How much does it cost to start a company in Dubai ? Establishing a company in Dubai is considered an important investment step that requires good planning and a careful understanding of the costs associated with this process. The cost of setting up a company in Dubai is affected by several factors, including the type of company, the business activities you intend to undertake and the services you need from the local consulting firm.

Itqan is a trusted local consultancy firm that provides comprehensive services for setting up businesses in Dubai, ensuring compliance with all local regulations and laws. The services provided by Itqan include advising on the best company structure, preparing all necessary documents, and providing support during the registration process.

The cost of setting up a company in Dubai includes registration fees, licenses, legal and administrative consultations. These costs vary based on the type of company and business activities, and may range from several thousand to several tens of thousands of UAE dirhams. It is important that you cooperate with a reliable consulting company like Itqan to ensure that you pay the correct cost and enjoy the necessary support during the process of setting up a company in Dubai.

Cost of setting up a company in Dubai

Establishing a company in Dubai is the dream of many entrepreneurs and investors from around the world. Dubai enjoys a vibrant and growing investment climate, and provides company founders with a favorable business environment and tremendous business opportunities. However, the cost of setting up a company in Dubai is worth considering very carefully.

First, there are a number of fees and expenses that you must pay attention to when establishing a company. These include registration and licensing fees, the costs of renting the necessary office or facilities, as well as the costs of insurance and required guarantees. There are also requirements related to the company’s paid-up capital, which varies depending on the type of business activity.

The cost is not limited only to construction, but also extends to the daily operation of the company. There are costs associated with hiring qualified employees, as well as management, marketing and promotional expenses. In addition, other costs may arise related to future expansion and growth.

Despite these costs, setting up a company in Dubai can be a very rewarding investment. Dubai offers advanced infrastructure, supportive government policies, and tremendous growth potential. Therefore, good planning and wise management of expenses are the keys to the success of any project in this brilliant city.

Cost of setting up a sole proprietorship in Dubai

The cost of setting up a sole proprietorship in Dubai varies based on several factors, including legal procedures, required licenses, and associated services. There are some basic points to consider when calculating the cost, which are as follows:

• Cost of a business license: The cost of a business license varies depending on the type of activity you wish to engage in in your individual company. You can obtain a list of types of activities and the cost of their licenses from the Department of Economic Development in Dubai.
• Registration and establishment costs: These costs include registration fees, establishing the company, and notarizing the required legal documents. You can obtain details about these costs from relevant authorities such as the Department of Economic Development in Dubai.
• Legal and administrative consulting costs: If you require the assistance of an attorney or consultant to prepare legal documents and provide legal and administrative advice, you may need to allocate a budget for these services.
• Employment office and visa costs: You may need to obtain a work permit and visa to work in Dubai, and this may involve additional costs.
• Business address and office costs: You may need to rent a business office or use a business address for your sole proprietorship, and this involves variable costs depending on the location and size of the space.

 Expected fees for registering the company in the Dubai Commercial Register

The expected fees for registering a company in a commercial registry in Dubai vary depending on the type of company, commercial activity, legal requirements and current legislation. However, I can provide general information about some of the fees to be expected in the process of registering a company with a commercial registry in Dubai:

• Business license fees: These fees depend on the type of business you wish to practice. You can obtain a list of types of activities and their license fees from the competent authorities such as the Department of Economic Development in Dubai.
• Company registration fees: These fees include the costs of registering the company with the Dubai Trade Registry. These fees can vary depending on the type of company, the size of its capital, and its legal structure.
• Labor Office and Visa Fees: If you require a work permit and visa to work in Dubai, there may be fees applicable for these services.
• Legal and Administrative Advisors’ Fees: If you engage legal advisors or consultants to assist you with the process of registering the company and preparing the necessary documents, there will be fees associated with these services.

 Legal and administrative consulting costs for establishing a company in Dubai

Legal and administrative consulting costs for setting up a company in Dubai can vary based on many factors, such as the type of company, its size, and the services required. The cost of consulting is usually determined based on the time spent and skills required of legal experts and consultants. Legal and management consulting costs usually include:

• Providing legal advice: Establishing a company requires compliance with local laws and regulations in Dubai. You may need to consult an attorney or law firm to obtain legal advice about the appropriate legal structure of the company, incorporation procedures, contracts, shareholder rights, etc.
• Management Consulting: You may need to consult business and management experts to advise on company strategy, organizational planning, financial management, human resources, and other administrative aspects associated with setting up a company.
• Preparing legal documents: You may need help preparing legal documents such as articles of incorporation, agreements, and other business contracts. These documents can include terms of contribution, shareholder rights, licenses, permits, etc.
• Licenses and Permits: You may need to obtain specific licenses and permits to conduct your business in Dubai. You may need to consult experts to assist in the procedures for obtaining these licenses and permits and to understand the legal requirements required.

Cost of setting up a Limited Liability Company (LLC) in Dubai

The cost of setting up a Limited Liability Company (LLC) in Dubai varies based on several factors, including the type of business activity, size of capital, legal requirements and current legislation in Dubai. However, I can provide general information about some of the expected fees and costs for setting up a Limited Liability Company (LLC) in Dubai:

• Required Capital: In Dubai, setting up a Limited Liability Company (LLC) requires a certain capital. These requirements are determined by the type of business activity and existing laws in Dubai. You must inquire with the relevant authorities to find out the required amount.
• Company registration fees: These fees include the costs of registering the company with the Dubai Trade Registry. These fees can vary depending on the capital and type of company.
• Legal and administrative consultation costs: You may need legal and administrative consultation to prepare the necessary documents and assist you in the process of establishing the company. The costs of this consultation can vary depending on the attorney or consultant you choose.
• Labor Office and Visa Fees: If you require a work permit and visa to work in Dubai, you may have to pay fees associated with these services.
• Business address and office costs: You may need to rent a business office or use a business address for your company. Costs for this service vary based on location and size of space required.

How our company can provide you with guidance and support in setting up a company in Dubai

In conclusion, setting up a company in Dubai involves various costs that require careful planning and consideration. However, there are great investment opportunities awaiting entrepreneurs and investors in this thriving city.

Itqan Company is one of the leading companies in the field of assistance in establishing companies in Dubai. It provides integrated consulting services, starting with company registration and issuing commercial licenses, through establishing offices and facilities, and ending with hiring qualified employees. Thanks to its extensive experience in the local market, Itqan helps entrepreneurs understand the requirements for establishing a company and plan it accurately.

Considering how much it costs to start a company in Dubai, it requires a comprehensive assessment of all potential costs, including registration and licensing fees, office and human resource costs, and day-to-day operational expenses. In cooperation with Itqan, investors and entrepreneurs can obtain an accurate estimate of these costs and manage them effectively, ensuring a strong and successful start for their projects in Dubai.

Frequently asked questions about the cost of setting up a company in Dubai: