Starting your own business in one of Dubai Free Zones may be one of the biggest decisions you'll ever make. That's why it's vital that you go into the process with your eyes open and are fully aware of specifically what you're signing up for.
With that in mind, here are five key questions to ask your business setup consultant before signing on the dotted line.
Is definitely this the total price? Many companies will pull you in with a headline license price, before tagging on hidden fees further down the line. Before you commit, make sure you confirm that the price quoted now is the final price you'll pay, including medicals, Emirates ID's, and PRO fees.
Is your service provider flexible? Many authorities allow permit upgrades when points are going well, but refuse when you ask for a downgrade to save money when items are harder. Ensure you choose a provider that allows you this very important flexibility, as businesses often go through cycles.
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How much is definitely my renewal? It's a good idea to establish how much your annual renewal charges will end up being upfront. It's most advisable to look at your total cost over a 2 or 3 yr period when making comparisons.
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Do you receive ongoing support? To ensure you're getting value for money, it's best to check what level of after-sales services and ongoing business support, if any, is provided.
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What are my cancellation costs? It's such a positive time when you're setting up your business, so no one wants to consider a worst-case scenario. But it is important to also compare cancellation fees between suppliers to ensure that if you ever consider making an alter, the associated charges won't break the bank.
And with the lowest service costs in the region and licenses starting from just AED 5,750. We're self-confident you won't find a better deal anywhere else.
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So which direction should you move? Here you can require guidance from experts in business set up in UAE. Since I am the one but I do not have full details of your needs, I can give only a bit of generic suggestions.
So what is the bottom line? Dubai company formation cost is not affordable to any pocket but there is always a way to get the best out of it. Once we get the directions from you, we will do our best to find the perfect match for your needs.