How Much Does it Cost to Set Up a Company In Dubai?

Are you thinking of starting a business in Dubai? Before beginning the process of setting up your company, you have to choose which free zone you want to set up your business in, and that may come as quite a challenge given that there are close to 30 free zones in Dubai.

With such an abundance of free zones, the most frequently asked question we get at DMCC is: ‘How different are the company set up costs between the different free zones in Dubai?’ This, of course, is a key determinant of choosing which free zone to set up your company.In this blog, we’ll take a closer look at how much it will cost to set up and run your business in Dubai by breaking down the expected expenditure before or after your company is set up.

What are the main fees for setting up a business in Dubai?

1. Company registration fee: From AED 9,000

The Company Registration Fee is a one-time payment to the free zone authority. The exact fee will be determined according to the company’s legal structure. 

2. Business licence fee: AED 10,000 – AED 50,000 per year

The Business Licence Fee is a recurring annual cost required to legally operate. Unlike the one-time registration fee, this amount is paid yearly and depends on whether you hold a Service, Trading, or Industrial licence.

3. Office fee: AED 15,000 – AED 20,000 per year

A physical office is a prerequisite to setting up your business in Dubai. Most startups choose a Flexi-desk package, which is the most cost-effective option compared to full physical offices.

At DMCC, we have a wide range of office solutions perfect for new businesses and start-ups. Located in the vibrant community of Jumeirah Lakes Towers, DMCC offers flexi- and serviced desks, co-working spaces, and business centres equipped with a selection of facilities to help set up and expand your business in Dubai. Other office solutions include Almas Tower, Jewellery and Gemplex, and Uptown Tower, first of two supertall structures in DMCC’s Uptown Dubai district.

4. Share capital: Average of AED 50,000 (Refundable)

Share Capital is the funds you must invest to demonstrate financial standing. While some free zones have no requirement (AED 0), the standard for a credible Dubai free zone entity is typically AED 50,000, which is refundable or usable for business expenses after setup.

Business set-up costs at DMCC 

DMCC offers a variety of business setup packages tailored to meet the needs of companies of all sizes and industries. Below is a summary of the primary costs involved in setting up a business at DMCC, along with a list of available packages:

Company setup packages pricing

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Company setup standard pricing

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Industry-specific packages pricing

Industry-specific (ecosystem) packages are applicable to specific industries businesses operate in. The packages are applicable for first time sign-ups, and last for a year.

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Comparing business set-up costs: DMCC against other Dubai free zones

The cost to set up your company in DMCC Dubai is comparatively high compared to other free zones in Dubai; however, the value-added services and business support provided to member companies has established DMCC as one of the leading free zones in the world.

Over the years, DMCC has worked hard to create a seamless company set up process, making it easy and fast for businesses to set up their presence in Dubai. It only takes a matter of 2-4 weeks for your company to be fully up and running, of which, half the process can be done remotely.

The range of business opportunities DMCC offers is expansive, encompassing over 900 distinct business activities across 20 sectors. As a recognised global hub for business, trade, and commerce, DMCC hosts over 26,000 companies, including start-ups and multinational corporations. DMCC is a major contributor to Dubai's economy, accounting for 15% of its FDI. It has proven to be one of the world’s most interconnected business districts, known for its smart, sustainable, and vibrant environment that features world-class offices, residential, leisure, and retail facilities, serving over 100,000 professionals, residents, and visitors.

For the full list of services and charges offered by DMCC, view the schedule of charges here.

Frequently Asked Questions (FAQ)

1. Is it easy to set up a business in Dubai?
Yes, setting up a business in Dubai is relatively straightforward, especially with the help of experienced business setup consultants. The process can be streamlined and efficient, particularly in free zones like DMCC.

2. What are the steps to set up a business in DMCC?
The steps include choosing your business activity, selecting a company name, applying for a business licence, finding office space, and registering with the relevant authorities. DMCC provides comprehensive support throughout this process.

3. How long does it take to set up a business in DMCC?
Typically, it takes between 2-4 weeks to fully set up a business in DMCC, with several steps that can be completed remotely.

4. How much of the DMCC company setup cost is for the business licence?
The business licence is a significant part of the overall cost, typically ranging from AED 10,000 to AED 50,000 per year. The exact amount depends on whether you choose a Trading, Service, or Industrial licence, which directly impacts your total initial investment.

5. Can I get a visa for my employees through DMCC?
Yes, DMCC provides visa services for business owners and their employees. The number of visas you can apply for depends on the size of your office space and the type of business licence.

6. Are there any specific legal requirements for setting up a business in DMCC?
Yes, businesses must comply with UAE laws and DMCC regulations, which include obtaining necessary approvals, meeting share capital requirements, and adhering to specific business activity guidelines.