Reasons to Start an Event Management Company in Dubai?

by Zaara 12, Aug 2019

Do you want to start an event management company in Dubai but worry about the consequences? Worry not. Dubai has this amazing liberal system wherein they welcome business investors from different parts of the world. 

Dubai attracts a large number of investors from worldwide as they have an attractive legal system with minimal cost, including some significant beneficial incentives for start-ups and moreover, this business can be helpful for young entrepreneurs with creative minds.

Back to top

Some of the Reasons to Start an Event Management Company in Dubai

Starting an event management company in Dubai is beneficial for so many reasons and some of which are

  • Affordable Start-up Cost

Among many other start-up ideas, the event management business is one of the top and is hard to beat. To get an event management license in Dubai, the rate is affordable at approx AED 1,700.

For such a business, you don't need a physical office at the start, and you can hire contract employees on a needs basis. 

  • Unlimited Income Potential

No matter what time of year, there is always something exciting happening in Dubai. That is why business setup in Dubai is most common among investors from all over the world. Dubai hosts n number of events every year. The potential client availability is enormous.

  • Industry Growth

The events market in the Middle East & Africa is expected to grow from US$ 53.63 billion in 2022 to US$ 76.67 billion by 2028; it is estimated to grow at a CAGR of 6.1% from 2021 to 2028. This means it is easier to grow your event management business in Dubai.

  • Accessibility

Dubai has a significant advantage in terms of its location. It is located near all the major spots of the world.

For an event management company, it can be a significant advantage as Dubai has got visitors and corporate individuals from worldwide. 

These corporate ex-pats would require a good event management company to arrange events, ceremonies or meetings and thus provide an excellent opportunity to the event management companies in Dubai.

  • Multiple Shareholders

Whether you want to start an event management company in a free zone or mainland, you can choose various shareholders in your company.  

Individuals and corporate entities have the authority to set up a business with more than one shareholder in Dubai.

  • Plenty of Visa Options

The flexible visa options available in Dubai, which can be easily afforded, is one of the major factors for the business's popularity. The entrepreneurs can quickly obtain their visa and have the opportunity to apply for more as per their business growth and requirements. 

  • Minimal Risk

An event management business ranges from small-term investment to long. A start-up entrepreneur can also start the said business with minimum capital. You don't need to invest in many fixed costs, such as office equipment and space. Your downside risk is always kept to the absolute minimum.

Back to top

Start an Event Management Company in Dubai with Commitbiz

With these many benefits offered, why wait to start an event management company in Dubai?

We at Commitbiz are working to provide our clients with a smooth registration and setup process. In case of any query for setting up an event management business. Contact us. We would be happy to help.

Back to top
FAQs

Is it good to start an event management company in Dubai?

Yes, the business growth is exponential. The events market in the Middle East & Africa is expected to grow from US$ 53.63 billion in 2022 to US$ 76.67 billion by 2028.

What are the benefits of starting an event management company in Dubai?

Dubai offers a wide range of benefits 

  • High-income potential
  • Affordable setup cost
  • Multiple shareholders
  • Ease oa f getting Visa
  • Industry Growth etc

What are the most beneficial services to offer in event management business in Dubai?

  • Wedding planning
  • Party planning
  • Corporate events
  • Tourism events etc are some of the best services to offer.

How much will starting an event management business in Dubai cost?

It depends on the location you choose, the services you offer, the scale of your business, etc.