Dubai mainland professional license holder, currently running a consulting firm with no product revenue. Launching a complementary product line (branded physical kits shipped direct to clients) and the activity on the license does not cover product sales. Do not want to set up a second entity for it.
What we need to figure out is whether to convert the existing license to commercial, add a commercial activity as a secondary while keeping professional as primary, or split the product line into a subsidiary. Each route has different cost, different banking impact, and different corporate tax position (particularly around qualifying vs non-qualifying income if we shift activity classifications).
Need a consultant to map the three options against our actual numbers, recommend one with reasons, and run the DED amendment plus the downstream banking, VAT and corporate tax updates in the right sequence. We want a decision and an execution, not a comparison table.