So, here’s everything you need to get started with a Free zone Business Setup In Dubai. A wealth of industry knowledge and turnkey business solutions await you. We help your business flourish in the first e-commerce enabled ecosystem in the MEASA region – Dubai CommerCity. I have over 13 years of Marketing experience working across different startups including BigBasket, FreshMenu, SimplyHired, GupShup etc.
Company formation in Dubai costs vary depending on where you choose to set up, whether you take on premises, how many employees you have – and much more. Another reason behind Dubai’s popularity with entrepreneurs the world over is the relatively low cost of doing business. This, along with the introduction of long-term visas, has further cemented Dubai’s reputation as the perfect location for overseas entrepreneurs. As veteran consultants, we assist with planning, itemising and budgeting the total cost of your business set up in Dubai.
This is currently one of the most cost-effective options for a Dubai free zone license in 2023. Dubai’s free zone structures are among the world’s most advanced, offering diverse options to investors. Popular choices include the International Free Zone Authority for Small & Medium Enterprises and Jebel Ali Free Zone Authority , known for its strategic location near a major port, ideal for international trade. A free zone license is like your permission slip for doing business in a specific area in Dubai. It’s a crucial document that allows all kinds of companies, whether they’re small startups or big multinational corporations, to take advantage of various benefits when they operate within that free zone. It also gives companies the option to open a new branch or relocate their operations to that area, whether they’re already doing business within the country or internationally. A company setup specialist can easily check this for you and even help choose a UAE company name.
Company formation in Dubai free zone costs, for example, are often much lower than when setting up in the mainland. Equally, if you opt to use a co-working space rather than a permanent office, your setup costs will likely be lower. There are several trade license types in Dubai, with the most common being commercial, industrial, and professional. Read more about visa services here. The local population is over 80% expatriate, with many of those owning their own businesses. While it does not have to be complicated, starting a business out here does require some local, expert knowledge, so read on to find out how to start a business in Dubai as a foreigner.
Step 1: Determine business activities:
Gulf News spoke with company formation specialists in the UAE to find out exactly how much setting up an LLC on the mainland can cost. While there are some mandatory costs that you need to budget for, there are also some factors that can increase your total expense. FZCO registration allows for multiple shareholders, who can be an individual , a non-individual or a combination of both to be part of the company. An FZCO has a legal personality distinct from that of its shareholders and has the capacity, rights and privileges of a person. Over the years, DMCC has worked hard to create a seamless company set up process, making it easy and fast for businesses to set up their presence in Dubai. It only takes a matter of 2-4 weeks for your company to be fully up and running, of which, half the process can be done remotely.
Cost of setting up a mainland LLC
To ensure clarity and avoid any delays, translate all documents into Arabic, even if originally in English. If you plan to operate in Dubai’s mainland, you must appoint an NSA, either a UAE national or a UAE-owned company. Dubai company set up cost is very meager as compared to other regions in the Middle East.
Of course, just like any business decision, there are potential pitfalls along the way. Sharjah Media City Free Zone, widely known as Shams is famous for being a cutting-edge destination for media companies. This free zone’s office spaces are designed to support entrepreneurs, especially in IT and media among other business undertakings. With support at every step, we are committed to guide, nurture and grow your business, using Dubai CommerCity’s already established channels rooted deep within the e-commerce and logistics market.
Dubai is a city with great tech-penetration and you should be able to launch your business in a matter of 7-10 days if you have all the paperwork in place. A lot of my friends have been asking me how to start a business in Dubai. With the introduction of VAT in the UAE, complying with tax regulations is imperative. Adam Global’s VAT advisors assist you in understanding and implementing VAT requirements effectively. Hiring employees in Dubai necessitates familiarity with labor laws and visa processes. Ensuring compliance with these laws is vital to maintain harmonious employer-employee relationships.
You can provide different payment gateways, for the users to choose the frequently used one by them. The transaction line must be secure and encrypted to prevent phishing and other online frauds. Design and develop a perfect website that is free of technical glitches. The e-commerce platform must be interactive, easy to browse, quick to respond, must be able to handle several customers simultaneously without crashing, and perfectly organized.
Their dedication to delivering exceptional services, coupled with a deep understanding of local business dynamics, makes them an invaluable asset in unlocking the golden opportunities Dubai has to offer. Stay informed, stay compliant, and let the spirit of Dubai propel your business to new heights of success.