When you think of Dubai, you think of companies large and small that occupy the country’s skyscrapers and co-worker units. Moreover, the house-building business, cleaning and maintaining of office buildings always require assistance. In this regard, many of the companies below, from grocers and taxi drivers to tour operators and technology companies require manpower. Here is where many entrepreneurs wish to set up a manpower business in Dubai. While these companies require many different skills and operate in many different areas, they all need one person, and often many.
Because of this, the UAE recruitment industry is constantly evolving. Whether they are permanent employees for long-term relocation, or contractors and temporary workers for one-time projects, companies in the UAE are turning to employment agencies to fill skill gaps quickly. If you have the resources and facilities to meet that demand, you can be presented with significant opportunities. And when you start a manpower company with the help of a professional business consulting firm, getting started is easier than ever.
The Advantages of Starting Manpower Supply Company in Dubai
As mentioned earlier, the main benefit of starting a job placement company in Dubai is demand. The emirate is always on the rise, with thousands of new businesses opening their doors every year. And they all need work. You can also take advantage of the attractive UAE tax system – still 0% on personal and corporate income. Value-added tax is still 5%. When you settle in a free zone, you also benefit from zero currency restrictions and freedom for profit and capital repatriation.
Simple Steps of Setting up a Manpower Supply Business in Dubai
Below are some of the main steps which you need to follow for setting up a business in Dubai:
Partner with a Professional Business Consultancy Firm
The first step in opening any type of business in the UAE is to book a consultation with a professional consultancy firm. They will help you fully understand the business incorporation process and how it works in the UAE. Once they have checked the accuracy of your records, they will guide you through the following business establishment process.
Select the Business Structure
An important initial decision is whether to start your business on the mainland or in a free zone like a professional consultancy firm. This must be done early because it will affect the permit application process.
Select and Register Trade Name
Then a professional business consultancy firm will assist you with the selection and registration of your company name. Here are some additional factors to consider. Most importantly, your name must not be too similar to the competition and must not be offensive or blasphemous.
Submit Your License Application
You are now ready to apply for your UAE commercial license. In addition to completing the application form and initial business plan, you must submit 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 Human Resources Department and Emirates. Please note that as a registered employee representative, you must leave a security deposit of AED 2,000 for each employee brought into Dubai. Finally, the employment agency must be run by a UAE citizen with minimal secondary education.
The Cost of Starting a Manpower Supply Business in Dubai
It is difficult to estimate the total cost of starting a job placement company in Dubai without a complete picture of your company and its activities. You need to consider the price of your commercial license, registration, venue and more. For full details of related fees, contact a professional business set up in Dubai firm to schedule a free consultation.
How to Start your Manpower Supply Business in the UAE with Professionals
All companies need a license to trade in the UAE. And while the steps required to obtain it are not very complicated, some prior knowledge is required. In particular, it is important to ensure that your trade license and visa application are completely error-free. This can be a bit stressful, so in this article, we recommend that a quick way to get up and running is to work with a business founding specialist.
A professional business set-up consultancy firm offers the best solution to set up your business in UAE. Get fast, reliable and unbiased advice on your unique business facility needs. They can help you choose the right type of license for your business and guide you through the entire process from start to finish. You can leave the inconvenience of registering a business with them while you focus on your business. And working with them means you get the best budget and most cost-effective solutions to make your business dreams come true.