Cost of Business setup in Dubai
Owing a business in Dubai is a lifetime achievement, and a dream comes actual situation. The first thing to strike someone is how much the costs of company formation in Dubai. The Dubai government doesn’t give any prior information regarding the changes in government expenses. Below is the outline of business setup costs in the Mainland of Dubai.
The licenses are broadly classified into three segments 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’s budget | As per the client’s budget | As per the client’s budget |
| Market Fees | 2.5% of office annual rent | 2.5% of yearly rent office | 2.5% of yearly rent office |
| 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
Based on the number of partners, business types, and external approval, the charges vary from business to business. Having a UAE National as a local service agent or shareholder in each license is mandatory. The cost mentioned above doesn’t include any external expenses.
Instant License Cost in Dubai
For the startup business owners, an Instant license initiative was launched. It is for those who want to experience the current market scenario. This license has a specific market fee of AED 3000, which will eliminate the rent of the office for the first year. So, in this case, the total cost for the professional license will be AED 15000, and for the commercial license, it will be AED 17000-20000.
Mainland Package Licenses Cost
The business setup service providers provide the package to support the business owners in this competitive market. But these packets are limited to the license, which doesn’t have any external approvals. These packages are considered only in the case of one shareholder. The chargers will be different in case of any additional partners.
So, this is a brief view of the cost of company formation in Dubai. 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.
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