3. How much does it cost to set up a company in Dubai?
There are 02 ways you can start a business in Dubai: free zone business setup and mainland business setup. As a foreigner, you should choose the former option, as it offers more exclusive benefits for overseas businesses.
The cost for Dubai free zone company setup varies depending on the type of free zone business setup that you choose, e.g. Dubai Multi Commodities Centre Authority (DMCC), Dubai Creative Clusters Authority (DCCA) and Jebel Ali Free Zone (Jafza). Generally, Dubai free zone company setup costs range from AED 9,000 to AED 10,000. Other fees incurred during the free zone business setup includes:
- Licence Fee: AED 10,000 to AED 50,000 per year
- Office Fee: AED 15,000 to AED 20,000
- Share Capital: AED 1,000 to as much as AED 1,000,000
Out of all Dubai free zones, DMCC is our top choice for free zone company setup. Even though the setup cost is a bit higher than other free zones, DMCC is still a better option as it provides a variety of value-added services and support for foreign businesses. Being the world-leading free zone for 6 consecutive years, DMCC is the ideal destination for Dubai free zone company setup.