CORPORATE CONSULTANCY

A Mainland Company in UAE allows you the freedom to start and operate your business freely across the UAE and internationally.

Opening a company on the UAE mainland (onshore), an Emirati sponsor or a local service agent used to be mandatory for most cases until just recently. However, this has been changed and even mainland companies now can be owned 100% by foreign shareholders. The company formation in Dubai mainland does not require a minimum capital to start with.

The main benefits of establishing an onshore company include:

• Choose premises in any area of Dubai

• Operate within a wide range of business activities

• Trade anywhere inside or outside the UAE

COSTS OF SETTING UP IN DUBAI

A nominal fee issued by the Department of Economic Development (DED) allows entrepreneurs to be initially operative for six months. This is a one-time expense, allowing entrepreneurs to start their business while completing their documents.
Trade name fees, for the name a business is run under. Depending on the selected name, the costs may vary. The costs of registering a trading name include i) reservation fees, ii) commercial name fees, iii) foreign company name fees, etc.
Renting a physical office, which is mandatory for operating business onshore in Dubai.
DED Fees, which include annual charges depending on the type of business, and a one-time LLC registration fee plus a Mainland trade license fee. The license costs vary from business to business, and in some cases, even a deposit is requested by DED.
Commercial License Fee, should be paid annually for engaging in commercial activities.
Dubai Chamber of Commerce Fees, which is another fee that should be covered annually. The fees vary based on the business activities run under an LLC.
Commercial Services Improvement Fees, which should be paid annually.
Administrative Services Fee, this fee is a one-time expense issued for all the paperwork and documentation carried out by DED.
Attestation of Memorandum of Association (MoA), which is signed between the LLC shareholders, and its cost depends on the share capital mainly.
Drafting the LLC contract, which should be available both in Arabic and English.

Based on the business activities, there may be some additional fees:

General trading company formation, which is a one-time fee.
Contracting license, which is another one-time fee.
Charges the real state brokers company receive, issued by the Economic Department.
Government charges, including 5% of office rent and 20% of warehousing.

Onshore/Mainland Prices starting from AED 25,000

Average business setup timeframe 3-4 weeks