Free-zone Company Set-up Cost

It is a onetime payment to free zone authorities at the start of registering a business. It differs based on company type.

It is a yearly payment to free zone authority by companies working under the UAE free zone. It is applicable to trading companies, industrial companies and the service industry. This is a one window procedure by a particular free zone jurisdiction.

Free zone rental cost is the earliest cost in free zone business set up with 100 percent ownership in the business. It provides flexibility, convenience, and control in renting a place in the free zone. Free zone rental cost can be yearly, monthly and on the lease of several years. Rental cost varies depending on free zone jurisdiction and company’s rental choice. Rental places can also state the number of obtained visas and business activities.

1. Smart desk
Smart desk services in the free zone are the least expensive way to start a company. As the name suggests is only a desk presenting your business. It is good for a part-time and freelance business.

2. Office unit
It represents small units representing smart office space. Office units cost depends on free zone jurisdiction.

3. Warehouse and permanent place
It represents a complete office space. It has a high cost but also has more benefits.

Share capital requirement is also included in company formation. Free Zone Company requires investment by sole proprietor and shareholders. It can be equal installments by all shareholders and a single installment. In Dubai and across the UAE, companies require minimum share capital to start a free zone business.

Free Zone Company enjoys limited employment visa facility depending on office space by the owner. Visa fee is a yearly fee and requires renewal every year. A new employee in the UAE has expenses including medical fitness certificate, residency stamp identity card fees, and visa fees.

Bank guarantee is also another expense for a free zone company. The company needs to show a fixed amount of guarantee for all employees.

To mandate all government procedures an agent is required in Free Zone Company. The agent is paid a fix annual amount for assistance in business set up. It is also an initial cost and paid every year.

• Notarization fee
• Name registration
• Insurance fees
• Premium bank account in UAE
• Police clearance
• Medical charges
• Shipping fee