Renewal of a professional license - branch of foreign accounting firm
This service allows branches of foreign accounting firms to renew their professional license.
Renewal of a professional license - branch of foreign accounting firm
Service Fees
- AED 7,500 per branch and per year.
Conditions and Requirements
- Compliance with Ministerial Resolution No. 111 of 2022 regarding regulations for insurance against liability for professional errors ( https://www.moet.gov.ae/en/auditing-accounts-legislations )
Required Documents
- A copy of the valid trade license of all the branches of the company, issued by the concerned authorities.
- A valid copy of professional indemnity insurance policies entered into with one of the insurance companies operating in the UAE.
- Annual Statement
Steps and Procedures
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Fill out the application form, attach the required documents, and submit the application.
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The Ministry will review the application.
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Pay the renewal fees, and the professional license will be issued automatically.
Service Type
Procedural
Average Duration for Service Delivery
1 working days.
Service Provision Channels
- MOET website
- MOET smart app
Target Audience
Branch of foreign accounting firms holding a professional license
Service Provision Timings
24 hours
Sustainable Development Goals
Contact Details
Call Center
Phone
8001222
Email
info@moet.gov.ae
