Event Management
Business Setup In UAE
Dubai, synonymous with grandeur and innovation, is a prime location for the event management industry. In 2023, Dubai hosted over 4,000 events, enticing millions of attendees worldwide. The city’s robust infrastructure, strategic geographic location, and commitment to hosting world-class events have made it a top choice for event organizers.
With a market valued at over $7 billion and an annual growth rate of 5%, Dubai offers immense opportunities for entrepreneurs looking to establish an event management company.
Event Management Business Setup in UAE with ExpressPRO
Launching an event management company in Dubai requires navigating a complex regulatory landscape and securing essential licenses. ExpressPRO specializes in streamlining this process, ensuring a hassle-free business setup.
Benefits of Setting up an
Event Management Business In UAE
The event Management business holds significant value for the entrepreneur and
investor to setup in the UAE. It offers the benefits including;
Affordable Business
Setup
Outstanding
Infrastructure
Visa
Sponsor
Worldwide
Talent
How to setup an Event Management Company in UAE?
To establish an event management service in Dubai, you need to follow the regulatory process
and start operating in this vast market. Below are the steps you need to follow thoroughly.
Choose Business Activity
Before starting an event management company, you must decide which niche your company will cover under this business. Identifying specific services such as corporate events, weddings, concerts, venue sourcing services or trade shows will assist you in establishing your business scope and help in the licensing process.
Select Business Name
Another challenge is choosing a unique name for your business that complies with the UAE’s event management services naming conventions. It is advised to avoid names that are offensive, blasphemous, or similar to existing companies. Ensure that the name reflects the nature of your business so the audience can hold a grip on your business while recommending it to others.
Choose Right Jurisdiction
Before proceeding with the regulatory authority, decide whether to set up your business in a Free Zone or on the Mainland. Each jurisdiction has its advantages to offer, including:
Free Zone:
Offers 100% ownership, tax exemptions, and easier repatriation of profits. However, you may face restrictions on conducting business directly with the UAE market.
Mainland:
Allows you to trade directly within the UAE market but requires a local sponsor or service agent.
Apply for a Business License
Once you have a clear picture of your business niche and jurisdiction, submit your event management license application to the relevant authority based on their chosen jurisdiction laws:
Free Zone:
Apply through the respective Free Zone Authority.
Mainland:
Apply through the Department of Economic Development (DED) in the emirate you plan to operate.
Visa Application & Bank Account Opening
Once all the relevant procedure is done, proceed with the following steps:
Visa Application
Apply for your residence visa and, if necessary, visas for your employees. The visa process involves obtaining an entry permit, a medical test, and a UAE ID card.
Bank Account Opening
Open a corporate bank account with a UAE bank. Provide documentation such as your trade license, MOA, passport copies, and business plan.
Required Documents for an
Event Management License in UAE
To obtain an event management service Dubai, you need to submit the necessary documents to proceed with the legal process. The document that needs to be submitted includes:
- Completed application form
- Passport copies of the shareholders
- Proof of trade name reservation
- Initial approval from the relevant authority
- Memorandum of Association (MOA)
Get your
Event Management License Today!
ExpressPRO helps businesses to get their license without being involved in a long
queue and the uncountable paperwork.
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