Dubai is one of the most popular cities in the world to set up things for good reason. Low tax, high quality of life and infrastructure of world class are just a few of the reasons why so many entrepreneurs choose Dubai as a launch platform to scale up and achieve. So what is the catch? Can you really stimulate the bottom line here, or do it eat at a hidden costs?
How much money is needed to start a company in Dubai?
As a Ballpark figure, starting a company in Dubai usually varies from AED 12,000 to AED 50,000+, depending on a wide range of factors. The most important components that require capital investments in advance are:
- Trade License costs: Licenses are a legal requirement, but the costs vary depending on business activity, legal structure and whether it is a free zone or mainland. There are six types of licenses, although the most common commercial, professional and industrial licenses are. Licenses vary from AED 8,000 to AED 15,000
- Visa and immigration costs: everyone who operates a company in Dubai, regardless of whether it is in a free zone or on the mainland, will have to be heard (and charged employees or persons) the right to live in the country. The costs vary from AED 3,000 to more than AED 7,000. This Emirates -ID, medical test and a status change if necessary.
- Office or work space rental: companies on the mainland usually require a physical office to register a company, but free zones offer flexi desk, co-working and even virtual spaces to keep costs low. The costs vary from AED 4,000 to AED 50,000+ per year, depending on the space.
- First approvals and government costs: There are other administrative costs to consider addiction to licenses, such as trade name reservation, notarization of documents and other legal costs. The costs can vary from AED 1,000 to more than AED 5,000, depending on the requirements.
Factors that influence the total use
In general, launching to the business community in Dubai – in particular the start of startups in free zones – You have a lot of Likenstart costs than Tose associated with other large cities around the world. However, it is important to consider a wide range of factors, because the costs associated with this vary enormously. Below we have summarized the sub -key overview of the sub -key, but for a more accurate understunding it will cost to launch your unique company in the VAE, we recommend that you contact a renowned business consultancy such as Set Hub, what he may help to make possible
Mainland versus free zone setup
In general, free zone settings tender to be more cost-effective, the mainland companies. This is Scholauses customers can benefit from packages with important installation costs, such as trade permits, visas and workplaces. Free zones also make 100% foreign ownership, 0% income tax and a quick and easy installation process possible. Companies on the mainland often require capital investments from larger upfront due to requirements such as compulsory office space, extra government costs and OH approvals. However, it is worth remembering that companies on the mainland can operate anywhere in the VAE and with the local market, which usually needs free zones a local distributor to do this.
Type
All companies must give a license to work legally in the VAE, but licenses vary in price. Professional licenses, usually required for professionals who offer advice or freelance services, tend to the most affordable because they are AFF -requirements for approval. Commercial Licens, used by those used in commercial activities, are slightly more expensive, although they can incur additional costs for multiple activities or specialist services. Industrial licenses to the most expensive, since thought are more legal requirements.
Number of Visa required
It is clear that the more visa you need, the more expensive the set -up costs. Each visa adds the processing costs of the government and also required medical tests, Emirates -ID costs and more. If you are planning to hire several employees, this will increase your start -up costs.
Physical office versus virtual office or flexi office
If you want to lower the costs, this is a good place to save. Many free zones offer flexi agencies and virtual office options that lower considerable costs. However, this is only an option if you do not intend to open a company on the mainland, for which you need a physical office lease to work legally.
Cheap business institutions options in Dubai
So where can smart entrepreneurs save money at the start of their journey? Below we have emphasized serious affordable solutions and budget -friendly business institutions routes that are designed to help smaller companies. For expert insights into more budget -friendly and affordable options, please feel free to contact our expert team of advisers at Set Hub, who are happy to help.
Free Zone setup
Free zones offer sub of the most affordable and flexible setup options for new companies, because there is minimal overhead. Entrepreneurs can also benefit from a quick setup (sub -times with up to a few days), full repatrion of profit and capital and 100% foreign property. It is an ideal option for working in e-commerce, advice, design, marketing and technical companies, but Don’s discount only because you work in industries such as construction or logistics, because there is a special free zone design to streamline the process and stimulate the bottom line.
Zero or virtual office space -options
Many free zones enable companies to register without renting a physical office space. Inssterad, business owners can choose a cost-effective flexi agency or virtual office package, with shared facilities and access to Meoting rooms on an as-neded, rather than permanent, basis. This is a particularly good option for working online or in service -based companies.
Licenses with one owner
These are on cost -effective and simple option for the preparation of companies with which one person can fully possess and exploit a company on both the mainland and free zones. It means that entrepreneurs can benefit from lower installation costs, no requirements for multiple shareholders and little visa. It is also easy to scale up too late.
Why work with Set Hub?
Set there would be brands Business setup in Dubai More affordable by combining transparency, expertise and a dedication to customer success. We have served more than 25,000 customers in the past decade and have a fair a trusted name in the landscape of the Vae’s business. With our clear, zero-improved fees approach you can take advantage of personalized, cost-effective solutions that match your business goals.
Our team of more than 80 professionals also speak more than 23 languages, so that we can support customers with different backgrounds around the world. From suffocating the right license to handling visas, banking and compliance, set HUB simplifies every step of the process, allowing entrepreneurs to concentrate on growth.
If you are looking for a reliable and affordable way to start your company in Dubai, please contact us today to find out how we can help.
