Dubai is a massive business zone for local and. international investors. Low cost business setup in Dubai helps investors to start business easily. Visa and work permit is easier in Dubai, get by 7 days.
UAE, in Dubai, foreigners can setup business within 15 days in mainland and tax free zone. 100 percent shares are allowed by foreigners to own shares of the company.
Cost of LLC business setup AED 18000 and add extra AED 6000 if director's visa is required. So, estimated cost of business setup and work permit is AED 30000 maximum.
No local sponsor is required if business is situated in tax free zone. And being free zone area no tax is applied. But GST (VAT)5 percent is payable for all companies.
Minimum one shareholder is required to setup a business. Banks are flexible for foreign entities to open business account.
Disadvantage is living cost is bit higher than other developed cities. Anyway welcome to Dubai as your home country to start a business through S & F CONSULTING FIRM LIMITED.
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