How to setup a business in Dubai?
Dubai is one of the popular business hub with ample resources for companies to easily scale up. The strategic location and a large addressable market make it a perfect hub for businesses.Â
Establishing a business in Dubai has many benefits for entrepreneurs. They can own the company completely. There is no personal income tax and the profits earned from the company can be repatriated to the home country.
Additionally, the business infrastructure such as office space, warehouse facilities, and logistics support available in Dubai makes it easy for investors to start their business initiatives in the region soon.
The advantages of establishing a business in Dubai are limitless for investors. The e-governance, government support for business, business-friendly policies, low taxation, etc., make Dubai a favorable choice for establishing a business in Dubai. The mainland of Dubai offers attractive business setup options with low-cost office or warehouse locations.
Companies in the UAE can conduct trade within the Mainland and Internationally. The Company and the owner can obtain a Tax Residence Certificate from the Federal Tax Authority and save significant tax in their home country. Companies with an Industrial License can avail the benefits relating to the procurement of raw materials. They have Zero Customs Duties for the import of raw materials, semi-finished items, packaging items, etc.
There are a variety of office spaces and the Company has the flexibility to take office space based on their specific requirements. They can keep the cost low by renting an office at a cheaper location. Also, for retail investors, establishing a business in Dubai will enable them to easily open branches and more retail outlets for their company.
Business Setup in Dubai Mainland allows businesses to get a trade license in a wide variety of categories ranging from commercial, trading, industrial, and services. The Dubai Mainland offers more than 3000 plus business activities under various trade license categories. Also, Dubai Mainland is one of the best choices for setting up a limited liability company in the UAE.
The 100% foreign ownership in Mainland of Dubai is making it an attractive choice for foreign investors. They can obtain a service license, trading license, etc., as a single owner or with shareholders.
The flexibility of obtaining a virtual license without office space for service companies, low-cost office & retail space availability, no visa quota restrictions, etc., make the Mainland of Dubai a prospective choice for foreign investors.
The Free Zones are the perfect hub for startups, innovators, and freelancers. Free Zones helps in building a community of business owners. The companies operating in a Free Zone contribute to UAE’s economy by bringing in foreign investments.
The ease of setting up a business and obtaining an office facility helps startups to easily scale up in a Free Zone. Additionally, a few Free Zones have an in-house customs checkpoint which will help in smooth clearance of the transfer of goods for trading.
Additionally, the Free Zones that are close to the Dubai International Airport and Port Rashid will make the right fit for starting a trading company. The Free Zones in Dubai are all based in strategic locations such as near the Dubai International Airport, Rashid Sea Port, or business hubs.
Also, starting a company in the Dubai Airport Free Zone makes it convenient to fly in clients and conduct meetings, and also to travel globally. It is a perfect choice for both trading companies and services companies to start their business.
The business setup process in Dubai follows certain steps. For the investor to have a smooth business setup in Dubai, it is advisable to seek the assistance of an experienced team of Business Consultants such as AURION. Though the steps to set up a business in Dubai are self-explanatory, there are a lot of details to focus on when it comes to business setup in Dubai.
Also, there are numerous business setup packages, free Zone offers, and other supporting factors that determine the selection of the right Free zone, business package, office space, etc. The investor often gets confused about the right choice to make. That is when the support of a Business Consultant will be helpful. Hence the Business Consultant will enable the entrepreneurs to set up a business in Dubai by following the below steps.
Though the steps in setting up a business in Dubai look straightforward however in reality there are many hurdles to pass. Many functional teams are supporting the whole process of business setup in Dubai.
There are Free Zones that issue the Trade License, and then the business consultants, legal and document control, accounts, and other Government entities that support services that will help the smooth registration process of the company. The business setup process in Dubai is a well-structured but extensive process that will finally provide the investors with their Trade License and a set of company documents such as the Memorandum of Association, Articles of Association, etc.
 In Dubai, there are two major business jurisdictions – The Mainland and Free Zone. In Mainland, the cost of setting up a business mainly varies depending on the business license type, and office rent. For General Trading License from Dubai Mainland, the cost of a Trade License is AED 41,000 approx.
Furthermore, the cost of setting up a General Trading License mentioned above is without office rent. For General Trading License, taking an office space is a mandatory requirement in the Mainland of Dubai. Similarly, for trading and services license the cost of setting up a business in Dubai ranges from AED 19,000 to AED 25000. Depending on the office space chosen and the location of the office, the rent will add up to the total cost of business setup in Dubai.
There are more than 10 Free Trade Zones that are home to numerous startups and multi-national companies. A few of the most popular Free Zones among investors are the Dubai Airport Free Zone, Dubai Commercity, IFZA, Dubai South and Dubai Multi Commodities Center.
The Cost of setting up a business in Dubai Free Zones varies depending on the choice of Free Zone, Visa Quota requirements, Office type and space, etc. The cheapest business setup package in Dubai is offered by the Dubai Silicon Oasis -IFZA starting at AED 12,900 for a zero visa company.
Additionally, there are premium Free Zones such as the Dubai Airport Free Zone and Dubaicommercity that offer attractive business packages to investors. The cost of setting up a business in Dubai Commercity starts at AED 29,000 for a 7.5 Sq.m Smart Desk office. Hence, the Dubai Mainland and Free Zones offer numerous attractive business packages for investors. Depending on their specific business requirements they can choose the right business package for their company.
Aurion will provide complete guidance in establishing a business in Dubai. The team of expert Business Consultants will assist the investors with the right choice across the Mainland and Free Zones of Dubai.
They will educate the investors about the latest business regulations, changing tax regimes, etc. and also provide the right business package after precisely studying their business requirements. Find out more about establishing a company in Dubai Free Zones by contacting our Business Consultants.
Office # 213 & 214,
6 EA Building, DAFZA
Dubai Airport Free Zone
PO Box: 371473
+971 425 04150
+971 50 482 5561
contact@aurionuae.com
Office # 2 & 3, Z Bldg
Old HSBC Bank, Sharjah
Airport International Freezone
PO Box: 122390
+971 6557 9726
+971 50 482 5561
contact@aurionuae.com
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