Dubai Free Zone company setup costs

Free Zones are special jurisdictions with zero taxes for up to 50 years for businesses that meet the special criteria. These are the best places for running startups or international businesses. With all the pros, these zones do have some cons. The main one is that you're limited to operating within the Free Zone or internationally.

There are over 40 Free Zones across the UAE, each caters to specific industries, providing tailored support and world-class infrastructure. Popular zoones for starting business are Dubai Airport Free Zone and Dubai International Financial Centre (DIFC). The full list is here.

• 100% foreign ownership: You do not need a local sponsor.
• 0% Corporate & income tax: Companies often do not have to pay taxes, if they meet certain conditions.
• Full profit repatriation: You can transfer all profits back to your home country without restrictions.
• Easy business setup: The process is streamlined with minimal paperwork.
• No import and export duties.

Sounds good, right? It's no surprise that about 300,000 new companies get registered in Dubai yearly. Many of them choose to set up shop in the Free Zones.

Choosing the right Free Zone is crucial for your business success, so careful research is essential. Here is a useful history of your clients that you should know before start. Names and locations have been changed to protect their privacy.

Basically, there are a few things you need to do to start a new business in Dubai.

1. Make a draft: Write a detailed business description or a business plan for your future company.
2. Turn it into a masterpiece: Send us this description by email so we can study it and clarify the details.

4. Choose a jurisdiction: We'll find the best Free Zone for you based on your goals and the information we have in our database on all the Free Zones in the UAE.
5. Activity selection: We'll come up with a list of activities that your company can do together. This is important because you'll need a separate business license for each activity you do.
6. Company name registration: We will help you choose a company name that complies with local naming regulations and reserve it for you.
7. Get a license: After we've gathered all the documents and submitted the application, we'll arrange the business license for you. We can also help you find office space if needed.
8. Additional consultations: We'll give you free advice on taxes, reporting, bookkeeping, and just running your business in general, so you don't get scared when you start.

The setup cost will depend on a few things, like which Free Zone you choose, what kind of license you need, and so on. Here's a rough outline of your future costs:

• Business license fee: Depending on the Free Zone and business activity. Aprox. AED 10,000 — AED 50,000 per year.
• Registration fee: AED 5,000 to AED 15,000 (one-time cost for company registration).
• Office rent: Starts from AED 7,500 per year for a flexi-desk; private offices can cost much more.
• Visa costs: Around AED 3,500 to AED 7,000 per visa, including processing and medical tests.
• Bank account opening & other fees: May cost around AED 2,000 to AED 5,000 depending on the bank and service provider.

At movingo, we make starting a business simple — as our 400+ satisfied clients can attest. Here's what we deliver:

• The perfect Free Zone tailored to your business needs
• Streamlined visa processing for you, your family, and your team
• Complete statutory documentation handled with precision
• Quick payment processing within 2 days of incorporation through our partner

Our dedicated consultants handle everything from start to finish.

Beyond setup, we're here to support your ongoing success with comprehensive accounting and legal services. Ready to explore how we can help bring your business vision to life? Let's schedule a call.