How to start a facility management company in Dubai?
Starting a facilities management company in Dubai is a smart business option. Why? Dubai is one of the fastest growing cities in the world in all aspects. It is not only the home to the world’s tallest building, Burj Khalifa. But, it also houses numerous skyscrapers which reflect its world-class infrastructure. Moreover, the city’s population of over three million mainly comprises expats. These residents live and work in varied accommodations and structures. And those need quality maintenance throughout the year. Therefore, the following blog will answer how to start a facility management company in Dubai.
One of the common queries received by business setup consultants is: How to start a facility management company in Dubai? However, first one needs to understand the services that facilities management companies, also known as FM services, provide.
What comprises facility management (FM)?
Facility management services include checking on the smooth flow of the operational aspects of any given building. For instance, a sports facility engaged in hosting players and games such as football, equestrian, golf, and water activities. The hired facility management company will be responsible for all the tasks concerning all the tasks concerning running these entities, preparing, and renting facilities, organizing activities, promoting products, and more. Furthermore, facility management services include maintenance of the building in terms of security, fire safety, electricity, plumbing, carpentry as well.
Types of FMs in Dubai
Facility managing companies engage in two broad types of activities:
This type refers to the services catering to the actual building structures and systems that make a facility run smoothly. This may include fire safety, alarm systems, plumbing, and other maintenance works such as corridors and elevators.
Meanwhile, soft services are those that support the main property management. This includes pest control, cleaning of the premise, maintaining the grounds and ensuring security.
How to start a facilities management company in Dubai? Get the right license
Entrepreneurs wondering how to start a facility management company in Dubai, need to get started by obtaining a professional / service license. Therefore, for any business setup in Dubai, acquiring a trade license is a must. However, which license suits your company, depends on the nature of the business activities you will be conducting.
Documents required for starting a facilities management company:
- Filled application form
- Copies of passports (owner and all other partners)
- A copy of Jinsiya (naturalization book of local partners)
- No Objection Certificate from international partners’ sponsors if the expatriate is already on a work visa. If the shareholder is on a visit visa, the UID number of the shareholder is requested
- Primary approval by the competent authority, depending on the form of business operation to be conducted
- Ejari registration, rental contract, and name registration certificate
Procedure for starting a facilities management company in Dubai
There is a standard set of formalities entrepreneurs have to fulfil for license registration in the Emirate. So, here is a quick checklist to begin with:
- Getting initial, name and TRA approvals
- Attesting the MoA
- Notarising the LSA
- Paying government charges including license fee, yearly fee, Department of Economic Development fee, Tasheel fee, and non-Arabic name fee
- Preparing Ejari (if required)
In the next phases, you will be completing immigration-related formalities. This includes, applying for an immigration card, paying investor visa cost, and obtaining Emirates ID after getting a formal medical test.
Finally, the last set of documentations required involves applying for a labour card and employee visa as required.
With the above formalities complete, you are set for starting a facilities management companies in Dubai.
Still wondering how to start a facility management company? Get expert assistance
Although the arranging the documents required for starting a facilities management company in Dubai appears fairly simple, the process is not as easy for individuals., Therefore, it is better to get help from UAE company formation experts. The experienced and well-connected corporate advisors at Shuraa Business Setup, will walk you through the entire phase of how to start a facility management company in Dubai, while you can focus on your business goals.