Cost of Business setup in Dubai

Owning a business in Dubai is a dream come true situation for any business aspirant. The first thing strike to someone is how much does it cost to setup this business in Dubai.

All the government expenses in Dubai are subject to a change anytime without any prior intimation from time to time. The below is the outline of the costs to setup a company with the Mainland of Dubai.

The licenses are broadly classified into 3 segments like Professional, Commercial and Industrial.

INITIAL COSTS INVOLVED
Particulars Professional License (AED) Commercial License (AED) Industrial License (AED)
Initial Approval 135 135 135
Tasheel Fee for Initial Approval 116 116 116
Trade Name Reservation 620 620 620
Court Fees Approx. 2000 (Sole)

Approx. 3200 (Civil)

 Approx. 2000 Approx. 2000
Final Submission Fee 116 116 116
License Fees Approx. 10000 Approx. 15000 Approx. 15000
Ministry of Economy Fees N/A N/A 15000
Total (AED) 12,987 17,987 32,987

 

ADDITIONAL COSTS INVOLVED
Particulars Professional License (AED) Commercial License (AED) Industrial License (AED)
Office Rent As per the client budget As per the client budget As per the client budget
Market Fees 2.5% of office annual rent 2.5% of office annual rent 2.5% of office annual rent
Foreign trade name 2000 2000 2000
Additional partners 1000 for each additional partner 1000 for each additional partner 1000 for each additional partner

 

Important Notes
The charges may vary based on the activity, no. of partners, business types, and legal type. External approvals, etc. The above costs do not include any cost relevant to external approvals and also it is mandatory to have a UAE National either as a Local Service Agent or a shareholder in each of the licenses.

Instant License Cost in Dubai

Department of economic development, Dubai has come up a new initiative called an Instant license for startup business owners who want to have their experience tested in the current market scenario. This license come up with a specific market fees for the first year of AED 3000 instead of 2.5% of the rent and the rent of the office is totally eliminated for the first year meaning, there is no requirement to rent an office for the first year. In such case the Cost for the professional licenses will be Approx. AED 15000 and for the Commercial License the cost will be Approx. AED 17000 – 20000.

Mainland Package Licenses Cost

To support the business owners with all sorts of market conditions, the business setup service providers also provide a package cost which is ideal for a startup firms. But these packages are limited to the license which does not have any external approvals. The pricing starts from AED29,999 for the professional license and AED 34,999 for the commercial license.
However the above package price is considered only in the case of one shareholder and Arabic Trade name. The charges will differ in the case of any additional partner or foreign trade name for the company.

We at CLEVER CORP provide budgeted solutions to all the needs of startup owners. Contact us at +971-45-804048 and email us at info@theclevercorp.com for more details related to cost of business setup.