An event is a group of people coming together for a common purpose, at a set time and location, with a predetermined agenda and flow. It has a predetermined objective for which a specific plan must be followed. If you excel at generating these types of events, apply for an event management license in Dubai.
The following are some things that event organizers assist with based on what the clients (businesses or people) need:
Additionally, the event management license in Dubai permits businesses to provide services for shooting private ceremonies like.
With our assistance, you can start up your UAE events management company in just five simple steps.
Step 1: Describe your company’s operations
Outlining your business operations is the first step before submitting an application for a license to handle events.
Even if the events license enables you to engage in a variety of activities, from event advertising to hotel management, you must still list them on your application.
Working with a business formation specialist at this stage will ensure you are covered and avoid penalties for engaging in activities that are not permitted by your license.
Step 2: Choosing a name for your business
After outlining your company’s operations, pick a name for your business. In contrast to many other nations, the UAE requires a little more thought when taking this action.
You must adhere to the UAE’s company name rules in addition to selecting a name that accurately describes your product or service and sticks in the minds of your target audience.
Step 3: Selecting the appropriate setup
The last step before submitting a formal application for event management license in Dubai is choosing the best company structure for your enterprise.
In the UAE, there are often two options: the mainland or a free zone. Each has particular advantages.
Free zones provide an easy and affordable option to launch an events business and come with a number of alluring benefits, such as zero percent personal and corporate income tax and a complete exemption from customs duty. Additionally, unlike in many other nations, enterprises operating in free zones in the UAE enjoy the ability to repatriate all money and profits. Additionally, there are no limits on currencies or foreign exchange.
You can also establish yourself on the UAE mainland. Enterprises located on the mainland have access to the local market without the aid of a local agent and are able to compete for government contracts, which is not possible for businesses located in free zones.
Step 4: Obtaining a licensing application
The time has come to submit your application once you have chosen the activities you want to include on your license. You can submit an application directly to the Department of Economic Development of the emirate in which you intend to establish your business or to the appropriate regulatory body of the free zone, depending on your setup choice.
You often just need to supply a few specifics and some basic documentation when filing your application, whether you do it yourself or through a company formation agent, including:
> Completed application form.
> Passport copy of the proposed owner or owners.
> Two passport-size photographs in color.
Step 5: Opening bank accounts and applying for visas
You’ll also need to open your company bank account and apply for any necessary visas in addition to your business license application.
You can also apply for visas for your staff in addition to your own. Depending on your license type and the size of your organization, you may apply for a maximum number of licenses.
You are free to support dependents’ visa applications as well. The process is straightforward whether you want to move your family—including spouses, children, and dependent parents—to the UAE or you need to hire domestic help, such a cleaner.
It pays to deal with a company formation specialist who can walk you through what can be a challenging procedure when opening your corporate bank account. A business formation specialist may make appointments for you and offer advice on the best banks based on your circumstances.