Dubai, the thriving business hub of the United Arab Emirates (UAE), attracts entrepreneurs from around the world due to its strategic location, vibrant economy, and business-friendly environment. If you are considering starting a small business in Dubai, one of the essential requirements is obtaining a business license. The cost of a small business license in Dubai can vary based on several factors, including the business activity, the location, and the type of license required. In this article, we will explore the typical costs associated with obtaining a small business license in Dubai. Find here useful information to obtain business license in IFZA.
Free zone license costs:
Dubai offers several free zones that cater to small businesses, providing various incentives such as 100% foreign ownership, tax exemptions, and simplified business setup processes. Free zone license costs typically include a one-time setup fee and annual renewal fees. Depending on the free zone and business activity, the total cost for a small business license in a free zone can range from AED 15,000 to AED 25,000 per year.
Mainland license costs:
If you prefer to operate your small business outside of a free zone, you can obtain a mainland license. Mainland licenses may require additional documentation and approvals from government authorities. The cost of a mainland license can vary based on the business activity and location. Mainland license fees can range from AED 10,000 to AED 25,000 per year.
Additional costs:
In addition to the license fees, there may be other costs associated with setting up a small business in Dubai. These costs may include office space rental, visa processing fees for employees, notarization, and translation of documents, and other incidental expenses. It is essential to budget for these additional costs to ensure a smooth business setup process.
Professional services costs:
Many entrepreneurs choose to seek the assistance of business setup consultants or PRO (Public Relations Officer) services to navigate the business setup process. These professional services may incur additional fees, but they can streamline the process and ensure compliance with all legal requirements.
The cost of a small business license in Dubai can vary depending on several factors, including the business activity, the location, and the type of license required. It is essential to conduct thorough research and seek advice from experts to understand the specific costs associated with your business setup.