Business Incorporation for Education Providers at Rakez

About 10 million people from all over the world live in the UAE. They like the place to live, work, and play. Education is a key part of a country’s ability to be a good place to live. The article below will help investors figure out the scope, benefits, requirements, and steps for setting up a business for education providers.

Invest in an educational institution in the UAE?

The UAE has more than 400,000 college students from 187 different countries taking 18 different types of courses, according to the latest government data. Even though the British, Indian, and American curricula are the most popular, many students like the International Baccalaureate (IB) and UAE Ministry of Education curricula, among others.

So, there are a lot of ways for educators to make money in the business of getting young minds ready for a better future.

According to a study done by the consulting firm EY-Parthenon, setting up an educational institution in the UAE is much easier than in countries like Singapore and Malaysia when it comes to getting into the country and getting the right permissions from the right people.

The other good things about investing in a business in the UAE are that 100% of the company can be owned by foreigners and that there are convenient dedicated educational zones.

How to setup higher education institution in UAE

In the UAE, starting an educational business is the same as starting any other business. But this may require a lot of paperwork and approvals from more people. What you have to do is:

Get the permissions you need

Depending on which emirate you want your school to be in, you need permission from different authorities. For example, if you choose Ras Al Khaimah, you’ll need permission from the Ministry of Education, the Department of Economic Development, and the license-issuing authority if you’re renting land to build your facility – Ras Al Khaimah Economic Zone (RAKEZ).

Incorporate your company

Register your business, get a license, and rent a building or piece of land that is already set up for your institution.

Develop your facility

If you are building a facility, you need to get pre-requisite approvals and building permits before and after your project is done.

Get UAE visas

Get your partners/investors, managers, and planning staff in the country to start the first work.

Open a bank account

Talk to local banks and open a bank account for your business so you can apply for loans and keep your business funds in a safe place.

Hire academic faculty

Depending on how you run your business, you may give many people jobs at different levels. You can hire people from any country in the world to work in the UAE.

Begin operations

Now that your business, facility, and employees are all legal, you are ready to let people in.

Ras Al Khaimah (RAK) – The ideal place for your educational business

Ras Al Khaimah’s education system tries to meet the needs of its residents and the growing number of expatriates. This has led to more people enrolling in private schools that offer affordable and appealing prices.

If you want to start an education business in Ras Al Khaimah, you need to think about what kind of school to open and what courses to teach.

Blackswan for Business Setup in UAE

In the UAE, RAKEZ Academic Zone is a centre for education with local and international institutions and service providers..The Academic Zone was made to attract and help qualified educational institutions that are committed to providing market-driven education, training, and professional development services that help Ras Al Khaimah, the UAE, and the wider Gulf region.

Academic Zone makes it easier to start a business. It gives you many options for leasing buildings or land where you can build, own, and run a school, college, or training institution. It also gives you professional help and support at every step of the way, from researching the local market to setting up the business and keeping it going.

Get in touch with experts at Black Swan to setup your business in the UAE. Call/WhatsApp us or fill up the form below

Tags : Educational Institution Setup Dubai, Business Setup Service in RAK, RAK Mainland Company Formation, RAK Freezone Business Setup, Business Incorporation Dubai, Business Setup Dubai, Company Formation Dubai, Company Registration Dubai

Originally posted 2022-12-05 05:55:35.