Cost Breakdown: How Much Does It Really Cost to Start a Business in Dubai?
Starting a business in Dubai involves various costs. Here’s a detailed breakdown to help you plan your budget:
Licensing Fees
Trade License: Fees vary based on the type and size of the business.
Additional Permits: Depending on your business activities, you may need extra permits.
Sponsorship Fees
For mainland businesses, budget for annual sponsorship fees paid to your local sponsor.
Office Space
Free Zones: Flexible office solutions at varying costs.
Mainland: Physical office space rental costs.
Legal and Consultancy Fees
Fees for business setup consultants who assist with the setup process, legal formalities, and documentation.
Visa Costs
Residency Visas: Fees for applying for residency visas for yourself and employees.
UAE Golden Visa: If applicable, consider the cost for this long-term visa.
Trademark Registration
Fees for trademark registration to protect your brand.
Bank Account Opening
Some banks may charge fees for opening and maintaining a corporate bank account.
Miscellaneous Costs
Marketing and advertising expenses.
Initial setup costs like office furniture, IT equipment, and utilities.
By considering these costs, you can create a realistic budget for your company setup in Dubai.
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