One of the most well-known business setup is consulting business in Dubai, which requires a tremendous amount of technical expertise and experience. The expansion of consulting companies across the globe is evidence of the growing value placed on highly educated and certified individuals in the corporate sector. Given the abundance of prospects in Dubai, there is a constant need for consulting services. There are a few factors to bear in mind if you want to apply for a consultancy license in Dubai.
Different Types of Consultancy Licenses are:
There are numerous sorts of consultation licenses available if you want to launch a consulting business in the United Arab Emirates. In the United Arab Emirates, some of the most popular licenses for consultants are:
- Consulting in HR and Manpower
- Project Management Consulting
- Accounting and Finance Consulting
- Financial Advisory
- Sales and marketing advisory services
- Consulting in Strategic Marketing
- Consulting in Process and Operations Management
- Industrial Advisory
- Building Strategy Consultancy
- Consulting for Shipping and Logistics
- IT Consultation
- Engineering advisory service
- Legal Assistance
- Investment Advice
- Consulting for Market Research
- Consulting for Risk Management and Compliances
Ready to Start Your Business in Dubai?
Documents required to start a consulting business in Dubai
- Filled-out application
- Business partner’s passport and visa copy
- Two passport-size photographs in color
- Approvals copy
- The sponsors No Objection Certificate (NOC)
- If the shareholder has a visitor’s visa, provide the Unified Number.
The following steps are required to launch a consultancy business in the UAE:
Choose a trade name:
Choosing a trade name and defining the business’s activity are the first steps in acquiring a business license in Dubai for a consulting. Once a trade name has been chosen, it may be submitted to the appropriate body for approval.
Choose the location:
You can choose to establish your consulting firm in the Mainland or the Freezone. If you decide to go with Mainland, you will enjoy perks like the opportunity to compete for state contracts and conduct business locally without the assistance of a local agent. The Freezone, on the other hand, allows you to trade in foreign exchange and currencies, repatriate capital and profits, and enjoy a complete exemption from customs tax.
Trade License:
After deciding on your trade name and jurisdiction, you may submit an application to the relevant government for a trade license for a consultancy business. For the Mainland, you would need to submit an application for a trade license to the Department of Economic Development (DED), and for the Freezone, you would need to submit an application to the relevant trade license authority.
Visa:
You would also need to submit an application for a visa on behalf of your employees, as well as any additional domestic help and sponsored family members.
Corporate Bank Account:
You must also submit an application for a corporate bank account at one of Dubai’s reputable banks.
Why You Choose Us?
Make sure you go through the above checklist if you’re wanting to launch a consultancy in Dubai to gain a better understanding of the numerous needs and procedures. Contact Eaglewings Business Consultant, the top business setup consultant in all of Dubai, if you would like to speak with an expert about getting a consultancy license for your company. Our experts can help you quickly start your consulting firm by identifying all the information you need to know about obtaining a license.