Starting a business in Dubai is an attractive prospect for entrepreneurs around the world. Dubai’s strategic location, stable economy, and favorable business environment make it a hub for global commerce.
However, before you can start operating your business in Dubai, you need to register it with the relevant authorities. In this article, we will explore how much it costs to register a company in Dubai.
Types of Companies
There are several types of companies that you can register in Dubai. The most common types of companies are:
- Free Zone Company: A company that is registered in one of the many free zones in Dubai.
- Limited Liability Company (LLC): A company that is owned by two or more shareholders.
- Branch Office: A branch of a foreign company that operates in Dubai.
- Sole Establishment: A company that is owned by a single individual.
Costs Involved
The cost of registering a company in Dubai varies depending on the type of company and the location where it is registered. Here are some costs to consider:
Free Zone Company
Registering a free zone company involves several costs, including:
- Licensing fees: These vary depending on the free zone chosen and the type of activity conducted by the business.
- Incorporation fees: These are one-time fees paid to incorporate the business and typically range from AED 10,000 to AED 15,000 ($2,722 to $4,083).
- Rental fees: These vary based on the size and location of the office space and could range from AED 20,000 to AED 100,000 ($5,444 to $27,220) per year.
Limited Liability Company (LLC)
The cost of setting up an LLC includes:
- Trade name reservation fees: This costs AED 660 ($180) and is done through the Department of Economic Development (DED).
- Initial approval fees: This costs AED 310 ($84) and is also done through the DED.
- Notarization fees: These are payable to a notary public and can range from AED 2,000 to AED 4,000 ($544 to $1,088).
- LLC registration fees: These are paid to the DED and cost around AED 10,000 ($2,722).
Branch Office
To register a branch office in Dubai, you will need to pay:
- Name reservation fees: This costs AED 660 ($180) and is done through the DED.
- Licensing fees: These vary depending on the type of activity conducted by the business.
Sole Establishment
The cost of setting up a sole establishment includes:
In Conclusion
The cost of registering a company in Dubai depends on several factors, including the type of company and the location where it is registered. It is important to do your research and seek professional advice to ensure that you have a clear understanding of all the costs involved before starting your business in Dubai. With the right guidance, you can start your business in Dubai with confidence and take advantage of the many opportunities available in this dynamic city.
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