The United Arab Emirates is not a country where you can start a business without having a certain start-up capital. Local banks are very reluctant to give loans to new businesses, especially if the company is registered in the FEZ and the activity is carried out without the involvement of a local sponsor.

Get ready for the fact that you need quite decent start-up capital (at least 50 thousand dollars), it should be enough for the company to become self-sufficient and start generating income. This takes from six months to 2 years, depending on many factors: the right direction for the business, your perseverance, good luck, etc.

Approximate calculations for opening a small office-type enterprise (consulting, online stores, mediation) in one of the free economic zones look like this:

Registration of a company, registration of all necessary papers and obtaining a license - about 10 thousand dollars.

Renting a room for a year with an area of ​​50-80 m2 - from 15 thousand dollars. You can get by with a smaller area if you do not need a large number of employees, since the number of resident visas issued to you directly depends on the working area.

Utilities, furniture, office equipment and other mandatory expenses - at least $5,000.

Resident visa - 2 thousand dollars. This expense item directly depends on the number of foreign employees you are going to hire.
If you are going to start a business in Dubai in the service sector (restaurants, spas, hotels, shops), then get ready for more substantial expenses.

Business in Dubai and the United Arab Emirates attracts the attention of a large number of entrepreneurs, businessmen and investors from all over the world, as there are no taxes on income, personal income and dividends in the UAE. According to the UAE Ministry of Economy, more than 560,000 business licenses have been issued in the Emirates over the past six months. The trend is that the number of issued licenses is growing by 3-5% per year.

The UAE market is very young, so many niches are free or there is little competition. At the same time, doing business in the United Arab Emirates has its own specifics, which you need to know before starting a business.

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