How to start an asset management and investment business in Dubai, UAE

How to start an asset management and investment business in Dubai, UAE - Makebiz

Starting a financial management business in the United Arab Emirates offers a tantalizing prospect amidst the region’s thriving financial sector. With forecasts indicating that UAE assets under management could grow to USD 270 billion in 2024, the demand for reliable financial services is clearly on the rise. As the country adopts innovative technologies, there is an ever-growing need for financial management solutions that can be easily integrated with digital platforms. 

In this area, one can consider starting a financial analysis and counseling company where clients can be helped to make the right decisions to manage their capital and finances.

One can conduct investment and asset management related activities in the following areas:

  • Investment in and management of commercial enterprises;
  • in industrial enterprises and their management;
  • in agricultural enterprises and management;
  • in and management of tourism enterprises;
  • in and management of energy enterprises;
  • in health care enterprises and their development;
  • in educational enterprises and management;
  • in sports enterprises and development;
  • in water enterprises and their development;
  • in retail enterprises and their management;
  • in oil and natural gas projects;
  • in technology ventures and management.

Investment and Management is the most popular specialization, guaranteeing high profits with the necessary competencies. Moreover, no approvals and consents are required to obtain such a license.

To register a business in Dubai, you need to go through the following steps:

1. Approval of the chosen company name by the government authorities.

2. Selection of the legal structure and location of the company.

3. Obtaining all necessary approvals, if required.

4. Applying for a license for the planned activity.

5. Issuing a visa for the founder.

6. Opening a corporate account.

Knowledge of the UAE regulatory framework simplifies the process of opening a company. Makebiz specialists will accompany you at every stage and provide professional assistance for the successful start of your business. Schedule a free consultation with our lawyer and find out how to start an asset management business in Dubai.

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