WHAT IS THE COST OF SETTING UP BUSINESS IN A FREE ZONE U.A.E.?

Please refer to Comparative Cost Chart of Free Zones.

WHAT IS THE PROCEDURE OF SETTING UP BUSINESS IN U.A.E.?

There are three stages:
Stage 1
You are required to provide four alternative NAMES for your business and get one approved. Also required is to get BUSINESS-ACTIVITY approval for which a Business-Plan is generally submitted to the authorities. For types of Documents and Information required by the authorities, please refer below.
Stage 2
Legalization process takes place wherein the authorities do authenticity of Passport, Bank Reference, and Bank Resolution etc. Stage 3
Allocation of Office Space, giving License, Medical Test, Visa process is done.
The above process are interlinked and are not very clearly distinguishable but are general guidelines to apprise you of the procedure in U.A.E. Business-Set-Up.

WHAT DOCUMENTS AND INFORMATION ARE REQUIRED TO SET UP BUSINESS IN U.A.E.?

• Your Passport Copy
• Profit of the Owner
• Bank reference Letter Original
• Board Resolution Original
• Business Plan
• In case of Branch office of a Foreign Company, Memorandum of Association and Certificate of Incorporation attested by U.A.E. embassy in that country.
• Ten Passport size Photographs
• Four Alternatives Names of proposed new business
• Details of Business Activities to be done
• Office space and number of Visas required
• Bank's Capital Adequacy Letter Original
• Application Form and Owner's Specimen Signature Form
• Appointment of Manager / Legal Representative

WHAT IS THE TIME REQUIRED TO SET-UP BUSINESS IN U.A.E. ?

Once all documents are submitted to the authorities, it could take two to three week's time.
Presently, the most difficult part in the whole process is to get the appropriate office space within one's budget due to to it's acute shortage. Without the office space, authorities do not allow to commence business. Nevertheless, these difficulties can be overcome.

WHAT IS THE AVERAGE COST OF LIVING FOR A PERSON IN U.A.E.?

PER MONTH (APPROXIMATIONS VALID FOR 2007 & 2008)

House Rent	USD	1,700	(Two/Three persons can join and share)
Transportation	USD	55	by Local Bus
Car Maintenance	USD	150
Food Expenses	USD	300
Utilities	USD	100
Miscellaneous	USD	275
Total	USD	2,580	(please adjust for Transportation / Car)

School Expenses per School going child would be around 250 USD per month. The above expenses are DUBAI approximations. Expenses in other emirates could be slightly lower.

WHAT IF I NEED FURTHER CONSULTATION ON BUSINESS SET-UP ?

The following options are available:

For instant reply you could either have telephonic consultation with our Manager (Dubai, U.A.E. is GMT plus 4 Hours), or

Request us to prepare a detailed BUSINESS / FEASIBILITY REPORT suitable to your type of business.