Author: Ayushi Doegar
Published: December 1, 2023
With its robust economy, business-friendly environment, and ample opportunities across various industries, consultancy businesses can thrive in the diverse work environment of the UAE, where there's a rising demand for specialized knowledge and services.
Obtaining a management consultancy license in Dubai can provide access to a dynamic market, favorable business conditions, and a strategic location for regional and global expansion.
The activities you can pursue under a management consultant license can vary based on the jurisdiction and its specific regulations. The following are the most important activities that can be conducted under a management consultancy license:
Analyzing organizations' structures and operations to optimize performance and efficiency. Devising strategies, streamlining processes, and implementing changes to enhance overall effectiveness.
Offering guidance on navigating legal frameworks, ensuring compliance with regulations, and addressing potential legal issues. Advising on contracts, regulations, and risk management to keep businesses legally safe.
Advising on organizational design, restructuring, and change management strategies to enhance efficiency and effectiveness.
Providing comprehensive advice on various business aspects, including strategy, marketing, human resources, and operations. Developing plans, improving workflows, and achieving specific business goals.
Providing guidance on investments, accounting, tax, and risk management.
Conducting market studies, competitor analysis, and consumer behaviour research to aid in decision-making and market positioning.
Offering technical advice for construction, infrastructure, and technology projects.
Here are the steps for obtaining a management consultancy license in Dubai:
First, you'll need to choose a name for your management consultancy. Make sure it adheres to the UAE's naming conventions to avoid any unnecessary holdups. You should make sure that the business name hasn't been registered elsewhere, and you must avoid choosing anything that might be considered blasphemous or offensive.
Next, you'll need to choose your business activity. SPC Free Zone offers you a list of over 1,500 activities to choose multiple activities and combine under your consultancy license. Submit your initial approval form and, if everything goes to plan, you can receive your management consultancy license in 45 minutes.
The next step requires you to sign up for e-channel services. This quick signup service speeds up the application process significantly since the portal eliminates all unnecessary paperwork. Once you've applied for the service, you can apply for an entry permit which is valid for up to 60 days.
Finally, you can activate your status change. You will also need to apply for your Emirates ID card. To get the identity card, you will need to undergo a series of medical tests.
The cost of a management consultancy license in Dubai, UAE varies depending on where you plan to establish your business. SPC Free Zone offers some of the region's most affordable business setup packages, with management consultancy licenses available from AED 6,875.
Keep in mind that there are other costs to consider when applying for your management consultancy license:
For an accurate and bespoke quote tailored to your specific business requirements, reach out to the SPC Free Zone team or use the business setup cost calculator.
To get a consultancy license at SPC Free Zone, you need to submit the following documents:
| Document Type | Details |
|---|---|
| Activity(s) | List of business activities |
| Passport Copy | Of Shareholders, Directors and Managers |
| Emirates ID Copy | Of Shareholders, Directors and Managers (if applicable) |
| UBO Declaration | Ultimate Beneficial Owner Declaration KYC (Know Your Customer) video |
| Business Plan | Project summary (if applicable) |
| Photographs | Passport sized photograph of the Shareholders/Directors/Managers |
| Degree Copy | Of manager (if the activity requires a degree) |
| CV | Of manager (if activity is related to finance or education) |
| Trademark | For operating name (if applicable) |
At SPC Free Zone, we offer fast and flexible business setup in the UAE. Our centrally located offices are situated right in the heart of Sharjah, with easy access to Dubai International Airport. Our offices offer immigration services on-site, which means that you can receive your consultancy license in as little as 45 minutes.
As well as a quick business setup in the UAE, SPC Free Zone offers a whole host of benefits for entrepreneurs:
Are you ready to set up your management consultancy business in the UAE? Reach out to the friendly advisors at SPC Free Zone who can help you navigate each step of the process as quickly and easily as possible.
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