There are 4 main categories when it comes to the cost of setting up a company in Dubai. According to the procedure of business setup as well as its operations in Dubai, the cost of setting up a company in Dubai is as follows;
1. Company registration in Dubai:
The first expense when analyzing the cost of setting up a company in Dubai is the registration fee. When you first undergo company registration in Dubai, you must deposit a just-once company registration cost to the free zone administration. The precise charge will depend on the legal framework of the business as well as the selected free zone. The fees for establishing a business in a Dubai-free zone are not wildly variable; they typically fall between amounts of about AED 9,000 to AED 10,000.
2. License expenses:
The next point when analyzing the cost of setting up a company in Dubai is the license fee. Choosing your company license is a crucial step when undergoing company registration in Dubai, a free zone. Trades, services, and industries are the three categories of company licenses that are most widely used. License costs, on the other hand, are ongoing expenses that can range from AED 10,000 to AED 50,000 annually.
3. Office expenses:
Office fee is another type of expense in the cost of setting up a company in Dubai that needs to be managed. To obtain your company permit in Dubai, you must first acquire office space. For your company’s requirements, each free zone in Dubai provides a selection of desk options, comprising managed, smart, and adjustable desks, which normally range in price from AED 15,000 to AED 20,000.
4. Share capital:
The last but very significant step in the cost of setting up a company in Dubai is the share capital. Based on the company’s operations and permits, each free zone has a different minimum share capital requirement that can vary from an amount of about AED 1,000 to AED 1,000,000. Typically, AED fifty thousand is the minimum share capital required for free trade zones in Dubai.
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