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Cost of setting up a company in Dubai

Cost of setting up a company in Dubai

١٢ فبراير Cost of setting up a company in Dubai

The costs of establishing a company in Dubai are the most asked questions by business owners wishing to invest in Dubai, as Dubai is an attractive city for investors from all over the world. In the following lines, you will learn about the costs of establishing a company in Dubai, the types of licenses, and the difference between the costs of establishing a company in Dubai and in the free zones.

Cost of setting up a company in Dubai
Cost of setting up a company in Dubai

Costs of establishing a company in Dubai

The costs of establishing a company in Dubai are not the same and vary according to several factors, including the selected areas and the location where the company will be established, and the location is also chosen according to the nature of the activity.

The costs are also calculated after conducting a feasibility study for the project to be practiced, and according to the activity, the costs of establishing a company in Dubai are determined, as the costs differ if the activity is a shop, company, institution or factory, and some areas have lower costs such as free zones and are fully tax exempt.

Here are those points to determine the costs of establishing a company in Dubai:

– Trade name fees and commercial registration fees.
– Costs of purchasing or renting the company’s location.
– Commercial activity fees for the relevant authorities.
– Opening a bank account and setting the minimum capital in it.
– Fees imposed by the UAE authorities.
– Commercial license.

Types of Licenses in Dubai

Commercial License
It is a license for companies that deal in general trade or commercial activity.

Industrial License
It is for establishing an industrial activity and companies working in production and manufacturing.

Professional License
It is a license for professions, services and craftsmen.

Tourism License
A license for companies that work in tourism and hospitality services.

Costs of establishing a company in the free zone

Each free zone has different costs than the other zone, and different fees. The costs of establishing a company in Dubai also differ from the costs of establishing in the free zones. This is because the free zones do not impose taxes on investors and are completely exempt from corporate and personal income taxes. The investor also has complete freedom to dispose of profits and capital.

If you need to know more about the costs of establishing a company in Dubai, you can contact us and one of our experts will help you with all the procedures without you having to make an effort or waste time.