Cost of setting up in Dubai

One of the most important steps in creating a viable business plan is understanding the initial costs of setting up a business. Dubai’s tax free nature is attractive to many entrepreneurs, but it’s important to keep in mind the fees involved in issuing a new trade licence. The DED’s website offers a useful tool which allows potential business owners to estimate the fees involved in obtaining their trade licences.

If you are planning to start a business in one of Dubai’s many free zones, keep in mind that each free zone has different start-up procedures and fees. Many free zones also require that the business owner have a minimum amount of capital if they are establishing the company or enterprise in the free zone as opposed to just opening a branch of an existing company. Another cost of running a business in Dubai or in a free zone is sponsoring your employees and providing them with the necessary visas and paperwork to allow them to reside in the country.

 
Trading companies should also consider the future costs of importing goods to the country. Dubai Customs has clear guidelines to the types of goods that can be brought in, as well as the costs of importing those goods. If the company will only be trading within the GCC, customs fees will be less expensive thanks to the newly established GCC common market, which promotes trade and employment among GCC nationals.
 
Directory of visa services in Dubai– General Directorate of Residency and Foreigners Affairs-Dubai
GCC Common Market – ArabianBusiness

 

Published Date : 27/10/2013Back
RELATED GOVERNMENT ENTITIES
Dubai Chamber of Commerce and Industry
Department of Economic Development
Dubai Customs
Department of Tourism and Commerce Marketing
Mohammed Bin Rashid Al Maktoum Foundation
Dubai Airport Free Zone
Dubai Healthcare City
Dubai International Financial Centre
Dubai Internet City
Dubai Media City

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ArabianBusiness

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Life Events Top Category

Businesses

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Planning a business in Dubai

Sublife Event Title

Cost of setting up in Dubai

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Department of Economic Development

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Published Date

07/06/2011

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06/06/2017

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Body

One of the most important steps in creating a viable business plan is understanding the initial costs of setting up a business. Dubai’s tax free nature is attractive to many entrepreneurs, but it’s important to keep in mind the fees involved in issuing a new trade licence. The DED’s website offers a useful tool which allows potential business owners to estimate the fees involved in obtaining their trade licences.

If you are planning to start a business in one of Dubai’s many free zones, keep in mind that each free zone has different start-up procedures and fees. Many free zones also require that the business owner have a minimum amount of capital if they are establishing the company or enterprise in the free zone as opposed to just opening a branch of an existing company. Another cost of running a business in Dubai or in a free zone is sponsoring your employees and providing them with the necessary visas and paperwork to allow them to reside in the country.

 
Trading companies should also consider the future costs of importing goods to the country. Dubai Customs has clear guidelines to the types of goods that can be brought in, as well as the costs of importing those goods. If the company will only be trading within the GCC, customs fees will be less expensive thanks to the newly established GCC common market, which promotes trade and employment among GCC nationals.
 
Directory of visa services in Dubai– General Directorate of Residency and Foreigners Affairs-Dubai
GCC Common Market – ArabianBusiness

 

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Related Government Entity

Dubai Chamber of Commerce and Industry; Department of Economic Development; Dubai Customs; Department of Tourism and Commerce Marketing; Mohammed Bin Rashid Al Maktoum Foundation; Dubai Airport Free Zone; Dubai Healthcare City; Dubai International Financial Centre; Dubai Internet City; Dubai Media City; Dubai Multi Commodities Centre; Dubai Silicon Oasis; Dubai Studio City; DuBiotech; Gold & Diamond Park; International Media Production Zone; Jebel Ali Free Zone; Dubai Knowledge Village; General Directorate of Residency and Foreigners Affairs - Dubai

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ArabianBusiness

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AlertUpdateDate

27/10/2013

AlertNewDate

07/06/2011

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لقطاع الأعمال

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التخطيط لمزاولة نشاط تجاري في دبي

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غرفة دبي; دائرة التنمية الاقتصادية; جمارك دبي; دائرة السياحة والتسويق التجاري; مؤسسة محمد بن راشد آل مكتوم; المنطقة الحرة بمطار دبي; مدينة الرعاية الصحية بدبي ; مركز دبي المالي العالمي; مدينة الإنترنت بدبي; مدينة دبي للإعلام; مركز دبي للسلع المتعددة; واحة دبي للسيليكون; مدينة دبي للاستديوهات; دبيوتك; مجمع الذهب والألماس; المنطقة العالمية للإنتاج الإعلامي; المنطقة الحرة بجبل علي; قرية المعرفة بدبي; الإدارة العامة للإقامة وشؤون الأجانب - دبي

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27/10/2013

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Created at 07/06/2011 10:11 by Ali Developer
Last modified at 27/10/2013 13:42 by Garth Mitchell