The UAE is home to the most vibrant and cosmopolitan cities of the world. Many development projects are undergoing planning and implementation, under the UAE Vision 2031. You can begin a project management business in Dubai to take part in their execution.
Dubai leaves no stone unturned in offering growth, innovation, and global connectivity. Project consultancies with adequate experience in the field, are well-versed for undertaking the development initiatives. They can supervise the professional teams to complete the projects within the budgets.
If you are looking to open a Dubai company that guides the businesses on delivering difficult projects. This guide contains almost everything you need when starting a project management business in Dubai. Keep reading to understand the crux of everything.
Key takeaways of Dubai project management sector in UAE
These are the notable insights of Dubai project consultancy sector in the UAE.
- The market for project management software in the UAE is expected to increase, from USD 120.5 million in 2023 to USD 284.7 million by 2030, demonstrating a high demand for digital PM software.
- More than 33% of construction projects in the UAE do not meet time, cost and quality requirements which means that professional project Management is badly needed.
- According to Statista, construction and infrastructure spending in Dubai is seeing consistent year-on-year growth thanks to Vision 2031 and smart city projects.
- Those with digital PM platforms see projects delivered up to 25–30% faster and better stakeholder engagement.
Process to register a project management company in Dubai
This is the step-by-step procedure of registering license for a project management business in Dubai.
- Define business scope
- Choose suitable jurisdiction
- Select corporate structure
- Get preliminary approval
- Reserve company and trade name
- Acquire business license
- Set up office and digital infrastructure
- Recruit certified project managers
- Build the brand and market your services
Now, we briefly look upon the steps of license registration for a project management business in Dubai.
Define business scope
Determine whether you’ll specialize in one niche, such as construction or IT. Or, do you provide several types of project management services. The clarity of scope will come handy when choosing the right trade license and market positioning.
Choose suitable jurisdiction
Pick the right corporate jurisdiction that is appropriate for your Dubai project management consultancy firm. Free zones allow 100 percent ownership and tax incentives. Whereas, the mainland companies can work directly with UAE-based firms.
- Dubai mainland: Perfect if you wish to collaborate with governmental departments, or want to work from anywhere within the UAE
- Free zones: Suitable for companies with patients outside the country or virtual (e.g. DMCC, IFZA, Dubai Internet City)
Select corporate structure
Decide the legal structure for your Dubai project management consultancy from these options.
- LLC (Limited Liability Company): More than one shareholder permitted.
- Sole Proprietorship: This is for independent consultants.
- Civil Company: For professionals setting up a consultancy jointly.
Get preliminary approval
Take initial approval with no-objection certificate (NOC) from the Department of Economy and Tourism (DET). It was formally known as the Department of Economic Development (DED). You can seek this NOC allowing your business activity from a free zone authority too.
Reserve company and trade name
Pick a unique business name fulfilling the UAE corporate naming guidelines. Single out a memorable trade name. Reserve both of these with the DET or a free zone authority.
Acquire business license
You need to file the application with DET for mainland, or a free zone authority. Submit the necessary legal documents and pay the licensing fee. After the document verification abd regulatory approval, your project management license is issued.
Set up office and digital infrastructure
You can opt for a physical office or a co-working space in a business district. Invest in digital infrastructure and tools to efficiently track tasks, timelines, and budgets. Project management software like these can turn out you go-to companions.
- Microsoft Project
- Primavera P6
- Trello
- Asana
- Jira
- ClickUp
- Notion
- Basecamp
- Airtable
- Monday
- Teamwork
- Wrike
- Zoho Projects
Recruit certified project managers
Hiring a qualified team with project management certifications enhances your credibility and capability to attract corporate contracts. Remember, businesses and people in Dubai appreciate experience and genuineness. Engage the professional(s) holding these international certifications.
- PMP (Project Management Professional)
- PRINCE2 Certification
- Agile / Scrum Master
Build the brand and market your services
Establish your brand, solidify your project management foothold in Dubai, and promote your services to win clientele across the UAE.
- Set up a professional website showcasing your services and work.
- Sign up to tender portals such as Dubai Municipality or Etihad Tenders.
- Clorets also participates in industry exhibitions such as The Big 5, GITEX and Cityscape Dubai.
- Use the Google Ads and social media networks like LinkedIn to attract corporate customers.
Establish your Dubai project management firm with KWS ME
Setting up a project management company in Dubai can look like a quite complex endeavour. It involves finding the perfect license, meeting with legal conditions, and dealing with multiple approvals from DED or free zones. KWS Middle East eases this for you by expert advice and from start to end assistance.
Extra regulations, inconsistent or incomplete red tape, and documentation delays continue to plague many entrepreneurs. Fast and compliant corporate setup of expert consultants lets you get on with developing business and running projects. KWS ME covers everything from choosing your license through to obtaining government approvals and issuance of the UAE visas.
For connecting with KWS Middle East, call us at +97180059763, email us at info@kwsme.com, or WhatsApp us at +971509664705 now.
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Conclusion
A company set up for project management in Dubai is a promising venture. Especially, with the purple patch that the local market is going through. With its flourishing economy, favorable policies, and tax benefits in Dubai makes it the destination of choice for success.
KWS Middle East manages the entire process, enabling you to quickly get up and running with full legal licensing, protecting your project management company at every step.
Our Clients Reviews
I had an amazing experience with KWS Middle East during my freezone company formation, visa and residency process. From start to finish, Khyati Vyas and her team were absolutely incredible.
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A big thanks to Hasan for his constant support, clear guidance, and professional approach throughout the entire process. He took the time to understand my requirements, explained every step in detail, and ensured everything was handled smoothly and efficiently.
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FAQs about Dubai project management vertical in the UAE
These are the answers to the common questions regarding the Dubai project management ecosystem in the UAE.
Do I require any certification to open a project management business in Dubai?
No! Business owners do not need degree or certification to launch a Dubai project management firm. However, having PMP/PRINCE2/Agile/Scrum certification helps establish the credibility and trust with the clients.
Can I register my project management firm in a Dubai free zone?
Yes! Dubai free zones like JAFZA, DMCC, or IFZA are suitable for this purpose. They enable 100% foreign ownership and seamless corporate setup procedures for Dubai project management companies.
What is the cost of forming a Dubai project management company?
Business setup and licensing cost of a Dubai project management firm begins from AED 45,000. However, the expenditure depends location, license type, and additional regulatory approvals. With initial operational expenses, the figure can range between AED 80,000 and AED 150,000.
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