Debt Collecting
For your Shuraa activity review, use code 8291001 to identify Debt Collecting within Dubai Mainland. Compare the supplied record with the work your company intends to undertake.
Activity code 8291001
Listed activity name: Debt Collecting
- Activity code
- 8291001
- Jurisdiction
- Dubai Mainland
- Licence type
- Professional
- Group code
- 749910
Activity description
Includes firms which pursues payments of debts owed by others to individuals or businesses, whether being postdated checks or bad debts or others, a security deposit of Dh 500000 should be deposited with DED if the legal status of the firm is sole proprietorship or general partnership, and the amount of Dh 2000000 for LLC companies., the minimal degree required is bachelor degree in law or business or economics or a related discipline, along with three years hands-on experience.
Additional requirements
No additional requirements are supplied in this record. This does not mean that no approvals are required; check the requirements for your application.
Authority reference: Invest in Dubai. Confirm the latest scope and requirements with the authority.
Scope checks for your Shuraa consultation
- Write down the exact work your business will carry out and compare it with the supplied description above.
- Identify any parts of your operation that the description does not clearly address.
- Keep any approval notes with this activity code and ask which requirements apply before submitting an application.
Plan your next step with Shuraa
Bring this activity code to your Shuraa consultation to discuss the intended scope of work, jurisdiction choice and application requirements.
Discuss your licensing questionsPublished by Shuraa Business Setup. This is an independent research directory, not a licensing decision. Data sources and limitations.