The cost of setting up a business in Dubai can vary depending on several factors, including the type of business entity, the location, and the nature of the business.
Generally, there are two main options for setting up a business in Dubai: a mainland company or a free zone company.
A mainland company is a business entity that is registered with the Department of Economic Development (DED) and allows for trading within the local market. The cost of setting up a mainland company can vary depending on the nature of the business, the location, and the size of the company. Typically, the cost of setting up a mainland company in Dubai can range from AED 15,000 to AED 30,000.
On the other hand, a free zone company is a business entity that is registered in one of the many free zones in Dubai. These free zones offer a range of benefits, including 100% foreign ownership, tax exemptions, and easy business setup procedures. The cost of setting up a free zone company can vary depending on the location and the type of license required. Typically, the cost of setting up a free zone company in Dubai can range from AED 15,000 to AED 50,000.
In addition to the cost of setting up the business entity, there are other costs that entrepreneurs need to consider when setting up a business in Dubai. These include office rent, visa fees, and other government fees. The cost of office rent can vary depending on the location and size of the office space. Typically, the cost of office rent in Dubai can range from AED 50 to AED 250 per square foot per year.
The cost of visa fees can also vary depending on the type of visa and the duration of stay. Typically, the cost of a residence visa in Dubai can range from AED 3,000 to AED 5,000 per year.
Finally, there are other government fees that entrepreneurs need to consider when setting up a business in Dubai. These include trade license fees, registration fees, and other administrative fees. The cost of these fees can vary depending on the type of business entity and the location of the business.
In conclusion, setting up a business in Dubai can be a complex process that requires a thorough understanding of the legal and regulatory framework of the country. The cost of setting up a business in Dubai can vary depending on several factors, including the type of business entity, the location, and the nature of the business. As a business setup company in Dubai, we can guide you through the entire process and help you understand the cost involved. Contact us today to learn more about Setting up a business in Dubai
