Cost of Setting Up a Business in Dubai - PowerPoint PPT Presentation

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Cost of Setting Up a Business in Dubai

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Indian entrepreneurs and business aspirants don’t need to worry about the cost of setting up a business in Dubai anymore. Why? Because the UAE’s government continues to curb the establishment costs to offer lucrative business opportunities and investment avenues. – PowerPoint PPT presentation

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Title: Cost of Setting Up a Business in Dubai


1
Cost of Setting Up a
Business in Dubai
Get a Consultation today!
2
Cost of Setting Up a Business in Dubai
SHURAA INDIA
Indian entrepreneurs and business aspirants dont
need to worry about the cost of setting up a
business in Dubai anymore. Why? Because the
UAEs government continues to curb the
establishment costs to offer lucrative business
opportunities and investment avenues. Moreover,
the business consultants at Shuraa India are
there to supervise the overall cost of starting
a business in Dubai. This ensures that you dont
pay anything extra for launching your dream
venture in the UAE, the land of opportunities.
3
Whats the Cost of Starting a Business in Dubai?
The cost of setting up a company in Dubai is
determined by a variety of factors. These include
your business operations, license type,
location, and more. Furthermore, a Service
license can be obtained for as low as AED
20,000. Therefore, any figure between AED 20,000
and AED 30,000 is a safe estimate. Its
important to keep in mind that the cost of
forming a company in Dubai increases if you need
specific privileges. For instance, requirements
like a foreign trading name or approval from a
governing body add to the overall cost. You can
contact Shuraa Indias company incorporation
experts, and well make sure you dont overspend
at any point during the process of forming an LLC
in the UAE.
4
What are the Various Costs Involved in Forming a
Company in the UAE?
  1. Registration Fee for a Business
  2. Business License Payment
  3. Cost of Securing Office Space
  4. Initial Approval and Payment for Trade Name
    Reservation
  5. The Annual Fee of an LSA

5
1. Registration Fee for a Business
The cost of forming a company in Dubai is
determined by the number of shareholders, visa
applications, and commercial activity. The
Indian entrepreneurs can contact the Shuraa
Company to register their firm with DED.
6
2. Business License Payment
To conduct risk-free business in Dubai without
triggering any compliance concerns, all legal
entities in the UAE must have a valid trade
license. You can apply for the following licenses
to launch your dream venture in the
Emirates Commercial License Professional
License Industrial License Tourism License The
cost of a business license in Dubai depends on
your business activities and chosen jurisdiction.
7
3. Cost of Securing Office Space
Marketing aspirants need to register a trading
name to set up a digital marketing agency in
Dubai. Its the official name of your advertising
firm and must always be unique, and indicative
of your business activities. You can list down a
few names and send them to the concerned
department for evaluation. Ensure that you follow
all the naming convention guidelines when you
list down the trading names. Moreover, refrain
from using derogatory terms or words that insult
someones beliefs, religion, and sentiments.
Dont forget to use a persons full name if you
wish to keep it as your agencys official name.
8
4. Initial Approval and Payment for Trade Name
Reservation
The initial approval certificate costs roughly
AED 150, and you have six months to complete the
process of establishing a business in Dubai. In
addition, Its a one-time government fee,
similar to the AED 620 charged for a trade name
reservation. However, if you want to use a
foreign trading name, youll have to pay more
money to the relevant authority.
9
5. The Annual Fee of an LSA
If your business activities match the
qualifying conditions, you can enjoy 100
ownership of your business, even on the
mainland. All you need in this situation is the
assistance of a local service agent who can
support you with numerous legal
procedures. However, he/she wont have any
rightful possession of your firm. The LSA will
just charge a small annual fee to act as your
business setup administrator. Therefore, you
wont need to worry about the compliance cost
of setting up a business in Dubai.
10
What are the Benefits of Company Formation in
Dubai?
  • Businesses in Dubai benefit from a number of tax
    concessions. The Indian business aspirants dont
    have to pay any corporate taxes, and youll be ab
    le to repatriate all of your profits.
    Additionally, theres no minimum capital require
    ment, and businesses are only required to pay a
    modest VAT of 5. To learn more about the
    taxation protocols in the UAE, contact the
  • legal professionals at Shuraa India.
  • In Trading Companies, Expats now have full
    foreign ownership of their companies, even in
    the case of a mainland establishment. The credit
    for the same goes to the recent modifications to
    the Companies Law. Moreover, this means for
    Trading Companies, you wont require a local
    sponsor (UAE national).
  • The best thing about establishing a business in
    the Emirates is the accessibility to a wide
    range of industries. Additionally, all major
    industries find lucrative business opportunities
    in this region, and MNCs alongside emerging
    startups find a home in Dubai. The DED maintains
    a list of all legal business activities from
    which you can choose the ones that best suit
    your needs. Furthermore, you can get external
    permissions for operations that arent covered by
    the DED.

11
Documents Required for Setting Up a Business in
Dubai
Heres a curated list of documents you need to
submit to the concerned authorities for setting
up your company List of trade names (3 to 4)
List of business activities Passport copy of the
shareholders UAE immigration Entry stamp or visa
page Passport size photograph as per the
protocols (size, background color, etc.)
12
Start your Business in the UAE!
The cost of setting up a company in Dubai
depends on multiple factors. Therefore, theres
no one-fits-all estimate for the overall company
formation cost. However, you can start any
business of your choice at affordable rates when
you collaborate with Shuraa. The business
incorporation experts at Shuraa India provide
end-to-end business assistance. Furthermore, we
take care of documentation, translation work,
licensing, baking, and much more. The best part
is that we also become your silent partners at
nominal prices.
13
OUR STORY
SHURAA THE PIONEERS OF BUSINESS SETUP SERVICES
IN THE UAE Shuraa Business Setup was founded by
Mr Saeed Khalifa Mohammed Al Fuquei in the year
2001. The organization was initiated with an
agenda to help individuals start a business in
Dubai or any other emirates. For the past 20
years, we have registered over 35,000 companies
in the UAE.Shuraa Business Setup helps with
crucial paperwork and other governmental
permissions which is important while setting up a
business in Dubai. We share years of
acquaintance with the government officials and
regulatory authorities, that makes business
setup easier.
14
MAILING ADDRESS
108, Square One, Saket New Delhi - 110017
REACH OUT
EMAIL ADDRESS info_at_shuraa.in
PHONE NUMBER 91-8010990022
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