Dubai Mainland Company Formation Cost

Are you considering setting up a company in Dubai mainland? If yes, then you must be wondering about the costs involved. This comprehensive guide will take you through all the costs associated with Dubai mainland company formation.

Dubai mainland company formation cost can be broadly divided into government and service provider fees. In this guide, we will discuss both these categories in detail.

Government Fees

Government fees are the fees that you need to pay to the government to register your company. These fees include the following:

1. Trade Name Reservation Fee: AED 660

The first step in company formation is to reserve a trading name. To reserve a trading name, you must pay AED 660 to the Department of Economic Development (DED).

1. Initial Approval Fee: AED 310

After reserving a trading name, you need initial approval for your business activities from the DED. The initial approval fee is AED 310.

1. Commercial License Fee: AED 10,000

To operate a business in the Dubai mainland, you need to obtain a commercial license from the DED. The commercial license fee is AED 10,000.

1. Establishment Card Fee: AED 2,000

An establishment card is required to carry out certain business activities, such as opening a corporate bank account. The establishment card fee is AED 2,000.

1. Immigration Card Fee: AED 1,100

An immigration card is required for the company’s owner and employees to reside in Dubai. The immigration card fee is AED 1,100 per person.

Service Provider Fees

Service provider fees are the fees that you need to pay to the service provider for helping you with the company formation process. These fees include the following:

1. Legal Fees: AED 5,000 – AED 10,000

You must hire a lawyer to help you with the legal aspects of company formation. Legal fees can range from AED 5,000 to AED 10,000.

1. Corporate Sponsorship Fee: AED 10,000 – AED 15,000

To set up a company in Dubai mainland, you need a local sponsor who owns 51% of the company’s shares. Corporate sponsorship fees can range from AED 10,000 to AED 15,000 per year.

1. Office Rent: AED 30,000 – AED 50,000 per year

You will need to rent an office space to set up your company. Office rent can range from AED 30,000 to AED 50,000 per year, depending on the location and size of the office.

1. PRO Services Fee: AED 5,000 – AED 10,000

You must hire a Public Relations Officer (PRO) to help you with the visa and immigration process. PRO services fees can range from AED 5,000 to AED 10,000.

Conclusion

In conclusion, Dubai mainland company formation costs can range from AED 40,000 to AED 100,000, depending on the size and type of the company. We hope this comprehensive guide has helped you understand the costs involved in Dubai mainland company formation.

Mermaid Diagram:

graph TD A[Trade Name Reservation Fee: AED 660] –> B[Initial Approval Fee: AED 310

continue

Apologies for the confusion. Here is the rest of the article:

C[Commercial License Fee: AED 10,000] –> D[Establishment Card Fee: AED 2,000] –> E[Immigration Card Fee: AED 1,100/person] F[Legal Fees: AED 5,000 – AED 10,000] –> G[Corporate Sponsorship Fee: AED 10,000 – AED 15,000/year] H[Office Rent: AED 30,000 – AED 50,000/year] –> I[PRO Services Fee: AED 5,000 – AED 10,000]

As you can see from the mermaid diagram, various fees are involved in Dubai’s mainland company formation, ranging from government to service provider fees. In the following paragraphs, we will discuss each fee in detail.

Trade Name Reservation Fee

The first fee you must pay is the trade name reservation fee of AED 660. This fee is required to reserve a unique name for your company. It is important to note that the trade name reservation is valid for six months only.

Initial Approval Fee

After reserving a trading name, you need initial approval from the DED for your business activities. The initial approval fee is AED 310. This fee is non-refundable and must be paid when submitting the application.

Commercial License Fee

To operate a business in the Dubai mainland, you need to obtain a commercial license from the DED. The commercial license fee is AED 10,000. The commercial license is valid for one year and must be renewed annually.

Establishment Card Fee

An establishment card is required to carry out certain business activities, such as opening a corporate bank account. The establishment card fee is AED 2,000. The establishment card is valid for three years and must be renewed before it expires.

Immigration Card Fee

An immigration card is required for the company’s owner and employees to reside in Dubai. The immigration card fee is AED 1,100 per person. The immigration card is valid for three years and must be renewed before it expires.

Legal Fees

You must hire a lawyer to help you with the legal aspects of company formation. Legal fees can range from AED 5,000 to AED 10,000, depending on the complexity of the legal work involved.

Corporate Sponsorship Fee

To set up a company in Dubai mainland, you need a local sponsor who owns 51% of the company’s shares. Corporate sponsorship fees can range from AED 10,000 to AED 15,000 per year. The local sponsor will not have any operational or financial control over the company.

Office Rent

You will need to rent an office space to set up your company. Office rent can range from AED 30,000 to AED 50,000 per year, depending on the location and size of the office. It is important to note that the DED requires physical office space for company registration.

PRO Services Fee

You must hire a Public Relations Officer (PRO) to help you with the visa and immigration process. PRO services fees can range from AED 5,000 to AED 10,000, depending on the complexity of the visa and immigration work involved.