cost of starting a business in dubai

The cost breakdown of starting a business in the UAE mainland: everything you need to know

If you're considering starting a business in the UAE mainland, it's important to understand the costs involved. 

Here's a breakdown of the costs you can expect when setting up a business in Dubai mainland:

Trade License: The cost of a trade license in Dubai mainland varies depending on the type of business activity you plan to conduct. The cost can range from AED 5,000 to AED 20,000 per year.

Office Space: Renting office space is a major cost factor when setting up a business in Dubai mainland. The cost of office space can vary depending on location, size, and amenities. A small office space can cost around AED 30,000 to AED 50,000 per year, while larger spaces can cost upwards of AED 100,000 per year.

Sponsorship: As a non-UAE national, you'll need a local sponsor to set up a business in Dubai mainland. The cost of sponsorship can vary, but typically ranges from AED 10,000 to AED 30,000 per year.

Legal and Government Fees: There are several legal and government fees associated with setting up a business in Dubai mainland. This includes fees for company registration, immigration, visa processing, and other administrative costs. These fees can range from AED 10,000 to AED 50,000.

Professional Services: You may need to hire professional services such as lawyers, accountants, and business consultants to help with the setup process. The cost of these services can vary, but typically range from AED 10,000 to AED 50,000.

Marketing and Advertising: Marketing and advertising costs can vary depending on the size and scope of your business. This can include costs for website development, social media marketing, and advertising campaigns. The cost of these services can range from AED 10,000 to AED 50,000.

Insurance: Insurance is an important consideration when setting up a business in Dubai mainland. The cost of insurance will depend on the type of coverage you need, but can range from AED 5,000 to AED 20,000 per year.

In conclusion, the cost of setting up a business in Dubai mainland can vary depending on several factors. However, with proper planning and budgeting, you can successfully start a business in the region. It's important to work with an experienced business setup consultant to navigate the process and ensure compliance with local laws and regulations.