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The cost of business setup in UAE depends on the type of business you select and what commercial activities your company will engage in. Other factors include, business operations, license type, legal advisory, location and more. According to rules and regulations of the UAE Government, the projected cost of business setup in Dubai is approximate 10,000 USD, which includes all expenses for processing and attestations. Some expenses related to the legal agreements must be paid on a yearly basis, while others must only be paid once, at the time of business registration. Hiring professional consultants can help you set up your business in a cost-effective way.

There are two ways in which Investors can establish their business. One option is online in which investor setup their own online businesses and can complete a company formation application in 5 to 10 mins at most and register a ready-to-trade company on the same day. However, establishing a conventional business in UAE by the conventional means requires series of procedures and approvals from the Department of Economic Development and the other related authorities for official registration of the business. For the fulfilment of these steps the average timeline to setup a company takes around 10 working days.

The legal affairs have been prepared by the UAE authorities considering their ease and carried out the procedures and legal formalities in best possible ways for the investors but still there is confusion when it comes to registration of a business. Hence, you need legal assistance. It includes prepare their application documents, legal agreements with the stakeholders, yearly signed office rental agreements, government associated legal paperwork. Seeking permissions and other crucial papers till the trade licence is delivered, a legal specialist provides insight into the legalities because every legal form has benefits and drawbacks.