More and more businesses in the United Arab Emirates (UAE) look for ways to keep their properties and interests safe from brutality, robberies, and other delinquencies. With the high need for security concerns, there are more business opportunities in Dubai opening up for entrepreneurs who want to open a security company in Dubai and the UAE.
According to the report, UAE is anticipated to nearly double homeland security spending over the next decade, from $5.5 billion to more than $10 billion. If you are an entrepreneur who is enthusiastic about personal security and want to help others feel more secure in their homes and businesses in Dubai, here is our guide to security services company formation in UAE.
Back to topHow to Start a Security Agency in Dubai?
The first few steps to opening a security company in Dubai are standard practice. An equivalent step you must take to undertake when fixing any business here.
1. Decide on a Trade Name
The first step is to decide on your trade name. This could not include any offensive or profane language or make regard to known firms and corporations. If you're going to have your trade name in Dubai, it must be full – no abbreviations or initials.
You also want to make sure your chosen business name is out there to be registered.
2. Select a Suitable Location
You'll also get to select a free zone or mainland formation. If you determine your company within the mainland, you're free to trade directly with the local market without using an area agent's services.
You'll also bid for state contracts – which may be vital within the field of facilities management. On the other hand, you'll cash in a 100% exemption from customs tax if you find out during a free port.
Security company license in Dubai freezone business owners even have freedom of full repatriation. There also are no currency restrictions or exchange controls.
3. Get the Necessary Permits
Obtain all the necessary permits and licenses. If you do not have the required permits and licenses in UAE, a Security company license in Dubai will lead to hefty fines or even cause your organization to be shut down.
4. Open a Business Bank Account
Open a business bank account in Dubai. A dedicated checking account for your security guard company in the Emirates keeps your finances organized. Security business license in Dubai makes your business look more professional to your customers.
Back to topAll About the SIRA-Approved Companies in Dubai
Securities Industry Regulatory Authority (SIRA) stands as a governing body that regulates the Security Industry in the United Arab Emirates and stands on the values of Sustainability, Safety, Quality, and Innovation, aiming to build Dubai as a safe and secure city.
Approvals Provided by SIRA
When it comes to providing approvals, the authorized body approves licenses for the following business categories:
Security SpecificationCompanies Security LicensesIndividual Services
Event Security GuardManagement Office OnlySecurity Dog Training Centre
Cash-in-Transit GuardPrecious Commodities Store (Merchandise Value Less Than 100,000)Self-Transportation Vehicles Trading
Security GuardPrecious Commodities Store (Merchandise Value More Than 100,000)Preparation of Vehicles for Safe Transport
CCTV OperatorPrecious Metals & Gemstones Trading & ManufacturingSecurity Studies and Consultancies
Security Systems EngineerGold OfficesCentre for Operations and Monitoring Services
Security Systems TechnicianSelf-StoragesSecurity and Surveillance Systems Installation & Maintenance
Security ConsultantPrecious Metals WarehouseGuard Property Services
Security AuditorMonetary Financial InstitutionsParty Security & Private Guarding Services
Security Manager Security Control & Alarm Equipment Trading
Security Trainer Money & Valuables Transport Services
Security Supervisor Security Control and Measuring Services
Get a SIRA Approval in Dubai
When it comes to business setup in Dubai, certain businesses require external approvals to conduct business activities. Suppose you are planning to deal with any business activities, coping with the above-stated industries.
In that case, it is a mandate for you to acquire approvals from the Securities Industry Regulatory Agency. At this point, dealing with the process in-house could turn out to be troublesome.
The intelligent way is to have a word with a professional business consultant who is an expert in the business establishment process and possesses in-depth knowledge of the UAE's legal proceedings.
Qualities and Experience Needed for SIRA Dubai
The good thing about some SIRA courses and other vocational courses in the UAE is that you can apply for most of them on tourist visas and then use them as an added certificate to search for a job. In the case of security, you do not require any qualification to do some entry-level courses.
But to take some higher license, you need experience. Security Supervisor, CCTV Operator, and Security Manager require you to have security experience to acquire a permit. However, you can start with the entry-level, like the SIRA security guard license.
The security industry in the UAE requires you to be physically fit, and the acceptable age is between 21 to 55. It is a reasonable age bracket. If you are within the age bracket and physically fit, you can apply for SIRA on a tourist visa in Dubai.
Security Company License Activities that need SIRA Approvals in the UAE
- Security Systems Technician
- Security Systems Engineer
- Cash in Transit Guard
- Event Security Guard
- Security Consultant
- Security Supervisor
- Security Manager
- Security Auditor
- Security Trainer
- CCTV Operator
- Security Guard
Apply for a SIRA License and Start a Security Company in Dubai with Us
Each business activity explained above carries different documents and provides online submission to urge final approval from SIRA on the trade license. With our help, the process is quite simple and straightforward.
Our business will help you in preparing and file all necessary documentation. Get in touch with our consultants, and we will provide all-around assistance on obtaining hassle-free business setup for your dream business setup in Dubai.
Back to topWhat are the specifications for deciding on a business name in Dubai?
The first step is to decide on your name; this could not include any offensive or profane language or make regard to known firms and corporations. If you're getting to have your name in your business name, it must be full – no abbreviations or initials.
What is SIRA in Dubai & UAE?
Securities Industry Regulatory Authority (SIRA) stands as a governing body that regulates the Security Industry in the United Arab Emirates and stands on the values of Sustainability, Safety, Quality, and Innovation, aiming to build Dubai as a safe and secure city.
Which higher security license types require an experience in Dubai?
Security Supervisor, CCTV Operator, and Security Manager require you to have security experience to acquire a permit.
What are the requirements for the security industry in Dubai?
The security industry in the UAE requires you to be physically fit, and the acceptable age is between 21 to 55. It is a reasonable age bracket. If you are within the age bracket and physically fit, you can apply for SIRA on a tourist visa in Dubai.
