6 February, 2024

How to Get a Consultancy License In Dubai, UAE – Process & Cost Involved.

consultancy license in dubai

Are you considering starting a consultancy business in Dubai? Obtaining a consultancy license in UAE is a crucial step. Firstly, research the type of consultancy service you want to offer and ensure it aligns with Dubai’s regulations. Then, choose a suitable location for your business and register it with the Department of Economic Development (DED). Prepare the necessary documents, such as passport copies and business plans. Finally, complete the application process and pay the required fees. With these steps, you’ll be on your way to obtaining your consultancy license in Dubai.

What is a Consultancy License in Dubai?

A Consultancy license in Dubai allows individuals or companies to provide consultancy services in the emirate. It empowers them to provide expert advice, guidance and solutions in various areas such as business, finance, legal matters, other specialist areas etc. Gaining this license fulfills a requirement set by local authorities availability, including documentation, costs, sometimes specific qualifications or experience This is an important step for, ensuring compliance and reliability in the marketplace.

Also Read: Industrial License in Dubai

How to Obtain a Consultancy License in Dubai, UAE

In the UAE, one popular type of business license is for consultants. These are professionals who provide expert advice in various fields like business, accounting, marketing, and specialized services. Many businesses, both big and small, in the UAE require consulting services. For instance, in 2021, Dubai alone issued 72,152 new business licenses, which was a significant increase from the previous year. In the first half of 2022, Dubai granted 45,653 new business licenses, showing a growth of nearly 25% compared to the previous year. This indicates a rising demand for consulting services in Dubai, especially in the post-Covid era.

Businesses often seek specialized help to grow and improve. In the UAE, there’s a high demand for advisors who can offer smart strategies to expand customer base and increase revenue. Consulting services cover various areas such as employee training, IT support, marketing, and finance. If you’re interested in starting your own consultancy business, RadiantBiz can assist you. Feel free to reach out to us for more information.

Types of Consulting Services in Dubai, UAE

The potential of your consultancy license in Dubai opens doors to a multitude of services. Here’s a glimpse at what you can offer:

  • Educational Consulting: Aid candidates in test preparation and higher education applications.
  • Immigration Assistance: Guide individuals through eligibility criteria and documentation processes.
  • Company Formation: Support entrepreneurs in setting up their businesses with a range of services.
  • Strategy Development: Assist companies in resource management and goal alignment.
  • Project Management: Plan, organize, and oversee company projects efficiently.
  • Investment & Financial Advisory: Offer investment options and strategic financial guidance.
  • Industrial Consulting: Provide solutions for evolving business needs.
  • Market Research & Analysis: Study the market to predict product/service viability.
  • Sales & Marketing: Improve lead generation and brand visibility.
  • VAT, Tax & Accounting: Maximize profits while complying with regulations.
  • Recruitment & HR: Source talent, onboard staff, and manage HR processes.
  • Process & Operations Management: Analyze and optimize business processes.
  • Logistics & Shipping: Offer solutions for storage, pickups, and deliveries, especially for e-commerce.
  • Information Technology: Provide technical support and solutions.
  • Engineering Services: Cater to technology and engineering needs.
  • Legal Consulting: Educate clients on legal aspects to ensure compliance.
  • Risk Management & Compliance: Identify and manage potential risk factors effectively.

Advantages of Consultancy License in Dubai, UAE

Starting a consultancy in Dubai offers many advantages. Here’s why:

1. Quick Setup: Getting your UAE consultancy license is super-fast. In just under two hours, you can have it ready to go.

2. Investor Perks: UAE offers enticing financial benefits like no share capital requirements, full foreign ownership, and complete profit repatriation, making it a lucrative spot for investors.

3. Flexibility: Launching your consultancy here means you get to call the shots. Manage your time, choose your clients, and tap into a global market.

4. Diverse Industries: Whether it’s engineering, education, tourism, or transportation, Dubai hosts a wide array of industries where you can specialize your consultancy services.

5. Cost-Effective: Setting up shop requires less capital without compromising quality. That’s a win-win situation!

6. Growth Opportunities: Many budding businesses prefer to outsource resource management and strategy. As a local expert, you’re in the perfect position to cater to these needs and expand your client base.

If you’re considering launching your consultancy in Dubai, it’s essential to understand the requirements and procedures involved. RadiantBiz, the leading business setup consultant in Dubai, can guide you through the process. Our experts ensure a smooth start to your consulting firm by providing all the necessary information for obtaining your Consultancy license in Dubai.

requirement for consulting company license in dubai

Documents Required for Consulting Company License in Dubai

To apply for a consultancy license in Dubai, you’ll need these documents:

  1. A filled-out application form.
  2. Copies of the business owner/partner’s passport and visa.
  3. Two recent passport-size photos in color.
  4. Copies of any necessary approvals.
  5. A No Objection Certificate (NOC) from sponsors.
  6. A Unified Number, required if the shareholder holds a visit visa.

With these documents in hand, you can smoothly proceed with your consultancy license application in Dubai.

get a consultancy license in dubai

Step by Step Process to Get a Consultancy License in Dubai, UAE

Thinking about starting a management consultancy in Dubai? Here are five essential steps you need to follow:

Choose Your Business Activity for your Consultancy License In Dubai: 

Most management consultancies fall under the ‘consultancy’ category, covering services like management consulting and marketing.

Select a Trade Name for your Consultancy Business In Dubai: 

Your business name must comply with Dubai naming regulations. Avoid using acronyms of your name or any offensive language.

Decide on Your Business Location for your Consultancy Business In UAE:

Operating from a free zone offers advantages such as 100% foreign ownership, full repatriation of capital and profits, and zero income and corporate tax.

Complete Your Application and Pay Fees Online:

Register on  customer portal, submit your application for the management consultancy license, and pay the required fees online.

Receive Your License and Set Up a Business Bank Account:

Once approved, collect your business license and open a corporate bank account to facilitate client payments.

By following these steps, you’ll be well on your way to launching your management consultancy in Dubai with ease.

Cost of  Consultancy License in Dubai

There are two types of license packages:

  • A no-visa package starting from AED 5,500.
  • A two-visa package starting from AED 19,000.

As for payment, you have flexibility:

  • You can pay the full amount of AED 5,500 upfront in one go.

This fee also includes access to co-working spaces and contracts required to take it is important to consider these costs as per your budget half to start your consultancy business in the UAE. When you pay this fee, you get the necessary legal licenses and workspace structure, laying a solid foundation for your operations. Ensuring compliance with local regulations and having the right work environment from the start is an important step towards a successful consulting career in the UAE

Also Read : How to Get a General Trading License in Dubai

Consultancy License from UAE Free Zones

UAE Free Zones provide budget-friendly consultancy license packages, making it an excellent choice for those starting small or exploring new markets.

These zones offer top-notch infrastructure, amenities, and consultancy licenses, making them perfect for launching consultancy businesses. The Consultancy License, particularly sought-after, facilitates business growth.

Investors find Free Trade Zones ideal for obtaining office space, thanks to the supportive ecosystem and business network, fostering consultancy growth in the UAE.

How RadiantBiz will Help You Get Consultancy License in Dubai?

Discover how RadiantBiz can assist you in obtaining a consultancy license in Dubai:

  • Expert Guidance: Benefit from our team’s expertise in navigating the licensing process effectively.
  • Tailored Solutions: Receive personalized assistance tailored to your specific business needs and goals.
  • Documentation Support: We’ll help you gather and prepare all necessary documents for a smooth application process.
  • Efficient Process: Our streamlined approach ensures efficiency, saving you time and hassle.
  • Ongoing Support: Count on us for continued support and guidance even after obtaining your license.

With RadiantBiz – Business Setup Consultants in Dubai, obtaining your consultancy license in Dubai becomes a straightforward and hassle-free process.

Are you ready to setup a business in Dubai with RadiantBiz? If you want to learn about starting business in UAE, you can contact us by calling +971 50 797 4832 or sending a WhatsApp message to +971 50 777 5554. You can also email us at info@radiantbiz.com for assistance.

Are you ready to setup a business in Dubai with RadiantBiz? If you want to learn about starting business in UAE, you can contact us by calling +971 50 797 4832 or sending a WhatsApp message to +971 50 777 5554. You can also email us at info@radiantbiz.com for assistance.

FAQ- Consultancy License in Dubai

  • How much does it cost to set up a consultancy business in Dubai?

    The average cost of a consultancy license in Dubai typically ranges from AED 15,000 to AED 25,000. The final expense depends on factors like business setup type, office space, and hiring intentions.

  • How to start visa consultancy business in Dubai?

    Start by defining your business activities, selecting a name, applying for a trade license, and then obtaining the necessary visas. Ensure you have all required documents for the consultancy license application.

  • How to register an IT consulting company in Dubai?

    Submit the required documents to the Department of Economic Development and the UAE Federal Ministry of Economy, including an application form with your company name in English and Arabic, to obtain a commercial license.

  • How do I start a small consultancy?

    Start by assessing your skills, identifying market needs, leveraging organic marketing, investing in necessary tools, hiring wisely, crafting a compelling elevator pitch, and writing client proposals to kickstart your consulting business.

  • How do I start a freelance consultancy?

    Choose your specialization, set your rates, build a network, establish an online presence, and apply for contracts to begin your journey as a freelance consultant.

  • How to register a IT consulting company in Dubai?

  • You can apply for a freelance permission directly with the Department of Economic Development (DED) or through one of Dubai’s free zones, such as DKP.
  • How to Get A Consultancy License In Dubai

Here is the main procedures to obtaining a management consultancy licence in Dubai.
1. Select a Business Activity.
2. Select a Trade Name for Your Business
3. Select your business location.
4. Fill up your application and pay the fees.
5. Receive your licence and open a business bank account.
6. Innovate your business processes.
7. Assess the market.