When you think Dubai, you think of big and small businesses occupying the nation’s skyscrapers and coworking units. Or, indeed, the business of building, cleaning, and maintaining those very office blocks.
And of course, the many businesses in between, from food vendors and taxi drivers to tour operators and technology companies. While these businesses may require very different skills and operate in very different spaces, they all demand one thing – manpower, and often lots of it.
It is for this reason that the UAE’s manpower supply industry continues to thrive. Whether looking for permanent staff to relocate long term or contractors and temporary workers for one-off projects, the UAE’s businesses turn to manpower supply companies to plug skill gaps fast.
If you have the resources and capability to meet this demand, you could be presented with a significant opportunity. And, when you start a manpower supply business with the help of Creative Zone, getting started is easier than ever.
In this article, we’ll look at:
- The benefits of starting a manpower supply company in Dubai
- The steps to start a manpower supply business in Dubai
- The cost of starting a manpower supply business in Dubai
Benefits of starting a manpower supply company in Dubai
As mentioned above, the main benefit of starting a manpower supply company in Dubai is demand. The emirate is always on the up, with thousands of new businesses opening their doors every year. And they all need labour.
On top of this, you can also benefit from the UAE’s attractive tax regime – still 0% on both personal and corporate income. VAT remains at a flat 5%.
When you set up in a free zone like Creative Zone, you’ll also benefit from zero currency restrictions, plus profit and capital repatriation freedoms.
Steps to start a manpower supply business in Dubai
Step 1 – Partner with Creative Zone
The first step to opening any type of business in the UAE is to book a consultation with Creative Zone. We’ll help you gain a complete understanding of the company formation process, and the way business operates in the UAE.
After checking that your documents are in order, we will guide you through the following company incorporation process.
Step 2 – Choose your business structure
A critical early decision is whether you wish to start your business in the mainland or in a free zone such as Creative Zone. This needs to be decided upon early as it will have an impact on the license application process.
Step 3 – Choose and register your trade name
Next, we will help you choose and register your company name. There are a couple of additional factors to keep in mind here. Most importantly, your name cannot be too similar to any competitors, and it must not be offensive or blasphemous.
Step 4 – Submit your license application
You are now ready to apply for your UAE commercial license. As well as a completed application form and initial business plan, you will also need to present all or some of the following documents:
- Proof of ID and address for directors and shareholders
- Passport copies for shareholders and directors
- Copy of trade name confirmation
- Memorandum of Association (MOA)
- Articles of Association (AOA)
At this stage, you will also need to register your company with the Ministry of Human Resources & Emiratisation. Keep in mind that as a registered manpower agent you will need to put up an AED 2,000 deposit for every employee brought into Dubai.
Finally, manpower supply agencies must be managed by a UAE national with a high school degree at the minimum.
What is the cost of starting a manpower supply business in Dubai?
It is difficult to estimate the total cost of opening a manpower supply business in Dubai without a complete picture of your business and its activities.
You will need to account for the cost of your trade license, registrations, premises, and much more. For a full breakdown of the costs involved, get in touch to arrange a free consultation with Creative Zone.
How to start your manpower supply business in the UAE with Creative Zone
All businesses require a license to trade in the UAE. And while the steps required to obtain one are not too complicated, a certain amount of prior knowledge is required. Specifically, it is vital to ensure that your business license and visa applications are entirely free from mistakes.
This can be somewhat stressful, so as we have advised throughout this article, the fast-track to getting up and running is through working with a company formation specialist.
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 business activity 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 ten years, Creative Zone has helped more than 36,000 entrepreneurs set up their businesses. Whether it is a mainland business setup, offshore company setup, free zone company setup, or the issuing of trade licenses and any related activity for registering a company, Creative Zone is your one-stop-shop.
Our customer-first focus and our staff who speak 22 languages mean you get a tailored package to suit your specific needs. We have worked with clients from around the world, setting them up in over 200 different business activities.
Let Creative Zone make your journey into business ownership quick and hassle-free.