As the city of Dubai continues to grow at remarkable speed, so does its demand for reliable security companies to protect businesses, residential properties and events. While starting a security business in Dubai may seem complicated, with the right guidance, it can be a lucrative, rewarding venture.
How to start a security business in Dubai: Step-by-step
Starting a security business in Dubai requires careful planning and a good understanding of the city’s regulatory framework. Engaging a business consultancy like Set Hub, which specialises in Dubai’s regulations, can streamline this process and help avoid costly mistakes. However, to give you an idea of the steps involved in starting a security business, we’ve broken the process down into five stages.
Step 1: Get to grips with the legal requirements
It might be easier to set up a business in Dubai than elsewhere, but it’s still crucial to familiarise yourself with the legal framework governing security businesses. The Security Industry Regulatory Agency (SIRA) oversees the licensing and operations of companies within this sector, and its guidelines ensure that security services are delivered to the highest standards, protecting clients and the public.
Key legal considerations include:
- Ensure that all employees undergo mandatory SIRA training
- Comply with specific requirements for office spaces, equipment and operational protocols
- Adhere to Dubai’s company formation laws, which will vary depending on whether you choose a mainland or a free zone business
Step 2: Choose the best business structure for your business
Dubai offers various business structures tailored to different operational needs and goals, including Mainland, Free Zone and Offshore. Mainland businesses offer flexibility to operate across Dubai, while free Zones provide 100% ownership, tax benefits and simplified setup processes. Offshore companies are ideal for international businesses, less so for those operating solely within the country.
To ensure you make the right decision, assess your target clients, operational scope and budget.
Step 3: Register your business name and apply for approvals
You will need to register your trade name at this stage. The name must adhere to the UAE’s trade name regulations and should reflect your services. You should also apply for initial approvals, including clearance from SIRA.
Step 4: Secure a physical office space
Security businesses in the UAE require a physical space. This should meet SIRA’s specific requirements, with designated areas for employee training and certification, secure storage of equipment and operational facilities for monitoring and coordination.
Step 5: Apply for your license
You will need a license to operate your business legally in the UAE. Once your license is issued, you can begin offering services.
Benefits of starting a security business in Dubai
Dubai offers a whole host of advantages to entrepreneurs in the security sector. Here’s a closer look at some of the key advantages beyond the obvious perks:
High demand for security services
The demand for professional security services has surged in recent years, thanks to global events, a rapid expanse in real estate projects and a continued drive to attract international businesses. From private residential communities to corporate offices and public events, the city has a steady stream of potential clients.
Supportive business environment
The UAE government actively encourages entrepreneurship through its investor-friendly policies, low tax levels and streamlined licensing processes. Plus, security business entrepreneurs can easily access specialised training through SIRA to simplify employee onboarding and ensure high-quality service delivery.
Access to advanced technology
Dubai is at the forefront of technological innovation. Security businesses can leverage cutting-edge solutions such as AI-powered surveillance systems, biometric access controls and drone monitoring to enhance their services. These advancements will improve efficiency while giving your business a competitive edge.
Market opportunities
Dubai is home to a multicultural population and a diverse client base. Possible clients might include everything from luxury hotels to multinational corporations and just about anything in between.
Financial incentives
The UAE offers a tax-free income policy and low corporate tax rates compared with other business hubs, which boosts profits. There are more than 60 free zones located in the city too, each offering perks including zero customs duties, full profit repatriation and long-term stability.
Activities requiring SIRA approval in the UAE
The Security Industry Regulatory Authority (SIRA) is the governing body that regulates the security industry in the UAE and ensures that businesses meet stringent safety and operational standards. Here is a list of activities that currently require SIRA approval, though it is worth checking the official website regularly for any updates:
- Security guarding services, including for events and private properties
- Installation, maintenance and operation of CCTV and surveillance systems
- Cash-in-transit and valuables transportation services
- Training centres for security personnel and dog training
- Consulting, auditing and studies related to security operations
- Trading and preparation of vehicles for secure transport
- Specialised guarding for precious metals, gemstones and monetary institutions
- Operations and monitoring services
Steps to get a security license from SIRA
To ensure you can operate your security business legally in the UAE, you will need to apply for a security license from SIRA.
Step 1: Register your company
Begin by registering your company with the appropriate authority, either with the DED (mainland companies) or a free zone authority. You will usually need to submit your company documents for SIRA’s preliminary approval at this stage.
Step 2: Employee training
All employees must complete SIRA’s mandatory training programs covering varied aspects of security, such as professional ethics, operational protocols and advanced security systems.
Step 3: Provide the required documentation
Ensure that you have all the correct documentation required by SIRA, including your registration certificate, office tenancy contract, employee identification, and SIRA training certificates.
Step 4: Inspection
SIRA will conduct an on-site inspection of your office and operational facilities. Ensure that your premises meet all safety and compliance standards.
Step 5: Receive your security license from SIRA
Once your documents have been reviewed and your premises have been approved, you will be able to pay the fees to obtain your security license. Remember to note the expiry date, as the license will need to be renewed.
Why work with Set Hub?
As a trusted business setup consultancy in Dubai, we specialise in guiding entrepreneurs through every stage of their company formation journey. In the past 12 years, we have grown to become a leading consultancy and have assisted over 25,000 businesses in the UAE. Whether you need assistance with legal paperwork, licensing or finding the perfect office space, our expert team is here to provide customised solutions that fit your unique needs.
Ready to start your own security business in one of the best places in the world to do business? Get in touch with our team of advisors today.