a business for professionals in recognised fields such as doctors, lawyers, engineers and accountants. A Civil Company can only practice professional business and is 100% owned by professional partners.
An activity practiced by a natural person or more, involving the use of the individual’s physical or intellectual powers and effort and/or using tools/instruments with a limited capital.
More Information about Professional Service Licence:
- Activities – With a Professional Service Licence, you are entitled to undertake activities pertaining to your qualifications/area of expertise.
- Sponsor/National Service Agent – Each Professional Service Licence requires a local sponsor. The local sponsor has no equity participation or liability for the business, nor can the person represent the office or participate in its management.
- A civil company for engineering – Must have one partner who is a UAE National, who owns no less than 51% of the business and must be an engineer of the same type as the business’s activity.
Advantages of Partnering with Sovereign PPG:
- As your service provider, we will use our experience to handle all the necessary paperwork to establish your business in a timely manner. This includes applying for visas and licences, obtaining labour quotas, translation services and assisting with the opening of corporate bank accounts.
- 100% Management Control.
- 100% Financial Control.
- 100% control of profits.
- Fixed annual fee.
- Simple 3 month exit strategy [no penalties].
- Full Management Team on hand 24/7.
- Suitable for entrepreneurs, SMEs and MNCs entering the UAE market.
- Transparency, reliability and realistic timeframes enabling you to be fully informed at all times.
Professional business is defined as “work based on investing mental talents and acquired information”. A Professional Licence/Civil Company is a business for professionals in recognised fields such as doctors, lawyers, engineers and accountants. A Civil Company can only practice professional business and is 100% owned by professional partners.
An activity practiced by a natural person or more, involving the use of the individual’s physical or intellectual powers and effort and/or using tools/instruments with a limited capital.