best business in dubai

Low-Cost Business Setup in Dubai: Affordable Solutions for Entrepreneurs All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Dubai offers great opportunities for entrepreneurs and business owners to set up companies with low capital. Starting a business in Dubai comes with many benefits, such as world-class infrastructure and tax advantages. This guide will explain how to start a low-cost business in Dubai, including the process, costs, tips, and expert assistance. How Much Does It Cost to Start a Small Business in Dubai? You can get a budget-friendly business license in Dubai for as low as AED 12,000*. This covers the cost of a business license, a lifetime residency visa, and a flexi office lease with one shareholder. Although many people think business setup in Dubai is expensive, it’s not always true. Some free zones offer attractive packages at affordable rates like the one mentioned. The total cost of setting up a business depends on factors like location, legal form, and business activities. Here’s a typical breakdown: Business license with 0 visas starts from AED 6,500 per year Service provider fee starts from AED 2,000 Rentals depend on the office space and your requirements Setting up a company in a Free Zone is often cheaper because many Free Zones include flexi desk options in their packages. However, setting up on the mainland gives better market access but requires compliance with regulations. Steps for Low-Cost Business Setup in Dubai Setting up a low-cost business in Dubai typically takes 2-4 weeks and includes getting a business license, security approval, immigration registration, and a lifetime investor visa. Hiring a business setup consultant can help speed up the process. Here’s how you can set up a business on a budget: Select LocationChoosing the right jurisdiction can lower your costs. For example, you can start a general trading company in a Free Zone for as little as AED 12,000. Free zones offer 100% ownership, while mainland businesses provide better access to local markets. Choose Business ActivitiesPick the business activities that match your business goals. Select a Unique Trade NameChoose a business name that’s not already taken. Keep it simple and avoid offensive words. Get Initial ApprovalsSubmit your documents to the relevant authorities for approval. A business consultant can help you save on paperwork and get quick approvals. Obtain a Trade LicenseGetting a trade license is one of the most important steps. Tycoon Documents can assist you in getting the license smoothly. Apply for VisaApply for establishment cards and visas for shareholders and staff. Additional Tips to Save Costs on Business Setup in Dubai Here are a few more ways to save money: If you don’t need an office space, choose a flexi-desk option to save on rent. Consider using a virtual office address to lower costs. Opt for a professional package that covers all setup needs, like visas, to avoid paying for individual services. Make sure all your documents are legally compliant to avoid fines. Best Low-Investment Businesses in Dubai Several low-investment business ideas in Dubai can generate high returns: Dropshipping and E-commerceNo need for a warehouse; dropshipping allows you to sell products without maintaining stock. ConsultanciesIf you’re qualified, starting a consultancy in areas like business, legal, or IT can be a high-margin business with low setup costs. Digital Marketing AgenciesDigital marketing requires little investment and can be done remotely. Human Resource OutsourcingMany companies need help with recruitment, making HR outsourcing a profitable, low-cost business idea. Educational Technology PlatformsIf you have a strong team, you can launch an online education platform at a low cost. Trading/General TradingStarting a trading company in a Free Zone is also a low-cost option. Low-Cost Business Setup in Dubai with Tycoon Documents Starting a business in Dubai with a tight budget comes with challenges, especially when it comes to compliance. Tycoon Documents offers affordable packages to help you with documentation, visas, virtual offices, and compliance to keep costs low and the setup process smooth. Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

How to Start a Travel Agency in Dubai A Complete Guide to Setup, Costs, and Licenses All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Opening a travel agency in Dubai is an exciting opportunity, as the city attracts millions of tourists annually and serves as a business hub in the Middle East. If you’re passionate about venturing into the travel and tourism industry, here’s a guide on how to open a travel agency in Dubai. Steps to Open a Travel Agency in Dubai: Determine the Type of Travel Agency Decide whether you’ll focus on inbound tourism (handling tours within Dubai), outbound tourism (organizing tours outside Dubai), or operate as a general travel agent (issuing tickets and organizing events). Choose Your Company Name Select a business name that aligns with the nature of your services and start the registration process, ensuring the name adheres to Dubai’s naming conventions. Apply for a Tourism License A business license is mandatory, and you’ll need a tourism license specific to your travel-related activities. The tourism license is issued by the Department of Tourism and Commerce Marketing (DTCM). Rent Office Space Secure office space in Dubai and have the lease agreement attested by the Dubai Land Department. Register with Immigration and Labor Departments After obtaining your business license, register with the immigration and labor departments to acquire visas for investors, partners, and employees. Obtain Employee Visas Apply for visas at least 30 days before your employees are expected to arrive in Dubai. Open a Corporate Bank Account Set up a corporate bank account to handle your financial transactions and business activities. Costs of a Travel Agency License in Dubai The cost of obtaining a travel agency license can vary depending on the business structure and the number of owners. Here’s a breakdown of the estimated fees: Fee Types Amount in AED Initial Approval Fees 120 Trade Name Reservation Fees 620 Tasheel Fees for Initial Approval 345 Local Sponsor Agent Fees 350 Estimated License Cost with Foreign Trade Name 8960 Approval from Dubai Tourism Authority Fees 10000 Dubai Civil Aviation Approval Fees 6800 Company Immigration Card Fees 750 Local Service Agent & PRO Services 7000 Total Estimated Cost 34,945 AED These costs are based on a single-owner agency without an investor visa. Types of Tourism Licenses in Dubai: Travel Agent License: Allows you to issue tickets and act as an intermediary for travel-related services. Inbound Tourism License: Permits organizing tours and activities for tourists visiting Dubai. Outbound Tourism License: Allows the organization of travel and tours outside Dubai for Dubai-based clients. Requirements for Opening a Travel Agency: Documents Needed: Passport copies of investors (with resident/visit visas) Several business name options for reservation Office lease agreement Manager’s attested degree certificate Indemnity insurance policy Travel agent appointment contract NOC from Civil Aviation Authority Good conduct certificate from the police Advantages of Opening a Travel Agency in Dubai: Contribution to UAE’s GDP: The tourism industry contributes around 10% to the UAE’s GDP, with steady growth expected in the future. Tourism Growth: Dubai welcomes tourists from over 200 countries every year, thanks to its iconic landmarks and luxury accommodations. Tax-Free Environment: Visitors enjoy tax-free luxury, which makes Dubai a highly attractive destination for tourists. Why Tycoon Documents? Working with a trusted business setup consultancy like Tycoon Documents can streamline the process of opening your travel agency. Tycoon Documents provides expert guidance, helping you navigate legal, financial, and administrative processes with ease. By following these steps and working with experienced consultants, you can establish a thriving travel agency in Dubai’s ever-growing tourism sector. Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment

How to Start a Medical Equipment Trading Business in Dubai All Business Setup. Corporate PRO, VISA Related Services: Contact Tycoon Documents, Dubai Apply Online Contact us Why Start a Medical Equipment Business in Dubai?The medical equipment market in the UAE is rapidly growing, with projections estimating it will reach AED 5.6 billion by 2025, growing at 4.4% annually. This booming industry offers vast opportunities for investors and entrepreneurs. Cost of a Medical Equipment Trading License in Dubai The cost of obtaining a medical equipment trading license in Dubai ranges between AED 21,395 and AED 25,000, covering various government fees. Here’s a breakdown: Initial Approval: AED 120 Trade Name (English): AED 620 Tasheel Preapproval: AED 350 Tasheel MOA: AED 345 Trade License Fee: AED 11,960 Foreign Trade: AED 2,000 Corporate PRO Services: AED 6,000Total: AED 21,395 Key Benefits of Starting a Medical Equipment Trading Company in Dubai Ease of Business SetupDubai offers a streamlined process for business setup. Partnering with a business setup consultancy like Tycoon Documents ensures a hassle-free experience. 100% Foreign OwnershipDubai’s business policies allow international investors to own 100% of their business, making it highly attractive to foreign entrepreneurs. Tax ExemptionsInvestors enjoy tax benefits, including no personal, corporate, or income taxes, with only a 5% VAT on certain activities. Mainland and Free Zone OptionsEntrepreneurs can choose between establishing their business in the mainland or a free zone, each offering unique advantages. Easy Visa ProcessYou can easily obtain residency and employment visas, allowing you to live, work, and travel across the UAE. Documents Required for a Medical Equipment Trading Business in Dubai Trade name options Detailed company profile Passport copies of shareholders List of products to be manufactured or assembled Application form signed by an authorized company representative MOH approvals and ISO 13485 certification for each production site Legal manufacturing license Registration with the UAE Ministry of Health (MOH) Steps to Start Your Medical Equipment Trading Business in Dubai Form an LLC CompanyRegister your LLC with the Department of Economic Development (DED) and select the appropriate business activity. You must also register with Customs to obtain an import/export code. Register with the Ministry of Health (MOH)All medical products must be registered and approved by the MOH to ensure compliance with UAE regulations. Collaborate with a Local Distribution AgentPartner with a local agent registered with the MOH to handle product imports and distribution. Final Thoughts Dubai’s growing healthcare infrastructure and the supportive government policies make it an ideal place to start a medical equipment trading business. With the right guidance and support, the process is smooth and efficient. Tycoon Business Setup offers comprehensive assistance in getting your business off the ground. Call Us 24/7 971 56 993 1404/02 OR Get Your Consultation FREE! Request Appointment