The cost of establishing a company in Dubai – The lowest cost of establishing a company. Dubai is considered one of the most prominent investment destinations in the world, as it provides an encouraging economic environment for businesses and investors. The emirate is known for its advanced infrastructure, flexible legal procedures, and attractive economic incentives that make it a favorite destination for startups and entrepreneurs from around the world. However, the cost of setting up a company in Dubai may vary based on many factors, such as the type of business, the location of the company, and the type of license required. Understanding the costs associated with setting up a company in Dubai is crucial for investors to ensure proper financial planning and avoid any unexpected surprises. In this context, Itqan Company provides comprehensive services to support investors in the journey of establishing their companies in Dubai, starting with providing legal and administrative consultations, all the way to assistance in obtaining the necessary licenses and permits.

The costs of setting up a company in Dubai include a range of fees that must be taken into consideration when planning to launch any business venture. These costs start with the registration and business license issuance fees, which vary according to the type of activity and the size of the company. In addition, there are office or commercial space rental fees, which are an essential part of operational costs. New companies should also allocate a budget to cover the costs of consulting services, which may include legal, accounting, and other administrative services.

Investors should also consider recruitment and labor recruitment costs, as well as health and social insurance costs for employees. Business marketing and promotion costs are also an important part of overall costs, as new businesses need to build a strong market presence to attract potential customers and partners.

Itqan helps investors accurately determine all expected costs, and provides integrated solutions to reduce expenses and increase efficiency. By providing customized consulting and comprehensive support services, Itqan facilitates the process of establishing companies and ensuring their success and sustainability in the dynamic and thriving Dubai market.

The cost of establishing a company in Dubai

Types of companies that can be established in Dubai

Dubai is considered one of the most attractive destinations for investors and entrepreneurs from all over the world, thanks to its advanced economic environment, world-class infrastructure, and flexible laws that encourage investment. Dubai is distinguished by offering a variety of options for establishing companies, which meets the needs of various types of commercial, industrial and service activities. This diversity helps facilitate the market entry process and enhances the chances of success for companies of different sizes and specializations. In this context, we review the different types of companies that can be established in Dubai.

Limited Liability Company (LLC)

The Limited Liability Company is one of the most common types of companies in Dubai. It consists of a minimum of two partners and a maximum of 50 partners. Partners have limited liability limited to their equity contributions, which protects them from incurring personal debts to the company. Limited liability companies can carry out almost all business activities.

Private joint stock company

A private joint stock company consists of a limited number of shareholders who own shares in the company. This type of company is usually used for large businesses that require a lot of capital. A private joint-stock company has a relatively complex organizational structure and is subject to strict disclosure and audit requirements.

Public joint stock company

It is a company in which shares are offered to the public via a stock exchange, allowing the public to purchase shares and participate in the capital. The public joint stock company is considered the ideal choice for large companies seeking to obtain significant financing by offering their shares to the public.

Foreign company branch

This type allows foreign companies to open branches in Dubai to practice the same commercial activity that they practice in their home country. Opening a branch of a foreign company requires obtaining approvals from the competent authorities, and the branch must be fully owned by the parent company.

Free Zones Company

Dubai’s free zones are an ideal environment for companies that want to take advantage of advantages such as full foreign ownership, tax exemptions, and easy repatriation of profits. Some of the popular free zones include: Dubai International Financial Centre, Dubai Internet City, and Dubai Media City.

Civil company

A civil company is established by two or more people with the aim of providing professional services such as legal, engineering, and medical consultations. The civil company bears full responsibility for debts and obligations that may arise as a result of professional activity.

Individual enterprise

It is a company owned by one person who does business in his or her own name. A sole proprietorship is the ideal choice for small and medium enterprises that do not require partnerships or large financing.

Joint liability company

A joint liability company consists of two or more partners who bear personal and joint liability for the company’s debts and obligations. Partners have the authority to manage the company and make decisions related to it.

Holding Company

A company that owns shares in other companies, giving it control over them. Holding companies are typically used to organize and manage different groups of companies under one umbrella.

Dubai is an ideal environment for establishing companies thanks to the variety of options available and the flexible procedures that facilitate starting a business. This diversity allows investors to choose the most appropriate structure for their business and achieve their business objectives effectively and efficiently.

Basic steps to establish a company in Dubai

Basic steps to establish a company in Dubai

Dubai, as a global investment destination, is witnessing rapid growth in the number of companies established there annually, driven by supportive government policies and a favorable business environment. Dubai offers investors from various sectors the opportunity to benefit from a diverse and evolving market, making it an ideal destination for establishing and operating companies. Through these basic steps, we will learn how to establish a company in Dubai and the steps necessary for that. Basic steps:

• Choosing the company type: The appropriate company type for the planned business activity must be chosen, such as a limited liability company, a free company in a free zone, or a branch of a foreign company, according to the requirements and objectives.
• Reserve a company name: You must select a unique and appropriate name for the company, which complies with local Dubai laws and regulations. This is done through the Department of Economic Development or the relevant authority.
• Preparation of legal documents: The legal documents required to establish the company, such as the articles of association and articles of association, are prepared and signed by the founders.
• Submitting the application and paying the fees: The application must be submitted to the competent authorities in Dubai, along with paying the fees required to issue the commercial license and registration.
• Obtaining the necessary approvals: Establishing some companies requires obtaining special approvals, such as approval of planned activities or approval of financial responsibilities.
• Office leasing and address organization: The company must have a scheduled office address, and the office is rented or the available business address services are used.
• Issuing licenses and permits: After all requirements and approvals are met, the final commercial licenses and permits necessary to start the business are obtained.
• Registration with taxes and social insurance: The company must register with the tax and social insurance authorities, and comply with all financial and legal obligations.
• Starting a business: After obtaining all licenses and permits, the company can start doing business and implement its operational plans.

Establishing a company in Dubai requires complying with precise procedures and obtaining the necessary approvals, but thanks to government facilities and legal support, investors can achieve sustainable success and achieve their business goals easily and effectively.

Find out how much it costs to start a company in Dubai

Concluding this look at the cost of setting up a company in Dubai , it becomes clear that careful financial planning and understanding all the costs associated with this process are essential elements for the success of any business venture. Costs vary from registration and licensing fees, commercial space rental costs, consulting and legal services fees, recruitment and insurance costs, as well as marketing and promotional costs. Hence, the importance of using the services of specialized companies such as Itqan Company, which provides comprehensive support to investors and helps them in every step of establishing their business, is highlighted.

Itqan Company works to provide customized consultations that suit the needs of different investors, helps them choose the type of commercial license appropriate for their business activity, and provides advice on the best locations for renting commercial spaces that meet their operational and financial requirements. The company also provides support in preparing and submitting all required documents, and facilitating obtaining the necessary approvals and permits from various government agencies.

Itqan plays a pivotal role in reducing costs by providing innovative and effective solutions that help improve efficiency and reduce excess expenses. The company contributes to developing financial and strategic plans that ensure achieving a balance between expenses and revenues, which enhances the sustainability of the business in the long term. Itqan also provides ongoing support to companies after establishment, through follow-up services, license renewal, and assistance in adapting to legal and regulatory changes in Dubai.

Establishing a company in Dubai represents a promising investment opportunity due to the supportive economic environment and advanced infrastructure. However, success requires a comprehensive understanding of all the costs associated with this process, and careful financial planning. Thanks to the extensive experience and integrated services provided by Itqan Company, investors can achieve their business goals with confidence and reassurance, and benefit from all the opportunities that Dubai offers as one of the most prominent commercial centers in the world. By cooperating with Itqan, the path to business success in Dubai becomes clearer and safer, allowing investors to focus on the growth and development of their business.

Frequently asked questions about the cost of establishing a company in Dubai

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