Management Consultancy License in Dubai: In the Middle East, Dubai over time has managed to develop into an important business hub. There are several global players who have made Dubai their main center for business operations and headquarters. Due to its strategical location, Dubai is regarded to be a major tourist and business location for all global travelers.
Dubai’s business landscape can be termed to be quite competitive, especially with the establishment of innovative companies in the growing large diverse market. This emirate is also a popular business market with mammoth potential audience reach, since its expat population has been increasing continuously.
Business Licenses in Dubai are broadly categorized into
Steps to obtain a Professional Trade license in the Mainland of Dubai
- Select Business Activity
- Select Legal Form
- Select a Trade Name for your Business
- Apply for Initial Approval
- Prepare MOA & LSA Agreement
- Establish a Business Location
- Get Licensing Approvals
- Collect Business License
Common Business Types in the Mainland of Dubai
- Joint Liability Company
- Sole Proprietorship Company
- Limited Liability Company (LLC)
- Public Joint Stock Company (PJSC)
- Private Joint Stock Company (PrJSC)
- Civil Company
- Branch Offices
Management Consultancy and Business Scope in Dubai
Management Consultancy business in Dubai is considered to be integral to the business ecosystem. They provide assistance to their clients to leverage effectively their available resources as well as to achieve set business goals.
Ambitious business leaders belonging to large companies taking the help of Management Consultancies are able to transform their organization. Appropriate solutions are offered by Management Consultancies to help businesses to easily adapt with the changing technology and market trends.
License Name: Management Consultancy
License Activity Code: 741 405
License Activity Group: Consultancy – D- Management, information as well as Marketing.
License Type: Professional
Activity Description:
In Dubai, obtaining Management Consultancy License does allow to carry out different types of activities, some of which are mentioned below:
- Study organizational performance to devise improvements.
- Offer administrative consultancy
- Prepare internal procedures & policies for companies
- Devise business plan to help streamline business operations
- Develop & restructure strategic plan for business
In Dubai, Management Consulting is considered to be in Profession Trade License section.
Entrepreneurs on obtaining professional Trade license can set up business office legally, hire employees, carry out transactions with clients, apply for visa, etc.
Management Consultancy License Cost in Dubai
You have to go through several steps, some of which are complex and less complex. In general, the first thing to do is to choose a business activity. From here, you need to determine the company name, fill out and submit registration documents to the relevant institutions, open a bank account, and apply for the necessary visa.
The details of this process vary greatly depending on the type of license you apply for and the type of business you want to run. Therefore, before starting any of these steps, the first call port should always consult a company setup specialist. The company walks through all aspects and ultimately the whole process takes less than a few hours.