Do you intend to launch a company in Dubai? You must choose which free zone you wish to establish your business in before you can start the process of forming your company, which might be difficult considering that Dubai has close to 30 free zones.
The most frequent query we receive at DMCC in light of the abundance of free zones is, “How different are the firm set up fees between the numerous free zones in Dubai?” Of course, this is a major factor in deciding which free zone to establish your business in.
In this blog, we’ll break down the anticipated expenses before or after your company is set up in order to better understand how much it will cost to start up and operate your business in Dubai.
Four Major Charges for Establishing and Running a Business in Dubai
1. Company Registration Fee
When you first register your firm, you must pay a one-time company registration cost to the free zone administration. The precise charge will depend on the legal structure of the business and, of course, the selected free zone. The fees for Freezone company formation are not wildly variable; they typically fall between AED 9,000 and AED 10,000.
2. License Fee
Choosing your company license is an important step when operating in one of Dubai’s free zones. Trading, services, and industrial sectors are the three categories of company licenses that are most widely use. License costs, on the other hand, are an ongoing expense that can range from AED 10,000 to AED 50,000 every year.
3. Office Fee
To obtain your company license in Dubai, you must first rent an office space. Serviced, smart, and flexi-desks, which normally cost between AED 15,000 and AED 20,000, are available in each free zone in Dubai to suit your company needs.
For young companies and start-ups, DMCC offers a broad selection of office solutions. DMCC Biz can provide flexible and serviced workstations, co-working spaces, and business centers with a variety of amenities to support starting and growing your business in Dubai.
4. Share Capital
Depending on the company activities and permits, each free zone has a different minimum share capital requirement that can range from AED 1,000 to AED 1,000,000. Typically, AED 50,000 is the minimum share capital require for free zones in Dubai.
Comparing the costs of starting a business in DMCC and other Dubai Free Zones
However, the value-added services and business assistance offered to member companies have established DMCC as the leading free zone in the world for 6 years in a row. The cost to establish your business in DMCC Dubai is rather high compare to other free zones in Dubai.
In order to make it simple and quick for companies to establish their presence in Dubai, DMCC has worked diligently over the years to develop a smooth company setup process. Your business can be completely operational in about two to four weeks, and half of that time can be spent working remotely.
With over 900 unique business operations from a variety of 20 areas, DMCC offers an unlimited array of business options. The DMCC has establish itself as one of the most link business districts in the world and is poise to influence trade in 2021 after registering a record-breaking 2025 new enterprises in 2020. You can visit Business Set up UAE for more information.