عربي
Earn 2,000 AEDBusiness Management
Setup In UAE
The UAE, especially Dubai, is emerging as a global business and commercial hub that attracts entrepreneurship and firms from all across the globe. Business management consultants would be very important in this vibrant setting, assisting companies through professional advice and strategies on ways of optimizing operations, improving efficiency, and achieving company goals. Whether this is strategic planning, financial management, or operational improvement, management consultants are important to businesses aiming to make it big in the very competitive market.
Streamlined Business Management Setup in UAE with ExpressPRO
ExpressPRO provides comprehensive support, from understanding the local business landscape to knowing all the regulatory requirements. From the initial consultation, right up to the obtaining of necessary licenses, and beyond, ExpressPRO ensures a smooth and hassle-free setup experience, while you are busy building and growing your consultancy business.
Benefits of Management Consultancy Setup In UAE
As a business management consulting firm, businesses are entitled to a wide variety of benefits derived from their business licenses.
Among these benefits are;
Strategic
Location
Favorable
Business
Environment
Access to
thriving Market
Advanced
Structure
Networking
Opportunities
How to start a Consulting Business in Dubai?
Starting a consulting business in Dubai involves several steps, from choosing the proper business structure to obtaining the necessary permits and licenses. Here’s a comprehensive guide to help you through the process:
Determine the Business Activity
Before getting involved in the legal process, you must identify the business activities you plan to undertake. You can have multiple options; an HR consultancy license in Dubai is considered one of the best. In addition, the IT consultancy license in Dubai is also effective. The decision is all yours for your management consultancy business.
Choose a Business Structure
Dubai offers various business structures, each with its requirements and benefits; opting for the right one for your business brings ease to handling future business requirements:
- Sole Proprietorship
- Limited Liability Company (LLC)
- Branch Office
- Free Zone Company
Select a Business Location
You can set up your business on the mainland or in one of Dubai’s many free zones. Each option has its advantages:
Mainland:
If your business operates on the mainland, you can trade directly with the UAE market and take on government projects.
Free Zone:
Start a consulting business in Dubai free zone offers benefits like 100% foreign ownership, tax exemptions, and simplified import/export procedures.
Reserve a Trade Name
Choosing a unique trade name for your business is another crucial part of your planning. Ensure the chosen name complies with the naming regulations of the Department of Economic Development (DED). The holder ensures the name does not include offensive language, religious references, or abbreviations of your name.
Apply for Initial Approval
Once you have a clear picture of business activity along with the name, submit an initial approval application to the DED or the respective free zone authority. This approval indicates that the UAE government has no objection to you starting a business in Dubai.
Draft MOA and Local Service Agent Agreement
You must draft and notarize the Memorandum of Association (MOA) with your local partners for an LLC. If you are setting up a branch office or a sole proprietorship, you may need a Local Service Agent (LSA) agreement.
Secure a Business Location
Obtain a physical office space and get a tenancy contract. This is required for the final licensing process. The office space should meet the requirements set by the DED or the respective free zone authority.
Open a Corporate Bank Account
Select a suitable bank and open a corporate bank account. You will need your trade license, MOA, passport copies of the shareholders, and other documents as required by the bank.
Set Up Employment Visas
To hire employees, you must apply for employment visas through the Ministry of Human Resources and Emiratisation (MOHRE) or the respective free zone authority.
Required Documents to Setup
Management Business in UAE
Submit all the required documents to the DED or the free zone authority. These documents typically include:
- Initial approval receipt
- Trade name reservation certificate
- Notarized MOA
- Tenancy contract (Ejari)
- Approvals from relevant authorities (if required)
Consultancy License
Cost in Dubai!
Explore our tailored pricing plans for setting up a management consultancy business in
the Dubai, designed to meet diverse needs and budgets.
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