The world has changed and everywhere you can see different types of handling of event management companies. Wedding, engagement, birthday, baptism, company meetings, seminars, product launches, entertainment shows are all well organized and managed by event management companies. In short, now is the harvest season for event management companies. Anyone who owns their own event management companies is one of the richest people in Dubai. You may also be planning your own event management company in Dubai. Today, the UAE, especially Dubai, is one of the event capitals of the world. Events are a big business here in Dubai. The Dubai World Trade Center events and exhibitions each year alone are estimated to contribute $ 3.3 billion to the economy.
For a foreign investor/expatriate who is willing to invest in Dubai or any emirate in the UAE, starting event management now is a good opportunity in every sense. And, there is even more good news, starting an event planning business in the UAE is quick and easy. You may be interested to know how much an event management license costs. If you are interested in starting such a company, the first thing you need to do is seek the help of any reliable business set up company in the UAE. It is never wise to start an event management company depend your own effort. Investor can be cheated for many reasons, (There are many reliable business set up companies in the UAE, including Dubai). Typically startup costs for an event planning business will depend on a number of factors such as business operations, company size and location. However, in most cases, event management start-ups costs are usually low. One thing is clear, starting an event management company in Dubai is good for any investor, and those who learn the facts about it and enter the field can quickly become rich.
This is an incredible opportunity for any aspiring entrepreneur to stat an event management company in Dubai. This venture has no significant complications and no strings attached. Starting an event management company anywhere in the UAE today, including Dubai, is incredibly simple. If you have a little wisdom, a thinking mind and necessary skills for business, you can reap the benefits by engaging in a wide range of event possibilities.
An event management license in Dubai can be obtained with relatively little difficulty. Only try it with the help of experts, (business set up consultancies). Setting up your UAE event management business can be done in a few easy steps. Outline your business activities; In fact, it is the first step in applying for an event management license. The UAE government will only proceed with an event management license based on the outline of your business activities. This license is capable of many things, from hospitality management to event promotion – allowing you to perform extensive activities, so you need to list in your application whatever you want to acquire.
You can only work under the terms and conditions, and doing things that are not listed under your license can lead to penalties, so of course it is best to work with a company formation expert who can ensure your safety at this stage.
You need to choose a suitable name for your company, this is the second process and you cannot run an event management company without a name. Once you have outlined your business activities, it is time to choose your company name. This move needs a little more thought in the UAE compared to many other countries. Because a name that reflects the purity of purpose is needed, and a name that is comfortable to hear and say is not enough. In addition to choosing a name that reflects your promise and sticking to your target customer’s memory, you must also comply with UAE Company name restrictions; there are a number of things to keep in mind.
Before applying for license you need to decide on the activities you want to list. Only then can you enter the event management license process. So once you’ve decided on the activities you want to list in your license, it’s actually time to submit your application. You can submit the application to two departments. Depending on the setting you choose, you can either apply directly to the Emirate’s Department of Economic Development or to the relevant Free Zonal Governing Authority.
At such a critical juncture any investor needs the help of a reliable business set up consultancy or platform. Depending on which setting you choose when applying for an event management license in Dubai, UAE or the Abu Dhabi, a company formation expert can assist you at this stage, and a business set up consultant can even manage the entire application process in your absence.
Relevant documents needed
You can expect to pay around 15.000 dirhams to secure your event management license. There is more to it than that; you can also apply for a license package that includes the Flexi – Desk package, which provides entrepreneurs with the use of business facilities such as desk space, mail services, internet and phone usage. Interest in starting an event management company for any foreign investor is encouraging.
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