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Starting a UAE business now 40.000 USD cheaper

bulbGulfnews tells us that those who are willing to start a business (LLC, Limited liability company), do not have to cough op the 150.000 AED (40.000 USD). With the current economic situation, this is not a bad step at all.

More than 80 % of businesses in the UAE are LLC’s, so it’s a good step. Often, entrepreneurs were put off by setting up a business in the UAE, because of it’s rules and monetary requirements.

I hope this will result in a growth of entrepreneurship in the UAE.

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Michael Hendrickx

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2 responses to “Starting a UAE business now 40.000 USD cheaper”

  1. jassica masson Avatar
    jassica masson

    its looks good
    i must say that its an opportunity for those who believe that the can recover their cost and the cost is not so big

    its a good opportunity for new entrants

  2. jassica masson Avatar
    jassica masson

    i must say that its an opportunity for those who believe that the can recover their cost and the cost is not so big

    its a good opportunity for new entrants

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