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How to get started: Consultancy Business in the UAE
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Are you thinking of starting a consultancy business in the UAE? Look no further! With numerous opportunities for consultancy services across a variety of industries, the UAE is a hub of business activity and innovation. The demand for consultants in…
Are you thinking of starting a consultancy business in the UAE? Look no further! With numerous opportunities for consultancy services across a variety of industries, the UAE is a hub of business activity and innovation. The demand for consultants in the UAE continues to grow, from legal advice to financial planning.
A consultancy business in the UAE has many advantages and challenges, as well as the necessary steps to get started. In this blog, we will explore the advantages and challenges and provide insights into how to get started. This blog will help you navigate the world of consultancy in the UAE, whether you’re an established professional or just starting out.
DEFINE the services you will offer and the target market you will serve. It is important to consider your expertise and experience in order to choose the services you can provide to businesses and individuals in the UAE. You may want to specialize in a particular industry, such as finance, marketing, or technology, or offer a broad range of consultancy services.
Identify your target market and research their needs and pain points. This will help you develop services that meet their specific needs and create a marketing strategy that will effectively reach them.
CHOOSE the appropriate business structure. In the UAE, you can choose to set up a Sole proprietorship/ establishment, a Civil company, or a Limited Liability Company (LLC). Each option has its advantages and disadvantages, so it’s essential to understand the legal and financial implications of each structure before making a decision.
OBTAIN the necessary licenses and permits to operate a consultancy business in the UAE. The specific requirements depend on your business structure and the services you offer, but generally, if you provide your services not only overseas but within the UAE also, you will need to register your business with the Department of Economic Development (DED).
Each emirate has it is own Department of Economic Development (DED), hence, the minimum requirements, fees, and activity lists differ from each other.
Kindly note that some activities require third-party approvals from the relevant Authorities (based on activity), and you will need to obtain them prior to or after the license registration in order to start operating.
Make sure to comply with all applicable regulations and requirements to avoid legal issues down the road.
At Bizzmosis, we understand the importance of this process and strive to provide transparent, impartial guidance and support to our clients. We stay up to date on the latest information regarding the UAE’s corporate legal framework and assist with all regulatory requirements, approvals, and permits necessary for operations.
Our goal is to simplify the complex array of solutions available to our clients by providing clear explanations of regulations and restrictions, highlighting the pros and cons, and fully disclosing the cost implications of various options. We believe in empowering our clients with knowledge so they can make informed and confident decisions.
To learn more, contact us
📧 hello@bizzmosis.com ☎️ +971 4 568 6522 📞 +971 52 979 8169
👍Follow our blog to stay informed on the latest and most reliable updates from the UAE government. We regularly discuss company incorporation and structuring, visas, product registration, and other topics related to conducting business in UAE.
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