Cheap Dubai Business Setup (Top Tips Before Starting)
Table of Contents
Introduction
Setting up a business in Dubai is an exciting step towards unlocking incredible opportunities. However, there’s one mistake that many people make when starting out, which can cost them time, money, and peace of mind. At GenZone, we’ve seen it all. We’ve worked with thousands of clients, and while most people who set up with us avoid this critical error, many others fall victim when choosing the wrong service provider. Let’s break it down so you can steer clear of these pitfalls.
The Temptation of Cheap Offers
You’ve probably come across advertisements promoting unbelievably low prices for company setup services in Dubai. It’s tempting, right? Why pay more when someone else is promising the same service at a fraction of the cost? Here’s the truth: there is always a reason why something is cheaper. Whether it’s cutting corners, hidden fees, or lack of proper guidance, those savings can quickly turn into massive expenses.
We’ve encountered countless stories of people who fell into this trap. Two examples from just this week highlight the real consequences of choosing the wrong consultants.
Here’s a video on the same topic by our co-founder, Kevin McKenzie.
Case Study 1: The Tale of Mr. H
Mr. H (not his real name) came to Dubai to invest in real estate. He planned to purchase properties worth up to 10 million AED. To make this possible, he needed a UAE residency visa and a business license. Instead of setting up with us, he chose a cheaper option he found online.
At first, everything seemed fine. His business license was issued quickly. However, when it came to his visa, things took a drastic turn. His visa application was rejected, rendering his license useless. Here’s what went wrong:
- The company he worked with registered his business in a different Emirate, not Dubai, as promised.
- They failed to anticipate that immigration might reject his visa due to peculiarities in his family’s background (e.g., grandparents’ place of birth).
- They provided poor communication and support, leaving Mr. H stranded.
As a result, Mr. H had to dissolve his company, a process that cost him thousands of dollars—more than the difference in setup fees between us and the cheaper provider. He also wasted money on flights, accommodations, and other expenses during his stay in Dubai.
Had he set up with GenZone, we would have:
- Properly assessed his eligibility for a visa upfront.
- Provided clear guidance and avoided unnecessary risks.
- Ensured a smooth and stress-free process.
Case Study 2: The Stuck Visitor
Another client, who we’ll call Ms. A, contacted us in a panic. She had flown into Dubai to set up her company and obtain a residency visa. Unfortunately, the consultants she hired:
- Registered her company in another Emirate without her knowledge.
- Failed to secure a timely appointment for her biometrics, a critical step for her residency process.
Because of this, Ms. A was stuck in Dubai during the busy holiday season. She couldn’t leave the country because her visa process was incomplete, and she was racking up unnecessary hotel and living expenses.
At GenZone, we’d have avoided this entirely by:
- Booking her biometrics appointment in advance using our insider connections.
- Providing a clear timeline for the process so she could plan her trip effectively.
- Offering hands-on support to ensure everything was handled promptly.
Why These Mistakes Happen
Dubai’s business setup market is competitive. Many companies rely on flashy ads and low prices to attract clients. Unfortunately, this often comes at the expense of quality and transparency. Here are some common issues:
- Lack of Experience: Many consultants don’t understand the nuances of UAE immigration and business regulations.
- Misleading Promises: Some firms advertise Dubai setup services but register businesses in other Emirates, which have lower fees but fewer benefits.
- Hidden Costs: The initial low price often doesn’t include essential services like visa applications, bank account setups, or document attestations.
- Poor Customer Support: Many firms leave clients to fend for themselves once the initial payment is made.
How GenZone Stands Out
At GenZone, we’ve built a reputation for delivering VIP service without the VIP price tag. Here’s what sets us apart:
- Transparent Pricing: We provide clear, upfront quotes with no hidden fees.
- Expert Guidance: Our team has years of experience setting up businesses in Dubai and across the UAE. We know what works and what doesn’t.
- Comprehensive Support: From securing your license to obtaining your Emirates ID and opening your bank account, we handle everything.
- Reliable Timelines: We plan your setup process down to the last detail so you can avoid unnecessary delays.
- Top-Notch Contacts: Our connections ensure that even during busy periods, like the holidays, we can get things done quickly.
The Real Cost of Cutting Corners
Let’s break down the hidden costs of choosing a cheap service provider:
- Dissolution Fees: If your company needs to be dissolved due to errors, it can cost thousands of dirhams.
- Missed Opportunities: Delays in obtaining a visa or bank account can derail your business plans.
- Travel Expenses: Extended stays in Dubai can rack up unnecessary costs for flights, hotels, and transportation.
- Stress and Time: Dealing with unresponsive or inexperienced consultants can be a nightmare.
In contrast, investing in a reliable service provider like GenZone ensures that your setup is done right the first time, saving you money and hassle in the long run.
What to Look for in a Consultant
When choosing a business setup consultant, keep these tips in mind:
- Check Reviews: Look for genuine client testimonials. Beware of companies with overly polished, generic reviews.
- Ask Questions: Don’t be afraid to ask about timelines, fees, and what’s included in the service.
- Verify Credentials: Ensure the firm is licensed and experienced in setting up businesses in Dubai.
- Look for Transparency: A trustworthy consultant will provide clear and honest answers to your questions.
- Consider Support Services: Beyond company registration, you may need help with visas, bank accounts, and more. Choose a firm that offers end-to-end support.
The GenZone Promise
- Listening to Your Needs: Every client is unique, and we tailor our services to your specific requirements.
- Delivering Excellence: From start to finish, we’re committed to providing the best possible experience.
- Building Long-Term Relationships: Many of our clients come back to us for additional services or recommend us to others.