Technical Services Company License Cost in Dubai: Complete Guide
The assortment of business licenses according to your requirements adds to the smooth functioning of the business. Depending on your business nature, a choice can be made between industrial, professional, or commercial licensing. There are specialized licenses that fall under these categories as one such license is the technical services license in Dubai. A technical services license is invaluable since it covers a variety of unique business operations and gives entrepreneurs the freedom to work in specialized fields of technical services. In addition, a technical service license allows one to easily provide services to the right customer to be able to grow the business. Questions frequently asked by us include the Technical Services Company License Cost in Dubai and how to apply for it. This blog will answer these questions for you and will be the right guide for beginners.
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What is a Technical Service License in Dubai?
Technical service licenses are business licenses used for companies engaged in work such as painting, plumbing, flooring, tiling, house maintenance, etc. Dubai provides the best environment for starting and developing a business-oriented technical service due to its strategic positioning between Asian and European markets.
Different Types of Licenses Available in Dubai
There are essentially three categories of licenses provided by the Department of Economic Development –
1. Commercial License – A commercial license would be required for engaging in establishing or buying and selling items in Dubai.
2. Industrial License – A license of this sort is required for companies intending to establish an industrial division for manufacturing.
3. Professional License – In Dubai, a professional license enables a person or entity to engage in any profession based mainly on skill and intellect in the services sector. An example would be a technical service license.
What Services Are Approved Under Technical Services in Dubai?
The technical services trade license allows the business owner to choose any activity they would like, providing a varied scope of work. Some of the permitted Technical services license activities in Dubai include the following –
- Electrical installation and maintenance.
- Wall and floor tiling.
- Sanitation and plumbing repairs.
- Solar energy system installation.
- Maintenance of ventilation, air conditioning, and air cleaning systems.
- Ornamental and engraving works.
What Exactly Does a Technical Service Company Do in Dubai?
The technical service company does basically everything to do with those equipment establishments or installations found in manufacturing, such as optimization, maintenance, and repair; in particular, their main goals are as follows –
1. Maintenance – To enforce scheduled maintenance and inspections in a proactive manner to identify and solve potential problems, maintenance guarantees that equipment is kept at its best operational state. Should there be damage, a technical service provider provides timely repair.
2. Repair – To address issues or defects immediately upon occurrence; to conduct necessary maintenance activities that help in the least downtime and maximize operating efficiency.
3. Improvements – Routine maintenance and necessary adjustments of installations and equipment so that they become effective and high-performing.
Advantages of Technical Services License in Dubai
- The technical services license in Dubai is free from personal as well as business taxes.
- It gives you the authority to render your services to any company operating in the UAE.
- The minimum capital for a mainland license does not exist.
- With a technical license in Dubai, you are eligible to apply for government projects.
- Currency limitations on the use of technical services licenses do not exist in Dubai.
- A technical service license allows you to rent office space in Dubai.
- Complete repatriation is with respect to profits and revenues.
- The establishment of the technical service business in Dubai is too easy.
- For a technical service license in Dubai, you don’t need an audit report.
Steps to Obtain a Technical Service License in Dubai
Technical services licensing processes in Dubai can be simple if you have experienced company formation consultants at your service, such as Future Dream. To ensure that you are issued with the business license with minimal hassles, it is best to follow the steps outlined below –
1. Choose the Ideal Business Model
Your choice of whether to apply for a technical service license in Dubai as a mainland or a free zone license is a very important step in the entire process. Each of these has its advantages and disadvantages. The type of business activity you desire to carry out is going to be what determines the jurisdiction.
2. Obtaining a Business Name
Next is to select a unique trade name that accurately reflects your business operations. The name must also be approved by the Department of Economic Development, which will check to see that it is not already in use and that it does not contradict UAE naming requirements.
3. License Approval and Documentation
An application for technical services under the Department of Economic Development must be filed for the mainland license; a free zone license may be lodged with the respective free zones. It is good practice to carefully scrutinize your applications for errors so that all documentation is in order.
Below are the following documents required for the request for a technical service license in Dubai –
- Copy of the shareholders’ passport
- Entry stamp or page of a visa
- 2 passport-size photographs
How Much Would It Cost to Obtain a Technical Services License in Dubai?
Since the UAE consists of seven emirates, the expense related to a technical services license in Dubai will thus depend on several factors, such as the size of the company, the kind of business activity selected, and, of course, the place selected.
Therefore, the Technical services license cost in Dubai starts from AED 18,500 up to AED 25,000. Additional costs include the fees of approvals from the Department of Economic Development, license registration, and fees for municipal sponsorship. Thereafter, you can plan more work permits, office space, and other overhead expenses. It is advisable to contact our professionals at Future Dream for an accurate estimate of costs.
Future Dream – Crafting Pathways to Business Prosperity!
On a simple note, setting up a corporation in Dubai and obtaining the necessary license becomes completely hassle-free if one gets professional assistance. However, a variety of hindrances, from how to choose the right company plan or perhaps not knowing what the technical services license cost in Dubai is, can make aspiring business people feel helpless.
On the contrary, to us at Future Dream, everything is achievable as long as we know the right direction and approach. Therefore, we are there with you through thick and thin in acquiring either your commercial, industrial, or professional license. Future Dream will cover all aspects with professionally rendered services and full-fledged company formation packages at very competitive pricing.