RadiantBizRadiantBizRadiantBiz9 March, 2024
With an influence of foreign investors, the UAE has seen the rise of various industries, including IT consulting in Dubai, as a primary tech hub, is witnessing significant growth in the IT sector. The government’s focus on technology aims to propel Dubai towards innovation and growth.
Dubai recognition as a leading tech startup hub, as acknowledged by Forbes, has attracted global investors and entrepreneurs. Additionally, Dubai offers favorable tax and customs rates, making it an attractive location for businesses. With a large population within a short flight distance, Dubai serves as an ideal gateway to the Middle Eastern, Asian, and African markets.
If you’re ready to establish your IT consultancy in Dubai, here’s everything you need to know to get started.
In Dubai, an IT consultancy helps businesses with their technology needs. They offer advice, solutions, and support to improve IT systems and processes. These companies play a crucial role in helping businesses navigate the complex world of technology.
Here’s a breakdown of what IT consultancy do:
Setting up an IT consultancy in Dubai can be a rewarding venture, given the growing demand for technology services in the region. With the right expertise and support, entrepreneurs can establish successful IT consultancy businesses to cater to the needs of businesses across various industries.
When considering how to set up your IT consultancy in Dubai, you have two main options:
Setting up your IT consultancy in a free zone offers several advantages:
There are over 30 free zones to choose from in Dubai, including Dubai Knowledge Park (DKP), Dubai Internet City (DIC), and Dubai Silicon Oasis (DSOA), which are popular choices for tech consultancy businesses.
Alternatively, you can set up your IT consultancy on the Dubai mainland. However, there are some limitations compared to free zone companies. Mainland companies must adhere to the Federal Law, which requires at least 51% local equity (UAE nationals’ participation) in commercial companies. Additionally, mainland companies are not permitted to trade outside of the free zone without appointing a local distributor.
Dubai tech industry is booming, with businesses investing heavily in technology infrastructure. With an expected 2% growth, Dubai status as a business hub makes it the ideal location for launching your IT company.
Here is How to Register your IT company in Dubai:
Setting up in a free zone is straightforward, with minimal paperwork and a quick licensing process. You can expect to receive your IT consultancy license in just two working days, starting from AED 12,500.
If you prefer working solo, you can apply for a freelance permit directly or through a free zone like DKP. The process is simple, and your license is usually issued within 7-10 days.
You have the flexibility to set up your IT consultancy with multiple shareholders, catering to larger organizations.
IT consultancy licenses allow for multiple visas without the need for physical office space. Free zones like DKP offer up to six visas, while the mainland has no visa limit, depending on office size.
As a business owner, you can sponsor visas for your dependents, including spouses, children, and domestic staff. Expert advice can help navigate this process smoothly.
Unlike some jurisdictions, Dubai does not require paid-up share capital to start your IT consultancy.
Once licensed, arranging a corporate bank account is quick and simple. Free zone authorities or company formation specialists can guide you, or you can approach banks directly.
Dubai business-friendly environment, coupled with its strategic location and robust infrastructure, makes it an ideal choice for launching your IT consultancy.
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 [email protected] for assistance.