business setup cost in abu dhabi
UAE is without a doubt one of the ideal destinations for investors and entrepreneurs in the world. With a rapidly growing economy and friendly behaviour towards new entrepreneurs, UAE is attracting People, especially foreigners who are looking to set up their business in the UAE. Being the capital of UAE, Abu Dhabi offers many opportunities for whoever wants to start a business there. With a seamless registration process and welcoming attitude towards new entrepreneurs, Abu Dhabi certainly can be one of the ideal places in the world to set up your dream business.
In a world where everything comes at a cost, establishing your business is no exception. However, what matters is what you pay for is really worth or not in the end. And in a vibrant economy like Abu Dhabi, it can be really worth it. You have the option to set up your business either in the mainland area or in any of the free zones in the emirate. So it's important to choose the area according to the type of business you are intending to set up. Also, the type of business licence you will need is another crucial factor. The government of Abu Dhabi offers various business licences such as commercial licence, industrial licence, tourism licence, etc. So obtaining the right licence is important.
There are initial costs and ongoing costs with setting up your business in Abu Dhabi such as licence fee, legal documentation fee, operational expenses, etc. you must be seeking to know how much money you will have to spend to make your dream business come true in Abu Dhabi. Well, it can vary widely as it depends on your business nature, size of your business, number of employees, etc.
However, the average cost of setting up a business in Abu Dhabi Mainland can vary from 20000 to 30000 AED for a two year period which covers government fees, company registration fees and licence fees. Moreover, there are other expenses to consider such as office space rent, memorandum of association documentation fees and visa expenses if you are an international entrepreneur. Then there are annual registration fees and business licence renewal fees which are required to maintain a company’s legal status.
All the costs can vary from emirate to emirate in UAE and apart from the business setup cost in Abu Dhabi, we should consider the diverse economy and vast opportunities Abu Dhabi offers for any kind of business. Furthermore, with planned investment and right strategies you can begin your business journey and run it successfully in Abu Dhabi’s thriving economy. And we are here to help you achieve that by assisting you in every step to make your dream come true. Contact us today and let us know the plan of your business to get an idea of how much cost will occur so you can start planning investing accordingly and as early as possible.