If we talk about the economy of Dubai, we can easily say that it is considered to the fastest growing economies in the whole world. After the exploration process of oil in the region government and high ranked people in Dubai never settled.
On the other hand, they are constantly striving to take Dubai to the highest levels of its development. This is the main reason many industries and high scale plants are being installed in the region to increase the developmental process. In view of all these factors many local and international, small, and large businesses are highly willing to start their operations in the region to gain maximum profitability. But before investing your precious money in any business you must require professional level guidelines and information. This is where you need to hire professional business setup consultants in Dubai.
Basic Requirements to Get Consultancy License:
- First and most basic step is to identify that which business sector you want to cater. Or in which industry you want to provide your consultancy service. On the basis of your expertise, once you decided the sector then you need to list your company formally and officially.
- After the listing process it is very important that you develop your organization’s structure. It is very that you know that in which structure your company will be setting its place. As per your requirement you can set the organizational structure of Sole proprietor if you are the sole owner of the company.
- If you are staring your firm with another partner, then you need to select partnership. If more people are involved, you can set the structure to LLC as well.
- Last but not least if you are a franchise of any international chain of consultancy firm then your structure would be foreign company branch.
After setting up the structure of your elite business setup of consultancy firm you need to find best suitable location for your office. It will be best if you find your office in the free zone. After all these processes you need to open a bank account which will be registered on your company name. Then you will be able to apply for consultancy license in Dubai. After the listing process it is very important that you develop your organization’s structure. It is very that you know that in which structure your company will be setting its place. As per your requirement you can set the organizational structure of Sole proprietor if you are the sole owner of the company
Application Process for Consultancy License in Dubai:
- First of all, it is very important to know that where you will be submitting your license application. So, for both consultancy licenses commercial and professional you need to submit your application to the Department of Economic Development. Or you can also send your application to Dubai Free Zone.
- Application form must be complete, nothing should be blank in the form, or it will be rejected. All Relevant documents must be provided while application is submitted to the DED. On the other hand, they are constantly striving to take Dubai to the highest levels of its development. This is the main reason many industries and high scale plants are being installed in the region to increase the developmental process.
- Colored Xerox of your passport is a must if you are the sole owner. If you have more than one partner, then Xerox of all passports will be submitted. A minimum of 2 pictures will also be required along with your application.
- Well, it depends on the nature of your consultancy firm, some firms required to provide approval letter from government officials.
- It is also very important that you must provide NOC from your sponsor in the region for your Trade License in Dubai.This is the main reason many industries and high scale plants are being installed in the region to increase the developmental process.
In view of the requirements of consultancy in the region government have developed special procedures in order to provide approvals on urgent basis. After submission of your application along with all relevant documents there are multiple chances that you don’t have to visit the DED.
Department Of Economic Development DED in most of the cased directly e-mail the license to the concerns respectively.
Once you received your consulting license you can immediately start your operations as per your requirements.
