How Much Does It Cost To Set Up a Company In Dubai?
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Thinking of starting a business in Dubai? Before starting the process of starting your business, you need to decide which free zone you want to do the business set up company in Dubai, which can be a challenge because there are almost 30 free zones in Dubai.
What Is The Cost Of Setting Up a Company In Dubai or Cost of Business Setup in Dubai?
The company registration in Dubai cost or business setup cost in dubai varies depending on the size, type, and location of the business, among other factors. Required regulatory approvals apply to projected costs.
ReCorporate’s Business Advisors provide your business with the most cost-effective business planning options. We also serve as a reliable community supporter by sharing a bed with your business. The cost of registering set up business in Dubai free zone is usually between AED 15,000-25,000. Land companies usually cost AED 20,000 or more to set up. Get our services at very low cost business setup in dubai.
Various Cost Setting Up a Company In The Dubai or Company Formation in Dubai Cost
1. Registration Fees
The final price of the business depends on the visa application, business activities and shareholders. So there is a registration fee that allows the business to operate in the state. But every other promotion will bring more money. The exact amount will be determined based on the rules of the company and, of course, the chosen free zone.
Also read More Sole Proprietorship vs LLC: All You Need To Know
2. Business License Payment
A license is an important requirement to do business. Any license is approved when the company meets all the company’s rules and regulations. These licenses must be renewed annually.
The Dubai government issues different types of licenses for different types of businesses.
• Company license
• Business license
• Professional license
The cost of setting up a company in Dubai or cost of opening company in Dubai and a business license in Dubai depends on your business activity and the chosen license.
3. Visa Payments
Dubai offers clients from all over the world to set up their business. These customers need a residence visa to live and do business. Business owners can hire people from different countries to pay for the work; to work, they also need a visa.
4. Cost Of Office Space
To program, you must have a specific area and address. Choosing the right location for business is also an important factor for business growth. All papers and grades will be delivered to the indicated location. The price varies from 15,000 AED to 20,000 AED. We can help you find the right workplace for your business, whether it’s a fully digitized office or a virtual space to set up your business remotely.
5. Share Capital
The minimum registered capital is different for each free zone and can range from AED 1,000 to AED 1,000,000 depending on the business activity and the license. Generally speaking, the average registered capital for a free zone in Dubai is set at AED 50,000.
If you think that you need to hire a consultant to a business startup Dubai because of the long process of setting up a business in Dubai, then at ReCorporate we can help you. You are in control of your business process while we handle all the processes for you. Contact us at 971- 58-586-5477 to discuss with our experts at info@recorporate.net for the best cost of opening a company in Dubai.
