Get your Event Management License in Dubai and start your event management company with ease.
Learn about the company formation process and benefits in Dubai's vibrant market.
Are you looking to get an event management license in Dubai but aren't sure where to start? This article provides detailed guidance on how to establish your event management business effortlessly.
Dubai is renowned as one of the world's premier event capitals. The city's thriving event industry attracts numerous investors, eager to set up successful and profitable businesses. The industry's growth is evident from the events and exhibitions hosted at the Dubai World Trade Center, which contributed over USD 3.3 billion to the economy.
The value of Dubai's event management market is projected at DHS 165.15 million, and it continues to expand annually by more than 25%. Dubai's burgeoning events sector reflects the Middle East's and surrounding regions' geopolitical, commercial, and socio-cultural dynamics.
Acquiring an event management license in Dubai opens the door to tapping into this dynamic market. With the right guidance and understanding of the process, you can easily navigate the steps to start your own event management company and capitalize on Dubai's vibrant event industry.
Setting up an event management company in Dubai is straightforward and quick, often completed within a day, with minimal upfront costs required.
With an event management license in Dubai, you can repatriate 100% of your income and capital gains. Additionally, there are no personal or corporate taxes in the UAE.
Dubai hosts numerous major events annually, along with many corporate events and celebrations, providing endless opportunities for event planners.
Starting an event management business in Dubai involves low initial investment. There are no significant fixed costs, such as office furniture or rent, reducing the risk of financial loss.
Investors have the flexibility to set up their business in either the free zone or mainland jurisdictions, both offering unique advantages and ease of establishment.
Starting an event management company in Dubai involves understanding the unique corporate landscape of the UAE. Here's how you can set up your event management business:
By partnering with a Free Zone, you can benefit from expert guidance, ensuring a smooth company formation process and boosting your confidence
Select a memorable and unique business name that complies with UAE guidelines. Avoid using abbreviations or blasphemous terms, and ensure the name is appropriate and complete.
Identify and confirm all the business activities your event management company will undertake as part of your event management license in Dubai. Clearly describe each activity, from hospitality to event promotion, to avoid penalties.
Decide on the legal structure of your company, whether it's a sole proprietorship, partnership, LLC, corporation, or cooperative. Each structure has different implications for liability, risks, and taxes.
Submit a completed application form, necessary documentation, and passport-sized photos through the Dubai Economy and Tourism Department (DET) customer portal to obtain your event management license in Dubai.
Determine the visa requirements for yourself, your business partners, and employees. The number of visas you can apply for depends on your license type and company size.
Set up a corporate bank account in the UAE to facilitate safe and convenient transactions. Many banks offer multicurrency accounts, making it easier to handle international payments and obtain other types of credit.
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Passport copies for each shareholder.
Recent utility bill as proof of residence.
Bank reference letter for financial credibility.
Shareholders' business profile outlining experience and expertise.
Proposed offshore company name and business activities.
Attested certificate of registration from the UAE Embassy/Consulate.
Certificate of Good Standing also attested.
Company's Memorandum and Articles of Association.
Bank reference letter confirming the company's financial standing.
Board resolution detailing the offshore company's establishment, director appointments, and legal representation.
