Unlike industrial and commercial licenses, a professional license allows 100% ownership for foreign investors, permitting them the advantages of a sole proprietorship. However, it is mandatory to appoint a UAE national as a local service agent to complete the judicial formalities. The agent does not have any direct involvement in the company, apart from charging a fixed annual fee for the service offered. They will have no equity and are also not liable to pay for the liabilities of the company. One has to approach the Department of Economic Development (DED) to get a professional license as it handles all the activities related to licenses in Dubai.
