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For overseas investors, obtaining an HR consultancy license in Dubai presents a profitable opportunity. Due to a lack of resources, most small and medium-sized firms in the Emirate outsource their hiring needs to HR consultancies; therefore, establishing an HR consultancy in Dubai makes financial sense. Additionally, there are several benefits to starting a business in Dubai, such as low taxes, a strong infrastructure, ease of doing business, etc. Most importantly, if you apply through company establishment consultants in Dubai, you can get the license fast.
But to start a corporation in Dubai, you must be aware of the labour and immigration rules of the nation. Additionally, investors should know about the licensing requirements and pertinent laws. In addition to the advantages, this post will inform you of the prerequisites for obtaining a license to provide HR consultation services in Dubai.
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There are some Requirements for an HR consultancy license in Dubai. Consultants in Dubai for company formation can assist you with every stage that the DED has planned. You can obtain information on how to apply for an HR consulting license in Dubai by following the procedures listed below:
Obtaining approval for the proposed name of your firm is an essential step in setting up a business in Dubai. Your HR consultancy should have a name that complies with DED or other pertinent entity naming rules. Consultants in Dubai for business setup can determine the best method for your company name.
The next stage is to determine the company's structure depending on the total number of shareholders. The Limited Liability Company (LLC), Branch of a UAE Company, Branch of a Foreign Company, Sole Establishment, and others are the most common company structures in Dubai. Dubai-based company setup consultants can assist you in choosing the right legal structure for your HR consulting business.
Selecting a suitable site for your business's operations is essential. The location needs to have strong connectivity for your clients and staff to contact you. Additionally, make an effort to locate your company in an area that provides a reasonable renting structure. You need to secure a tenancy contract from your landlord and have it attested after renting office space in Dubai (Ejari). Speak with Dubai-based business setup advisors to select an office location and register the Ejari.
You now have to submit the license application and any necessary supporting documentation. The following is a list of some of the paperwork needed to get a license to consult on human resources:
The price varies per free zone in the United Arab Emirates for getting a license to provide HR consulting services. Within AED 6,875*, you can get HR consultancy licenses. But bear in mind that when you apply for your HR consultancy license, there are additional expenses to take into account. For example, will you require space for an office? Additional visa allowances, residency visas, and your Emirates ID card will cost extra.
The following paperwork is needed to open an HR consulting firm in Dubai:
It is essential to have copies of all manager's and business partners' passports and visas to confirm their identity and immigration status. These records are required to verify the legal status and identification of the principal players in your HR consulting organization. They act as documentation that you are authorized to do business in Dubai.
Each partner or manager must provide two passport-sized photos. For formal identification and paperwork, these pictures are utilized. They make it easier for authorities and government organizations to connect the names and faces of the important players in your HR consulting. It is imperative to confirm that the photos adhere to the precise dimensions and calibre requirements established by the relevant authorities.
Copies of a stakeholder's entry visas and stamp sheets are essential to verify their legal standing in the UAE. Like the rest of the UAE, Dubai is home to a diverse community of foreigners on various types of visas to live and work. It supports preserving openness and adherence to immigration regulations.
The specifics of your HR consulting firm may need you to obtain permission from the appropriate government agencies.
Once you obtain a license to provide HR consulting in Dubai, you will be qualified to provide all facets of human resource management. Some of the services you might offer are organizational structure design, leadership reform, and employee performance management. You may also assist businesses with employee perks and remuneration.
One of the best go-to partners for establishing your HR consulting company in Dubai is Flyingcolour Business Setup Services. The company assists in completing the Steps to obtain an HR consultancy license in Dubai. Furthermore, Flyingcolour also provides customized company setup packages to fit your requirements if your business operations require any particular preconditions.
To learn more about Getting an HR Consultancy License in Dubai, book a free consultation with one of the Flyingcolour team advisors. Please note that this article was published on 09/05/2024 by the federal policies and updates at the time of writing. For the latest info please talk to our consultant.