Starting and running a business in Dubai is an exciting journey, but keeping your costs under control is key to long-term success. Whether you’re just getting started or already up and running, here are five easy ways to save money and keep your business expenses in check.
Choosing the right business structure is a big deal when setting up in Dubai. Whether you go for a Free Zone, Mainland company, DIFC, ADGM, or Offshore setup, your choice will have a big impact on your initial costs and future expenses. Free Zones, for example, often offer tax perks and lower setup fees but might limit your ability to trade within the UAE. Take some time to figure out what’s best for your business needs, and consider chatting with a legal advisor to make sure you’re getting the most bang for your buck.
Dubai is packed with fantastic co-working spaces that offer affordable and flexible office solutions. Instead of locking yourself into a pricey lease for a permanent office, why not start out in a co-working space? These spaces not only save you money but also offer great networking opportunities and access to services that can help your business grow. As your business expands, you can always move to a dedicated office when the time is right.
When setting up your business, look for packages that offer more than just the basics. Comprehensive packages, like our VALUEMAX SETUP PACKAGE, bundle essential services like business formation, tax compliance, legal advice, and bookkeeping. Bundling these services together often ends up being cheaper than paying for them separately. Plus, having one provider handle everything can save you time, money, and a lot of headaches down the road.
Dubai’s business regulations can change, and staying on top of these changes can save you from expensive fines and penalties. Regular check-ins with a legal advisor can help you stay ahead of any new tax laws, visa rules, or other compliance requirements. Being proactive about these things can help you avoid unexpected costs and keep your business on solid ground..
Dubai’s tax environment is pretty friendly, but it’s still important to have a good tax strategy. Knowing how VAT and corporate taxes apply to your business can help you plan better and save more. Working with a tax consultant who knows the ins and outs of both UAE and international tax laws can help you find ways to minimize your tax bill and avoid any compliance slip-ups that could cost you.
Whether you’re an entrepreneur looking to expand your business or a freelancer seeking new opportunities, Dubai offers the ideal environment to secure your future in the post-Brexit world. However, without the right strategy, costs can quickly spiral out of control.
At MILLATH AND ASSOCIATES, we specialise in helping UK entrepreneurs navigate the complexities of formation of a company and growing a business in Dubai. Our VALUEMAX SETUP PACKAGE offers all-inclusive support, from business formation to ongoing legal compliance, ensuring you can focus on what matters most—growing your business.
BUSINESS AND LEGAL ADVISOR
As a Business and Legal Advisor in the UAE, I’m here to help entrepreneurs like you set up or expand their businesses in the best and most secure way. Let’s chat and see if Dubai is the right place for you to start and grow your business. Book an appointment with me today!
We will never share your information with anyoneThe VALUEMAX BUSINESS PACKAGE is designed specifically for UK entrepreneurs looking to establish a successful business in Dubai. Apart from reducing compliance and legal costs by upto 35% , our all-inclusive VALUEMAX BUSINESS PACKAGE covers every aspect of your Dubai business formation and ongoing compliance, giving you peace of mind from start to finish.
| ACTUAL COST OF SERVICES (For representational purposes only) | |
|---|---|
| Description of Service | Cost in USD |
| Business Formation (For representational purposes only) | $ 4,000.00 |
| Corporate Tax Registration (Mandatory Requirement, but one time cost) | $ 550.00 |
| Annual Auditing and Bookkeeping (Mandatory Requirement every year) | $ 2,700.00 per year |
| Preparation of essential Legal Documents in compliance with UAE Laws: (Essential Requirement, but one time cost) |
$ 4,000.00 |
| Legal Services (upto 10 hours and valid for one year) | $ 7,000.00 |
| ESTIMATED TOTAL COST | $ 18,250.00 |
| VALUEMAX SETUP PACKAGE (Upto 35% reduction in yearly compliance cost) | |
|---|---|
| Description of Service | Cost in USD |
| Business Formation | $ 1,000.00 |
| Corporate Tax Registration (Mandatory Requirement, but one time cost) | $ 200.00 |
| Annual Auditing and Bookkeeping (Mandatory Requirement) | $ 1500.00 per year |
| Preparation of essential Legal Documents in compliance with UAE Laws: (Essential Requirement, but one time cost) |
$ 2,500.00 |
| Legal Services (upto 10 hours and valid for one year) | $ 2,500.00 |
| ESTIMATED TOTAL COST | $ 13,400.00 |
*The reduced cost mentioned for the services in VALUEMAX SETUP PACKAGE shall be valid for only one year or two years only, as may selected at the time of selecting the package.
“As a UK entrepreneur, I was impressed by how Millath and Associates understood the unique challenges I faced and provided solutions that were both practical and efficient. They handled all the legal aspects and compliance, ensuring that I could focus on what I do best—growing my business. Their team’s professionalism and attention to detail were unmatched!”
“As a freelancer, I was concerned about navigating Dubai’s legal requirements. Millath and Associates provided clear, transparent guidance, and took care of all the paperwork. Their support gave me the peace of mind I needed to succeed.”
“I opted for the ValueMax Setup Package, and it was worth every penny. Millath and Associates provided a comprehensive service that covered all the legal, tax, and compliance requirements. The peace of mind I got knowing everything was handled by legal professionals was invaluable.”
Click on the ‘Book an Appointment with Me’ button, and answer basic questions, and schedule your convenient date and time for an appointment with me
This will help us in preparing a customised VALUEMAX SETUP PACKAGE for you.
We will then email you the customised VALUEMAX SETUP PACKAGE within the promised time and date.
Once you give go ahead, we will proceed with the process of setting up your business in Dubai, and join with you in your business journey in Dubai.
Led by Abid Millath, a registered legal advisor, the firm offers clients unparalleled legal guidance and assurance that their business formation and operations are handled by a qualified professional.
Millath and Associates provide end-to-end business setup services, from selecting the appropriate legal structure to securing licenses and setting up bank accounts, ensuring a seamless experience for clients.
The firm offers continuous support to ensure clients remain compliant with UAE regulations, helping them avoid legal pitfalls and stay updated on any changes in the law.
Specialising in assisting entrepreneurs from the UK and other countries, the firm offers customised solutions that cater to the specific needs and challenges faced by international clients looking to establish a business in the UAE.
Millath and Associates pride themselves on providing clear, transparent pricing with no hidden costs, allowing clients to budget effectively without any surprises.
The firm’s extensive knowledge of the UAE market enables them to offer strategic advice that not only ensures legal compliance but also positions clients for success in a competitive business environment.
Abid Millath and his team maintain regular communication with clients, offering ongoing support and staying attuned to their evolving business needs, which helps in providing timely and relevant legal advice.
The ValueMax Business Package is designed to provide maximum value by covering all aspects of business formation and ongoing compliance, tailored specifically for entrepreneurs looking for an all-inclusive service.
Understanding the nuances of Dubai’s business culture, the firm offers valuable guidance to help clients navigate the local environment effectively, ensuring they build strong relationships and operate smoothly.
Millath and Associates have built a robust network of local partners and contacts, providing clients with access to essential resources, whether they need opening bank account, office space, staffing, or specialised services.
The ValueMax Setup Package is an all-inclusive service designed to cover every aspect of starting your business in Dubai. It includes business registration, legal documentation, tax registration, compliance guidance, and ongoing legal support. We take care of everything, from securing the necessary permits to setting up your bank account, ensuring a smooth and hassle-free process.
The cost of the ValueMax Setup Package is tailored to your specific business needs. We provide transparent pricing with no hidden fees, so you'll know exactly what you're paying for upfront. During your initial consultation, we’ll provide a customized estimate based on the services required for your business.
The timeline for setting up a business in Dubai can vary depending on the specific requirements of your business. However, with our ValueMax Setup Package, we streamline the process, typically completing the business formation within 2 to 4 weeks. This includes obtaining all necessary permits, licenses, and registrations.
We specialize in setting up a wide range of businesses, from startups to large enterprises, as well as freelance operations. Whether you’re in tech, retail, consulting, or any other industry, our legal experts will guide you through the specific requirements for your business type in Dubai.
In many cases, you can start your business in Dubai without a physical office, especially if you opt for a free zone setup.
Our commitment doesn’t end with the business formation. The ValueMax Setup Package includes ongoing legal and compliance support to ensure your business remains compliant with Dubai’s regulations. This includes assistance with renewals, tax filings, and any legal updates that may affect your business.
At Millath and Associates, our registered legal advisor provide expert guidance at every step of the process. Unlike other consultants, we offer a fully transparent, all-inclusive package with no hidden costs. Our legal expertise ensures that your business is set up correctly from the start, giving you peace of mind and allowing you to focus on growing your business.
Absolutely! Our ValueMax Setup Package also caters to freelancers. We’ll help you obtain the necessary freelance permits, set up your legal structure, and ensure compliance with local regulations, so you can focus on your work without worrying about legal hassles.
Getting started is easy. Simply book a free consultation with one of our legal experts. We’ll discuss your business needs, provide a tailored plan, and guide you through the entire process, ensuring that your business is up and running smoothly.
Legal requirements vary depending on your business type and location (mainland, free zone, or offshore). Our legal advisor will walk you through everything you need, including licensing, permits, and compliance with UAE laws, ensuring that all requirements are met efficiently and correctly.
"Let Millath and Associates guide you through every step of your Dubai business journey.
Contact us today to learn more about how we can help you succeed."
Millath Legal FZ LLE
Registered office:
Fujairah - Creative Tower
P.O. Box 4422, Fujairah, UAE
Umm Hurair 2, Rashid Complex, Dubai
+971 56 591 7478
info@millathandassociates.com
Millath and Associates
Rahma Tower, Thrikkakara - 682021
Kochi, Kerala
+971 9846 13 1358 (Whatsapp call only)
info@millathandassociates.com