Free Zones in and Approximately Dubai

Dubai Department of Financial Development sets the lowest amount requirements to set up a business in Dubai. The Variables that influence cost of setting up a business in Dubai are business behavior, legal type, number of associates etc. You have to pay the set fee to obtain a business license and the local support. Local sponsors can accuse you anywhere among AED 10,000 and upwards per year for their services. To avoid paying fees for a local support, you can think the option of opening your business in one of the many free zones in and approximately Dubai, where your sponsor will be the free zone leading body and they usually charge you service cost for visas, office lease, etc instead of a heavy annual fee. To set up a local corporation that is a Limited Liability Company (LLC) you must offer a minimum share capital of AED 300,000 divided into equivalent shares that have a minimum face price of AED 1,000 per share. A local company can be recognized in Dubai provided its sponsor, a local of UAE holds at least 51% of the company’s shares. Another option is to start the business as a expert licensed company based on the knowledge of the person involved.  

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