Setting up an LLC in Dubai is one of the most popular routes for entrepreneurs because it allows access to the mainland market, flexibility in operations, and credibility with clients.
- Initial Costs: On average, the first-year setup ranges between AED 15,000 – AED 40,000 depending on the business activity, location (mainland vs. free zone), and number of visas required.
- Hidden/Ongoing Expenses: Many new business owners overlook recurring costs such as:
- License renewal fees (annual, often AED 8,000 – AED 15,000).
- Office space requirements (mandatory for mainland LLCs, even if it’s a flexi-desk).
- Visa and immigration costs for employees and dependents.
- Regulatory compliance fees, like accounting, VAT registration, and audit requirements.
- Bank account minimum balances and transaction charges.
- Other Considerations: Marketing, insurance, and professional services (legal, PRO, or advisory) can add to the ongoing budget.
Many entrepreneurs underestimate these “hidden” costs, which can impact cash flow if not planned for in advance. That’s why it’s crucial to get a clear breakdown before committing.
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