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Are you considering moving to Dubai UAE from Singapore? Now is the time to make that shift. As Dubai is rapidly transforming into a global hub for commerce, innovation, and investment, many entrepreneurs and established entities are choosing to move business from Singapore to Dubai, UAE. This progress is driven by the business-friendly policies, top-tier infrastructure, and the city’s broadening reach to global markets.
So, if you want to assess the benefits of business migration to Dubai, and are looking for an extensive comparison of cost of living in Dubai vs. Singapore, this guide will help you understand why Dubai can be a perfect destination for establishing and growing your business.
Dubai is developing progressively as a global economic hub in sectors like finance, logistics, and technology. The UAE expects to expand its GDP by 4% in Q1 2025 compared to the same period in 2024, by diverting its focus from the oil sector to other diversified industries, such as real estate, tourism, technology, and others. The predicted expansion indicates a thriving environment for different kinds of businesses and investments.
Singapore companies seeking expansion, low operational burdens, and constant access to global markets can choose Dubai as their business base for a plethora of reasons:
Here’s a structured comparison of the business environment in Dubai and Singapore:
Category | Singapore | Dubai |
Global Market Access | Southeast Asia and Asia-Pacific | Asia, Africa, and Europe, with access to over 2.2 billion consumers |
Ownership Structure | Restricted foreign ownership | 100% foreign ownership in free zones, and most sectors in the mainland |
Business Registration Process | Efficient, but time-consuming for industry-specific permits | Fast-track setup |
Corporate Tax Rate/ Personal Income Tax | 17% CT and up to 22% IT | 9% CT and 0% income tax |
Cost Transparency & Scalability | Transparent but sector-specific | Modular licensing structure with low-cost business setup |
Minimum Capital Requirement | SGD 1 (nominal capital allowed) | Varies by activity and jurisdiction |
Business Setup Time | Normally takes 3–7 working days | Usually takes 1–5 working days, depending on the type of license applied for |
Digital Government Services | Digital but sector-dependent | Fully integrated smart services for business tasks, including licensing, renewals, and immigration |
Talent and Workforce | Skilled workforce, including local workers and expats | Multinational and multilingual workforce |
Free Zones Availability | Limited options | 40+ specialized free zones |
Moving to Dubai UAE from Singapore can be a strategic move for those looking to enhance their global reach and establish their company in a business-friendly environment. To make this shift, all you need to do is follow a defined process that involves a series of steps:-
Choose a suitable jurisdiction for your company in Dubai. The options include the Mainland, Freezone, and Offshore, each offering unique advantages based on the business activities and ownership preferences. While many prefer free zones due to the full ownership and streamlined licensing structure, others choose the mainland for greater flexibility.
The primary types of licenses issued in Dubai include Commercial, Professional, and Industrial licenses. Business owners or investors from Singapore must ensure to choose the one that aligns with their current operations. This step is very crucial to ensure compliance with UAE regulations and a smooth business incorporation in the UAE.
Find a unique business name and reserve it with the Department of Economy and Tourism (DET) or the relevant authority. Further, obtain initial approval to proceed with relocation and setup.
Prepare the necessary documents to register your foreign company with the UAE authorities. The key requisites include passport copies of the business owner and partners, the business plan, board resolution, and the Certificate of Incorporation of the Singapore business.
Working with the business setup consultants at Dubiz can help you navigate local regulations, legal requirements, and government procedures, ensuring a seamless business relocation to Dubai while maintaining compliance and minimizing delays.
Depending on the business activity, you may need a physical office space, a co-working desk, a virtual office, or other workspace solutions that align with both low-cost business setup and premium operations.
Once the company is successfully registered, open a corporate bank account to handle business transactions. You need to provide specific documentation to the banks to complete the process. It is advisable to seek professional assistance from Dubiz to ensure a quick and seamless procedure.
Apply for residency through investor or employment visas to legally reside and work in the UAE.
Now it’s time to relocate the assets, intellectual property, and key business operations to the UAE and re-launch and grow your Singapore business in the region.
Build regional partnerships, participate in trade shows, and utilize government incentives to expand your operations across multiple sectors in the UAE.
Business relocation to Dubai from Singapore typically involves business setup costs (license fees, visa costs, and office rentals) and operational expenses (rent, salaries, and other expenses). The cost of business setup here in Dubai generally starts from around AED 11,999*.
Please note that costs are subject to changes. Connect with the business setup consultants at Dubiz who will provide customized quotes based on your specific needs, while ensuring a smooth and affordable transition and full legal compliance.
Generally, Singapore is considered more expensive than Dubai, especially in terms of accommodation and transportation. However, the specific cost may vary depending on the lifestyle and needs of the individual. For businesses, Dubai offers lower operational costs and attractive tax benefits.
We are hereby sharing a few tips that can help you scale your business across Dubai and the UAE:
Dubai offers significant opportunities for development in several industries. Hence, those planning to move business from Singapore to Dubai can take advantage of the strong infrastructure, tax advantages, and pro-business environment of the Emirate to successfully enter its dynamic market.
Furthermore, the city’s well-regulated ecosystem enables unmatched flexibility, infrastructure, and scalability, allowing investors to set up a profitable company in the UAE.
Dubiz specializes in helping investors and business owners navigate the complex business laws of the UAE. From choosing the right legal structure to securing your business licenses and visas, Dubiz ensures a hassle-free business migration to Dubai, while maintaining proper compliance with the established regulations.
With transparent pricing and end-to-end support from their experts, smoothly move your Singapore business to one of the world’s most dynamic markets.
Fast-track your business setup and get a detailed comparison of cost of living in Dubai vs. Singapore from Dubiz consultants.
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📧 Email: info@dubiz.co
Dubai offers a myriad of opportunities for businesses in various sectors, including technology, manufacturing, food & beverage, real estate, logistics, e-commerce, retail, and others.
Yes. Considering the promising tax environment, favourable government incentives, low operating costs, and competitive market, establishing your business in Dubai can turn out to be highly profitable.
While relocating from Singapore to Dubai can be a rewarding opportunity, it may come with several challenges, such as cultural differences, market competition, and economic fluctuations that may affect the functioning of your business.
The Dubai authorities issue licenses based on the primary activities of the company. For example, an Industrial license for manufacturing and production activities, a commercial license for trading activities, and a professional license for service-oriented activities.
The key documents include passport and visa copies of the company owners and shareholders, proof of address in the UAE, the company MOA, description of business activities, No Objection Certificate (NOC), and specific approvals from regulatory authorities in the Emirate.
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