What if we told you that the cost of starting up your business is quite literally in your control?
Literally every aspiring entrepreneur’s dream.
There happens to be a whole list of factors that play a huge role in the cost of business setup in the UAE, and understanding them can help you make cost-effective business decisions.
Whether you’re a new entrepreneur or a well-established business owner, you would always face the dilemma of choosing the right jurisdiction to operate in. Each business jurisdiction differs based on compliance requirements, market accessibility, business regulations, and taxation policies.
Another vital factor to consider is the emirate you choose to set up in—each emirate varies in cost-effectiveness, compliance regulations, business activities allowed, ease of visa issuance, and overall business setup process.
For example, if you set up a business in Sharjah (SPC Free Zone) with a residence visa, you would have to pay as low as AED 5,750. If you plan to set up along with obtaining a business visa, the cost can vary between AED 13,000 – AED 15,000.
In Dubai, however, the cost of company formation as a UAE resident starts from AED 12,000, and setting up a business with a visa often starts from AED 21,000. The cost of setting up a business in Dubai is higher due to its strong brand value and global reputation, whereas Sharjah company formation is more startup-friendly and cost-effective.
Your business setup requirements can make just as much of a difference. From deciding whether you want a virtual office setup or a physical office, to choosing the right trade license, every step impacts your business formation costs.
Still feeling confused about the costs of setting up a business in the UAE? Find out the estimated business setup cost through our cost calculator.