Dubai is a lucrative location for entrepreneurs, but knowing the financial requirements upfront is crucial. Here's a breakdown of the main costs you’ll encounter during setup.
Trade License Fees: Depending on your activity and jurisdiction, expect to pay between AED 10,000 and AED 25,000 annually.
Office Space Rental: Mainland businesses must rent a physical office. Free zones offer flexible options like flexi-desks or shared spaces.
Visa Costs: Each visa can cost between AED 3,000 and AED 7,000, including medical tests and Emirates ID fees.
Sponsorship Fees: For mainland companies requiring local sponsorship, an annual fee may apply unless you’re in an allowed sector for 100% ownership.
Government and Administrative Charges: These include registration, name approval, notary fees, and document translation, which can add up.
While free zones may offer bundled packages, it's important to read the fine print and understand what's included.
To avoid financial surprises, prepare a detailed budget with the help of a business consultant.
Understanding the costs involved in company setup in Dubai allows you to plan effectively and avoid unexpected expenses.