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Company formation in Dubai: advantages and costs

أنواع الشركات التي يمكن تأسيسها في المنطقة الحرة بمطار دبي

١٣ يناير Company formation in Dubai: advantages and costs

Establishing a company in Dubai requires determining a set of options such as the size of the company, the amount of capital, and the place or region where the company is to be established. All of these factors are a basic condition for establishing a company in Dubai and starting to invest and achieve huge profits. In this article, we discuss the most important features of establishing a company in Dubai and the costs of establishing a company in Dubai.

Advantages of establishing a company in Dubai

Investing in Dubai has become multi-faceted thanks to the continuous development of the country’s services and infrastructure, as well as the government’s support for investors, which has made Dubai an attractive city in the true sense of the word for entrepreneurs and new projects of various nationalities and capitals.

One of the types of investment in Dubai that has become popular in recent years is establishing a company in Dubai, which has many advantages thanks to the availability of all services, including health, education, transportation, etc., and means of security and prosperity in living.

Therefore, establishing a company in Dubai brings many advantages to investors, which are as follows:

  • The perfect market to invest in the last few years.
  • The UAE government supports startups and investors of various nationalities.
  • Flexibility of procedures and provision of facilities in licenses and residence visas.
  • Grants and financial support for projects with clear business plans.
  • The increasing population density in Dubai is an important factor in attracting investors and entrepreneurs.

Costs of setting up a company in Dubai 

Establishing a company in Dubai requires reviewing the costs and fees that the investor will face. The costs are summarized as follows:

  • The cost of a business license (the trade license is an essential document for establishing a company in Dubai).
  • Annual rental costs or costs of purchasing a company’s own business premises.
  • Costs of furnishing the headquarters, including furniture, fixtures, etc.
  • Cost of work permits and visas for employees sponsored under the company name.
  • Open a bank account in the company name and deposit the minimum capital according to the nature of the activity.
  • The legal form of the company also determines the costs and varies from one field to another, with industrial activity being the most expensive, followed by commercial and then professional.

At the end of the article, we would like to have shed light on the most important points in the field of establishing a company in Dubai. If you are an investor or an entrepreneur and want more accuracy on the subject or want help in obtaining a commercial license to establish a business or complete legal procedures in Dubai, do not hesitate to contact us.