Dubai, being the world’s hub for transportation, trading and marketing is a very attractive place for having your business opened. Setting up a business in Dubai is not only prestigious but economically perspective investment. One of the best ways to come closer to Dubai is to set up your company in mainland.
Talking about mainland, of course, we mean local companies, Limited Liability Companies (LLCs), Sole Establishments, Civil Companies etc., which have no territorial limitation, and can be formed through Department of Economic Development.
Limited Liability Company (LLC) involves 51% of shareholding by the local partner - a citizen of the United Arab Emirates, whereas a Sole Establishment and a Civil Company can be 100%-owned by a foreign investor.
Most local partners agree not to participate in the company’s income, in exchange to receiving a guaranteed annual gratuity, which was negotiated in advance.
(final fee is calculated by the Department of Economic Development and depends on many factors)
AED 37.000 - Commercial or Professional/Service license
AED 45.000 - General Trading
AED 850 - Corporate P.O. Box. InterPoint Professional Service Fee - AED 8.000.
In case you would like to hire personnel, each employee’s visa will cost: AED 6.000 - visa cost + AED 3.000 - deposit (refundable after visa cancellation).
This license will allow the owner to import, export, sell, distribute, and store items specified in the license.
This license allows the holder to carry out professional activities such as Consulting, Legal Advisory, etc.
This license will allow the owner to import, export, sell, distribute and store goods without restrictions on the type of products (except prohibited).
Ask us how to set up business in Dubai!