How much does it cost to start a Small Business in Dubai?
Answered on October 24,2023
The cost of a small business licence in Dubai can span from AED 5,500 to AED 30,000, depending on your requirements. Registering in a free zone is a popular and cost-effective option, as it offers tax-free incomes for personal and corporate accounts, the ability to repatriate 100% of your company’s profits and capital gains, access to an international market, and a choice of over 2,000 business activities in the UAE.
To kick off your small business in Dubai, you’ll need to collaborate with a business setup consultant. You’ll also need to choose a legal structure, register a unique business name, obtain visas for yourself and any dependents, and find the right rental space. Documents required for starting a small business include:
- Proof of ID and address for shareholders and directors
- Passport copies of you and any partners involved
- Company name confirmation
- Memorandum of Association (MOA)
- Articles of Association (AOA).
The overall cost of starting a small business in Dubai can range from a minimum of AED 8,000 to AED 10,000 (approx.), but bear in mind that several factors may increase the overall cost. To ensure a seamless setup process, your business setup consultant can help streamline the process of obtaining a trade licence and visa applications, as well as communicating with relevant departments and authorities.
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