Setting up a business in Dubai at a low cost is a straightforward process that can be achieved in just in few steps. Many entrepreneurs wonder how they can establish a low-cost business in a Dubai free zone, given the city’s strategic location, business-friendly environment, and low tax regime.
To start a lowcost business setup in Dubai and obtaining a free zone license is the most efficient way.To provide you with all the details you require to set up your Low costbusiness with us, we require few details:
- What is the main activity of your business?
- How many shareholders will you have on this business license?
- Would you require visa/s for yourself and/or your employees? If yes, how many visas do you require?
- Would you require a physical facility? If yes, what kind? (co-working space, office, warehouse, or land)
Low-Cost Free Zone:
Different free zones offer special packages, making it challenging to determine the cheapest free zone. Contacting FreeZoneMarket allows you to stay informed about the current offers and identify the most cost-effective option.
How to start a low cost business in Dubai?
Starting a low-cost business in Dubai involves a straightforward process that can be broken down into several key steps. Here’s a simplified guide:
Define Your Business Activity:
Clearly identify the nature of your business activity. It is crucial to ensure alignment between your chosen activity and the specified business activity. Consulting with a company formation specialist is recommended to avoid fines and ensure compliance.
Choose a Company Name:
Adhere to the UAE’s naming regulations, avoiding offensive or blasphemous language. Ensure the chosen name is unique and available for registration. Working with a company formation expert can help navigate through naming regulations and requirements.
Apply for Your Business License:
Work with a company formation specialist to expedite the application process. Prepare necessary documents, including a completed application form, passport copy of the owner(s), and passport-size photos. This step is crucial for obtaining the required license efficiently.
Apply for Your Visa:
The visa application process for yourself, employees, and dependents is relatively straightforward. The number of visas depends on company size and personal income for dependent visas. This step ensures legal authorization for business operations.
Open a Corporate Bank Account:
Establish a corporate bank account in the UAE, a critical step that may be challenging for newcomers. A specialist can guide you through the process, ensuring compliance with anti-money laundering laws.
Cost of Business Setup:
The cost of setting up a business in Dubai varies based on company size and specific activities. Typically, the starting price is around AED 5,500.
At FreeZoneMarket, we offer to our client many options with budget with affordable packages in different emirates like Sharjah Free Zone, Dubai Free Zone and RAK Free Zone.
Working with FreeZoneMarket Business Setup Consultant
FreeZoneMarket powered by FZM Solutions, with over 12 years of experience, has assisted over 1,800 entrepreneurs in setting up businesses in Dubai. We offer comprehensive services, including mainland business setup, offshore company setup, free zone company setup, trade license issuance, and more. Partnering with FZM Solutions ensures a smooth and efficient process, allowing entrepreneurs to focus on their business while experts handle the complexities of company registration.
