What capital for business setup in Dubai?
Key Takeaways:
- The concept of “minimum share capital” for a Business setup in Dubai has largely evolved, with many jurisdictions, particularly free zones, no longer requiring a large upfront deposit.
- Mainland companies (LLCs) generally have no strict minimum share capital requirement, but a declared capital is still part of the Memorandum of Association (MOA).
- Free zones vary; some, like Meydan Free Zone in Dubai, may have a declared minimum (e.g., AED 100,000) but often don’t require it to be deposited upfront.
- The true “capital” needed is not just the declared share capital but the overall startup and operational costs, including license fees, office rent, visa costs, and initial working capital.
- Specialized activities, such as financial services or real estate development, may still have higher mandatory capital requirements.
The question “What capital for Business setup in Dubai?” is one of the most frequently asked by aspiring entrepreneurs. Historically, …
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