Thursday, 28 May 2020

How much does it cost to set up a company in Dubai Freezone?



Making the decision to set up a company in Dubai Freezone is one of the best decisions ever taken. The benefits of such a decision are many and tempting. Enjoying facilitated process, state of the art infrastructure with modern technology, and tax exemption up to 100% and foreign ownership up to 100% of the business. Moreover, 100% repatriation of capital and profits, and exclusion from all import and export duties. This sounds absolutely promising, in addition to, complete support from the respective designated jurisdiction or authority.

Trying to get an estimate to set up a company in one of Dubai Free zones, require understanding that, Dubai Government alters the setup cost every once in a while. So making the cost or the fees of the setup a fixed amount is highly unlikely. Therefore, it requires having an experienced consultant that is always well informed with the most recent changes.

Dubai is the modern times business hub of the world and the region, a fact that encourages many investors and entrepreneurs to set up their businesses on its lands, or set up a branch to guarantee their existence in the region with access to Asia, Africa, and Europe.

The setup cost changing factors may include but not limited to:

·         Freezone License
·         Rental Cost (Smart Desk, Office Units, Permanent Office / Warehouses)
·         Share Capital Requirements
·         Freezone Visa Fee
·         Bank Guarantee for Freezone
·         Registered Agent Fee
·         Name Approval
·         Notarization
·         Insurance expenses
·         Bank account in Dubai
·         Medical check
·         Police clearance
·         Emirates ID card

Further additional charges may vary depending on the nature of the business setup and the activity pursued.

IBG stalwart experts and professional consultants facilitate the entire process, break down the expenses, and help you make the best decisions for the Freezonebusiness setup in Dubai. Let’s choose the most suitable free zone for the desired business activity and get started today. Call us or visit our website.

5 comments:

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  2. The blog includes how to set up a business in Dubai and their factors like free zone visa fee, name approval, police clearance and notarization. Thanks for providing such a blog.
    business set up in Dubai

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