Leading Business Setup Consultants in Dubai, UAE
How Much Does It Cost to Setup a Business in Dubai, UAE?
The cost of setting up your business in Dubai, UAE depends on several factors, such as your chosen business activity, whether it will be incorporated in a free zone or Mainland, visa requirements, and the number of shareholders involved. But that’s okay because we have years of experience handling business set up in Dubai and have developed a handy cost calculator to help estimate your business costs.
Calculate Your Business Set Up Cost in Dubai, UAE
Find out how much you'll need to get your business up and running in Dubai, UAE
Company Formation in Dubai, UAE: Should You Do It Alone?
Yes, you can start your business in Dubai on your own. However, there are some challenges of which you will need to be aware!
The UAE has more than 50 legal jurisdictions, making it challenging to identify one that best suits your business needs. It's important to choose the right business activity, secure the necessary licenses, and obtain full approvals to run your business legally and smoothly. DO NOT experiment with your business; take professional help to make an informed decision.
It's not just about the approvals when starting a business; there are many paperwork requirements, including banking, legal requirements, and more. Completing this paperwork is not always a simple process.
Can you afford that time? Coordinating with government authorities and departments can be a time-consuming task that requires a lot of patience and travel. This is time better spent on your business plans and strategies.
When it comes to filling out approval forms and completing documentation, the struggle can be real, and the process can be daunting. Are you sure you want to spin circles waiting for approval and lose time caught up in red tape?
With MSZ Consultancy, You Don't Have to Go Through All That Hassle!
It's important to avoid making rash decisions when it comes to your business. Take guidance from the experts at MSZ Consultancy for all your business needs. We’ll assist you at every stage of the business set up process, making it easy and simple for you and your employees. Our company formation process is simple and hassle-free.
Call now to discuss your business today!
+971 52 544 1248Steps for Business Set Up in Dubai, UAE
- Choose a Trade or Business Name
Every business needs a name. You need to submit a request to the Department of Economic Development (DED), ensuring you do not pick a name that has already been chosen by another company and one that does not violate any restrictions for profanity. Business names that infringe on these regulations will be denied.
- Choose a Legal Structure
The legal structure your business incorporates will play a significant role in how your company operates on a day-to-day basis, including how to handle assets, profits, and losses. Some legal structures are Limited Liability Companies (LLC), Sole Establishments, local branches for larger corporations, civil companies, foreign company branches, holding companies, and free zone companies.
- Determine Your Business Activity
Your business activity will be greatly impacted by the sector in which you will operate. There are many different business activities to choose from, ranging from service-based industries to trading and manufacturing.
- Select the Location
When starting a business in the UAE, you have several location options to choose from, including Mainland UAE, Free Zones, and UAE Offshore. If you are a foreign entrepreneur, UAE Offshore is an excellent place to begin your venture. However, each location has unique advantages and opportunities to benefit your business.
- Apply for a Business License and Visa
When applying for a business license, you'll need important documents like passport copies for partners, shareholders, and board members. Depending on the sector and your chosen business activity, the processing time for this can take a few days to several weeks.
- Open a Corporate Bank Account
To properly conduct business, you’ll need to open a bank account. Dubai has a number of globally respected banking institutions to choose from, including HSBC, Citibank, and Barclays, to name a few.
- Get Approvals
For some companies, the DED will require additional documentation and approvals,including reference letters from embassies, banks, and regional government authorities,to prove that you and your shareholders are in good professional standing.
MSZ Consultancy will take care of everything, from choosing a business activity to opening your bank account, and from documentation to get ting approvals to setting up your business—we will do it all!
Documents Required
Business Set Up Across UAE
The UAE is a booming business hub because of its strategic location, business-friendly government, and tax-friendly incentives. At MSZ Consultancy, we specialize in helping you successfully start and run your business anywhere in the UAE.
Company formation in UAE Offshore provides entrepreneurs with another secure and safe business option. Offshore businesses get tax-free international trade and 100% repatriation of capital and profits. You won’t be able to have an office space with this company type, but you'll still enjoy all the benefits of business in the UAE, like opening an international bank account, international exposure, and more.
The Mainland is one of the most sought-after areas for company formation in the UAE. With a Mainland company, you can do business from anywhere in the UAE and worldwide. Commercial, industrial, professional, and tourism licenses are the three business licenses available for business in the UAE Mainland.
UAE Free Zones are a popular choice for entrepreneurs who want 100% ownership in their business with tax and duty exemptions. There are more than 40 Free Zones in the UAE that are spread across all seven emirates, each with its own independent governing authority and rules.
Our Pricing is Simple with No Hidden Fees
- 100% Business Ownership
- Professional trade license
- Lifetime Investor Visa
- Corporate Bank Account Setup
- Office Space Solutions
- VAT Consultation
- IFZA registration
- 1 Visa Quota
- Free VAT Consultation
- Physical presence not required
- Bank Account Assistance
- Dedicated Account Manager
- 100% waiver off General Trading Fees
- Remote Registration Available
- 100% Business Ownership
- LLC Trade License
- Single/Multiple Shareholders
- No Office Required
Real Stories, Real Success
Experience
How MSZ Consultancy Can Help?
MSZ Consultancy is one of the best company formation consultants in Dubai, having 15+ years of experience in business formation across the UAE. Our strong relationship with the government officials, necessary authorities, and expertise in the consultancy field make it easier for us to set up a business in Dubai. We also provide financial, legal, and corporate services for our clients to take along with them on their business journey.
If you’re planning to start a company in Dubai, don’t wait! Contact MSZ Consultancy today at +971 52 544 1248! Our business consultants in Dubai will build your dream business and provide you with the perfect business solutions. We are one of the most known business setup consultants in UAE, and we are ready to hear from you! Get in touch today and start on your business journey with a FREE consultation!
Frequently Asked Questions (FAQs)
You can start a Retail Business in Dubai. However, it will depend on the type of products you are planning to sell. With an investment of 50,000 AED, you can open a brick-and-mortar retail business or online retail store. You could also use this startup money to start a small service provider business, as there are many different types of services that other businesses require.
Here are the most profitable business ideas in Dubai, UAE:
- E-commerce and Online Business
- Tourism and Hospitality
- Fintech and Digital Payments
- Real Estate Development
- Health and Wellness
- Education
- Event Management
If you are planning to setup a business in Dubai, here are some of the business ideas for your consideration:
- Real Estate Agency
- Consultancy Service
- Beauty Salon
- Construction Sector
- E-Commerce Solutions
- Travel and Tourism
- Health Sector
Here are the key steps to set up a business in Dubai:
- Choose a business name or trade name
- Choose a legal structure
- Apply for a business license
- Choose an office space
- Get pre-approvals, register your business, and get your license
Key steps to start a business are as follows:
- Select a business activity and jurisdiction
- Decide the company structure
- Choose a company name
- Apply for a trade license
- Get external approval and register your company
- Rent an office and start your business
