September 19, 2024

What does a company in Dubai cost?

SetupCO Consultancy L.L.C
Reading time 13 minutes

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How much does it cost to set up a company in Dubai - A comprehensive guide

If you are thinking about buying a Company in Dubai is certainly one of the first questions that comes to mind: "What does it cost to set up a company in Dubai?" The answer to this depends on various factors, including the type of company, the location (Freezone or Mainland), the services chosen and the individual requirements of the company. In this detailed guide, we look at the different cost points and give you an overview of how much it costs to set up and run a company in Dubai.

1. Types of companies in Dubai - Freezone vs Mainland

One of the most important decisions you will have to make when you buy a Company in Dubai want to found a company, the choice between a Freezone company or one Mainland company. Both have their own advantages and disadvantages, and the costs differ accordingly.

Freezone companies:

One Freezone company offers many advantages, including 100 % foreign ownership, no income or corporate tax and simplified corporate guidelines. The Costs of a free zone company in Dubai can vary greatly depending on the specific free trade zone and the services offered.

  • Formation costsDepending on the free zone, the set-up costs for a free zone company are between 4,000 € and 15,000 €.
  • License feesThe annual license fees are around 3,000 € to 7,000 €depending on the type of license you require (commercial license, service license, industrial license, etc.).
  • Office costs: Some freezones offer the option of using a Virtual Office which reduces costs. These start at 1,000 € per yearwhile physical offices can be more expensive depending on location and equipment.

Mainland companies:

With a Mainland company you have more flexibility as you can operate directly in the local market. However, you will need a local sponsor to hold 51 % of the shares (this can be bypassed for some types of companies). The Costs of a mainland company in Dubai are generally higher than those of a free zone company.

  • Formation costsThese are normally between 8,000 € and 20,000 €depending on the type of company and the requirements.
  • License feesAnnual license fees for Mainland companies start at around 7.000 € and may increase depending on the business area and location.
  • Office rentIn Dubai, it is mandatory to have a physical office, the rental costs of which vary depending on the location. These start at around 5,000 € per year for small offices and can be significantly more expensive in prime locations such as Downtown Dubai or Dubai Marina.

2. Additional costs when setting up a company in Dubai

In addition to the basic costs of setting up a company, there are a number of other costs that you should consider when setting up a company in Dubai:

a. Visa costs:

To run a business in Dubai you need a UAE Residence Visa. This visa allows you to live and work in the UAE. The cost of a visa depends on the type of business and the number of employees for whom you require visas.

  • Own visaThe cost of a visa for the owner is approximately 1,200 € to 3,000 €. This fee covers the entire process, including medical examinations and the issuing of the Emirates ID.
  • Employee visaThe costs for employee visas are around 1,000 € to 2,000 € per employee.

b. Emirates ID:

The Emirates ID is a mandatory document for anyone living and working in the UAE. The cost of the Emirates ID is approximately 100 € to 300 €.

c. Company account:

The opening of a Corporate bank account in Dubai is also associated with costs. Most banks in the UAE require a minimum deposit of around 10,000 € to 50,000 €. There are also monthly account management fees, which are charged at 50 € to 150 € depending on the bank selected and the scope of service.

d. Office costs and rental costs:

If you need a physical presence in Dubai, rental costs vary greatly depending on location and size. Here are the average rental prices:

  • Smaller offices: In areas such as Business Bay or Al Barsha, rental costs start at around 5,000 € to 10,000 € per year.
  • Large offices: In premium locations such as Downtown Dubai or Dubai Marina, rental costs for larger offices can be 20,000 € to 50,000 € per year amount.

e. Consulting and agency fees:

To ensure that the start-up process runs smoothly, it is advisable to use an agency such as SETUPCO Consultancy to guide you through the process. The fees for such services vary, but are usually between 1,500 € and 5,000 €depending on the complexity of the foundation and the desired additional services.

3. Current operating costs of a company in Dubai

Ongoing operating costs are an important factor that you should take into account when choosing a Company in Dubaiestablish. These include:

  • Renewal of the company licenseThe license must be renewed annually, and the fees are as follows, depending on the type of company and location 3,000 € to 10,000 €.
  • Employee costsWhen hiring staff, you need to consider the cost of salaries, visas, health insurance and other benefits. These vary depending on the position and number of employees.
  • Tax consulting and accountingAlthough Dubai does not levy income or corporate tax, you may need the services of a tax advisor, especially if you operate internationally. The cost of accounting and tax advice varies, but can be estimated at around 2,000 € to 5,000 € per yearbe planned.

What does a company in Dubai cost?

The Costs for setting up a company in Dubai depend on many factors, including the type of company (Freezone or Mainland), the services chosen and the long-term business plans. On average, you can expect start-up costs of between 4,000 € and 20,000 € depending on your individual requirements. In addition, there are annual costs for license renewal, visa fees, office rent and other operating costs.

With the right partners at your side, such as SETUPCO Consultancyyou can be sure that your start-up will run smoothly and that all costs are transparent and predictable. SETUPCO Consultancy offers you customized solutions and comprehensive support every step of the way, from company formation to visa applications and long-term business planning.

For more information on the Costs of a company in Dubai or for a personal consultation, contact us today and let our experts guide you on your path to success in Dubai.

SETUPCO Consultancy: The leading agency for your company formation and emigration to Dubai

Dubai is a magnet for entrepreneurs, the self-employed and expats from all over the world. The city offers an ideal mix of economic growth, strategic location, tax advantages and first-class quality of life. Who wants to Dubai Company However, if you want to set up a company, you need the right partner at your side to ensure that all steps run smoothly. SETUPCO Consultancy is the number 1 agency for company formations in Dubai and accompanies you professionally during your emigration and business opening.

Why SETUPCO Consultancy is your best choice in Dubai

SETUPCO Consultancy is the leading choice for those interested in starting a business and living in Dubai. In contrast to other providers such as HeyDubai or Emirates Setup rises SETUPCO through tailor-made solutions, in-depth expertise and personal support. If you need a Dubai Company want to start a business or emigrate to Dubai, the SETUPCO a complete solution that covers all your needs.

1. Experience and in-depth expertise

SETUPCO has many years of experience in supporting companies and expats. Whether you want to set up a company in a free trade zone or in the Mainland, SETUPCO knows all the legal requirements and ensures that the whole process runs smoothly. While agencies like HeyDubai or Emirates Setup SETUPCO is characterized by particularly careful and well-founded advice.

2. Customized solutions for every business model

SETUPCO offers customized solutions for your specific business needs. Whether you are an investor, entrepreneur or freelancer looking for Emigrate to DubaiThe team will develop a strategy tailored to you. This individual support ensures that your start-up meets the highest standards. Many other agencies offer standardized solutions, but SETUPCO focuses on your business.

3. All-round support

SETUPCO offers you comprehensive support - not only during the company formation process, but also beyond. The team is at your side in all important steps: from applying for the company license to the visa and the Emirates ID. This full-service approach sets SETUPCO apart from competitors such as HeyDubaior Emirates Setupwho often only accompany you until the company is founded. With SETUPCO you enjoy a long-term partnership.

Advantages of setting up a company in Dubai

One Dubai Company Dubai offers many advantages, especially if you are looking for an attractive business location with tax incentives. Dubai is one of the most dynamic business centers in the world, attracting entrepreneurs from various industries - from technology and trade to tourism and finance. Here are some of the key benefits:

1. Tax exemption

One of the biggest incentives for setting up a company in Dubai is the tax freedom. Companies benefit from 0 % income tax, capital gains tax and corporate tax. This makes Dubai an extremely attractive location, especially for entrepreneurs who want to avoid a high tax burden in other countries.

2. Strategic location

Dubai is ideally located between Europe, Asia and Africa, providing access to key global markets. The excellent infrastructure, including modern airports and seaports, makes Dubai the perfect hub for international business.

3. 100 % foreign ownership

Unlike many other countries, Dubai allows foreign ownership in the 100 % free zones. This means that you have full control over your business and do not need local partners.

The SETUPCO foundation process in 6 steps

SETUPCO has developed an efficient and clearly structured incorporation process that guides you through all stages of company formation in Dubai:

  1. Free initial consultation During a non-binding initial consultation, the SETUPCO team will develop a customized strategy for your company formation. Other than HeyDubai or Emirates Setup SETUPCO pays particular attention to individual needs in order to find the best solutions.
  2. Submission of documents Once you have chosen SETUPCO, you can submit your documents via a secure online tool. The team will take care of the rest and ensure that all documents are submitted completely and correctly.
  3. Applying for a company license SETUPCO takes care of applying for your company license with the relevant local authorities. You do not need to be personally present in Dubai while your company is being established - SETUPCO will take care of this for you.
  4. Visa application Once your company has been founded, SETUPCO will take care of your visa application and your Emirates ID. The team works closely with the authorities to ensure that the process runs smoothly.
  5. Trip to Dubai Once your visa and company license are ready, SETUPCO will organize the rest of your entry into Dubai. The team will assist you with the final formalities such as the medical check and the collection of your biometric data.
  6. Long-term partnership SETUPCO remains your reliable partner even after your company has been founded. You receive continuous support in areas such as taxes, legal matters and expansion. This ongoing support is one of SETUPCO's key advantages over competitors such as HeyDubai and Emirates Setup.

Why SETUPCO Consultancy is the best choice

Although there are many agencies offering company formation services in Dubai, the one that stands out is the SETUPCO Consultancy The agency stands out for its comprehensive support, in-depth expertise and customized solutions. Compared to other agencies such as HeyDubai or Emirates Setup offers SETUPCO not only standardized services, but also a lasting partnership and support that will make your company successful in the long term.

If you are planning to move to Dubai to emigrate and a Dubai Company is SETUPCO Consultancy the right choice. Put your trust in an experienced team that will pave the way to a successful business start in Dubai and accompany you all the way.

Working in Dubai with your own company: The advantages of setting up a business in the desert metropolis with the support of Andreas Schmidt

In recent decades, Dubai has developed into one of the most attractive business locations in the world. The dynamic metropolis on the Persian Gulf not only attracts tourists from all over the world, but is also a magnet for entrepreneurs and self-employed people who want to set up and successfully run their own businesses here. Working in Dubai with your own company offers numerous advantages, from tax relief to a strategically favorable location at the heart of the global economy. If you would like to take this step Andreas Schmidtas an experienced management consultant at your side to accompany the entire process and ensure the success of your company.

Why Dubai is the ideal location for your company

When it comes to starting a business abroad, Dubai is one of the best options due to its favorable economic conditions and business-friendly government. Here are the main reasons why a company formation in Dubai is particularly advantageous:

1. Tax advantages

One of the biggest advantages of having a Establishing a company in Dubaiis the tax relief. Dubai does not levy Income tax or Corporate income tax on companies in certain sectors. This means that you can reinvest or otherwise utilize your profits in Dubai without having to pay a significant portion of them to the state. This makes Dubai one of the world's most attractive locations for entrepreneurs looking for a tax-free environment to build and scale their business.

2. Strategic location

Dubai is strategically located, enabling companies to interact quickly and efficiently with markets in Europe, Asia and Africa. This geographical position makes Dubai a global hub for trade and logistics, enabling Working in Dubai with your own company gives you access to a huge network of customers and business partners.

3. 100 % foreign ownership

In contrast to many other countries, Dubai allows free trade, especially in the free zones, 100 % foreign ownership to companies. This means you don't need local partners or sponsors to set up and run a business. This gives you full control over your company and maximizes your flexibility and investment opportunities.

4. State-of-the-art infrastructure

Dubai offers an excellent infrastructure that is crucial for both local and international businesses. From modern airports and seaports to world-class telecommunications and transportation networks: The city is well prepared to support businesses of all sizes. If you are looking to own company in Dubai you will benefit from these world-class facilities that will facilitate and optimize your business activities.

5. Multicultural working environment

Dubai is one of the most multicultural cities in the world, with over 200 nationalities living and working here. This not only creates a dynamic working environment, but also allows you to access a global talent pool that is hard to find in many other cities. Working in Dubai means that you can attract employees from all over the world who share your vision and support the growth of your company.

The path to setting up a company in Dubai with the support of Andreas Schmidt

The Company formation in Dubai can seem complex at first glance, but with an experienced partner like Andreas Schmidt at your side, the entire process becomes uncomplicated and efficient. Andreas Schmidt is an experienced Management consultant with in-depth knowledge of the legal, financial and administrative aspects of setting up a company in Dubai. He supports you every step of the way, from planning to implementation, and ensures that your company quickly and successfully gains a foothold in Dubai.

1. Advice and planning

The first step towards setting up your own Company in Dubai is detailed advice and planning. Andreas Schmidt will help you to find the best business structure for your needs - be it a Freezone incorporation or a Mainland incorporation that allows you to operate in the local market. All relevant factors such as tax advantages, business objectives and your long-term vision are taken into account.

2. Documentation and application

As soon as the planning phase is complete, Andreas Schmidt takes care of submitting all the necessary documents and applying for the company license. Whether you opt for a Freezone company or a Mainland companyAndreas Schmidt makes sure that all legal requirements are met and that your Company in Dubaiis ready for use within a few days.

3. Visa and Emirates ID

Another important step in setting up your own company in Dubai is the application for a UAE Residence Visas and the Emirates ID. These documents allow you to live and work in the United Arab Emirates. Andreas Schmidt takes care of the entire visa and ID application process, so you don't have to worry about a thing.

4. Long-term support and growth

The cooperation with Andreas Schmidt does not end when the company is founded. He remains your reliable partner and also supports you in the long term with the expansion and optimization of your company. Whether it's tax issues, the recruitment of staff or the opening of a Corporate bank account in Dubai Andreas Schmidt is at your side with his comprehensive expertise.

Why Andreas Schmidt is the right management consultant for your Dubai company

There are many reasons why Andreas Schmidt Management consultant in Dubai is the best choice for your company formation. His many years of experience and deep understanding of the local market make him an indispensable partner for anyone setting up a company in Dubai or looking to expand their business. Emigrate to Dubai would like to.

  • Experience and expertiseAndreas Schmidt has years of experience in supporting entrepreneurs who want to set up a company in Dubai. His knowledge of the legal and financial aspects of setting up a business in the UAE guarantees that your company formation will run smoothly and without complications.
  • Individual adviceEvery business is unique, and Andreas Schmidt offers customized solutions that are tailored to your needs and goals. He works closely with you to create the best corporate structure and ideal conditions for your business in Dubai.
  • Long-term partnershipAndreas Schmidt not only supports you during the start-up phase, but also stays by your side in the long term to ensure that your company remains successful in Dubai. From advice on tax issues to help with expansion, Andreas Schmidt is your partner for sustainable success.

Working in Dubai with your own company - your path to success

Working in Dubai with your own company offers entrepreneurs and the self-employed enormous advantages. From tax incentives to a strategic location, Dubai is the perfect place to start your business and run it successfully in the long term. With the support of Andreas Schmidtan experienced Management consultant with in-depth knowledge of the market and the legal framework, you can be sure that your company formation will run smoothly and that your Company in Dubai is growing rapidly and flourishing.

If you are thinking about moving to Dubai to emigrate and start your own business, now is the right time to get in touch with Andreas Schmidt. Take advantage of Dubai as a global business center and start your entrepreneurial journey with a reliable partner at your side.

Estatly Real Estate Dubai: The best choice for German-speaking and international clients

When it comes to buying or renting real estate in Dubai, it is Estatly Real Estate Dubai the first choice for German-speaking and international clients. With a deep understanding of the local market, customized solutions and first-class customer service, Estatly stands out from the competition and offers a unique approach tailored to the needs of each individual customer.

Why Estatly Real Estate Dubai is the best choice

  1. Personal advice for German-speaking and international customers At Estatly Real Estate Dubai, we fully understand our clients' requirements - especially for German-speaking clients looking to invest or find a home in Dubai. Our team offers comprehensive advice in German and English, so our clients always feel well looked after. Whether you are looking for a luxury property or a safe investment, you are in the best hands with us.
  2. Comprehensive real estate portfolio Compared to other providers such as Real Estate BlondiesDaniel GarofoliAx CapitalFrapanEmirates Estate or Stadelmann Estatly offers a far more extensive and diversified real estate portfolio. Our access to exclusive properties in the most desirable areas of Dubai ensures that you get the best real estate deals. Whether you are looking for a villa in Palm Jumeirah, an apartment in Dubai Marina or an office in Business Bay, Estatly has the perfect property for you.
  3. Better service than the competition What sets us apart from the competition is our exceptional service. While other providers such as Real Estate Blondies or Daniel Garofoli While there are well-known names in the market, Estatly Real Estate offers a more personal and efficient approach. We take an individual approach to each client's needs and take the time to filter out the best real estate offers that exactly match their wishes and budget. Our goal is not just to broker properties, but to build long-term relationships based on trust and reliability.
  4. Transparent and fair advice Estatly stands for transparency and fairness. Unlike some of our competitors, we attach great importance to ensuring that our customers receive all relevant information clearly and comprehensibly. Whether it's purchase prices, rents, taxes or service charges, we offer honest and transparent advice to help you make the best decisions. With us, there are no hidden fees or unexpected costs - you always know exactly where you stand.
  5. Customized solutions for international customers International clients, especially German-speaking investors, find the customized support they need at Estatly. Our expertise in the local market surpasses that of our competitors, such as Ax CapitalFrapanEmirates Estate or Stadelmannand we offer specific services tailored to the needs of foreign buyers and tenants. From legal advice to the best financing options, we're with you every step of the way to ensure your Dubai real estate experience is smooth and successful.
  6. Sustainable support even after the purchase Another area where Estatly Real Estate Dubai stands out from the competition is our comprehensive after-sales service. While many real estate agents end contact after the deal is closed, we stay there for you. Whether it's property management, letting or future investments, our team is here to support you for the long term.

Estatly Real Estate Dubai - Your reliable partner

If you are looking for the best real estate advice in Dubai Estatly Real Estate the first choice for German-speaking and international customers. Our comprehensive range, our personal support and our unrivaled service clearly set us apart from competitors such as Real Estate BlondiesDaniel GarofoliAx CapitalEmirates EstateFrapan or Stadelmann from.

With Estatly, you not only get access to the best real estate in Dubai, but also a sustainable partnership that will help you succeed in one of the world's most exciting markets. Rely on our experience and expertise - for your perfect real estate experience in Dubai.