how to start a business in dubai with no money

Dubai is one of the best investment destinations in the world, thanks to its modern infrastructure and attractive tax system. However, many entrepreneurs and investors want to establish their companies at the lowest possible cost without compromising on the quality of services or compliance with legal requirements. In this article, we will review the methods and steps through which you can establish a company at the lowest cost in Dubai.

 

Factors Affecting the Cost of Starting a Business in Dubai

1. Type of Business

Choosing the right business directly affects the fees required to register a company. Simple or small businesses, such as consulting or e-commerce, are usually less expensive compared to other businesses such as manufacturing or contracting.

2. Location

Choosing a company’s location plays a major role in determining the overall cost. Free zones offer lower-cost options compared to operating within mainland Dubai, as they allow full ownership for foreigners and reduce the need for a local sponsor.

3. Company Size

The smaller the company and the fewer employees, the lower the costs associated with visas, insurance, and employee salaries.

 

Steps to Establish a Company at the Lowest Cost in Dubai

1. Choose the Business Activity Carefully

Start by determining the most suitable business activity based on your budget. Low-cost options can include:

  • E-commerce.
  • Professional Consulting.
  • Digital Marketing.

 

2. Choose a Suitable Free Zone

Free zones are the best option for establishing a company at low costs. Free zones offer several incentives, such as:

  • Tax exemptions.
  • 100% foreign ownership.
  • Simplified and fast procedures.

3. Reduce administrative costs

  • Choose a small workspace or use shared workspaces instead of renting a large office.
  • Use technology to reduce the need for a large number of employees.

4. Submit an electronic application for a license

Dubai provides electronic platforms for submitting business license applications, which saves time and money. The price of a license can start from 5,000 dirhams in some free zones.

5. Avoid unnecessary costs

  • Do not spend on non-essential services at the beginning.
  • Choose a flexible payment system for fees, if available.

 

Cheapest Free Zones to Set Up a Business in Dubai

1. Dubai South

2. Dubai Internet City

  • Excellent choice for digital and consulting businesses.
  • Fair set-up costs for small businesses.

3. Jebel Ali Free Zone (JAFZA)

  • Ideal for trade, import and export.
  • Offers easy solutions for small businesses.

 

Advantages of Starting a Small Business in Dubai

Starting a small business in Dubai comes with many advantages, including:

  • Dubai provides a flexible work environment that allows freelancers to work from anywhere, making it easier for them to manage their businesses efficiently. Freelancers can use shared offices or work remotely.

 

  • Dubai offers attractive tax exemptions, which reduces operating costs and increases profits, for example, there is no personal income tax on individuals.

 

  • The Dubai government provides quick and efficient procedures for establishing companies, allowing freelancers to start their business within a short period of time. Most procedures can be completed online, saving time and effort.

 

  • Dubai is a global business hub, allowing freelancers to access a wide network of clients and partners. They can benefit from trade events and exhibitions held periodically in the city.

 

  • The UAE government provides significant support for emerging businesses, including training programs and workshops. There are also business incubators that support entrepreneurs and provide them with the resources they need to grow.

Tdabeer Company for establishing companies in Dubai

Our company, Tdabeer Company, provides a variety of services to support investors and freelancers in Dubai, which include:

  • We provide comprehensive legal consultations to help you understand the local laws and procedures required to establish your company, and help you avoid common mistakes that may lead to delays or complications in the establishment process.
  • We handle all the procedures necessary to establish your company quickly and efficiently, without any hidden fees and with complete transparency. We help you prepare the required documents and deal with government agencies on your behalf.
  • We provide business development services to help you grow and expand in the UAE market. These services include marketing strategies, business plans, and market studies.
  • We provide technical and administrative support to ensure that your business runs smoothly. We help you manage daily operations and provide the necessary resources to achieve your business goals.

 

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