Setting up a business in Dubai’s Free Zones is an ideal choice for entrepreneurs seeking a favorable business environment with numerous advantages. To make informed investment decisions, it’s essential to understand the total costs associated with establishing and managing a company.
Here’s a detailed breakdown of the costs based on the latest data.
1. Registration and Licensing Fees
The registration and licensing fees vary depending on the free zone and the type of business activity. Here are the details:
- Registration Fees: Starting from AED 9,000 to AED 10,000.
- Licensing Fees: Starting from AED 7,500, depending on the number of activities listed.
For example:
- In Dubai Multi Commodities Centre (DMCC), setup packages start from AED 43,620 for startups. You can learn more about these packages on the DMCC official website.
2. Office Space and Facility Rentals
All businesses in free zones must have a registered office. Costs vary based on the location and size of the office:
- Small Offices: Starting from AED 10,000 per year.
- Large Offices or Fully Equipped Facilities: Can go up to AED 100,000 or more annually.
For more details on office rental options, visit the Dubai Airport Freezone Authority (DAFZ).
3. Capital Deposit
Some free zones require a minimum capital deposit at the time of incorporation:
- KIZAD: Minimum paid-up capital is AED 150,000.
- Other Free Zones: Some may require a minimum capital deposit starting from AED 1,000, while others may not require any.
4. Visa and Residency Fees
Business owners and their employees can obtain residence visas. The costs include:
- Visa Issuance: Ranges between AED 3,500 and AED 5,000 per visa.
- Medical Check and Residency Processing: Around AED 1,000 to AED 1,500.
- UAE ID Card: Approximately AED 300.
For detailed visa procedures, visit the official UAE Government Portal.
5. Annual Operational Costs
- License Renewal Fees: Ranges between AED 10,000 and AED 15,000 annually.
- Utilities (electricity and water).
- Accounting and administrative services.
6. Financial Incentives and Discounts
Some free zones offer all-inclusive setup packages with discounts, including:
- Full tax exemptions.
- Discounted rental fees for startups.
Explore the benefits and incentives on the Invest in Dubai platform.
7. Additional Costs
Other potential costs include:
- Import and export fees (for trading businesses).
- Legal consultancy fees.
- Insurance for the company and employees.
The total cost of setting up a company in a Dubai Free Zone can range from AED 30,000 to AED 100,000 or more, depending on the company’s needs. It’s advisable to contact the respective free zone authority for accurate and updated estimates.
Note
These costs are approximate and may vary depending on the selected free zone and type of business activity. To get the most accurate and up-to-date information tailored to your needs, Mach X is here to assist. We provide expert consultation and streamlined solutions to help you establish your business seamlessly and cost-effectively in Dubai’s free zones.
Contact Mach X Businessmen Services and turn your business vision into reality!
