It’s no secret that Dubai’s economy is thriving, in fact, the city is known for being a global business hub. And because of the city’s position as a dream for entrepreneurs and investors around the world, the financial industry has also seen a huge surge. The rapid increase in company establishments has grown the need for financial service companies in Dubai. If you have a financial business plan in the works, there’s no better time than now to put that plan into action.
At MSZ Consultancy, we understand the high demand for finance companies in Dubai. We are ready to help get your financial business up and running without any hassles.
In order to establish finance companies in the UAE, you must obtain a financial consultancy or financial analyst license. There are also certain requirements that have to be met to get a license issued by the Central Bank of the UAE.
As far as foreign companies go, they can provide financial services in Dubai if they have been operational in their home country for at least five years.
With business being so popular in the UAE, entrepreneurs need a way to manage their assets. So, it’s no surprise that banks are a big industry to get into.
Banks must be able to handle both local and international accounts due to the international demand for business in the UAE. Here’s a look at the current banking structure:
Financial Investment companies are a big opportunity for business. Here are some activities that are allowed:
While large corporations have a big success in the UAE, the government has also taken multiple steps to create business opportunities that will help small and medium enterprises flourish.
There’s huge promise for finance SMEs holding fin-tech start-ups. If you have a business plan in this industry, then there’s no better time than now to make that plan become a reality. Listen to this – small and medium enterprises with fin-tech start-ups are expected to see an annual growth by 2022 of $125 million! So, now is the time to call MSZ Consultancy at +971 52 544 1248 and get started on bringing that business plan to life!
The Dubai International Finance Centre (DIFC) is a destination spot for investment businesses. It’s located on Sheikh Zayed Road and is the prime location for entrepreneurs who want to have a successful business in Dubai’s financial sector.
Business owners are allowed to operate in specified areas designed for finance companies. There are many benefits that come along with this business-friendly environment:
In order to operate in the DIFC, you will have to decide on the type of business entity that you will operate as. These are the ones allowed in the DIFC:
You don’t get worldwide attention for nothing! There’s a reason so many entrepreneurs and investors have set their sights on setting up a finance business in Dubai. It’s because the benefits are too great to pass up on. When you start a company in Dubai, you get to take advantage of these benefits:
Still not sure what FinTech means? It’s okay, it’s still a fairly new industry in the United Arab Emirates. It wasn’t until 2019 when the country really started to blend technology with finance. Since then, the DIFC has come up with three core areas within this industry:
FinTech is the industry of the future that will help businesses grow and capture an even larger market. There are several predictions for how FitnTech can help the corporate world:
As you can see, this industry is aimed at making a huge impact in Dubai’s financial future. MSZ Consultancy can help you get involved in this growing industry today!
That’s a lot of information, we know. That’s why we are here to help! Don’t think you have to go through the company setup process on your own. We have experience in all types of company formation in the UAE and are ready to help make the dream of your financial business come to life. What are you waiting for? Start today by giving us a call at +971 52 544 1248 and get a FREE consultation.
At MSZ Consultancy, we help you form your company from start to finish. And that’s not all. During the process we also offer the financial advice and legal suggestions that you need to help you embark on a successful business journey. After your business is up and running, we stick around to provide corporate services to help your business continue to thrive.
We have a unique team of business consultants, lawyers, and PRO executives that will help guide you through any business services that you need. From registering your business and getting it setup, to helping with paperwork, to providing legal advice, we do it all. We help by providing the tools you need for your business to succeed.
Choose MSZ Consultancy because we are the best of the best, we mean it! We truly care about our customers, and it shows. We work hard to provide the best customer service during the setup of your company and offer valuable insights that you need along the way. We will personalize your services based on what you need to get your company to succeed.
Getting your trade license in Dubai is the most important step you can take when starting your business. MSZ Consultancy are experts in business setup. We can help make sure your business activity meets the requirements for your trade license and guide you through the application process.
If you want to run your business on social media, then you will need an E trader license. We can make sure you meet all the requirements for this license and walk you through the entire process to get it issued.
Need a local sponsor? No problem! We have access to the most reliable and trustworthy sponsors. They will be a local resident that will serve as a sleeping partner in your company and own 51% of the shares.
We understand that paperwork can be time-consuming. That’s why we offer Public Relations Officer (PRO) services to help with the legal paperwork. Let us handle all your documentation and clearing services, so you don’t have to!
If you have a business in the UAE, it’s important to have a corporate bank account to secure your monetary assets. We will make sure you understand the process it takes to open a corporate account in the UAE and make sure you meet all the requirements to get an account open.
If you plan on manufacturing and distributing products in Dubai, then you will need to get them registered. We are very familiar with the product registration process and can help get your products ready to be sold.
Finding a location for your business can be overwhelming if you aren’t familiar with the process. We have Business Centers located in strategic locations through the UAE. We can help you find the perfect spot to start doing business.
There are several legal procedures to go through in order to end your company. Our specialized services will help with all the legal requirements like canceling your business name, helping with employee payments, and more.
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