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Did you know that more than 20,000 businesses are setup in Dubai each year? That’s a ton of job opportunities! Because of this massive growth, manpower supply agencies have become a popular industry for entrepreneurs to get into.
A manpower agency in Dubai will help supply workers to third parties under their sponsorship. So, if someone has a large project that they need workers for, they can reach out to the manpower agency to have those positions temporarily filled.
If you’re looking to open an international manpower agency in Dubai, then you’ve come to the right place. Keep reading to find out how MSZ Consultancy can help make the business setup quick and easy.
Guidelines for Setting-Up Your Manpower Agency Business in Dubai
- The agency manager needs to be a UAE national and must be registered as a manager in the Ministry of Labor.
- All the shareholders must be UAE national and be at least 21-years old.
- The partners must have a clean legal record.
- A bank guarantee of at least AED 300,000 needs to be submitted to a bank to guarantee the Ministry.
- There must be a physical office location for the agency. This can be the only business activity that is carried out in the office.
- The correct number of employees and supervisors will have to be hired.
- All legal fees will have to be paid once the license is approved.
Steps for Opening a Manpower Agency in Dubai
- First, you’ll have to go through the registry books and make sure the name that you want to use for your company isn’t already taken.
- After you’ve decided on a name that’s available, then you can submit it to the Registry Office.
- Next, you’ll have to get the Memorandum and Articles of Association notarized at the Department of Economic Development.
- Then you’ll have to provide all the documents that are required.
- This step takes patience, because after you submit the documents, you’ll have to wait to see if your license is approved.
- Your license will be issued after approval.
- Then you’ll have to apply for a labor card at the Ministry of Labor.
- Lastly, you’ll have to register workers with the Ministry of Labor and with the General Authority for Pension and Social Security.
Documents Required for a Manpower License
There are several different documents that you will need to provide during the setup process.
A valid copy of the company shareholder’s passport
Copy of the applicant’s family book
Nationals will need to provide a copy of their ID card
A statement of good conduct
Copy of the trade name application
The shareholders will need a written statement about opening the company
A blueprint of the location of the office
What is a Manpower Supply License in UAE?
You may also hear the manpower supply license is referred to as an on-demand labor supply license. Like any other business activity, you’ll have to apply for a business license, which is a commercial license with this business type.
Here are some things a manpower supply license allows you to do:
- This license allows a business to supply workers on a temporary basis.
- The worker can be hired from both inside and outside of the country.
- This type of license will allow you to store the data of the employee.
- An on-demand labor supply license will have to be renewed yearly.
Benefits of Starting a Manpower Agency in Dubai
The UAE is constantly growing and evolving. With all the great benefits of doing business in the country, it’s no surprise that so many entrepreneurs from around the world setup their business here. But, with so much business also comes the demand for good workers. With a manpower agency in Dubai, you know you’re getting into an industry that won’t see a shortage of business.
Here are some other reasons why starting a manpower agency in Dubai is a good business idea:
- Taxation benefits
- Low operational costs
- Duty-free
- Ready-made offices and factories
- Growing economy
- Access to a skilled workforce
- Business-friendly government
Protection of Workers in Dubai
The Dubai government is really strict about protecting workers that are employed through manpower recruitment agencies in Dubai. The agency is required to hire a qualified and professional manager to assist workers. And in order to ensure that the employment agency is held accountable towards their workers, the company is required to deposit AED 2,000 for every employee that’s brought into Dubai. There’s also a maximum limit set for how much the agencies can request from clients.
Form a Successful Manpower Agency with the Help of MSZ Consultancy
Business in Dubai is booming, and so is the need for workers. You can fill this need by owning your own manpower supply agency in Dubai. You can easily get your company setup with the help of MSZ Consultancy. We specialize in company formation across all seven Emirates. What are you waiting for? Contact us today at +971 52 544 1248 for a free consultation and start taking advantage of all the great business benefits the UAE has to offer!
WHAT WE DO?
We help you form your company from scratch and give you the tools you need to succeed. Not only do we provide a hassle-free company formation, but we also give you any needed financial advice and legal suggestions that come up along the way.
HOW DO WE HELP?
We have an expert team of business setup consultants, lawyers, and PRO executives. We help take care of all your needs, including paperwork and even finding an office space. We also have close relationships with government officials that help make the setup process even easier.
WHY CHOOSE US?
We offer the best customer service, we guarantee it. That’s because we take great pride in our company and providing quality services. We are easily approachable, we stay on top of the latest trends so we can offer you the best advice, and we tailor our services to fit your business needs.
Trademark Registration
You’ll want to protect your work. We specialize in trademark registration, renewal, amendments, copyright registration, and any other areas that involve keeping your work safe from thefts and abductions.
Local Sponsorship
Foreign investors that have a company on the Mainland are required to have a local sponsor. This sponsor will own 51% shares in your company. We know this can be a challenging process, but we can help. We have access to trustworthy sponsors that you can trust with your business.
PRO Services
Visa cancellations, passport clearance, trade license renewals, and all the other legal paperwork that comes with having a business in the UAE can be very time-consuming. Let us do it for you! Our Public Relations Officer can handle all your documentation services.
Bank Account Assistance
If you have a business in the UAE, it’s important to have a corporate bank account to secure your monetary assets. While it’s pretty easy to get an account, each bank has different requirements to get everything setup. We can easily help you get an account setup without any trouble.
Product Registration
If you plan to import, manufacture, re-export, and distribute products, then you will need to make sure your products are registered. A registration helps ensure consumers that your products are safe. We can handle the process for you to make sure that all the proper paperwork is turned in and all of the correct steps are taken.
Business Centers
It can be difficult finding an office for your business if you are not familiar with the area. We’ve made this a super easy process with our Business Centers. We have offices that are fully furnished and ready to move into. Whatever you’re looking for, we can find a space that’s perfect for your business.
Company Liquidation
Company liquidation is a tough decision to make. We can help you get through the long and tedious process. Our team of legal experts will guide you through the entire operation to help you minimize your legal liabilities and possible financial losses.
"We are not a law firm, any legal advice required by our clients will be outsourced to a license law firm in Dubai". We are a corporate services provider license by the Dubai Economy license number 788195.*
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