The UAE is home to a growing community of entrepreneurs. So\nmuch so that around 20,000 businesses launch every single year in Dubai alone.<\/p>\n\n\n\n
Such a thriving business community leads to a growing market\nfor business support services such as legal consultancy. For those with the\nskills and qualifications to provide such services, the UAE is the ideal place\nto do business.<\/p>\n\n\n\n
Not only is the UAE well-connected to trade with\ninternational businesses but the country\u2019s zero tax rate and straightforward\nincorporation process make doing business easy \u2013 provided you seek expert\nadvice before getting started, of course.<\/p>\n\n\n\n
If you want to start a legal consultancy business in Dubai,\nhere are the key factors you need to consider.<\/p>\n\n\n\n
How to start a legal consultancy business in Dubai?<\/strong><\/p>\n\n\n\n Before applying for your license to trade as a legal\nconsultancy in Dubai, you\u2019ll need to make two key decisions. These concern your\ncompany name and which business setup you prefer.<\/p>\n\n\n\n When choosing your company name, you\u2019ll need to keep in mind\nthat the UAE has a set of somewhat idiosyncratic naming conventions.<\/p>\n\n\n\n As a guide: Your company name should not include any\noffensive or blasphemous language or make reference to known organisations or\ncorporations.<\/p>\n\n\n\n If you are going to include your personal name in your\nbusiness name, it must be in full \u2013 no abbreviations or initials. You must also\ncheck that your chosen business name is available to be registered. A company\nformation expert can do this for you as part of the license application\nprocess.<\/p>\n\n\n\n Now you need to choose the right setup for your business \u2013\nthat is, free zone or mainland. There are advantages to each setup. If you\nestablish your business in the mainland, you are free to trade directly with\nthe local market, without using the services of a local agent. You can also bid\nfor government contracts.<\/p>\n\n\n\n If you set up in a free zone, you can take advantage of 100%\nexemption from customs tax. UAE free zone business owners also have full freedom\nto repatriate all invested capital and profits. There are also no foreign\nexchange controls or currency restrictions.<\/p>\n\n\n\n How to get a license for a legal consultancy business?<\/strong><\/p>\n\n\n\n There are two key stages to getting set up as a legal\nconsultancy in the UAE. The first is to apply for a trade license.<\/p>\n\n\n\n With the right support, this step is relatively\nstraightforward. If you have chosen a free zone setup, you should make your\nlicense application to the relevant managing authority. If you have opted for mainland\nthen you can apply to the Dubai Department of Economic Development or\nequivalent in your chosen emirate.<\/p>\n\n\n\n In both cases, the application process follows the same\nbasic steps. Whether making your application yourself, or through a company\nformation agent, you are usually only required to provide a few details and\nsome standard documentation, including:<\/p>\n\n\n\n The next step is to register your business with the relevant\nauthorities. If your business intends to dispense legal advice, you must be\nqualified to do so. You must be able to prove these qualifications to the Dubai\nLegal Affairs Department as part of your application.<\/p>\n\n\n\n When making your application, you will usually also be asked\nto provide:<\/p>\n\n\n\n Best free zone to start a legal consultancy business<\/strong><\/p>\n\n\n\n If you decide to do business from a free zone, the one\nthat\u2019s right for you will depend on your specific requirements. Having said\nthat, with packages to suit all needs and budgets, it\u2019s hard to go wrong with\nFujairah Creative City.<\/p>\n\n\n\n When you set up here, you can make use of a range of\nbusiness services to help you get up and running. The Creative City concierge\nteam can assist with visa applications, document attestation, and bank account\nopening.<\/p>\n\n\n\n The free zone also offers a range of office space and\nlicense packages to suit all budgets.<\/p>\n\n\n\n What is the cost\nof starting a legal consultancy business in Dubai?<\/strong><\/p>\n\n\n\n Cost is often a factor when looking to open a legal\nconsultancy business in Dubai. It is not always easy to make an estimate,\nhowever, as the exact costs will depend on the size of your business and\nwhether you choose to establish your company in the mainland or in a free zone.<\/p>\n\n\n\n If you are looking for a ballpark figure, however, you can\nset up in Fujairah Creative City with eligibility for one visa, for just AED\n22,000. Add use of the on-site coworking facility and that figure rises to AED\n24,775.<\/p>\n","protected":false},"excerpt":{"rendered":" The UAE is home to a growing community of entrepreneurs. So much so that around 20,000 businesses launch every single year in Dubai alone. Such a thriving business community leads to a growing market for business support services such as legal consultancy. For those with the skills and qualifications to provide such services, the UAE is the ideal place to do business. Not only is the UAE well-connected to trade with international businesses but the country\u2019s zero tax rate and straightforward incorporation process make doing business easy \u2013 provided you seek expert advice before getting started, of course. If you […]<\/p>\n