COMPANY FORMATION IN U.A.E. MAIN CITY WITH A LOCAL SPPONSOR

BUSINESS SET UP EXPENSES IN MAINLAND DUBAI
(OTHER THAN FREE ZONE)

Description

Frequency

Payable to

Dirhams

USD

Local Sponsor (Approximately) Per Year Sponsor 15000 4087
Fees For Court Attestation One Time Government 900 245
Agreement in Court with Sponsor One Time Government 500 136
Initial Activity Approval One Time Government 200 54
Name Registration One Time Government 200 54
If Name has no meaning in Arabic, then Foreign Name Fee Per Year Government 2000 545
Trade Licence Fees Per Year Government 15000 4087
Company Immigration Card & Labour Card 03 Years Government 3000 817
Chamber of Commerce Fees Per Year Government 200 54
Miscellaneous Expenses, Typing, Photocopies, Arabic Translation One Time Others 250 68
  Total 37250 10150

One is required to have a working capital of AED 300,000 in the case of a LLC, Limited Liability Company. This is required to kept in bank for around 10 days. Other costs include yearly office rent. One cannot start business in U.A.E. unless one has office space. Approximately small office in DUBAI could cost around USD 15,000 per annum. Municipality tax payable 15% of Annual Rent. Further, one is recommended to refer Frequently Asked Questions.

Contact Us at: Email: owbsinc@gmail.com

 

 

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