Professional Company in Dubai

Dubai is in transition to a fully smart city

HH Sheikh Mohammed
Professional companies are usually partnerships that can offer
professional services, such as consultancy, media, craftsmen & artisans,
and accounting. These companies cannot engage in commercial

Key features

activities.
The main feature of an Professional Company is that 100% foreign

Can cater to the local market

Can participate in Government

tenders

Wide range of locations,

including malls in Dubai

Licensing covers all

professional activities

100% foreign shareholding

possible

shareholding is permissible (very few exceptions); however, this form

of company can be formed only by an individual or a group of
individuals (corporate shareholding is not allowed). These companies
can bid for Government contracts, as opposed to free zone companies,
which are usually not allowed to do so.
Businesses can be registered anywhere in the mainland; a wide range
of choice - from the lanes of old Deira to the shining towers of Business
Bay.

1
2

Covers all professional

activities, including
consultancy

Cater to the local

market

An

Professional

offers

the

Wide range of
locations

License

flexibility

of

100% foreign ownership, in

a wide range of locations

additional approvals would be

required for certain professional
activities.
In addition to this, companies can
avail benefits from the extensive

Dubai is a fast-growing market,

network of double-tax avoidance

with an ever-increasing business

treaties that the United Arab

and

Emirates

resident

population.

signed

with

countries worldwide, including

rapidly as a result.

countries such as India, Pakistan,

up

an

Partnership

in

relatively

has

services industry is also growing

Setting

Recommended for
professionals and
consultants who wish to
cater to the local
population.

The

Professional
Dubai

is

straightforward

Singapore,

China,

Malaysia,

Canada, Germany, Italy, Austria

and Holland.

process, with new e-initiatives

Dubai

ensuring

and

benefits of a very high standard

efficiency. The main licensing

of living and a vibrant expatriate

authority

community

promptness

Department
Development

is

the
of
(DED),

Dubai
Economic
although

over

offers

180

with

the

additional

people

nations

living

from
and

working in the region.

KPI Business Advisors & Consultants

TYPES OF LICENSES

DOCUMENTATION

Professional Services

Individual Shareholder

SHAREHOLDING

Personal KYC and detailed

Sole establishment 1 shareholder

Civil Works Company - Minimum 2,
maximum 50.
100% foreign shareholding
permissible.*
*UAE National service agent required.

(corporate shareholding is not

resume
Memorandum & Articles of
Association signed at the Dubai
courts
Other routine documentation

REGISTRATION AND
LICENSING COSTS
Trade name reservation and
initial approvals (one time) US$
192
Annual Licensing -

Professional License from

US$ 3,600*

viz. application forms, specimen

*varies based on office space

signatures etc.

availed and other factors

TAXATION

VISAS

No corporate tax or capital gains,

Based on size of facility availed,

no personal income tax or any

usually around 80 sq.ft. per visa.

allowed)

SHAREHOLDING
Share Capital No minimum share

other tax levied by the authority.

capital

OFFICE BEARERS
1-5 Directors
One Manager

FACILITIES OFFERED
Commercial Offices | Warehouses
| Mall space
Prices vary depending on location.

FINANCIAL STATEMENT AUDIT | BUSINESS CONSULTING | MARKET ENTRY STRATEGIES | CORPORATE SERVICES |
ENTERPRISE RISK MANAGEMENT | BUSINESS PROCESSES & KPIs | CFO SERVICES | ERP IMPLEMENTATION
Enabling Performance. Discovering Value

KPI Business Advisors & Consultants

ABOUT KPI

another Audit firm in Dubai, one of

KPI, an Audit and Advisory firm in

the emerging market leaders. The

Dubai, as a practice has more than

firm

two decades of heritage that we are

business partner in the GCC and Mr.

proud of; one that has seen economic

Kamath

highs and lows, along with the rise of

Practice in the merged entity.

Dubai and United Arab Emirates to

international prominence.

year 1992 in the UAE. The firm grew

quickly in fame among clients and
the industries it operated in. In
addition to regular audits, clients
approached

the

firm

for

many

advisory and consulting activities for

feasibility studies, due diligence,
market

research

and

headed

into
the

valued

Consulting

In December 2011, the practice was

spun off from the merged entity and

Kamath Auditing was formed in the

KPI has a pedigree and a sound

track record of consistency in
providing advice tailored to your
needs

transformed

valuation

projects.
In 2001, the firm was merged with

re-branded as KPI.
KPI is an independent member of
GMN International, an association of
carefully

selected

professional

accounting firms established and

respected in their own countries.
GMN International has 70 offices in
more

than

Europe,

32

countries

across

North

America,

South

America, Asia Pacific, Africa and the

Middle East.

Contact Us
Suite 3108, The Citadel, Business Bay
P.O.Box 121395, Dubai, United Arab
Emirates
Tel: +971 4 455 1010
Fax: +971 4 455 1011
admin@kpi-global.com

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GMN International is an association of legally independent accounting and
business advisory firms. Each firm is a separate and independent legal entity and
as such has no liability for the acts or omissions of any other associate firm. GMN
International is the brand name for GMNI Coordination Limited (GMNICL), a UK
company limited by guarantee which provides coordination services to its
members. GMNICL does not provide, supervise or manage services to clients and
is not responsible or liable for the acts or omissions of any of its members nor can
it control the exercise of their professional judgment or bind them in any way.
Services are delivered to clients by the members of GMNICL. GMN International
is an association and does not fall within the definition of "network" under the
International Federation of Accountants (IFAC) Code of Ethics, Section 290 and the
European Union Statutory Audit (revised 8th Company Law) Directive.