How to Start Lifestyle Consultancy Business in Dubai

After the pandemic, people have shifted their attention towards mindful living. This results in increased opportunities among ‘lifestyle consultants‘.

Consultants help clients to manage fitness, style, relationships, nutrition, and many more. They focus on the lifestyle of the clients and guide them to make positive changes and align them with their goals. This new industry is a lucrative opportunity for people who like to start a business in the United Arab Emirates.

The United Arab Emirates has 90% of foreign individuals in their country. It has a unique landscape of people with a diverse portfolio of different individuals and lifestyles, making the diverse market to get better. Here, you’ll explore how to start your lifestyle consultancy business in Dubai.

Choose Your Company Name

After choosing your business activity, you must select a name for your business. It is important because the name of the business represents your brand. The name you choose must adhere to the rules of UAE authorities and must not be offensive.

Select Your Location in Dubai

You must choose the suitable location for your business. Mainland and free zones are the two main locations you can select from. It has its own advantages and perks. Mainland locations provide direct access to markets while free zone locations offer ease in business setup, low financial costs, diverse licensing perks, easy applications, and many more. Choosing a suitable location will seal your deal to turn your business dream to reality.

Business’ Legal Structures

A legal structure your business undertakes depends on the location you choose. Mainland business can access LLC legal structure allowing for sole proprietorship, or partnerships. Free zones offer 100% ownership to the entrepreneurs regardless of business activity and nationality. You can register the company as a Free Zone Company (FZC), or a Free Zone Establishment (FZE). FZCs need two shareholders or more and FZEs require one shareholder.

Trade License Application in Dubai

You must acquire a license if starting the lifestyle consultancy business. The trade license allows its holder to engage in the business activities in the United Arab Emirates. This document is necessary for every entrepreneur. You should apply for a consultancy license and specify as lifestyle coaching for your lifestyle consultancy business.

To apply for the license normally, you should submit your documents to the particular Emirati government authority. For a free zone, you must submit your documents to the specific free zone authority.

Documentation & Paperwork to setup Business

This is a vital step to make your business to run smoothly. Every entrepreneur and firm must abide by the laws and regulations of the UAE. After this step, you’re legally permitted to commence operations.

Black Swan can help you in Business setup service in Dubai. Call / Whatsapp +971 56 219 3732 / +971 4240 6939 or Fill up the form below to get an affordable business license in Dubai.

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