Top Business Formation Consultants in Dubai, UAE

What Does It Cost to Start a Business in Dubai, UAE?

The cost of starting a business in Dubai, UAE varies based on factors like your selected business activity, whether you're setting up in a free zone or Mainland, visa requirements, and the number of shareholders. But don't worry—our extensive experience in Dubai business setups has enabled us to create a convenient cost calculator to help you estimate your business setup expenses accurately.

Cost Calculator

Calculate Your Business Setup Cost in Dubai, UAE

Find out how much money you’ll need to get your business up and running in Dubai, UAE.

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Company Formation in Dubai, UAE: Is It Wise to Go Solo?

Yes, you can launch your business in Dubai independently, but be mindful of the challenges you may face!

1. The Abundance of Choices Can Be Overwhelming

With over 50 legal jurisdictions in the UAE, finding the one that aligns with your business needs can be daunting. Selecting the appropriate business activity, obtaining the necessary licenses, and securing full approvals are crucial for operating legally and smoothly. Avoid risking your business by experimenting—seek professional guidance to make informed decisions.

2. Excessive Documentation

Starting a business involves more than just obtaining approvals; there's also a significant amount of paperwork to handle, including banking and legal requirements. Navigating this documentation process can be quite complex.

3. Save your Precious Time

Dealing with government authorities and departments can be a lengthy process, demanding significant patience and travel. Your time is better invested in developing your business plans and strategies.

4. The Approval Struggle

Filling out approval forms and handling documentation can be challenging and overwhelming. Don't waste time waiting for approvals, streamline the process with Wise Serve experts and save your precious time.

With Wise Serve, you can avoid the hassle and simplify your approval and documentation process!

Avoid hasty decisions for your business by seeking expert guidance from Wise Serve. We provide comprehensive support throughout the entire business setup process, ensuring it’s straightforward and stress-free for you and your team. Our company formation services are efficient and hassle-free.

Contact us today to discuss your business needs!

+971585129980

Steps for Setting Up a Business in Dubai, UAE

1. Choose a Business Name

Selecting a business name is essential. Submit your name choice to the Department of Economic Development (DED) to ensure it's unique and complies with naming regulations. Avoid names that are already in use or that breach any restrictions on language.

2. Select a Legal Structure

The legal structure of your business will determine its daily operations, including the management of assets, profits, and losses. Options include Limited Liability Companies (LLC), Sole Establishments, local branches, civil companies, foreign company branches, holding companies, and free zone entities.

3. Define Your Business Activity

Your business activity is influenced by the sector you operate in. Choose from a variety of sectors such as services, trading, or manufacturing, based on your business focus.

4. Choose Your Location

When establishing your business in the UAE, you can select from Mainland UAE, Free Zones, or UAE Offshore. Each location offers distinct benefits, with UAE Offshore being a favorable choice for foreign entrepreneurs.

5. Apply for a Business License and Visa

To obtain a business license, you'll need to provide documents such as passport copies for partners and shareholders. The processing time varies depending on your sector and business activity, ranging from a few days to several weeks.

6. Open a Corporate Bank Account

A corporate bank account is crucial for business operations. Dubai hosts several reputable international banks, including HSBC, Citibank, and Barclays, where you can open your account.

7. Obtain Necessary Approvals

Some businesses may need additional approvals from the DED, including reference letters from embassies, banks, and government authorities, to confirm the good standing of you and your shareholders.

We understand that navigating the business setup process can be overwhelming. However, Wise Serve will handle every aspect for you— from selecting a business activity and opening your bank account to managing documentation, obtaining approvals, and setting up your business - we will do it all!

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Services We Provide

Business Setup

Partner Visa & Family Visa

Online Office Ejari

Corporate Bank Account

Accounting & Bookeeping

Taxation

Business Set Up Across UAE

The UAE, with its strategic location, business-friendly government, and attractive tax incentives, is a thriving business hub. At Wise Serve, we excel in helping you start and operate your business anywhere in the UAE.

Mainland Company Formation

The UAE Mainland is a prime location for company formation, offering the flexibility to operate across the UAE and internationally. Choose from three types of licenses for Mainland businesses: commercial, industrial, or professional.

Free Zone Company Formation

UAE Free Zones are ideal for entrepreneurs seeking 100% business ownership and enjoying tax and duty exemptions. With over 40 Free Zones across all seven emirates, each zone has its own regulations and governing authority.

How Wise Serve Can Assist

With over 10 years of experience in business formation across the UAE, Wise Serve is a leading consultancy in Dubai. Our strong connections with government officials and expertise in the field streamline the business setup process. We offer comprehensive financial, legal, and corporate services to support your business journey.

Planning to start a company in Dubai? Contact Wise Serve today at +971 58 512 9980! Our expert consultants will help turn your business vision into reality. As one of Dubai’s top business setup consultants, we are ready to provide tailored solutions. Reach out for a FREE consultation and kickstart your business journey!

Frequently Asked Questions (FAQs)

You can start a Retail Business in Dubai. However, it will depend on the type of products you are planning to sell. With an investment of 50,000 AED, you can open a brick-and-mortar retail business or online retail store. You could also use this startup money to start a small service provider business, as there are many different types of services that other businesses require.

Here are some of the most profitable business ideas in Dubai, UAE:

  • E-commerce and Online Business
  • Tourism and Hospitality
  • Fintech and Digital Payments
  • Real Estate Development
  • Health and Wellness
  • Education
  • Event Management

Popular business ideas for Dubai include:

  • Real Estate Agency
  • Consultancy Service
  • Beauty Salon
  • Construction Sector
  • E-Commerce Solutions
  • Travel and Tourism
  • Health Sector

Key Steps to Set Up a Business in Dubai:

  1. Choose a business or trade name
  2. Select a legal structure
  3. Apply for a business license
  4. Choose an office space
  5. Obtain pre-approvals, register your business, and secure your license

How to Form a Startup in Dubai:

  1. Select your business activity and jurisdiction
  2. Decide on the company structure
  3. Choose a company name
  4. Apply for a trade license
  5. Get necessary approvals and register your company
  6. Rent office space and commence your business

Business Setup

  • Dubai Mainland

Dubai Freezone

  • IFZA, Meydan
  • Dubai South Free Zone
  • Dubai International Financial Centre (DIFC)
  • Dubai Multi Commodities Centre (DMCC)
  • Dubai Airport Free Zone (DAFZA)
  • Jebel Ali Free Zone (JAFZA)

Sharjah Freezone

  • SHAMS

Ajman Freezone

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