How to get an HR Consultancy License in Dubai?
HR consultancies are important as they provide specialized advice and services to help businesses grow. They help to maximize the efficiency of HR operations and implement new policies and procedures in the best way possible. HR consultants are outsourced experts brought in to strategically direct a business.
As the understanding of a workspace is evolving day by day, HR consultancies are gaining importance in the professional sectors. Dubai has limited HR facilities devoted to workplace culture, helping companies engage with their employees, drive performance, and develop new ways of thinking needed in the professional sector.
The HR consultancies extend their services in affairs such as human capital planning, cultural transformation, internal communications, and people development. Human resources are essential to fill talent gaps in the organization, keep employees motivated and promote healthy company culture. All this information suggests that Dubai is becoming a promising business hub as it has always been, and does have scope for the HR consultancy business to emerge.
This blog will provide you an insight into how to get an HR consultancy license in Dubai. We will now look into some of the essential details which we should know to get an HR consultancy license in Dubai.
What are the Benefits of having an HR Consultancy in Dubai?
By acquiring an HR consultancy license in Dubai, you can be a prime distributor or provider of human resource management services in Dubai. Those services include employee performance management, leadership transformation, and organization structure design. You can also help companies with employee compensation and benefits.
- Establishing your HR consultancy in a free zone boosts your chances of attracting more clients.
- If you set up your consultancy in a free zone, you can have complete ownership of your company.
- You can get 100% repatriation of profits earned and capital invested
- Once you register your firm, Dubai offers a total exemption from any kind of tax.
- Dubai is on its way to a technologically driven future. This will help boost your HR consulting business in Dubai.
- The booming labor market in Dubai could provide well-qualified human capital with a wide range of professional expertise from all over the world.
What Documents do we need to Start an HR Consultancy?
You have to submit some documents to apply for your HR consultancy license in Dubai. Some of the documents are given below and you can connect with Bizvise for the complete list of required documents.
- Copies of passports and visas
- Two passport-size photographs
- Entry visa and stamp pages
How to get a Licence for HR Consultancy in Dubai?
If you have finalized the business type, company name, and location, you can apply for your consultancy license. The steps to acquire a license are given below.
- Register your company name.
- Decide Your Company Structure.
- Choose Your Business Location
- Apply for the Licence
Select a suitable structure for your consultancy. Your consultancy will run efficiently if you have a correct corporate structure. It could be a Limited Liability Company (LLC) or a branch office of a foreign company.
Choose a location in Dubai based on the perks and prospects it has to offer and by considering the budget. Look for factors like a quick and easy incorporation process, ongoing business support, and financial advantages like tax exemptions and zero currency restrictions.
There are various types of business licenses for different businesses. Consult Bizvise to get advice on the proper business license needed for your consultancy.
What Is the Cost of setting up an HR Consultancy Licence in Dubai?
The cost of setting up an HR consultancy in Dubai will be determined by several factors such as the size of your company, the license you select, the services you provide, etc.
Bizvise is happy to advise you on the entire procedure of setting up your HR consultancy in Dubai. We are committed to serving you according to your requirements. We promise to take care of acquiring the license for your company and all come after that.