Start a facilities management company in Dubai

How To Start A Facilities Management Company?

Starting a facilities management company in Dubai is one of the impeccable opportunities as we can find the finest world-class infrastructure, skyscrapers, commercial buildings, and commercial buildings. A series of projects are undergoing in the residential and commercial sectors. The fast-paced development of Emirates would drive the facilities market and there would be a colossal increase. Apart from high-end buildings and properties, there are millions of expats living in different accommodations and structures that require timely maintenance and services every year. It shows how diversified UAE is and the exciting opportunities that come in the lieu of managing these facilities. The business is thriving due to the building of world-class infrastructure.

Starting a Facilities Management Company in Dubai

The planning of starting a facilities management company in Dubai requires the users to be specific about choosing the different types of facility management services and these are divided into two different categories as

Hard Facilities Management Company

The company offers services in the building structures and systems to keep them intact and in perfect shape to ensure they are functioning properly. These services include the proper maintenance of elevators, corridors, plumbing, fire safety system, and alarm system.

Soft Facilities Management Company

Soft Facilities Management company focuses on maintaining the property from the ground, pest control, ensuring security, and cleaning the premises that are included in these services.

How to Start facilities management business in Dubai 2024?

If you are wondering about Establishing FM Company Dubai 2024 and the steps associated with it, then you have landed yourself in the correct place. You can follow the below stages to acquire a trade license for the company and set it up.

1. Pick a Name for Your Business

Before choosing a company name, you should be aware of the strict protocols and guidelines of the UAE. The name should not include offensive or blasphemous language, allude to any renowned brands or organizations, or refer to any religion or God. If you want to keep the name of your building maintenance company in Dubai after your name, you should use your complete name and never abbreviate it. You need to submit three name options to the registry office in the UAE for approval and availability verification. They will then inform you when they allocate and approve the company name.

2. Select business jurisdiction

After successfully registering and picking the company name, you must select a business jurisdiction for establishing FM Company Dubai 2024. The government of the UAE offers 2 primary business jurisdictions: the Mainland and the Free Zone. Each jurisdiction comes with its regulations, requirements, rules, laws, and other business activities. Free zones offer investors and entrepreneurs 100% company ownership, zero corporate and personal tax rates, allow repatriation of complete capital and profit to the home countries, and many others. In the Mainland, companies can do business directly in Dubai with no brand office necessities like Free Zones. A local sponsor or a UAE citizen should be a 51% shareholder of the building maintenance company Dubai.

3. Getting the approval

Next, the DED (Department of Economic Development) should give initial approval. The approval procedure will remain the same whether you want to offer property management services in Dubai's Mainland or Free Zone.

4. Choosing the activities of your business

In your trade license application, you should stipulate and specify different activities that your business indulges in. You can select your business activities among 2000 varieties depending upon the type of trade license you want to apply for. Facility management companies in UAE that do not include appropriate business activities might encounter high penalties from the authorities of Dubai. Different types of business activities to select for your trade license include:
• Fire safety
• Maintenance of elevator
• Carpentry
• Maintenance
• Security
• Plumbing
• Renovation
• Cleaning
• Pest control

5. Submitting the trade license application

Once you are sure that you have completed and verified the above steps, you need to submit your trade license application to the DED for approval. You can take the help of Flyingcolour Business Setup Services in this critical step to get approval without rejections, delays, or errors.

6. Applying for visa

Once the government grants you the trade license for setting up a facilities management business in Dubai, you need to apply for a residency visa in the UAE to continue to work and live in the city. With the help of the trade license of your business, you can also sponsor your staff and family, based on the license conditions.

7. Grade the facilities management business in Dubai 2024

The RERA (Real Estate Regulatory Authority) grades different facilities management businesses in Dubai. You must get a mandatory grading from RERA to submit a tender for various projects. It means only some particular RERA-graded companies can apply for specific projects. In other words, the higher the grading of the building maintenance company in Dubai, the higher the scope of applying for big projects.

8. Opening a bank account

At last, you have to open a corporate account in a bank before starting the business in Dubai. You can partner with Flyingcolour Business Setup Services to manage all your business applications and set up processes. The company includes startup specialists to communicate with the relevant government authorities for specific jobs on your behalf.

Documents required for starting facilities management company in Dubai

For opening the facilities management company in Dubai. The first step is to obtain the facility management license also the requirement of a business license is a must to commence the operations. This license requires a series of documents and processing fees where Flyingcolour® business setup Dubai can help you take out the hassle and submit all the documents to the concerned authority. The license can be retained within no time to start the functions. Here is the list of documents required to start the facilities management company in Dubai

1. Application form.
2. Approval by the concerned authority depends on the chosen business activity.
3. Passport copies of proposed business partners and owners.
4. Rental contract
5. Two-color passport size photos.
6. Ejari Registration
7. Name registration certificate.
8. Copy of Jinsiya.
9. If the person is already on a work visa, a No objection certificate from an international sponsor partner is required.

Apply for Facility Management License in Dubai

Start by visiting the Department of Economic Development for registering the licensing in Dubai.

• Start by acquiring TRA, Initial, and other name approvals.
• Attest and notarize the Memorandum of Agreement MOA.
• Start by paying pending dues such as DED Fee, License Fee, Annual fee, Tasheel fee, and non-Arabic fee.
• Preparing for Ejari.

Process of setting up a facilities management company in Dubai

1. The first and foremost thing is obtaining a management license in Dubai, UAE.
2. Choose a business activity that suits the goals and purpose of the business.
3. Choose a company name that should be unique and doesn’t clash with existing entities.
4. Choose Jurisdiction to establish the business.

Going through the procedure of obtaining a license alone can be extremely overwhelming, which is where we step in. Flyingcolour® business setup Dubai can assist you with this process in a timely and hassle-free manner. Please contact us right away, even if it’s just for friendly advice.