U.A.E has been engaged in business for a long time and is still an important option for foreign companies looking for economic opportunities in this region. Dubai is located at the crossroads between Europe and the Far East, and multinational and private companies that seek to access the markets of the Middle East and Africa are attracted here. The fifth rank in the world in terms of the freedom of international trade was achieved for the U.A.E economy because since 2002, the government sectors of the U.A.E have been opened to foreign investors and by creating business parks and providing financial services, a platform for the presence of capital External macro provided.
The biggest problem in Dubai is money. Company setup in the UAE is like starting an IBM, Amazon or a startup. Compare this to the US where you can get a trademark online for $200.
Renting an office space in Dubai is required to obtain a business license. Each free zone in Dubai provides a variety of desk spaces to meet your company’s needs, such as service, innovative, and flexible desks, which typically cost between AED 15,000 and AED 20,000.
Minimum share capital amount varies significantly by free zone and can range from AED 1,000 to AED 1,000,000, depending on the business activities and licenses. In general, the average share capital requirement for Dubai free zones is AED 50,000.
Business registration fee is a one-time payment to the free zone authority during the initial stages of registering your company. The company’s legal structure will determine the exact price. The cost of writing a company in a Dubai-free zone is not incredibly variable; it typically ranges between AED 9,000 and AED 10,000.
Most critical step in operating in one of Dubai’s free zones is selecting a business license. The three most common business licenses available are for trading, services, and manufacturing. Unlike company registration fees, license fees are recurring costs that can range from AED 10,000 to AED 50,000 per year.
