Cost Of Starting A Business in Free zone in Dubai

Cost of Starting a Business in Free Zone in Dubai BUILT FOR COMMERCE During the last decade, Dubai has been established as one of the most enterprising global destinations for a wide range of industries. The local government introduced several policies to facilitate commercial growth, stimulate foreign investment, and present entrepreneurs with a business-forward environment. In addition, companies can enjoy low-cost business setup in Dubai while expanding across neighboring markets.

CHOOSE A FREE ZONE FOR BUSINESS The United Arab Emirates is divided into different economic zones that are subject to specific regulations, as set out by the local government. There are three main business jurisdictions from which entrepreneurs can choose for business setup in Dubai, namely, the mainland, freezone, and offshore.

Free zones were created to enhance the business activity of a region through preferential tax rates and a favourable business environment. These designated areas enable complete foreign ownership, full repatriation of earnings, and exemption from income tax. By selecting a free zone, companies can ensure low cost, tax-free business setup in Dubai.

COST OF BUSINESS SETUP IN DUBAI The cost of business setup in Dubai is determined by a variety of factors, including the nature of the business, the required license type, and the selected office space.

Entrepreneurs will need to consider the following costs for business setup in Dubai: • The cost of a business license in Dubai can range from around AED 15,000 to AED 50,000, per year, depending on the specific type of license needed.

• The cost of forming a company in Dubai ranges can range from around AED 8,000 to AED 20,000.

BUSINESS SETUP THROUGH DAFZ The Dubai Airport Freezone functions as a vibrant commercial space, offering the ideal environment for affordable business setup in Dubai. Companies can benefit from expert business setup services and customized packages, which can be tailored according to the unique goals of the business. This is strengthened by its world-class infrastructure, a dedicated logistics centre, and a smart services platform for administration.

AN ONLINE SERVICE PORTAL DAFZ offers a convenient online service portal that facilitates the entire business setup process. It functions as an integrated platform, which can be easily accessed through a smartphone or device. The portal features more than 250 essential business setup services and is continually updated with new applications.