Understanding the Real Cost of Setting Up a Company in Dubai

Hello friends, I hope you're all doing well. Nowadays, in Dubai, social media is flooded with attractive offers for company formation, with prices like 5500 or 6700 AED. But is this enough to run a business? Not at all. Beyond the business license, there are numerous costs, including bank account fees. Don't be misled by low company formation prices. In the UK, forming a company costs around £100, in the US, $200-$500, and in India, around ₹15,000-₹20,000. But these amounts are just the beginning. I've been in this business for 11-12 years, helping entrepreneurs with accounting and auditing. I've seen companies struggle despite paying license fees, and others thrive with a solid business plan. Successful businesses plan carefully from the start. We also handle liquidations, often for those who chose the cheapest licensing options. Be cautious when selecting a company formation location and consultant. Elevate can assist with company formation, liquidation, and more. Thank you!



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