The cost of establishing a company in Dubai. Companies wishing to establish activities in Dubai enjoy flexibility in commercial or service activities. To invest in Dubai, a business visa must be obtained and a commercial license specific to the activity must be obtained. In this article, we will learn about the cost of establishing a company in Dubai.
Cost of setting up a company in Dubai
The cost of establishing a company in Dubai includes several costs and fees that vary according to the nature of the activity and the region, as follows:
- Costs of obtaining a commercial license (license to practice business).
- Costs of renting or purchasing the location where the business will be conducted.
- All costs related to furnishing the workplace.
- Fees for clearing work permits and sponsorship related to expatriate employees and the visas required for them in the name of the company.
- Open a bank account and deposit the minimum capital into it.
- The legal form of the company requires costs and varies according to the nature of the activity, whether industrial, commercial or professional, and industrial activity is the most expensive.
- Business license fees to determine the cost of establishing a company in Dubai.
The cost of establishing a company in Dubai is divided into two parts of costs
First: Obtaining the necessary licenses to practice the company’s activity
Second: Entry fees to the markets
The second fee regarding the cost of setting up a company in Dubai is the market entry fee:
- The cost of entering markets subject to the local law system is approximately 5% of the value of the company’s lease contract.
- There are fees estimated by a committee affiliated with the competent authorities in Dubai, and they are regarding whether the company’s headquarters is owned by the foreign investor.
- The foreign investor residence fees in Dubai are estimated at about 5% of the value of the housing contract.
- Waste fees are estimated by the Emirates Waste Committee.
Need more information and accurate figures about the cost of setting up a company in Dubai?
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