Event Management Business Setup in Dubai UAE?
Dubai is a global capital for the most lavish events to take place. Whether it is, the Grand Dubai Expo, a sporting spectacleetc Dubai makes it larger than life and is a hub for some of the most famous and popular events in the world. This reflects that Dubai, UAE is one of the places where opening an event management company would be extremely Profitable.Business Diaries helps you to setup an Event Management Business Setup in Dubai UAE.
Event business continues growing at an annual growth rate of 11.2% making up to $1.55 trillion by 2028 . Event business is one of the top business opportunities in Dubai that many investors are likely to go with due to the good amount of revenue they can generate eventually.
Frequently Asked Questions
Steps to Setup an Event Management Business in Dubai?
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- Shortlist the Business Activities.
- Reserve a Trading Name for your Event Management Company.
- Mainland or Free Zone – Make a Choice.
- Secure the Event Management License.
- Open a Bank Account
The basic documents required for event management company formation in Dubai Mainland and Free Zone are?
- Copy of passport of the owner and all business partners.
- Two-color passport size photographs.
- 3 trade name options, at least.
- Office Ferrari for Mainland licensing.
- NOC from the current sponsor, if applicable.
Benefits of starting an event management company in Dubai?
An event management business in Dubai offers many attractive benefits.Dubai is a heaven for investors and entrepreneurs. Main reason being no personal or corporate income tax in the UAE.
- Affordable
- High Income Potential
- Minimal Risk
- Dynamic Industry
- Multiple Shareholders
- Opportunities for event management companies are remarkably high.