Setting up an event management company in Dubai is one of the most lucrative business decisions anyone can make. It is no secret that Dubai is one of the most thriving and developing hubs of business in the world. There are plenty of events happening throughout the year in every nook and corner of prominence in Dubai. This has made Dubai one of the most perfect places for setting up your event management company.
You need an event management license to conduct the business of event management in Dubai. In such a case, here are the steps you need to take in order to successfully obtain an event management license in Dubai:
Outline your business activity
The first step in applying for an event management license is to outline the nature of your business activity. Ensure you include every activity that you intend to undertake in this section as you will not be permitted to do any such activity which has not been outlined in the application. From hospitality services to event planning and renting of space, include the A to Z of event management while you apply for the license.
Choose your company name
The next important step is to select a name for your event management business. There are many statutory guidelines you need to keep in mind while choosing your company name in Dubai:
- The name should reflect the nature of your business
- The name should not be blasphemous in nature
- The name should not be similar to any existing business name
- The name should not make reference to any other organisation or corporation
- The name should be in full; abbreviations not allowed
Once all these guidelines have been complied with, you need to check the availability of your chosen name. Once it has been confirmed, you may get the chosen company name approved by the respective authorities.
Choose the right setup
The final step in the application process is to choose the right setup for your event management business. In Dubai, you can choose between either free zone or mainland for setting up your business. You need to study which would be beneficial to your business, consider the pros and cons and select the most suitable option.
Apply for license & remit fees
Once all the above-mentioned steps are done, you can send the filled application form for approval to the Department of Economic Development (DED). Along with the filled application form, you need to attach the following documents as well to obtain an event management license:
- Passport copies of business owners/partners
- Trade name registration certificate
- Two colour passport size photos of owners/partners
- Copy of initial approval from concerned authorities
Along with the application form, you also need to remit the requisite fees for processing the same. A fee of approximately AED 15000 would be required for obtaining event management license in Dubai.
Apply for visas and bank accounts
Simultaneously, you also need to apply for visas for yourself, any other partners, employees or dependents as well as initial steps to open a corporate bank account. It is advisable to seek the guidance of an expert business setup service provider in Dubai to help you navigate through the whole process.
If your application is in order, you will obtain an event management license in a few days’ time.
Thinking of starting an event management business in Dubai?
Are you looking to start an event management business in Dubai? Do you need help in obtaining an event management license? Fret not, you have come to the right place!
Connect with Kiltons - the #1 business setup service provider in Dubai who can assist you in getting an event management license. We at Kiltons have managed to set the record when it comes to successfully helping entrepreneurs set up their event management business in Dubai, in the most hassle-free and cost-effective manner. For that much needed personal touch in your business setup services, connect with Kiltons. Talk to our experts today!