In today’s contemporary world it can be seen that Dubai has developed itself as one of the largest hubs for doing business across the east and west. All around the world, a variety of companies are trying their best to utilize the UAE’s strategic and crucial position related to trade and development.
A variety of businessmen are trying to set up their business in the mainland. This is because mainland company formation in Dubai has been offering a wide range of benefits to a large range of business communities every now and then. A wide range of businesses are even taking advantage of PRO services Dubai. It is due to such services that a specific company is able to gain help in a variety of services related to the clearing of professional documents.
Dubai has been divided into two types of zones. So, the cost of doing a particular business mainly depends on the area that is being chosen by an individual.
This sort of zone has proven to be beneficial for those businessmen who are in their initial stages and they are looking for those ways by which they can cut down additional costs incurred by their business. There are a wide range of free-zones, so the cost required to set up a particular business remains the same.
Several other costs which are faced by businessmen in free-zone are related to the registration of a company’s name. But such a fee is to be paid by a company only once and same is true for the fees related to a particular company’s registration. One also has to give their specific businesses yearly license fee. This is to be paid to a nation’s government and it is essential too.
One has to pay all the costs which have been mentioned above if they plan to set up their business in mainland Dubai. But setting up a business here proves to be beneficial for a particular firm because one can get in touch with government projects directly. Even if one is planning to open their company’s particular branch in Dubai mainland then they have to bare the fees for its maintenance abroad.
These are some of the costs that one has to bear when they plan to set up their business in free-zone or mainland Dubai.