Dubai is one of the fastest-growing economies in the world. Due to its strategic location in the UAE that connects it to almost all the places, Dubai is undoubtedly a favorite among many. It is also a major attraction for Asian and European trading markets. If you want to start a technical service company in Dubai, you need to have a technical services license. There are two areas where you can operate with a technical service license in Dubai- the free zone and the mainland. Starting your technical service business in either of them has its own pros and cons.
There has always been a preference for Dubai when it comes to setting up a company. One of the best benefits of applying for a technical license in Dubai is to get low tax for income and capital.
Technical Service License in Dubai
As stated earlier, there are two zones where you can set up technical services in Dubai- mainland and Freezone.
- Technical Service License Dubai Mainland
UAE allows 100% Ownership in Dubai mainland, so you can have full control of your business. Dubai Mainland has always been a huge market for technical services in Dubai. Business Link UAE can assist you in the process of acquiring a technical service license in the Dubai mainland
DED is the main authority regulating the entire license procedure. Therefore, it is advisable to check with them. If you are new to Dubai, we can assist you from beginning to end. Moreover, there are several perks of establishing a technical service license in Dubai include the following:
- There is no corporate or individual tax implied since you can apply for a 100% tax-free technical services license.
- It is easy to start a business in UAE.
- There is no minimum capital requirement for setting up a company in UAE.
- The foreign business owners get the flexibility to set up a business.
- It follows a completely stress-free process to provide technical services license.
- You do not need to do any audit to set up this business in UAE.
- There are no currency restrictions for getting technical services license in Dubai.
2. Technical Services License Dubai Freezone
Dubai’s free trade zone is also one of the best locations for starting a technical services company. One of the main reasons why business owners are attracted to the free zone is because they get 100% ownership.
Company setup in Dubai Freezone can bring you a wide range of benefits. Moreover, there is no income tax. Unlike the other places, it is easy to set up a business in Dubai Freezone.
What are the activities permitted within the technical services license in Dubai?
If you are applying for a services license in Dubai, you need to know what activities are permitted. Within technical services license, you can get a wide range of activities. Some of them include the following:
- Concrete works
- Insulation contracting
- Technical services contracting
- Installation and maintenance
- HVAC services
- Electrical fitting
- Corporate cleaning services
- Floor and tiling services
- Technical services contract
- Plaster and cladding
How to get technical services license in Dubai?
Business Link UAE is one of the prominent business setup consultants in Dubai. If you are in need of technical services license in Dubai, you can get in touch with us. Being one of the leading business consultants, we will assist you in the complete business setup process in UAE.
We will give you total peace of mind allowing your security. We will speed up the process for you and ensure everything is done for you at complete ease.
The steps to apply for technical services license in Dubai include the following
- Choose where you want to set up the company
- When it comes to starting your technical company, you have two options- mainland and free zone. Therefore, it is extremely crucial to decide where you want to set up your company.
As stated, both of these zones have their own pros and cons. Comparatively, free zones offer more benefits, one of the most prominent ones being affordability. Moreover, there are no tax or currency restrictions. Where you set up your company should be dependent upon the nature of business.
Business Link UAE can act as your link for setting up a company in Dubai.
Choose the company name
When you are setting up a technical company in Dubai, you need to be very cautious about the name you’re choosing. Since the laws in Dubai are pretty strict, you can’t go against them. Moreover, you can’t hurt the religious sentiments of people while setting up the company either.
The best thing to do is to avoid the use of offensive or blasphemous language. It is advisable to register your name with DED. You can’t choose a company name that is already registered. Also, you should be avoiding the use of abbreviations when you name the company after any individual.
Apply for technical services license
Once you have followed all the above-mentioned procedures lawfully, you will need to apply for the license of the technical service. When you set up a company in the mainland you can apply to the DED. When you apply for technical services license in Dubai free zone, you need to apply to the free zone authorities.
However, when you make the application, you need to submit all your documents accurately and in order. These include:
- Application form.
- Colored passport-sized photos
- NOC from employer
- Memorandum of Association
- Passport copy of the owner.
The Memorandum of Association should have been notarised by any professional from Dubai public notary. The entire process does not take more than two hours. Hence, you can completely rely on the process.
What is the technical service license cost in Dubai?
The technical service license cost in Dubai will completely depend on the account. When you apply to DED, you will need to apply for extra charges. Moreover, the technical services cost further varies depending on the type of technical service business you’re setting up.
However, if you have a limited budget, you should consider starting up the business in the free zone. The free zones in Dubai are pretty affordable and ensure an easy auditing process. Moreover, as per the laws, you don’t need to be in UAE when you set up the company. However, you will need to be present to fulfill all the documentation processes.
Whether you need packing services or individual services- you can connect with DED.
Getting the license of the technical service in Dubai
When you have adequate knowledge about how to set up a technical service company in Dubai, you will not have a problem setting up a company. Moreover, working with Business Link UAE will give you the flexibility to conduct business fairly and easily.
You need to have some basic knowledge about the license application process. Business Link UAE is here to assist SMEs and entrepreneurs in Dubai. With our professionals, you will never face any difficulties in starting the business. We can assist you with the corporate bank account opening and also manage your financial needs.
Business Link UAE has been working towards handling all governmental formalities and managing permissions and visa applications. If you want to trade within UAE, we can assist you in all the procedures for business setup in Dubai.
You can completely rely on us for getting your business started to operate. Whatever your needs are, we will look into it and get back to you shortly.
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