Cost of Company Formation in Dubai

Cost of Company Formation in Dubai

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
ParticularsProfessional License (AED)Commercial License (AED)Industrial License (AED)
Initial Approval135135135
Tasheel Fee for Initial Approval116116116
Trade Name Reservation620620620
Court FeesApprox. 2000 (Sole)Approx. 3200 (Civil)Approx. 2000Approx. 2000
Final Submission Fee116116116
License FeesApprox. 10000Approx. 15000Approx. 15000
Ministry of Economy FeesN/AN/A15000
Total (AED)12,98717,98732,987
ADDITIONAL COSTS INVOLVED
ParticularsProfessional License (AED)Commercial License (AED)Industrial License (AED)
Office RentAs per the client’s budgetAs per the client’s budgetAs per the client’s budget
Market Fees2.5% of office annual rent2.5% of yearly rent office2.5% of yearly rent office
Foreign trade name200020002000
Additional partners1000 for each additional partner1000 for each additional partner1000 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.

WHY THE CLEVER CORP CONSULTANCY SERVICES?

Our services give you a customized solution focused on your particular business and market, and we design strategies that enable our clients to achieve continuous growth and scale sustainably. To discuss more in detail your business plan, reach us today to have a suitable solution for your business dreams. We at Clever corp hold vast experience and our expert advisors are round the clock at your service to understand your idea better and get them into reality. Contact us at +971586412031 or +97145804048 to discuss with our experts at info@theclevercorp.com.

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