How to start a consultancy business in the UAE?

How to start a consultancy business in the UAE?

Every now and then, a business finds itself in need of services that cannot be availed of internally, or runs into problems that cannot be solved internally. This is exactly when the need to hire consultants arises. Consultants are skilled professionals in a specific field and offer advice and solutions relevant to their area of expertise. Consultancy services in the UAE can be availed for a variety of specialisation areas that include HR, finance, law, marketing, real estate, and so on.

Following are some scenarios where a business may reach out to a consultant:

  • Availing solutions when it does not have the resources to provide the necessary expertise
  • Short-term tasks/projects that demand specific knowledge
  • Obtaining an outsider’s opinion about their internal business processes

Being a global business hub, the UAE is home to businesses encompassing a wide range of industry sectors. Hence, it comes as no surprise that consultancy businesses are in such high demand in a multifaceted business hub like the UAE. It is worth noting that the UAE is the second biggest consultancy market in the GCC, only after Saudi Arabia. So, if you are looking to set up a consultancy business, look no further than the UAE as your business destination. All you need is the right guidance to get started with your consultancy business in the UAE.

Setting up a consultancy business in the UAE

A consultancy business can be set up as a mainland or free zone company in the UAE. Due to the numerous benefits it offers, a free zone emerges as the more beneficial jurisdiction for setting up a consultancy business in the UAE. No matter what field you plan to consult in, the procedure to start a consultancy business in a UAE free zone remains more or less the same.

1. Decide on the type of free zone entity

A free zone company can be one of the following legal entities:

  • Free Zone Limited Liability Company (FZ LLC)
  • Free Zone Establishment (FZE)
  • Branch

2. Register your business name

Your business name must align with the naming conventions set by the free zone authorities.

3. Obtain external approvals

Depending on the type of consultancy business you wish to start, you will have to obtain the necessary approvals from government authorities. For instance, to start an educational consultancy, you would need approval from the Knowledge and Human Development Authority (KHDA). Additionally, in the case of certain specialization areas, you may have to appear for examinations as asked by the relevant authorities. As an example, setting up a real estate agency requires you to appear for an examination conducted by RERA (Real Estate Regulatory Agency). In certain cases, the process of obtaining external approval is conducted after applying for a business license. It is advisable to consult with a business setup service provider for details about external approvals.

4. Apply for a business license

Submit the business license application form along with the required documents

5. Business license issuance

 

The free zone authorities will issue your business license along with the unit lease agreement (if applicable).

Starting a consultancy business in the UAE is no doubt a lucrative opportunity. However, forming a consultancy company involves a lot of legal and regulatory procedures. As such, having a business setup service provider by your side is absolutely necessary to ensure legal compliance and to avoid unnecessary complications. At InZone, our business setup experts are well-versed with the laws, regulations, and procedures relevant to company formation, and can help you launch your consultancy business in no time.

Let's Talk

Get a response within 4 business hours!

This field is required
This field is required
This field is required
This field is required

Recent Articles

How to Change the Registered Agent for a RAK Offshore Company?

As we know, the UAE holds an exemplary stature as an offshore jurisdiction, and one of the key reasons behind this is the remarkable ease of setting up companies and doing business here. As the UAE’s premier offshore jurisdiction, RAK ICC exhibits the same traits that have made the UAE such an incredible business destination....
Read More ›

Why Conduct User Research Before Launching a Product?

In today’s constantly evolving and fast-paced business environment, to stay a step ahead of the competition, you need this one thing the most – that is satisfying your consumers and attracting their interest. You cannot do that unless you have thoroughly understood them. Here comes the need for user research! User research is the compass...
Read More ›

3 Actionable Tips for Entrepreneurs to Boost Productivity

Unlocking your full potential as an entrepreneur requires more than just hard work. It asks for strategic productivity. As an entrepreneur, there are multiple tasks, decisions, and goals that you have to handle in a limited time. And being unproductive is not something that an entrepreneur can afford in any situation. In this blog, we’ll...
Read More ›

5 Simple Tips to Cultivate an Entrepreneurial Mindset

Being an entrepreneur doesn’t just mean having business acumen and knowledge but it has a lot to do with your mindset, values, thoughts, and habits. Entrepreneurship is more than a destination; it is a process that only people with willpower and creative thinking can endure and reach peak success. So how can you get that...
Read More ›

The UAE’s Visit Visa Rules in 2024

The UAE has time and again emerged as a top travel destination over the years. Being the metropolis that it is, the UAE has always appealed to professionals, entrepreneurs, investors, and tourists alike. As of today, the UAE is home to over 200 nationalities and continues to welcome people from across the globe. Similar to...
Read More ›

How to Redomicile Your Offshore Company to the UAE?

Over the years, re-domiciliation of companies has become a widely adopted concept in the UAE, particularly with regard to offshore businesses. Re-domiciliation or transfer of domicile means the transfer of a company’s registered address from one jurisdiction to another. As the global laws for tax transparency and anti-money laundering have become increasingly stringent, numerous offshore...
Read More ›

How To Obtain ISO Certification in Dubai?

In Dubai’s increasingly competitive market, it is crucial to stand out amongst competition through the quality of services or products that you offer. It has become necessary to attain the set benchmarks for the efficiency of your processes and the quality of your offerings. But, reaching those standards and more importantly, showcasing your commitment to...
Read More ›

How to Obtain a Business Loan in the UAE?

It is quite common for business owners to find themselves in need of a business loan in the UAE. As running a business requires strong financing upfront, it becomes necessary to secure a constant flow of funds, and a loan gives you just that. Whether you are looking to expand your business, launch a new...
Read More ›

The UAE’s Golden Visa Requirements for 2024

Though the trend of settling abroad is not new, it has gained momentum in recent years as more and more individuals look to secure foreign residencies. Some move overseas in the quest for career opportunities, others seek quality education, while a section of these individuals simply desire a better quality of life. Among the abundant...
Read More ›
We Accept

We accept the following credit cards. Our website is secured with SSL 256 Bit Encryption.

We accept credit cards
Why Choose InZone
  • We provide 30 day money back satisfaction guarantee to all our clients.
  • We provide 100% confidentiality to all our clients.
  • We provide a dedicated account manager.
  • We provide bank account opening assistance through our well-established banking relationships.
Refer & ReceiveRefer and Earn
Contact Us