The cost of establishing a company in Dubai. Companies wishing to establish activities in Dubai enjoy flexibility in commercial or service activities. To invest in Dubai, you must obtain a business visa and obtain a commercial license for the activity. In this article, we will learn about the cost of establishing a company in Dubai.
The cost of establishing a company in Dubai
The cost of establishing a company in Dubai includes several costs and fees that vary according to the nature of the activity and the region, as follows:
- Costs of obtaining a commercial license (license to practice business).
- The costs of renting or purchasing the site where the business will be conducted.
- All costs related to workplace furnishings.
- Fees for clearing work permits and sponsorships related to expatriate employees and the necessary visas for them in the name of the company.
- Open a bank account and deposit the minimum capital into it.
- The legal form of the company requires costs that vary according to the nature of the activity, whether industrial, commercial, or professional, and industrial activity has the highest costs.
- Fees for obtaining a commercial license in order to determine the cost of establishing a company in Dubai.
The cost of establishing a company in Dubai is divided into two costs
First: Obtaining the necessary licenses to practice the company’s activity
- The fees for initial approval to conduct the company’s business are approximately 100 UAE dirhams.
- The fee for issuing a company name is about 210 UAE dirhams.
- Obtaining licenses for the company’s activity according to the type of activity varies from one activity to another, as the fees for issuing a professional business license are estimated at 500 UAE dirhams, and issuing a business license is 600 UAE dirhams.
- The fee for obtaining services from an authorized agent’s office is approximately 500 AED.
- Receiving and printing the license, the fee is estimated at approximately 500 UAE dirhams.
Second: Entry fees to the markets
The second fee regarding the cost of establishing a company in Dubai is market entry fees:
- The cost of entering markets subject to the local law system is approximately 5% of the value of the company’s lease contract.
- There are fees estimated according to a committee affiliated with the competent authorities in Dubai, which are related to if the company’s headquarters is owned by a foreign investor.
- Residence fees for foreign investors in Dubai are estimated at approximately 5% of the value of the housing contract.
- Waste fees are estimated by the UAE Waste Committee.
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