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How Much Does it Cost to Set Up a Limited Liability Company (LLC) in UAE
Often, budding entrepreneurs and seasoned business owners alike ask the question, “How much does it cost to set up a limited liability company in UAE?” In this blog, Choose UAE aims to delve into the costs associated with the establishment of a Limited Liability Company (LLC) within the two primary jurisdictions in the UAE: Dubai Mainland and the UAE Free Zone.
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How Much Does it Cost to Set Up a Limited Liability Company (LLC) in UAE
Dubai Mainland
Commencing operations in the Dubai Mainland can be a strategic move for those looking to have unrestricted access to the expansive UAE market. The initial costs for setting up an LLC in the Dubai Mainland start at AED 14,500. Mainland companies, also known as onshore companies, hold the advantage of gaining access to not only the local market but also beyond the borders of the UAE. Registration as a Mainland LLC requires the acquisition of a license from the Department of Economic Development (DED) of the respective emirate, solidifying your legal standing as a recognized business entity.
UAE Free Zone
Alternatively, if your primary concern is budget-friendliness, the UAE Free Zone might be a feasible solution, with starting costs as low as AED 6,500. This type of entity, referred to as a Free Zone Establishment (FZE) or Free Zone Company (FZC), is classified as a limited liability company. It functions under the rules and regulations of the Free Zone where it’s located. The myriad benefits offered by Free Zones, such as total foreign ownership, tax-free operations, and a smooth setup process, make them a compelling choice for both local and international investors.
How Can Choose UAE Help
At Choose UAE, we comprehend that the process of setting up an LLC goes beyond understanding the initial setup costs. Factors like operational expenditures, office rent, employee wages, marketing expenses, and more, all need to be considered. Our team at Choose UAE is dedicated to supporting you at every juncture of your entrepreneurial journey. From assisting you in choosing the right jurisdiction, to deciphering the cost structure and offering a detailed breakdown of all possible expenses, we endeavor to make your business setup process as seamless as possible. Reach out to us today.
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