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One of the world’s most famous business hubs is Dubai with thousands of organisations from every corner of the world. Many industries like health, hospitality, travel and technology thrive in this open and encouraging environment. Being a growing business hub Dubai demands services of facilities management companies like offices, hotels, gyms, restaurants, and apartment buildings.
Working with Black Swan, the incorporation and licensing process is fast and straightforward. Following is a simple guide to set up facility management company in Dubai
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Location: A facility management company can either be in a free zone or in the UAE mainland. If in the mainland, it can be set up anywhere whereas in a free zone there is a 100% customs tax exemption, zero currency restrictions and the ability to repatriate all capital and profits to your home country.
Company name: The second step is choosing a company name. In accordance with naming conventions, no blasphemous or offensive language, no references to well-known institutions or any abbreviations of your name can be used. a legal entity has to be attached to like FZE or LLC. Working with Blackswan, we can register your trade name on your behalf.
The process of applying for your facility management license is different depending on where you choose to set up.
If you’re setting up in the mainland, you can make your license application directly to the Department of Economic Development (DED). If you’ve chosen a mainland setup, you should apply directly to the managing authority of your chosen free zone.
In both cases, Black Swan can manage this process for you, and liaise with authorities and government departments on your behalf.
When starting a facility management company in Dubai, you will need to submit several documents along with your application form. This may include:
You will need a residency visa, if you intend to live and work in Dubai, UAE.
You can also help you apply for your UAE visa and Emirates ID which involves four stages including a medical fitness test and biometric capturing that usually takes less than a week.
You can also sponsor others such as children, a spouse or domestic staff for their visas being holders of a UAE business license.
Facility Management License Cost depends on the size of your business, location and the type of activities you undertake. Setting up in a free zone is cost-effective. The cost ranges from AED 15,000 to 25,000.
Getting the right guidance beforehand is key, when starting a UAE facilities management business. To eliminate any potential hassles, it’s always advisable to undertake the steps with the assistance of a registered company formations agent like us.
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Originally posted 2021-09-29 06:51:31.