PRO Smart Business Setup in Dubai UAE

Low Cost Business Setup in Dubai, UAE in 2024

Are you looking for a business setup company in Dubai that can help you incorporate your company with low capital investment? At PRO Smart Business Services, we understand the importance of cost-effective solutions when it comes to setting up a business in Dubai. Let’s go through the process of how to start a low cost business setup in Dubai, including costs, tips, and how our expert business setup services in Dubai can assist you.

How Much Does it Cost to Start a Small Business in Dubai?

A budget-friendly, low-cost business license in Dubai can be obtained at the cost of AED 12,000*. This Dubai company registration cost includes a business license, one shareholder, a lifetime residency visa, and a flexi office lease.

The overall setup cost varies based on location, legal form, and business activities. However, here is a typical breakdown of what these costs usually look like:

  • Business license with 0 Visa starts from AED 6,500 per year (T&C apply)
  • Rentals depend on office space and facilities, which can go from 0 to the client’s requirements

Simple Steps for Low-Cost Business Setup in Dubai

The process of low-cost business setup in Dubai takes 1-2 weeks depending on the nature of the business activity. Engaging a business setup consultant can expedite the procedure. Here are the steps to follow:

Select Location

Selecting the right jurisdiction can significantly reduce costs. Free zones allow 100% ownership, while mainland entities enable access to local markets.

Difference between Mainland and Free Zone

CRITERIA

MAINLAND

FREE ZONE

1. Market Access

Unrestricted access to local and global markets

Focused on company control with no shareholding laws; specific zones cater to various business types

2. Regulation Authority

Regulated by the Department of Economic Development (DED)

Governed by respective free zone authorities

3. Permitted Activities

Over 2,000 business activities are allowed

General-purpose zones accept all activities; business-specific zones cater to specific categories

4. Visa Application

Freedom to apply for several visas at a low cost

Varies by zone regulations; some offer flexible visa options

5. Ideal for

Businesses requiring local market access and global reach; attractive to Indian investors

Companies not needing extensive exposure to the mainland market; suitable for low-cost business setups

6. Control of Company

Subject to UAE regulations and compliance

Provides 100% control with no mandatory shareholding laws

7. Flexibility

Subject to UAE regulations and potential restrictions

Offers flexibility in business activities and ownership

8. Cost Considerations

Lower visa costs and diverse business opportunities

May involve higher setup costs but provides greater control and flexibility

9. Workspace Options

Traditional office setup

Options for innovative/Flexi workplaces for cost-effective setups

10. Recommended for

Businesses with varied market needs, targeting local market extensively

Companies seeking complete control and flexibility, with less emphasis on mainland market presence

Choose Business Activities

Select the business activity as per your business requirements.

Select a Unique Trade Name

Finalise a business name that is not used by any other business. Choose a simple name that does not sound offensive or vulgar.

Get Initial Approvals

Work on documentation and get approvals from respected authorities. Use business setup services in uae to save costs on documentation and get quick approvals.

Obtain Trade License

Get your trade license. PRO Smart Business Services can assist with this and ensure you get your trade license without rejection or delays.

Apply for Visa

Apply for establishment cards and visas for shareholders & staff.

Additional Tips to Save Costs on Business Setup in UAE

  • If you do not need office space, opt for flexi-desks and save on rental costs (for Free Zone only).
  • Take a professional package for the entire business setup process, covering visas, etc., rather than a fragmented approach.
  • Ensure that all your documents, including contracts & permits, are legally compliant to avoid penalties.

What is the Best Business to Start in Dubai with Low Investment?

Some of the most lucrative ventures you can launch on a shoestring budget include:

  • Dropshipping and Ecommerce Stores
  • Consultancies
  • Digital Marketing Agencies
  • Human Resource Outsourcing
  • Educational Technology Platforms
  • Trading/General Trading

Low-Cost Business Setup in Dubai with PRO Smart Business Services

Starting a low cost business in the UAE has its challenges. To ensure a low-cost business setup with a low compliance cost, you need expert guidance.

Partnering with a top consultancy firm like PRO Smart Business Services can help cut costs and ensure smooth business setup and operations. We offer multiple package options to ensure you get the most done in the most affordable way. Our business setup services in Dubai include assistance with documentation, visas, virtual office solutions, and compliance while trying to keep the costs as low as possible.

Contact us today:

🌐 https://prosmartbusiness.com/

📞 +971503863519 | +971583880500 | +97143681333

📩 [email protected]

FAQs

  1. What is the average Dubai company registration cost? A budget-friendly, low-cost business license in Dubai can be obtained at the cost of AED 12,000* (T&C apply). This includes a business license, one shareholder, a lifetime residency visa, and a flexi office lease.
  2. How long does the process of low-cost business setup in Dubai take? The process of low-cost business setup in Dubai takes 2-4 weeks. Engaging a business setup consultant can expedite the procedure.
  3. What are the main differences between setting up a business in mainland Dubai and free zones? Mainland Dubai offers unrestricted access to local and global markets, while free zones provide 100% control with no mandatory shareholding laws. Free zones may involve higher setup costs but offer greater control and flexibility.
  4. What are some tips to save costs on business setup in UAE? Some tips to save costs on business setup in UAE include opting for flexi-desks instead of office space, considering virtual office addresses, taking a professional package for the entire business setup process, and ensuring legal compliance of all documents.
  5. How can PRO Smart Business Services help with low-cost business setup in Dubai? PRO Smart Business Services offers expert business setup services in Dubai, including assistance with documentation, visas, virtual office solutions, and compliance. We provide multiple package options to ensure you get the most done in the most affordable way while keeping the costs as low as possible.

 

At PRO Smart Business Services, we are committed to helping entrepreneurs and businesses set up their companies in Dubai at the lowest possible cost without compromising on quality. Contact us today to learn more about our business setup services in uae and how we can assist you in your journey towards a successful business in Dubai.



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