Setting up a cyber security consultancy in Dubai mainland offers lucrative opportunities for foreign investors looking to tap the emirate’s unparalleled benefits. Dubai is at the forefront of digital transformation but it comes with the increased risk of cyber security violations. Companies in Dubai will need the assistance of cyber security consultancies to build a robust infrastructure to shield their systems from hacking and data theft. Moreover, you can navigate the company formation procedures with the help of business setup consultants in Dubai.
In this article, we intend to enhance your knowledge about the process of business setup in Dubai so that you can meet the company registration requirements easily. Read ahead to know further about how to open a cyber security consultancy in Dubai mainland:
What is a Cyber Security Consultancy License in Dubai?
You must obtain a cyber security consultancy license in Dubai if you want to open a company offering comprehensive professional cyber security consultancy services to other companies on how to prepare for, avoid and protect themselves against cyber-attacks and threats involving networks, computers, programs and data damage or unauthorized access. This is a professional license issued by the Department of Economic Development (DED) in Dubai. The cyber security consultancy license is grouped under the ‘Consultancy –Technical’ activity group with the Activity Code of 6202006. Business setup consultants in Dubai can help you apply for this license.
Why you Should Start a Cyber Security Business in Dubai
The UAE has strong legislation (Federal Decree-Law No. 34 of 2021 on Combating Rumours and Cybercrimes) and infrastructure to contain the threats of cyber attacks. However, the businesses operating in the UAE are not entirely free from the threat of ransomware attacks. In recent years, well-known companies like Careem and Moorfields Eye Hospital have publicly acknowledged that they were subject to ransomware attacks.
The threat of cyber-attacks has increased Post-Covid-19 as digital transformation became an immediate necessity. By setting up a cyber security consultancy in Dubai, you can advise organisations on how to shield their systems against such threats. The rapid pace of digital transformation will increase the demand for cyber security consultancies in Dubai. Moreover, you can enjoy other benefits such as Dubai’s strategic location, 100% foreign ownership, modern infrastructure, ease of doing business, flexible company registration procedures etc.
Steps for Getting a Cyber Security Consultancy License in Dubai
You need to understand the process of company registration in Dubai to speed up the licensing procedure. The steps for company registration in Dubai involve both simple and complex requirements. You may be confused about how to navigate such steps and obtain the license from DED. However, business setup consultants in Dubai can give you proper advice on how to incorporate your company easily. All you need to do is follow the steps given below:
- Select a business activity: Company formation consultants can help you with this
- Choose a company name: This should be in line with DED’s naming guidelines
- Select appropriate legal structure: The legal structure must be selected based on the number of shareholders
- Rent or lease office space in Dubai: You must obtain a tenancy contract and get it attested by Ejari
- Submit all the documents: Business setup consultants in Dubai can help you draft and submit the documents
- Collect the Cyber Security Consultancy license from the DED: You can get the license after paying the necessary fees.
Start your Company Through Business Setup Consultants in Dubai
The process of business setup in Dubai involves several steps and requirements and you are advised to seek professional help while applying for a DED trade license. Foreign investors wishing to set up a cyber security consultancy business can seek advice from the best business setup consultants in Dubai such as Jitendra Business Consultants (JBC). You can easily navigate all the requirements of company registration in Dubai with the help of JBC’s highly qualified company setup experts.
Our consultants are well-versed in the UAE Immigration Laws and Labour Laws which may come in handy for making the process accurate and error-free. Apart from managing your license application, JBC can also assist with the opening of corporate bank accounts, and advise on compliance requirements such as AML-CFT, Economic Substance Regulations (ESR) and Ultimate Beneficial Ownership (UBO). Our consultants can help you navigate the immigration procedures and handle all the government formalities, approvals, work permits, and visa applications. We offer the best business setup services in Dubai that enable you to bring your dreams to life.