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"Starting a business isn’t difficult. However, your initial investment will highly depend on how much working capital you wish to maintain once you take care of all the setup costs for your business. Below are some of the general costs that most, if not all, business will have to consider while setting up a business in the UAE:
1. Licensing Costs – 11,000 AED to 20,000 AED
2. Sponsor Fee/ Costs – 10,000 AED to 15,000 AED
3. Visa Costs – 6,000 AED
4. Business Centre Costs (1 year) – 20,000 AED to 25,000 AED
The above are the costs for an expat to setup a business in the UAE. UAE Nationals have access to various rebates and perks offered by the government. The above is also on the assumption that you do not hire any staff. Considering all the costs on a higher side, we can assume you would have to spend around 66,000 AED to just register your business. You will then have the remaining capital left for your operational expenses.
So in theory if you wish to start a business in the UAE with 100,000 AED you will need to assume that you will spend about 60,000 AED of the amount on setting up your company and hence, look for business ventures that can run with an operating expense of 40,000 AED or less. Even if your business does breakeven or makes a profit in the first year you will need to reinvest a certain sum in the second year to ensure your survival.
It is a good idea to consult with a business consultant. Business consultants can help you evaluate this decision and provide you with options to use the amount optimally. They can either provide you with ideas or opportunities for investment, or help flesh out a business plan based on your idea and the amount that you have to work with. They can also help you with all the inputs required to develop not just your business plan but your business too. We at Centurion Consulting LLC, based in UAE, offer various advisory services like Business Consulting and Restructuring, Market Research, Feasibility study, Business Plan with an investor deck, Market entry strategy, Regulatory compliance study, Financial modelling and more for SME’s and Start-ups in the MENA region."
What else can I help you with?
How much minimum money is required to start a stationery business?
about £10000
Can someone write the business plan and help me to start up the small business in Dubai?
Start Your Own Business In Dubai Key steps to start a business Determine the type of legal entity. Choose a trade name. Apply for a business licence. Choose an office space. Get pre-approvals, register your business and get your licence
You want to begin a taxi business in Dubai guide you what you have to do and how much money you have to invest?
I want to start a taxi business in Dubai.How can i do that?
How much money do you start out with in Life?
10000 dollars
Is it a good year to invest or start a business in Dubai in 2025?
Certainly, with each year passing, Dubai's business opportunities in increasing significantly. 2025 will be the year for online businesses specially ecommerce trade licenses and AI empowered business ideas, learn how you can start business in Dubai in 2025 here: companysetup.ae/how-to-start-an-online-business-in-dubai-uae/
Is it easy to start a business in Dubai?
Setting up a business in Dubai is not a challenge as UAE has a formed legal structure with liberal policies. It also has a good support system for starting any business. You can get a lot of useful information through PurelyBusiness website, a resource store house of important links for starting a business.
What does it take to start a business in Dubai?
Setting up a business is a daunting task, no matter whether it's in Dubai or any other country. This is because every country has its own rules and regulations. And so partnering with a company like You First- The Business Setup Company can be an ideal solution!
If a number starts with 044 how does it start in Dubai?
Dubai code is 04 within the UAE; if you call a Dubai number from abroad you should dial +9714(number without zero) Nasser Hamdan
What kind of business should you start in India?
You should start a spice selling or herb selling business in India.
Why should you start a business?
you should start a business to earn isncome to buy whatever you need. When you start your own business and work for what you need there will be no need to steal rob or kill to get anything!!!
Do I need a business plan to start a franchise?
You should have a business plan as it will greatly help you in starting a franchise. You should start a small business first and then expand to a franchise.
What business should i start for under 10000?
If you are an expert or have some business skills then you can start a successful business. There are different business categories like you can start a clothing business or a small food restaurant. Its good to start a business in which you have some skills suppose you are an expert hair stylist then you can start your own business similarly if you have cooking skills then its good to start food business. Answer If you keep your day job for survival money, $10 K might help you get started in a service providing company. For manufacturing an invention, you would need much more. Write a business plan before you get started and then find someone who knows the ropes to teach you the right decisions. There is an organization called SCORE that has helped many.
