Investing in a facilities management firm in Dubai is a wise decision for any entrepreneur. Why? Dubai is one of the world’s fastest developing cities in every area, and it is one of the most prosperous. It is not just the site of the world’s tallest skyscraper, the Burj Khalifa, but it is also a major tourist destination. However, it also has a large number of skyscrapers, which represent the city’s world-class infrastructure.
Furthermore, the city’s population of nearly three million people is dominated by foreigners. These people live and work in a variety of different types of buildings and lodgings. Those, in turn, need high-quality upkeep throughout the year. As a result, the following blog will provide information on how to establish a facilities management business in Dubai.
For example, one of the often asked questions by business setup experts is: What is the best way to establish a facilities management firm in Dubai? However, first and foremost, one must comprehend the services that facilities management firms, also known as FM services, provide their clients.
What is facility management (FM) and how does it work?
Among the services provided by facility management companies are checks on the seamless functioning of a building’s operational elements. For example, a sports facility that hosts athletes and games such as football, equestrian, golf, and aquatic activities would fall under this category. The facility management firm that has been engaged will be responsible for all of the duties associated with operating these entities, including preparing and renting spaces, coordinating events, marketing goods, and more. Furthermore, facility management services include the upkeep of the building in terms of security, fire safety, electrical, plumbing, and carpentry, as well as the repair and replacement of damaged items.
FMs in Dubai come in a variety of shapes and sizes.
Generally speaking, facility management firms are involved in two kinds of activities:
FM with a lot of power
This kind of service refers to the services that are provided to the physical building structures and systems that allow a facility to operate efficiently. Included may include fire safety and alarm systems as well as plumbing and other maintenance tasks such as corridor and elevator construction.
FM with a soft tone
Soft services, on the other hand, are those that provide assistance to the primary property management. In this case, pest treatment, cleaning of the premises, upkeep of the grounds, and security are all taken into consideration.
How does one go about establishing a facilities management business in Dubai? Obtain the appropriate licence.
Entrepreneurs who are interested in learning how to establish a facilities management business in Dubai must first acquire a professional or service licence in order to get started. As a result, obtaining a trade licence in Dubai is a need for every company venture in the city. The kind of licence that is appropriate for your firm, on the other hand, is determined by the nature of the commercial operations that you will be performing.
Documents needed for the establishment of a facility management business include:
Application form that has been completed
Copies of passports are required (owner and all other partners)
A replica of Jinsiya’s work (naturalization book of local partners)
If the expatriate is already on a work visa, the foreign partners’ sponsors must sign a No Objection Certificate before the partnership may proceed. Obtaining the shareholder’s UID number is necessary if the shareholder is visiting on a visitor visa.
Depending on the kind of commercial activity to be undertaken, the relevant authorities must first provide preliminary permission.
Registration with Ejari, a rental contract, and a certificate of name registration are all required.
In Dubai, the procedure for establishing a facilities management business is as follows:
There is a defined set of procedures that businesses must complete in order to register for a licence in the Emirate of Dubai. So, to get things started, here’s a short checklist:
Obtaining permissions for the initial, name, and TRA
Attesting the Memorandum of Agreement Notifying the LSA
Paying government fees, such as the licencing fee, the annual fee, the Department of Economic Development price, the Tasheel fee, and the cost for using a non-Arabic name.
Ejari is being prepared (if required)
You will be required to complete immigration-related procedures in the following stages. This involves submitting an application for an immigration card, paying the fees associated with an investor visa, and receiving an Emirates ID after passing a thorough medical examination.
Last paperwork requirements include applying for a labour card and an employee visa, if necessary. This is the final set of documentations needed.
Once you have completed the above-mentioned procedures, you will be ready to begin operating a facilities management company in Dubai.
Are you still perplexed as to how to establish a facilities management company? Consult with a professional.
The process of putting together the papers needed to establish a facilities management business in Dubai seems to be straightforward, but for people, the procedure is more complicated. As a result, it is preferable to seek assistance from specialists in UAE business creation.