
What is the cost of starting a business in Dubai?
Costs vary based on factors like business activity, location (free zone or mainland). Use our Business Setup Cost Calculator, designed from extensive experience, to find out your specific costs.We have developed the Business Setup Cost Calculator to provide you with a tailored estimate.
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FAQs
FAQs
If you have questions, you’ll find answers here. If not, don’t hesitate to contact us at info@shtyper.com.
Dubai is an attractive destination for starting a business due to its strategic location at the crossroads of Europe, Asia, and Africa, offering access to a vast market. The city boasts a business-friendly environment with streamlined regulations, tax incentives, and various free zones tailored to different industries. Additionally, Dubai’s state-of-the-art infrastructure, including world-class facilities and services, supports business growth and international trade.
Choosing the best location for your business in Dubai involves several key considerations:
1. Business Type: Different free zones cater to specific industries. For instance, technology firms might thrive in Dubai Internet City, while media-related businesses may benefit from Dubai Media City.
2. Customer Access:*Select a location that provides easy access to your target market.
3. Infrastructure: If your business depends on international trade, proximity to logistics hubs like Jebel Ali Port or free zones can be crucial.
4. Cost: Compare rental and operational costs across different areas and zones to stay within your budget.
5. Regulations: Ensure the location aligns with your business's regulatory requirements and industry-specific benefits.
Once your documentation is approved and verified by the relevant authorities, you can expect to receive your mainland license within 2 working days.
Yes, foreigners can have 100% ownership of a business in Dubai in several scenarios. Foreign investors can fully own businesses in various free zones, and recent updates to the UAE’s Commercial Companies Law allow for 100% foreign ownership in many sectors outside free zones as well. However, certain strategic sectors, such as banking and telecommunications, still have ownership restrictions.
Yes, foreigners can have 100% ownership of a business in Dubai in several scenarios. Foreign investors can fully own businesses in various free zones, and recent updates to the UAE’s Commercial Companies Law allow for 100% foreign ownership in many sectors outside free zones as well. However, certain strategic sectors, such as banking and telecommunications, still have ownership restrictions.
Foreign company branches in Dubai can operate and generate profits but remain fully owned by the parent company and are not separate legal entities. Representative offices can only promote and source work for the parent company and cannot make a profit or conduct direct business activities within the UAE. Additionally, branches of free zone companies must appoint a UAE national agent. Certain sectors, such as commercial agencies, banking, telecommunications, and specific professional consultancies, are subject to restrictions on foreign ownership.
While it's hard to predict which industries will thrive, some sectors in Dubai have proven to be particularly promising for business:
- IT-related Services
- E-commerce
- Real Estate
- Travel and Tourism
- Cleaning and Maintenance
- General Trading