Level 9B, Rolex Tower, Sheikh Zayed Road, Dubai, UAE

Office Hour : Mon – Fri : 09:00 – 17:00

How To Start a Lifestyle Consultancy Service Business in UAE ?

Sharjah Research Technology
and Innovation Park (SRTIP)

Home » How To Start a Lifestyle Consultancy Service Business in UAE ?
Start a Lifestyle Consultancy Service Business in UAE
The UAE is renowned for its opulent lifestyle, defined by high-end amenities, premium brands and luxury living. It is a booming hub, especially in upmarket offerings whether it is retail or any service-based offerings. Similarly, the trend for lifestyle consultancy service business is emerging at a fast pace to meet the growing demand for personalised lifestyle services for the diverse populace residing in the UAE.
With an increasing interest and influx of global entrepreneurs in the UAE, especially in free zones, the need for lifestyle consultancies is becoming more evident. Professional lifestyle coaches are coming to the forefront of helping people improve their personal and professional lives. This can include their health, fitness, well-being, personality, relationships, etc, attracting these coaches to obtain a lifestyle consultancy license.
Let’s explore more about the trend picking up in the lifestyle consultancy segment.

Benefits of lifestyle consulting business setup in UAE

Considering the booming population and economy, a lifestyle consultancy business setup in UAE has several benefist. Here are the key advantages:

Tax benefits

Businesses in the UAE, especially in free zones capitalise on tax exemptions from corporate and personal income. This ensures that a business retains a larger share of its earnings, contributing to higher profitability. Hence, a lifestyle consultancy business can benefit from tax exemptions and significantly allocate their resources for enhancing their business performance.

Full Company Ownership

Unlike traditional business regulations, business owners in free zones can enjoy 100% foreign ownership for their company. This eliminates the need to onboard a local sponsor or an Emirati to get started with a Lifestyle consultancy business.

Wider client base

There is a heightened demand for lifestyle coaching services in the UAE. As the awareness about fitness, mental health and personality grooming is increasing, more individuals are prioritising their lifestyle needs, hence, look for lifestyle consultancy services.

Tech-savvy consumers

In the present digitally driven era, consumers scroll through online content for their own personality improvement. As a result, there is an upsurge in demand for online lifestyle coaching that enables foreign entrepreneurs to obtain a lifestyle consultancy business license in UAE and serve customers across the globe.

Step-by-step guide to start a Lifestyle Consultancy Service Business

Starting a lifestyle consultancy business in a UAE free zone is undoubtedly advantageous for entrepreneurs. However, it requires a legitimate business license to establish itself in the market and start onboarding customers. Here is the detailed process to obtain a business license in UAE:

Choose your location

Business owners planning to set up their lifestyle consultancy business in UAE should begin with identifying their specific location to carry out operations. In tandem, the UAE free zones emerge as one of the most sought-after choices for them, considering the location, cost for setup and other factors.

Specify your business activity

Once you have decided your location, define the scope of your lifestyle consultancy services or offerings such as personality development, wellness, lifestyle or business coaching, etc.

Apply for a Business License

Prepare for your application process to obtain the lifestyle consultancy license. Gather your necessary documents including passport copies, business plan, residency proof, etc. You can apply for a professional license in the UAE free zone to get started with your lifestyle consultancy.

Open a bank account

Once you have obtained your license, operate a corporate bank account which enables you to manage your business finances and transactions. This will allow you to operate worldwide seamlessly.

Documents required for obtaining a Lifestyle Consultancy License

Obtaining a license for lifestyle consultancy business in UAE requires a streamlined approach and a few documents to ensure the legal presence of the business.
  1. Passport Copies of all shareholders and managerial level employees
  2. Completed application form 
  3. Visa Copies

The document submission process is a crucial step in obtaining a business license for a lifestyle consultancy business. Hence, you must seek the assistance of a professional to make sure you sail through the process smoothly and get approval as fast as possible. 

Conclusion

Starting a lifestyle consultancy business can be extremely rewarding for entrepreneurs, especially for those who are experienced and extremely passionate about serving clients in this category. With the wellness industry set to move on a growth trajectory, it is the right time to enter the market and leave an indelible mark. 

 

If you are looking for expert assistance, get in touch with SRTIP Accelerator, the UAE’s most trusted business license provider in SRTIP-free zone. 

Book A Free Consultation

By submitting this form, you consent to being contacted by our team via phone, email, etc.

Related Post

Scroll to Top