The cost of registering a company in a Dubai free zone typically ranges from AED 15,000 to 25,000. Establishing a company in mainland China typically costs AED 20,000 or more. The cost of a continental company license in Dubai starts at about AED 10,000 for a limited liability company. In addition, there is no need for a citizen of the United Arab Emirates to sponsor the company.
The expatriate investor obtains 100% ownership of the LLC company. The most important step in operating in one of Dubai's free zones is to select a business license. The three most common commercial licenses available are those for trade, services and manufacturing. Unlike company registration fees, license fees are recurring costs that can range from AED 10,000 to 50,000 per year.
The government of Dubai has made it easier for business owners and has tried to create a simplified business creation process that makes it simpler and faster to start businesses in Dubai. It only takes 2 to 4 weeks for your company to be fully operational, and half of the work is done remotely. A company in the Dubai Free Zone allows foreign investors to own 100% of the company. Foreigners can own up to 49 percent of a Dubai limited liability company (Dubai LLC).
According to experts who spoke to Gulf News, one of the factors that can influence the costs of creation is the type of company you want to create, as well as whether the person or corporation is opening a branch. Dubai's mainland companies also have more business options and fewer nationality restrictions on ownership and visas compared to other jurisdictions. Dubai Mainland and Dubai Freezone have different rules and regulations that affect the cost of setting up a company in Dubai. Danburite Corporate specializes in creating low-cost companies on the mainland and in the free zones of the United Arab Emirates.
The cost of a general trade company may differ from the cost of a manufacturing company or an industrial company. So, if you're interested in relocating an existing business or starting a new company in mainland Dubai, there are several factors that you should consider before making your decision. In general, licenses issued by the Dubai and Abu Dhabi free zones are more expensive than licenses issued by the northern Emirates. Most companies in Dubai require specialized offices to ensure that they are legal, as this allows authorities to carry out inspections, monitor operations and ensure that immigration laws are complied with.
The license fee will be charged to commercial, service and industrial companies that are established in the Free Zone. This option is suitable for those companies that do not plan to use the office in their current activities. Reserving office space in areas with less demand will help keep the company's initial installation costs low. Step 4: Get your residence visa You will also need a United Arab Emirates visa to operate a continental business in Dubai.
The DWTC zone in Dubai charges 4050 USD per year to rent this option, and you can only apply for two visas. So, if you're looking into setting up a business in Dubai Mainland, it's important to understand all the costs associated with it. The cost of registering a continental business depends on several factors such as type of business license required, office space rental fees and residence visa fees. It's also important to note that setting up a business on mainland Dubai is much faster than setting up one on free zone as it only takes 2-4 weeks for your business to be fully operational with half of the work done remotely.
Given Dubai's central location and economic diversity, establishing an international trade business in Dubai can be profitable and rewarding in terms of expansion opportunities. Danburite Corporate specializes in creating low-cost companies on both mainland and free zones of UAE.