Steps in formation of a company engaged in Project Management Consultancy -Company Formation
Includes firms specialized in managing and guiding project processes from start to finish as regarding planning, organizing, motivating, and controlling resources, procedures in order to achieve all of the project goals, it involves managing budgets, resources and relationships to achieve organizational objectives, planning, developing schedules to ensure timely completion of projects.
This type of licenses are professional licenses. A Local Service Agent can sponsor this license and 100 % ownership can be by expatriates. But the investors and managers should have Management degree or Engineering degree with a minimum of three years’ experience in the same field. The Educational Certificates must be attested from concerned authorities.
This type of license cannot be used for Engineering consultancy.
Other steps are common as is the normal cycle for a professional license namely, reserving trade name, getting name approval, submitting the documents, making memorandum and articles of association, locating and office space and finalizing all tenancy issues and finally submitting all documents with compliance of the Pre-Conditions as above.