When you have such a busy, ever-growing business community such as Dubai, it follows that the demand for business services is strong. That’s certainly the case for legal consultancies. So here we will look at a number of key areas you need to consider when setting up your legal consultancy in Dubai, so you can get started in this dynamic business environment.
In this article, we will look at:
• Benefits of starting a legal consultancy business in Dubai
• Cost of starting a legal consultancy business in Dubai
• Steps to open a legal consultancy business in Dubai
• Documents required to start a legal consultancy business in Dubai
• Working with Creative Zone
Benefits of starting a legal consultancy business in Dubai
The key benefit of opening a legal consultancy in Dubai is that you are operating in a place that is fully of not only multinationals but a huge SME community – all of whom require business services such as legal consultancy. It enables you to start small and grow from there.
Cost of starting a legal consultancy business in Dubai
The cost to open a legal consultancy in Dubai will depend on your chosen business activity, company size and where you set up.
As an approximation, you might expect a free zone setup to be around AED 20,000 – AED 25,000 for both license and visa. Keep in mind that there will be additional costs should you require qualifications or accreditations specific to legal consultancies.
It’s worth at this point speaking to Creative Zone who have the latest pricing and can tailor-make a package that suits your exact needs, and give you an accurate quote.
Steps to open a legal consultancy business in Dubai
When you’re looking to get your legal consultancy set up there are a number of steps to follow. Let’s break these down:
Step 1: Decide on your business activity: It is vital that your chosen activity aligns exactly with the business activity you are going to undertake. To make sure everything here is clear and compliant, it’s worth bringing in the services of a company formation specialist. This is not an area where you want to make a mistake as it can cause serious issues if you are carrying out unlicensed activities, even unknowingly. It’s important to note that every activity you carry out – within your legal consultancy – must be specified so you have the correct license.
Step 2: Choose a company name: The UAE is fairly strict when it comes to naming companies, so it’s important to be aware of the regulations. Essentially, you must avoid any language that could be seen as offensive or blasphemous. You must avoid any name that is already held by a well-known organisation. If you’re naming your company after yourself, ensure that you don’t abbreviate your name. So Matthew Taylor Legal Consultancy is fine, but M. Taylor Legal Consultancy is not. Of course you will also need to ensure your chosen company name is still available for you to register.
Step 3: Select free zone of mainland setup
The next decision you need to make is whether to set up on the mainland or in one of the UAE’s free zones. Free zone setup is popular and often very cost-effective – however, if you do take this route you would have to take some additional steps (such as opening a branch or using a distributor) if you want to trade directly with the UAE market. Only a mainland setup allows you to trade with the UAE market without extra steps.
It’s here that a company formation specialist can advise you on the best option for your chosen business.
Documents required to start a legal consultancy business in Dubai
Whether making your application yourself, or through a company formation agent, you are usually only required to provide a few details and some basic documentation, including:
• Completed application form
• Passport copy of the proposed business owner/s
• Two colour passport size photos.
The application process is also fast, with all company documentation in place it can usually be issued within a week.
Working with Creative Zone
So those are the key points around business setup in Dubai where it comes to a legal consultancy. It’s fairly straight-forward and you should be up and running quickly.
When you’re looking to set up a new company, or even as a freelancer, you can be sure what you’re getting from Creative Zone is the latest, up-to-date info from people who deal with this every day.
While the setup process can be somewhat stressful, you can fast-track it by working with a company formation specialist. It’s the quickest way to get set up in the UAE, letting us take care of all the details and ensuring your application is free from errors.
We can also help you with opening a corporate bank account and also offer important advice on the type of financial institution that would best suit your requirements.
Here at Creative Zone, we offer you the best solutions to start your company in the UAE. You get fast, reliable and unbiased advice on your unique business setup requirements. We can help you choose the right kind of license for your chosen business activity/activities and take you through the entire process from start to finish.
You can let us deal with the hassle of registering a company while you focus on your business. And working with us means you get the best budget friendly and cost-effective solution to help make your business dream a reality.
Over 10 years, Creative Zone has helped over 36,000 entrepreneurs set up their businesses in Dubai. Whether it be a mainland business setup, offshore company setup, free zone company setup or issuing of trade licenses and any related activity for registering a company, Creative Zone is your one-stop-shop.