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How Much Does it Cost to Open an LLC Company in Dubai
In the entrepreneurial realm, one question is commonly echoed: “How much does it cost to open an LLC company in Dubai?” This blog by Choose UAE will meticulously dissect the costs associated with the formation of a Limited Liability Company (LLC) within two key jurisdictions in Dubai: the Dubai Mainland and the Dubai Free Zone.
How Much Does it Cost to Open an LLC Company in Dubai
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Dubai Mainland
Choosing to establish an LLC in Dubai Mainland can prove to be a strategic investment for those who aim to have unrestricted access to the broad UAE market. The initial investment required for the formation of an LLC in the Dubai Mainland commences from AED 14,500. Known alternatively as onshore companies, mainland enterprises hold the distinctive advantage of a broad market reach, spanning not only local markets but also penetrating beyond UAE borders. To be recognized as a mainland LLC, it is compulsory to procure a license from the Department of Economic Development (DED) of the respective emirate.
Dubai Free Zone
Alternatively, the Dubai Free Zone presents an economical option for entrepreneurs with starting costs estimated to be around AED 12,500. Entities established here, termed as Free Zone Establishment (FZE) or Free Zone Company (FZC), are a type of limited liability company. These companies are formed and operate under the jurisdiction of the Free Zone in which they are housed. The Free Zone offers a spectrum of benefits such as complete foreign ownership, tax exemptions, and a streamlined business setup procedure. This makes it an enticing prospect for both domestic and global investors.
How Can Choose UAE Help
Here at Choose UAE, we fully understand that the process of establishing an LLC extends beyond the comprehension of initial setup costs. It’s crucial to consider several other factors such as operational expenses, office rental costs, wages, marketing expenses, and more. Our dedicated team at Choose UAE stands ready to guide you through each step of your entrepreneurial journey. From helping you select the most suitable jurisdiction to understanding the cost structures, we aim to provide you with a detailed breakdown of all potential expenses, thus ensuring a smooth and hassle-free business setup process. Reach out to us today to make your dream of setting up an LLC in Dubai a reality.
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