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There is no citizenship, residence permit or visa requirement for those who want to establish a company in Dubai. Both local and foreign individuals can establish a company in Dubai. The basic document required for the establishment of a company is a passport. The company must have a physical registered address in Dubai.
The cost of setting up a company in Dubai is approximately $5,000. These costs include the trade license fee, residence permit application fee, annual trade license registration fee and company formation card fee.