Costs to Consider When Planning a Company Set-Up in Dubai

Costs to Consider When Planning a Company Set-Up in Dubai

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Setting up a company in Dubai can be highly rewarding, but it’s important to have a clear picture of the costs involved. While the city offers plenty of incentives, understanding your financial requirements upfront can help you plan smarter and avoid unexpected expenses.

The first cost to consider is the trade license fee. The type of business activity, legal structure, and jurisdiction (mainland, free zone, or offshore) all affect the licensing cost. Mainland licenses typically range from AED 10,000 to AED 20,000, while free zone packages may include office space, visas, and other services bundled into one price.

Office space is another significant cost factor. Some free zones offer cost-effective options like flexi-desks, but if your business requires a physical presence, renting commercial space in Dubai can be pricey. In addition, you’ll need to budget for tenancy contract registration and utility deposits.

Visa costs also add up. Entrepreneurs often apply for investor visas, and if you plan to hire staff, each employee visa includes application fees, medical tests, and Emirates ID charges. Health insurance is also mandatory for all visa holders in Dubai.

There are also expenses for document attestation, translation, and legal drafting, especially if you're setting up a company with multiple shareholders or in a regulated industry. Bank account opening, while relatively straightforward, may also require a minimum deposit depending on the institution.

If you're new to the region, hiring a business consultant can be helpful. Many firms offer packages for Company Set-up in Dubai, covering all steps from licensing to visa processing. While this is an added cost, it often saves time and ensures accuracy.

By understanding the full scope of potential costs, you can budget realistically and make informed decisions as you build your business in Dubai.

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