When it comes to minimum investment to start a business, there is no other place in the world other than Dubai that offers the perfect fit. Dubai will always be the first choice for any investor due to the growing business infrastructure, low-cost company setup, low taxation, and more.

The minimum investment to start a business in Dubai is approx. AED 11,900 for a Free Zone company. There are a host of benefits to establishing a business in Dubai. Well, the minimum investment requirement is based on the nature of the business activity, company location, (such as Free Zone or Mainland) office furnishing, rental expenses, and more.

What is the minimum investment to start a business in UAE?

In UAE, there are many businesses that can be started with a minimum investment. The cost will increase as the investor require a visa and office space. The foreign investor can start a business in the Mainland of UAE or the Free Zones. A few of the business activities such as retail, trading, real estate, tutoring, etc., are popular in the mainland of UAE.

AED 5,500 is the minimum investment to start a business in the UAE for a Free Zone company. The cost will increase if you require a visa and office space. Even though there are many options available in UAE, most of global investors choose Dubai for setting up their business.

For a Mainland Company in Dubai, the minimum investment to start a business will be around AED 30,000 for an LLC Company. The Entrepreneur gets a one-year trade license to operate the business and gain a significant market presence.

They can subsequently renew the trade license or upgrade the business package to multiple visa quotas with Office space as per the requirements. Similarly, for the investors to obtain a free zone trade license with office space and visa quota, the minimum investment for the company in Dubai is around AED 17,900.

For the Office Space requirements, there are FlexiDesk, Shared Offices, Executive Offices, and more at varying rates. Investors can choose the required office space depending on their specific business requirements and budget.

Aurion will assist investors in choosing the right company package with the minimum investment required for starting a business in Dubai.

Business with minimum Investments to start in Dubai

There are several businesses to start in Dubai with minimum investment. These businesses can be set up with minimum budget as capital and there will be close to zero additional requirements.  So, the following list of businesses will have a minimum investment capital to start.

1. eCommerce Shopping

eCommerce is a growing business sector in the UAE. There are many benefits to starting an e-commerce company in the region. Drop shipping will help to keep the cost low for e-commerce companies as they are not physically storing goods but taking orders from the customer and directly arranging manufacturer to send the items.

So, there are several ways e-commerce will be helpful the consumers. It will also encourage more online shopping.

2. Beauty Salon

Beauty Salon Opening a beauty salon is a cost-effective business in Dubai. There is an immense demand for beauty salons in the UAE. Under each residential building, you can find a beauty salon in the UAE. It is one of the businesses that can be started with a minimum investment.

3. Property Management

Property Management is another sector that requires minimum investment requirements. They do not own most properties, they have to oversee only. This is a low-cost investment in the UAE.

4. Home Baking

Home baking is another minimum investment business in Dubai that anybody can easily start. There is much demand for homemade products in Dubai.  Many ex-pats are staying away from their families in the region,

So, home-based food always holds a special place in everyone’s heart. There is immense potential for a home baking business in the UAE.

5. Tour Agency

Tour Agency is another promising business in UE that can be started with a minimum investment. There are several opportunities for a tour company in UAE. They can get corporate bookings and plan for large tours.

Also, they can coordinate both national and international tours. Tour agencies can operate remotely without an office initially and then scale up as required. So, a tour agency is a business that can be started at a minimum investment in Dubai.

6. Event Management

The event management company is one of the best businesses that can be started at a minimum investment. There are many opportunities for an event management company in the UAE. All around the year, there are various events in UAE such as large-scale musical concerts, movie trailer launches, Award shows, corporate events, and more.

An Event management company can be remotely set up initially and coordinate the activities through online, via email and meetings on the client side. It can be set up at a minimum investment in the UAE.

7. Garment Trading

Garment Trading is a prospective business idea in the UAE as there is a growing demand in the region for garments. Also, the UAE exports garments to countries such as Europe and the US.

Garments can be either fetched from local suppliers or internationally from markets such as China, Turkey, India, Pakistan, Bangladesh, Vietnam, and more.

So, entrepreneurs can easily start a garment trading company in Dubai and successfully scale up their business. Garment trading is one of those businesses that require a minimum investment to start.

8. Marketing Consultancy

Marketing Consultancy is another business category that requires a minimum investment to start in Dubai. It can be operated from a cafe or your home. There is no mandatory requirement to have a physical office in the UAE.

There is an enormous business opportunity for a marketing consultancy in the UAE. They help several companies to scale up their marketing efforts. They will advise the company’s decision-makers to apply strategies that will help grow their business.

So, several small businesses in the UAE can be started at a minimum investment. These can be easily scaled up to larger businesses as per requirement. Our team will guide you to set up your company in UAE at a minimum investment.

Foreign investors can easily set up their business in the UAE at minimum investment. They can gain International business presence and growth with minimum investment in Dubai. UAE has it all for businesses and investors to work, live, and settle for a long time peacefully and profitably.

To know more about the Minimum investment to start a business in Dubai and Company Formation in Dubai, UAE, talk to our expert Business Consultants right away!

The post What is the minimum investment to start a business in Dubai? appeared first on AURION.

Starting a Company in UAE is a prospective business investment for investors. The Country has a stable government, top-class infrastructure, and favorable taxation policies. Additionally, the Free Zone infrastructure, improved lifestyle, and security make it investor-friendly.

Step by step procedures to start a Company in UAE Free Trade Zones

The Free Trade Zones play a vital role in supporting foreign investors with their business requirements. There are more than 45 Free Trade Zones in UAE. Often, it is a challenge for investors to choose the right one for their business.

AURION will assist the investors with the right Free Zone and company formation package. Here are a few tips for foreign investors to start a company in UAE in the most comfortable way. Starting a company in UAE is best conducted through a Business Consultant like AURION.

The team will handle all the specific tasks related to company formation. subsequently, the Agents will register the company in the desired business jurisdiction in UAE. However, there are certain parameters the investor must consider while starting a company in UAE and they are the following.

1. Choose the Right Free Trade Zone

Select the Free Zone depending on the nature of the business activity. Businesses involved in global trading operations would be ideally located in a Free Zone that is close to the Airport or Seaport. It will help in easy transfer of goods.

Similarly, for an IT Consultancy, being in a Free Zone Community with startups and IT companies is an ideal choice. It helps to easily grow the business through networking and collaboration.

Also, there are multiple factors involved in choosing the Free Zones. It could be the location of the Free Zone, budget constraints, office space facilities, availability of desired business activity, etc.

2. Select the Right Business Activity

Selecting the right business activity for the trade license is an important step in starting a company in UAE. Business activities selected are listed in the Trade License of the company.

The company is legally entitled to conduct trade as per the selected business activities. Hence, the company owners must choose the business activities based on their exact requirements. it will avoid the occurrence of any challenges at a later stage.

Depending on the various business operations indulged by the entrepreneur, they must choose the right business activities for the company. Aurion will assist in selecting the required business activities based on the entrepreneur business category.

3. Obtain Special Clearance ( if any)

For certain business activities, there is a requirement for special clearance from the authorities. They are mainly, from the Free Zone Authority, Municipality, and the specific Government Department.

The investors must be aware of the business activities that require additional approvals. AURION will assist in obtaining the special approvals from the required authorities.

Special Approvals for certain businesses are mandatory to process the trade license in UAE. It will help in the smooth functioning of the business at a later stage.

4. Take an Office Space

Taking an office space along with the trade license is beneficial for the investor for many reasons. The opening of a corporate bank account in the UAE will be easy. Having a physical office space and tenancy contract ready will be an add-on for quick KYC clearance for banks.

Also, having an office space will add up to the credibility. Additionally, it enables to hire more staff and operate the business efficiently from the selected Free Zones. The Free Zones have a wide variety of office spaces in varying sizes.

Warehouses are available for investors to choose from depending on their business requirements. The investors can lease the right office space and warehouse facility at affordable rates in UAE.  It varies based on the budget, requirement, nature of the business activities, etc.

5. Get all the Company Documents

Ensure all the process of setting up a company is followed the right way. Deliver the company documents to the investors soon after the issuance of the Trade License.  It includes – Trade License, Memorandum of Association, Company Stamp, and Special Clearances (if any) 

Our dedicated PRO Agents will ensure the investors receive all the company documents at the earliest. It will enable them to start operating the business legally in UAE immediately.

Company Documents are important for the smooth functioning of the business. In many instances, the Investors will require to produce them in front of various Government Authorities, suppliers, business partners, etc.

6. Apply for UAE Residence Visa & Corporate Bank Account

Once the investor receives the Trade License, they can proceed to apply for the UAE Residence visa for themselves under the company.

They are also eligible for sponsoring dependents and staff depending on the visa quota available for the company. The investors can also open a corporate bank account in UAE for the company with the obtained company documents.

In conclusion, there are a few essential components to consider while setting up a company in the UAE for entrepreneurs. There are numerous choices available for setting up a company in UAE. Hence, investors must make informed decisions by consulting with an expert Business Consultant for choosing the right option for their company.

To know more about register a company in UAE from India or setup a company for UK Citizens, talk to our expert Business Consultants right away!

Contact Us: Aurion Business Consultants

The post How to Start a Company in UAE? appeared first on AURION.