When it comes to a location for starting a project management services company – Dubai, UAE is a great choice.
Essentially, a project management consultancy provides expert advice, and is often brought in when a company is lacking the necessary project management expertise or requires third-party impartial advice on a particular project. Clients could be private individuals or companies of any size.
In this article, we will look at:
- Benefits of starting a project management consultancy
- Steps to start a project management consultancy company in Dubai
- Cost of getting a project management license in Dubai
- Documents required to start a project management consultancy in Dubai
- Working with Creative Zone
Benefits of starting a project management consultancy
There are a number of key benefits when it comes to starting a project management consultancy in the UAE. These include:
- You can be flexible in your work: You are able to choose the projects you take and choose the hours you work, plus you can make your schedule work for you.
- You can have variety in your work: You can work with many different clients, often in different industries, which keeps your working life interesting.
- The chance for growth: With such a dynamic business environment in Dubai, there is huge demand now (and likely in the future) for project management consultancies.
- Start small – or big: Whether you set up as a freelancer by yourself or in a company with employees, you can start (and grow to) a size that works for you, at your own pace.
Steps to start a project management consultancy company in Dubai
So let’s break down what you need to do to start your project management consultancy company. Ideally, you should work with a company setup expert to manage the entire application process on your behalf.
Step 1: Select your 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 Frank Milton Consultancy is fine, but F Milton Consultancy is not. Of course you will also need to ensure your chosen company name is still available for you to register. This part of the process, like many others, is much smoother if you choose to set up with a company formation specialist like Creative Zone.
Step 2: Applying for your license
If you are taking the free zone route, then you can apply directly to your chosen free zone. For the mainland option, you can apply to the Department of Economic Development (DED).
The key is to make sure that your application is free from errors so you avoid potential delays. Bringing in the services of a company formation specialist means you have the peace of mind knowing that your application is ready to go and having a professional on-hand who can guide you through the entire process – start to finish.
Step 3: Applying for your visa/s
Of course you get a visa for yourself, but it’s also worth noting that as the holder of a UAE business license, you can also sponsor others for their visas too. This could be a spouse, parent or child, or a domestic worker such as a housekeeper. The maximum number of visas you can apply for will depend on the size of your company, your chosen setup and, for dependant visas, your earnings.
Cost of getting a project management license in Dubai
It’s quite difficult to estimate the cost of getting a project management license in Dubai in general terms.
But the cost of a consultancy license might vary between AED 15,000 to AED 25,000, depending of course on how exactly you set up and the location you choose. The only way to get an accurate, up-to-date quote is to contact Creative Zone who will be able to advise you on a tailor-made price that covers everything you need.
Documents required to start a project management consultancy in Dubai
It’s worth making your application with a company formation expert who can help ensure everything is in order ahead of time. But generally, the following documents are what is required:
- Application form – complete and free from errors
- Passport copy of the proposed owner/s
- Passport size photos (x2)
- In some cases an NOC certificate is required
Working with Creative Zone
Now is the time to work with a specialist to ensure your project management consultancy business is set up smoothly.
When you’re looking to set up a project management consultancy 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. 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.