How Much Does Business Setup In Dubai Cost
That depends. What is your business activity? Free zone or mainland? How many visas or shareholders? From our experience with business setup in Dubai for over 75,000 entrepreneurs, we have created the Business Setup Cost Calculator to give you the answer.
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Should you undertake business setup in Dubai yourself?
Wondering if you can start a Dubai company yourself? You can. But there are some things you need to know.
1. There is a multitude of options.
How do you decide which of the more than 60 jurisdictions is best for your Dubai business? How can you be certain that the licence and business activity you’re selecting are appropriate? Make sure your Dubai business setup isn’t a trial-and-error exercise.
2. It is not easy.
It requires time and mileage to communicate with the appropriate government agencies and departments alone. Both in plenty.
3. There is a mountain of paperwork.
Establishing a business in Dubai requires a boatload of paperwork. Just to name a few, consider paperwork, applications, banking, and legal procedures.
4. You might save money – but at what cost?
How much is your time worth? Do you have exceptional attention to detail? Can you afford to put your company ambitions on hold in order to complete paperwork or go to additional meetings?
But it doesn’t have to be this way.
Speak with one of our professionals about business creation in Dubai before taking any action. We’ll demonstrate to you how simple the our procedure is and why more business owners who want to launch in Dubai choose to work with us as their partner of choice.
Business setup in Dubai
Our tried-and-true method relieves the stress of starting your adventure while saving you time and money. We are familiar with the game. The networks are here. In this field, we are the leaders.
Over 70,000 business owners and founders have benefited from the assistance of our company formation professionals with business setup in Dubai since 2009. While they concentrate on their exciting new Dubai firm, we’ve done the tough job and assisted them in navigating a plethora of possibilities. Our method relieves the stress of starting your adventure while saving you time and money. Make sure everything is set up correctly!
See why more than 70,000 company owners have trusted us with their enterprise.
What setup option is best for your business?
Business setup in Dubai (or anywhere in the UAE) can be complicated. Decisions need to be made which can affect your journey and shape your success. Jurisdiction? Free zone or mainland?
Free Zones
- Maintain complete ownership of your Dubai business
- There is no income tax or corporation tax.
- No Custom Duties
- Choice to return all of your earnings and capital home
Mainland
- Commercial endeavours are not restricted
- Function both inside and outside the nation.
- No cap on the quantity of visas
How to start up a business in Dubai
The most economical option to register a corporation is in the United Arab Emirates, where it’s also quite simple! It’s possible for the complete procedure to be finished in only one day! Yes, it is correct! You only need to provide the pertinent details about your business, and we’ll take care of the rest. Here is our tried-and-true method:
1. Prepare Documentation
The paperwork procedure can be intimidating for foreign business owners who are setting up shop for the first time in a new nation. We assist you in making the best choices for your Dubai business and take care of all the intricate paperwork.
2. Business Licence
Selecting and obtaining the appropriate licence is crucial to setting up your business properly in Dubai. Avoiding the typical pitfalls that we see individuals get into while setting up their business license can be made easier if you have a thorough awareness of the dos and don'ts. For example, certain company types need permissions in advance from specific authorities. An expert in company creation will walk you through the steps required to launch your venture.
3. Visa Process
When an employee applies for resident visa status within 30 days of entering the UAE, private enterprises can get fresh employment entry permits for their staff members.
4. Bank Account
For foreign business owners, opening a corporate bank account in the UAE might be a bit difficult. Before contacting your preferred bank, you must make sure you have everything in order by carefully considering the situation and checking a number of boxes.
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Was a good experience. The team understood my urgency and pushed everything to speed up the process. Team was professional and polite. Would recommend them
Dana Doe
Ceo Company
I worked with Rawnaqalebdaa.com for a number of years. They have helped our business in Fujairah from the start and have always been quick to notify us of any new procedures or regulations that need to be followed.
John Doe
Ceo Company
From the beginning to the end, working with rawnaqalebdaa to launch my business in the UAE was a really enjoyable experience.
Mary Doe
Ceo Company
FAQ
Thankfully, Dubai's economy has been purposefully designed to foster innovation and local company development. With advantages including cheap corporation taxes and simple firm setups, the UAE government uses the DED to ensure economic insurance operations in addition to promoting entrepreneurship.
The UAE ranks 16th in the world in the Ease of Doing Business Index thanks to this emphasis. Dubai's economy is dynamic, attracting a wide range of sectors and providing access to major East and West markets because of its advantageous position. Opportunities are enhanced by the city's free zones, such as DWTC, JAFZA, and RAKEZ, and finance for scaling ventures is made available by programs like Scale2Dubai.
A mainland business setup in the UAE provides unrestricted access to the UAE market, allowing over 3,000 business activities, unlimited employee visas, and the ability to sponsor family and domestic staff. It’s ideal for businesses targeting the local Dubai mainland market. In contrast, a free zone business setup offers 100% foreign ownership, no personal taxes, unrestricted profit movement, and a simplified setup process. This setup is favored by companies focusing on international markets or seeking specific industry clusters within certain free zones. Deciding between a Dubai mainland and Dubai free zone setup requires careful consideration of your business goals and needs.
- Business Activities: Dubai mainland offers a wider range of business activities, while free zones often cater to specific sectors or industries.
- Trading: If your business involves trading directly with the UAE market, a mainland license could be more beneficial.
- Ownership: If 100% foreign ownership is important to you, then a free zone setup would be ideal.
- Expansion Plans: If you plan to scale up your business within the UAE, a mainland setup might offer more flexibility.
Excellent query! Two essential components of starting a business in the United Arab Emirates are the local sponsor system and the local service agent (LSA) agreement. Certain licensing categories, such as professional licenses and foreign company branches, are covered by the LSA agreement. For serving as a representative in administrative interactions with the government, the LSA—who must be a citizen of the United Arab Emirates—receives a certain fee. They don't get paid a commission or share in the company's earnings. However, LLCs are subject to the local sponsor system. 51% of the business must be owned by a local sponsor.
That is why we’re here.
We make it simpler and easier for you. Before you do anything, talk to one of our Company Formation Specialists.