Start a business in Dubai with minimum investment
Dubai welcomes entrepreneurs to launch their dream business. But have you ever thought of the minimum investment required to start a business in Dubai?
The minimum investment depends on the type of business activity and type of jurisdiction. DED decides the investment based on the legal structure and business sector.
A detailed guide on how to start a business in Dubai with minimum investment, By understanding the nuances of Company Formation in Dubai, you can take the first step towards realizing your dream business in this vibrant and thriving market.
Why Dubai is a good choice for minimum investment business?
Dubai is an affordable business hub that requires minimal investment. Any foreigner can start a business because of its highly-cooperative legal regulations. While comparing other countries, UAE offers a flexible business setup environment for foreign nationals.
The strategic location support business activities related to transport and logistics.
In recent days, several SMEs and start-ups establish their presence due to reduced operating costs.
The business setup process is straightforward. Entrepreneurs have access to a wide range of company setup alternatives.
Mainland and free zone are the popular jurisdictions that ensure rapid business setup.
Generally, Dubai is the most-captivating destination for investors.
Starting a business in Dubai with minimum investment
The cost of business setup varies according to the location whether it’s on the free zone or mainland. Both locations offer cheap business setups but free zones offer more cost-effective options. Apart from the budget, the free zone offers several other benefits that boost your business globally. However, if you wish to work in the local market or start any contracts with the UAE government, consider the mainland. Based on the type and size of the firm, we can still accomplish a low-cost firm.
The Flybiz company formation team can help you choose the best business structure based on your budget and business needs.
Investment for companies located in the Mainland
The business setup cost in a mainland is finalized by many factors including the business type and number of permitted visas. According to the reports, the lowest investment for a service-based company is AED 18,500 on the mainland.
Investment for companies located in the free zone
The cost of establishing a company in the free zone is comparatively lesser than in the mainland. The business owners should spend a minimum of AED 12,900 for a business license with no office space and no immigration quota. The cost varies based on the free zone, type of business, number of visas, infrastructure needs, and other facilities.
Location and rent account for the minimal investment required for a business. But, there are a few other costs required to complete the business setup process,
Application fee
While setting up your company in a free zone, you have to pay a registration fee defined by the legal form. As per the estimation, the registration fee starts from AED 5000.
License fee
License is yet another crucial element to start your business in Dubai-free zones. The common licenses are service licenses, trade licenses, and production licenses. The license fee is an annual charge that starts from AED 12,900.
Is it affordable to start your business in Dubai?
Yes, it’s. Starting a business is easy and affordable by following the below procedures,
Initially, identify your business goals and align them with the offers of Freezone or the mainland. Thus, you can save money spent on other resources.
When it comes to Company Formation in Dubai and business setup in Dubai, Flybiz business setup consultants are your go-to solution. Our comprehensive packages encompass licensing, visas, documentation, and unwavering support throughout the process. Our team of professionals specializes in tailoring affordable packages that are designed to save you a substantial amount of money. By leveraging their expertise, you can navigate the complexities of starting a business in Dubai with ease, ensuring a smooth and cost-effective journey towards your entrepreneurial goals.
If you don’t need an office space don’t spend on it. Instead go for virtual offices, rent, or desk by hour. This helps you reduce the amount of office space and use it for core business development.
Documenting all the contracts and agreements is crucial to avoid future conflicts. With the help of local authorities notarize the papers such as MoA and AoA to save you from deviations.
Always verify the local sponsor or local service. A good local service agent like Flybiz helps you in establishing all the legal formalities at an affordable price. If not, you’re making the wrong choice.
Few low-investment business ideas in the UAE
Social media management
Today, businesses understand the value of social media. Business owners demand the need for social media management services. Thus, it’s a good business opportunity to assist entrepreneurs by managing their social media marketing. Obviously, it’s a low-investment business idea in Dubai.
Food business
The food and beverages sector offers vivid business opportunities including delivery, catering services, and more.
Food delivery is a quick and low-capital business setup idea. You may start the business by partnering with existing eateries. On the other hand, you can cook and deliver your own meals.
Catering service is also a low-cost idea where you can advertise through events, weddings, or business gatherings. If you could serve the best food with smart advertising, it’s a successful business idea.
A healthy snack vending machine is a creative low investment idea. Today, most people are health conscious and so, a healthy snack vending machine is a profitable business idea. By positioning the vending machine in areas like schools, gyms, or workplace connect more customers.
Online tutoring
People follow a busy lifestyle in Dubai. Parents don’t have enough time to focus on their kids’ education. If you have the knowledge and expertise to educate children, online tutoring is a low-investment business idea.
E-commerce business
eCommerce is a low-investment business idea. You can create customized stores like clothing, groceries, books, paintings, or any popular ideas that customers prefer. Use WooCommerce or the Shopify platform to create your online store.
Low-investment business setup with Flybiz business setup consultants in Dubai
Starting a business in Dubai is a lucrative idea, thanks to its business-friendly environment. Whether you’re a large corporation or an entrepreneur with a creative idea and limited investment, Dubai offers opportunities for all. If you have a unique business concept in mind, don’t hesitate to get in touch with Flybiz business setup consultants for expert guidance on Company Formation in Dubai.
Our highly efficient team of consultants and advisors will assist you every step of the way, ensuring a seamless process for business setup in Dubai. With minimum investment, we can help you establish a strong business presence in this investor’s paradise, the UAE. Lead the way with your innovative ideas and set yourself up for success in this thriving business hub.
