What is the cost required to start your company in UAE?
Dubai is a popular business destination in the world. The city boasts of having excellent global connectivity and entrepreneur-friendly laws. Therefore, company registration in Dubai UAE is highly profitable with a demographic advantage. However, if you’re planning to set up a company in uae, you have to consider several aspects including the cost because a lack of information on cost leads to unexpected overheads.
The company registration costs change from time to time, so providing a fixed rate for approvals and documentation is unlikely. Therefore, reach out to one of the best business setup consultants in Dubai. Here, corporate advisors support by providing the latest update on price fluctuations and related government services.
Moreover, the cost of company registration depends on your business activity, opted jurisdiction, certifications, approvals, and so on. To make it simple approach one of the !
Mainland business setup cost
While setting up your business in UAE, you will have to pay for these services,
- Get initial approval from DED to start your business operations. You have to pay a nominal fee for a maximum of six months and it’s a one-time expense.
- Secondly, you have to pay for the trade name you choose. It may fluctuate according to the name you choose.
- Office space is mandatory for a mainland business, so authorities ensure that the companies are legitimate.
- Attestation of MoA is done between partners and shareholders of the company. The cost may differ according to the share capital amount.
- You have to draft the documentation in Arabic and English. So, you have to pay for the translation cost.
- You have to pay a one-time company registration fee at the DED. However, you will have to pay yearly fees according to the business.
- Pay for a mainland trade license according to your business activity.
- You have to pay the commercial license fee every year for engaging in commercial activities.
- You should pay an annual amount at the Dubai chamber of commerce.
- Commercial services improvement fee has to be paid every year for the government departments.
- You have to pay an administrative fee for all the paper works done by the department and it’s a one-time expense.
Mainland commercial license cost — AED 10,000 approximately
Mainland professional license cost — AED 5600 approximately
Free zone company formation cost
Free zones have their set of rules and regulations. Thus, the company setup procedures and cost requirements also differ. When certain aspects like local sponsor, rental, visa fee, etc are similar, other components such as warehouse, license, registration fees, etc may differ based on your choice of business.
Most foreign entrepreneurs choose a free zone company to establish their business. Moreover, the cost for company registration in Dubai free zones is much cheaper compared to offshore and mainland business setups.
The free zone license cost starts from around AED 15,000 and it differs according to the chosen free zones. The above-given cost doesn’t include the cost of a trade license.
Offshore company registration in UAE
The registration fee depends on the jurisdiction and type of business. The offshore business provides a flexible platform to conduct commercial activities and investments. The entrepreneurs need a local presence to start their offshore company and you have to pay for it annually. Additionally, you have to open a bank account to operate commercially in UAE. Apart from the above, you have to pay the agent fee and offshore business maintenance fee.
Offshore company formation cost — AED 15,500 approximately.
Choose the best Business setup, consultants
We establish your business setup in Dubai UAE with a dedicated company setup team. We enhance your company registration in UAE with affordable services. Therefore, with our efficient services, you save a lot of time and money!
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