If you think starting a business in Dubai is a good idea, you are 100% right.
It has a supreme geographical location with laws that are good for investors. This is why a lot of people from outside the country have moved to set up businesses in Dubai.
Even though it might be a good idea, you need to know how much it will cost before you move.
Costs depend on the business location
The first thing to keep in mind is that the costs of setting up a business in Dubai will depend on where you choose to open it.
Free zone and the mainland are the two choices.
Costs to start a business in a free zone
The free zone area of Dubai is a convenient spot for business setup since it provides cost-saving benefits.
However, the cost of starting a free zone business in Dubai varies based on which free zone you select.
License costs vary from free zone to free zone.
The starting price for Sharjah Media City Free zone (Shams) is AED 9200. On the other hand, you need to pay AED 25,000 for Dubai South free zone.
Before processing the application, it would be best to talk with business setup consultants because they have tremendous experience in the business industry.
Among the business consultant agencies in Dubai, Bizstart stands tall. We are among the pioneers of the business consulting market.
Our professionals can help you establish a business in Dubai. Contact us for more details.
Costs to start a business in Dubai’s mainland
Similar to the free zone, the costs of starting a business in Dubai mainland vary depending on the type of business, the number of visas, and the location.
There will also be some other expenses, such as business incorporation fees, government fees, and a lot more.
- DED Initial Approval AED 235
- Trade name approval costs AED 735
- Office space rental costs
- AED 1200 is required for the attestation of the company’s Memorandum of Association (MoA).
- All partners or their attorneys must appear to sign the court agreement attestation.
- Your company will be registered after paying the one-time registration fee of AED 3,000 to the Ministry of Economy.
- Trade license cost: 10,000 AED Approx.
Conclusion
The business setup cost in UAE is determined by multiple factors. Therefore, there is no one-size-fits-all policy.
Fortunately, when you work with the professional business consultants of Bizstart, you can launch your business at reasonable prices.
They will make things a lot easier for you and provide you with end-to-end business consultation support.
Most importantly, we can handle all types of business documentation, licensing, banking, and a lot of other projects.
Hire our experienced consultants to learn more about registering your business in Dubai and get help with the process.
Call us today!