In Dubai, yes.
Are there free zones with audit requirements for accounting, too?
It applies to all companies and no need to fill if you're not dealing with the related activities.I see ESR filling mentioned couple times...is it required even if you are not falling in those ESR categories? From my understanding it not applies to all companies?
Thank you, this is exactly what I meant.It completely depends on your business nature. If your business falls into related activities then you have file a notification(+report probably) otherwise you don't have to do anything(no notification or report).
Hi Fred, it does seem a bit low compared to prices you can see on the web. can you please explain how do you do it or if there is anything left outside?I doubt this is possible. I do generally agree that it makes better sense these days to incorporate in Dubai vs in smaller Emirates, not only because of banks, Dubai residence etc, also because of political situation, where all other 6 Emirates depend on Abu Dhabi immigration control policy (including foreign nationals quota) and foreign travel policy (ICA) vs Dubai (GDRFA).
However realistically speaking the running costs of proper business of €4000 a year could may relate to annual renewal of trade license only. Any basic accounting package which includes bookkeeping and VAT reporting is at least AED 12.000 per annum (these are standard market rates). That's already €7000. Then you have to add audited accounts (surely at least AED 1000+), rental office if required for the substance, ESR advise and filling etc. Legal fees for compliance review and ESR filling for very basic setups can easily reach over AED 4000.
It's everything included like mentioned on our website.Hi Fred, it does seem a bit low compared to prices you can see on the web. can you please explain how do you do it or if there is anything left outside?
I think they want company or professional email.Tried to register but when I inserted the email address it gave me this error
Hi Fred, can you send me a message, I don't have the ability. I have a couple of questions. Thank you.It's everything included like mentioned on our website.
If you need any calrification details just send me PM and we can have a call.
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