Cost of Business Setup in Dubai
Cost of Business Setup in Dubai is determined by the type of company and its associated activities, and the cost varies according to the purpose and scope of work In general, businesses will need to pay registration fees, licensing fees, and other costs associated with setting up their business. Registration fees depend on the type of company being set up.
In addition to registration fees, other costs associated with setting up a business in Dubai include renting office space, hiring staff, and sourcing materials and services.
Cost of establishing a company in Dubai
The cost of establishing a company in Dubai is mainly:
1. The cost of the business license in the Dubai Free Zone.
2. The cost of the location of the company or the office through which you wish to conduct your business (the annual rent of the office or the cost of purchasing a new office).
3. The costs related to office furniture and decoration.
4. The cost of work permits and visas required for sponsored employees under your company name.
5. Opening a bank account for the company and depositing the minimum required capital according to your business type.
The legal form of the company also plays a major role in increasing or decreasing the cost of incorporation. For example, the costs of establishing industrial companies are higher than in commercial and professional companies.
Trade license in Dubai is the most important document you need, and we at Tdabeer help you get the trade license in the easiest way possible.
The importance of investing in Dubai
Investment in Dubai is a straightforward process that can be done with relative ease. The cost of establishing a company in Dubai depends on the type of business and legal structure chosen.
All in all, establishing a company in Dubai can be an exciting and rewarding experience. With proper planning and budget, a company can be set up quickly and smoothly in this vibrant city.
Types of licenses to establish a company in Dubai
1. Commercial Licenses: A commercial license for companies engaged in general trade or specialized commercial activity.
2. Industrial Licenses: An industrial license to practice industrial activity and companies operating in production and manufacturing.
3. Professional licenses: A professional license includes professions, services, craftsmen, and specialists.
4. Tourism Licenses: These are for companies operating in the field of services related to tourism and hospitality within the United Arab Emirates
The cost of residence investors
In 2019, the UAE implemented a long-term residence visa system, for a period of five or ten years, that is automatically renewed, when the same conditions are met, for certain groups that include investors, businessmen, and owners of specialized talent.
This new system allows UAE residents, foreign expatriates and their families who wish to come to work, live and study in the country.
The possibility of enjoying a long-term residency without the need for an Emirati sponsor, with 100% ownership in all emirates of the country
How Tdabeer contribute to your success
Tdabeer contribute to helping you to conduct all commercial and investment transactions, clear all required papers, obtain permits and approvals from all government departments and concerned authorities as quickly as possible, and provide innovative solutions and full support to all investors and businessmen of different nationalities and categories