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Dubai is one of the top business destinations in the world, offering lucrative opportunities for entrepreneurs and investors. However, forming a mainland company in Dubai can be expensive, especially for startups and small businesses. If you’re looking to reduce costs while establishing your business, here are some smart strategies to consider.

1. Choose the Right Business Activity and License

The type of business activity you choose directly impacts the cost of company formation. Some business activities require additional approvals and higher licensing fees. Before proceeding, research the most cost-effective options that align with your business goals.

2. Opt for a Shared or Virtual Office Space

One of the major costs of setting up a mainland company is renting office space. The Dubai Economic Department (DED) mandates that businesses have a physical office. However, choosing a shared office or virtual office solution can significantly cut rental costs while still meeting legal requirements.