What Is the Cost of Setting Up a Company in Dubai?
Whether you’re thinking about setting up a company in Dubai or planning on renting serviced offices Dubai to expand your business operations, you need to carefully plot the allocation of your resources.
The cost of establishing a new company in Dubai is determined by several factors including your license type, location, business model or operations, etc.
When preparing to establish a business in Dubai, you need to make sure to have enough resources to pay for the following:
The final amount you must pay depends on the price of the visa application, commercial activities, and shareholders. To run a business in Dubai, you also need to pay a nominal registration fee.
Whether you have your own facility or you’re renting in a business centre in Dubai, a license is required to operate the business in the city. A license is approved and issued to your business once you fulfil all the guidelines and regulations for starting a business. It is also important to note that these licenses or permits must be renewed annually.
With the new regulations in Dubai, foreign nationals can easily establish a new business or expand their business by owning a space in a popular business center. However, foreign nationals are required to acquire a residential visa to stay in Dubai and run their business. If you intend to hire other nationalities to work for the company, your staff are also required to secure a visa.
Facility or office space
Depending on the requirements of your business operations, you may opt for a coworking space Dubai so your staff can work comfortably. If your business does not use large or heavy equipment renting smaller facilities may be more cost-efficient compared to building a dedicated office for your staff. If you can operate remotely and you only need a quiet place where you can discuss important matters with your staff, clients, business partners, or investors, consider booking a meeting room Dubai.
Whether you need to help with legal procedures in starting a business or you are looking for affordable office space to lessen your business setup in Dubai cost and still be able to provide a facility for your growing team, Austria Business Center offers a range of business solutions and office for rent to meet all your business needs. You may also book serviced offices if you need a meeting room to meet with clients or conduct interviews.