July 17, 2024

All about Starting a facilities management company in Dubai

facilities management company in Dubai

Dubai is known for its many skyscrapers, and if you are planning to run a facility management company in Dubai, you can expect to be busy managing these tall and immense buildings every day. Dubai is also home to many multinational projects, with almost all companies having a branch in the city. Facility management is one of the fastest-growing sectors in Dubai and is expected to reach a value of 40 million dollars by the end of the decade. In this blog, we will explore the possibilities and benefits of starting a facility management company in Dubai.

What is included in facility management?

Facility management involves overseeing the smooth and structured operation of a building. For instance, if a museum is contracted, the facility management team will be responsible for all tasks related to running the museum. This includes securing the perimeter, maintaining the building, managing security, plumbing, electrical issues, fire safety, and ensuring the systematic flow of visitors, etc.

Types of facilities management companies in Dubai

There are a variety of facilities management companies in Dubai, some of which include the following:

  • Environmental, health, and safety services
  • Transportation services
  • Fire and safety services
  • Cleaning and sanitation services
  • Space management services
  • Security services, and many more.

Benefits of Starting a Facility Management Company in Dubai

Dubai’s rapidly growing economy and booming infrastructure make it an ideal place for facilities management companies. 

Imagine you are starting a facility management company called “Dubai EcoZone Company.” Here are some key benefits of starting such a company in Dubai:

  • The continuous construction of skyscrapers, luxury hotels, and commercial buildings in Dubai generates a constant need for its maintenance and management services. Leveraging this “Dubai EcoZone Company” can jump into their services and utilize them.
  • The UAE government always encourages new business setups in Dubai that favour their tax regimes. This even makes it better to start a facility management company in Dubai.
  • Your company can hire skilled professionals from around the world, as you will have access to work visas and permits.
  • As per Dubai Tourism statistics, as of January 2024, 3.7 million tourists have visited Dubai. These numbers are good leverage as the increase in tourism also increases the maintenance of tourist places and stays.  This translates to a wider client base for your company.
  • Moreover, Dubai’s strategic location as a global trade hub allows you to cater to a wider range of regional clients.

By combining these advantages, your company can position itself for success in the competitive facilities management landscape.

Types of Facility Management in Dubai

Generally, there are two types of facility management:

Hard Facility Management

In case you are wondering what hard facility management is, it involves the actual maintenance of the property, including building operations, safety, plumbing, and electricity.

Soft facility management

The other tasks that are not considered hard facility management, such as pest control, cleaning the premises, gardening, and parking, fall under soft facility management.

The Process of Starting a Facilities Management Company in Dubai

If you are planning to start a facility management (FM) company in Dubai, there are some important factors that you need to consider before setting up an office and hiring employees. Follow the steps outlined below to start your business with ease.

  • The first step is to decide on the jurisdiction, which can be either the Dubai Mainland or the Free Zone. Both offer unique features and facilitate optimal growth, depending on your needs and preferences. Starting a business on the mainland can help you conduct business around the globe, whereas conducting business within the free zone will enable you to get tax benefits.
  • The prime thing concerning the company would be its business name. Hence, business name registration is one of the important steps. The entity must comply with the regulations regarding the selection of a name for the business. The name must not hurt any cultural or religious sentiments of the people. Register the business name with the authorities.
  • Company name registration is one of the important tasks to be completed once jurisdiction is decided. All the mail related to the company should be in the business name. Naming the company has some rules to be followed like no sinful, religious or abbreviations are allowed for the name of the company. Register the business name with the proper authorities. 
  • The next process would be obtaining initial approval for the company, which can be handled by a business setup service in Dubai like CDA. For more about CDA services, click here for the “link”
  • To operate a facilities management company in Dubai, Mainland, you need a trade licence issued by the DED. The relevant Free Zone Authority issues the licence for a company in any of the Dubai free zones. Accurate documents are crucial for quick licence issuance.
  • To manage a facilities management company in Dubai, it is crucial to have a team of skilled professionals. Once you are done with setting the company name and registration, you can hire employees for your company. Depending on the size of the company, your VISA count may vary. You can apply for visas to recruit foreign employees, your family members, and domestic help (if required).

After obtaining the business licence, you may apply for a corporate bank account, with the account opening process varying based on the chosen bank.

Also, to start a facilities management company, you will need to provide the following documents:

  • A filled-out application form.
  • Copies of the passports of the owner and all other partners.
  • A copy of Jinsiya, which is the naturalisation book of local partners.
  • If the expatriate is already on a work visa, a No Objection Certificate from the international partners’ sponsors is required. If the shareholder is on a visit visa, the UID number of the shareholder will be requested.
  • Primary approval by the required authority, depending on the form of business operation to be done.

Conclusion

Starting a facilities management company in Dubai may seem like a simple process for arranging the required documents and getting approvals. However, it can be challenging for individuals who lack expertise in this area. That’s why it’s best to seek assistance from UAE company formation experts. CDA, for instance, has experienced and well-connected corporate advisors who can guide you through the entire process of starting a facility management company in Dubai. This way, you can focus on your business goals while they take care of the paperwork. 

For more information on how to start a facility management company in Dubai, click on the link

Get your facilities management business a head-start with CDA.

CDA has been one of the leading business setup consultants in Dubai, UAE. CDA, with its potential team of experts, can assist you in getting your business set up in Dubai at strategic locations based on the requirements. CDA’s PRO services and other trade licencing services can aid you in getting the paperwork for your registration and licences done without any mishaps. The team at CDA is always ready to support your creative business ideas in Dubai. To learn more about our services, contact our team now.