Low Cost Business Setup in Dubai, UAE

• Pro-Business Government Policies: The UAE government actively fosters entrepreneurship as part of its long-term plan for economic growth and stability.

• Tax-Friendly Environment: Dubai offers zero income tax and competitive labour and financing costs, creating a highly favourable business climate.

• No Trade Restrictions: Enjoy freedom in international trade with no foreign exchange controls, trade barriers, or quotas.

• Strategic Location: Dubai’s prime geographic position provides access to a market of 1.5 billion consumers across Africa, West Asia, Eastern Europe, and the Middle East.

• World-Class Transport Links: Its superior infrastructure ensures seamless connectivity, making it an ideal hub for attracting global business opportunities.

• Simple Business Setup Process: Setting up a company in Dubai is straightforward, cost-effective, and designed to accommodate businesses of all sizes.

• Highly Skilled Workforce: Dubai boasts a diverse pool of educated professionals and cutting-edge infrastructure, perfect for startups and established businesses alike.

• Exceptional Quality of Life: A high standard of living combined with unmatched safety measures makes Dubai an attractive destination for global talent.

• Streamlined Market Research: Clear procedures and a robust legal framework simplify conducting market research and business planning in Dubai.

1. Define Your Business Idea and Target Market Clearly outline your business concept and identify your target audience to ensure a focused approach.

2. Develop a Business Plan Create a comprehensive plan detailing your objectives, market analysis, and financial projections to guide your venture.

3. Choose a Legal Structure Decide on the most suitable structure: Free Zone, Mainland, or Offshore, based on your business activities and goals.

4. Select a Trade Name Choose a business name that complies with the Department of Economic Development (DED) regulations.

5. Apply for a Business License Obtain the appropriate license type—commercial, professional, or industrial—based on your planned activities.

6. Submit Required Documentation Provide necessary documents, including your passport, visa, and No Objection Certificate (for expats), to the relevant authorities.

7. Secure Office Space Obtain a physical address, which is mandatory for registration and operational purposes.

8. Open a Corporate Bank Account Once licensed, select a bank that meets your business requirements and set up a corporate account.

9. Process Visas If hiring employees, process their visas. The number of visas you can issue is often linked to your office size and license type.

10. Set Up Operations With the administrative steps complete, establish your operations and launch your business in Dubai.

Start your entrepreneurial journey today in one of the world’s most dynamic business hubs!

1. Commercial License Designed for businesses involved in trading activities, this license covers a wide array of operations, including retail, wholesale, and transportation services.

2. Professional License Ideal for individuals or firms offering specialized services, such as consultancies, accounting firms, and architectural practices, this license emphasizes expertise-driven activities.

3. Industrial License This license caters to businesses engaged in manufacturing or industrial processes, including the transformation of natural resources or raw materials into finished products.

The share capital requirements for establishing a business in Dubai differ based on the business type and the chosen free zone. Some free zones may not require any demonstration of share capital, while others might ask you to declare it on your application without needing to provide proof.

However, these requirements can vary over time. To ensure you have the most accurate and up-to-date information, it’s best to consult directly with Verde FZCO.

Low-cost business setup in Dubai is available through Free Zones and virtual company formations. Some options start from as low as AED 5,750, depending on the license type and business activity.

For mainland companies, a local service agent or UAE national may be required, depending on the business structure. However, Free Zone and offshore businesses allow 100% foreign ownership.

The time frame depends on the business type and jurisdiction. Mainland businesses typically take 3 to 7 days, while Free Zone businesses can be set up within 1 to 5 days, provided all documents are in order.