How to Start a Manpower Supply Agency in Dubai ?
azim ahmed2024-03-08T10:48:45+00:00In order to Start a manpower supply agency in Dubai, you must follow these steps. It will make sure that you receive manpower supply agency license in Dubai.
Pick a Business Structure
First thing is to decide the jurisdiction of your manpower supply license. Dubai offers free-trade zones where foreign business owners can benefit from reduced taxes and customs fees. Choose a free zone that meets your company’s needs and provides the support and amenities you demand.
Select and Register A Company Name
Choose an appropriate business name that complies with the UAE’s naming laws for you manpower supply agency in Dubai.
Apply to the Department of Economic Development in Dubai
Apply to the Department of Economic Development in Dubai to have the Memorandum of Association (MOA) and Articles of Association (AOA) notarized for you manpower supply agency license in Dubai.
Submit an application for a business license
Prepare the necessary paperwork, which includes copies of directors’ and shareholders’ passports, proofs of identification and addresses for both, trade name confirmation, MOA, and AOA. The Ministry of Human Resources and Emiratization is where you register your business. If necessary, pay the AED 2,000 deposit for each employee.
Obtain a Business License
The Ministry of Labor will provide your business license once you have received final approval from the Department of Economic Development.
Receive the establishment card and labor card
Get the establishment card and labor card from the ministry of labor. Register UAE nationals for GAPSS (General Authority for Pension and Social Security) with the Ministry of Labor.
Starting a Manpower Supply Company in Dubai
- In the UAE, personnel supply license applications are only accepted from UAE citizens.
- The manager of the agency must be a resident of the UAE who is registered with the Ministry of Labor.
- Only in the free zones can expats open employment agencies.
- The applicant must possess a high school diploma or an equivalent.
- In order to conduct business, the manpower agency needs a main office with a registered address.
- To maintain efficient operations, qualified managers and support staff must be hired.
- In order to assure worker protection, the agency is required to deposit AED 2,000 for each employee.
- The company’s stockholders must all be UAE citizens who are at least 21 years old.
- The company’s partners should have a spotless legal history.
- The agency is required to notify the Ministry of any internal changes.
- Throughout the license’s validity period, the Ministry must receive a bank guarantee in the amount of AED 300,000.
Why does the selection of the right business consultants matter?
When starting a business in the UAE, the most important thing is selecting an experienced business consultant. They will ensure that your licensing and other tasks like accounting, bookkeeping, and bank account opening are executed without delay and mistakes. This is crucial because choosing a substandard agency to save a small amount of money can lead to significant trouble. The rules and regulations are complex, and without the right knowledge of packages, you may lose a significant amount of money during renewal or liquidation, etc.
How 3A Global Corporate Services Provider Can help Your Business?
To get your manpower supply agency license in Dubai requires an experienced and talented pool of professionals. We have 16 years of experience in company formation in the UAE. Feel free to contact us for expert advice.