Are you planning to start a business in Dubai but are worried about the cost? Dubai Mainland Company Formation is a lively process that offers many opportunities. Knowing the cost of Dubai Mainland Company Formation is important to start a business. Now, you must consider how much the Dubai Mainland Company Formation costs. Shuraa is here to make it easy! We provide a step-by-step guide to help you with the costs and guarantee transparency.
From licensing fees to office space expenses, our experts will break down every detail. Continue to read further and explore how Shuraa can assist you in making informed decisions for your business startup in Dubai.
Why Should You Start a Company on Mainland Dubai?
Investors have two primary options for setting up a business in Dubai: the Mainland and the Free Zone. These zones are different from each other and have their advantages.
The choice of business zones depends on the investors. The licenses are different, depending on your chosen trade activity in the Zones.
1. Open Access to Dubai and the UAE
Dubai and the UAE welcome everyone, making it easy for residents and visitors to enjoy all the opportunities here. Whether you’re visiting for business, vacation, or planning to move, you’ll find a friendly and open environment. Experience the lovely culture, top-notch amenities, and strong economy that attract people worldwide.
Getting to Dubai and the UAE is straightforward, with simple entry requirements and excellent infrastructure. Explore all that this fantastic region has to offer and see why it’s such a special place.
2. Collaboration Opportunities with UAE or GCC Governments
Partnering with the UAE or GCC governments offers excellent opportunities due to their strong economies and luxurious locations. These governments are focused on innovation, infrastructure, and diversifying their economies, making it easier for businesses to collaborate.
Working together can open doors to valuable networks, simplified regulations, and a supportive business environment. Such partnerships can lead to mutual growth and long-term energy, technology, healthcare, or education development.
3. Simplicity in Expanding Business Activities
Diversifying business activities is easier than ever today. Companies can expand into new areas thanks to advanced technology, supportive government policies, and access to global markets.
By offering different products or services, businesses can reach new customers and reduce risks associated with relying on a single income source. This flexibility helps companies stay competitive and grow steadily, even in changing market conditions.
4. Local and Global Market Access
A good reach in local and global markets is important for business growth. Connecting with local customers helps companies understand their needs and build strong relationships. At the same time, entering international markets allows businesses to expand their customer base and find new opportunities.
Thanks to technology, it’s easier than ever to reach customers worldwide. This mix of local focus and global access helps businesses succeed in today’s connected economy.
Dubai Mainland Company Formation cost
When you are choosing to set up a business in Dubai, you need to know its cost. The Dubai Mainland Company Formation cost depends on the various factors mentioned below:
- The type of business you are choosing
- Visa costs
- Office space expenses
- Government fees for Notary services
- A business license
- Registration
- Legal translation fees
Note: These charges can be one-time or annual.
The investor visa fees, which can be renewed every three years, and the annual sponsorship fee are also included. There are other costs, including one-time legal fees and commercial property fees. You’ll need to pay a one-time fee for initial approval from the Department of Economic Development (DED) and a fee for selecting your business name.
The cost to open a bank account in the UAE depends on the type of account and the bank’s offerings. Setting up a mainland company in Dubai can cost between AED 15,000* (USD 4,083) and AED 50,000* ( USD 13,612). To know the exact price, you can contact our Shuraa experts.
For specific licenses:
- Dubai Commercial License: Yearly government fee – approximately AED 10,000*.
- Dubai Professional License: Yearly government fee – approximately AED 5,600*.
Dubai Mainland Company Formation with Shuraa
In conclusion, setting up your company in mainland Dubai with Shuraa is easy. With expert help and transparent pricing, Shuraa guides you through local rules and regulations, guaranteeing a smooth experience.
Whether you’re an experienced business owner or just starting, this step opens up many opportunities for growth in Dubai’s exciting market. Start your journey today and discover the potential for your business in the UAE! Contact Shuraa now!