Cost Breakdown For Dubai Mainland Company Setup
Setting up a company in Dubai mainland can be a lucrative option for entrepreneurs looking to tap into the Middle East market. However, the process of setting up a company in Dubai can be complex and requires careful consideration of various costs involved.
Here is a breakdown of the different costs associated with setting up a mainland company in Dubai:
Initial approval fees:
The first step for Dubai mainland company set up includes applying for initial approval from the Department of Economic Development (DED). This step shows that the business activity is accepted and the trade name is available. The cost for initial approval usually ranges from AED 120 to AED 600, depending on the application details.
Trade name reservation:
Before registering the company, the business name must be reserved. This step ensures that no other company uses the same name. The cost for trade name reservation is normally AED 600 to AED 1,000, depending on the type of name selected and language used.
Business licence fees:
The licence cost is one of the major parts of the setup. A mainland licence issued by the DED usually costs between AED 8,000 and AED 15,000. The price may vary based on the business activity, number of shareholders, and other related services added to the package.
Office space rental:
Dubai mainland companies are necessary to have a physical office address. Rental prices depend on the size and location of the office. A shared office or desk space may start from AED 10,000 per year, while private offices in central areas can go above AED 30,000 annually.
Ejari registration:
After renting the office, the contract must be registered with the Ejari system. This registration helps confirm that the business has a valid office location. The cost for Ejari registration is around AED 200 to AED 500.
Local service agent (if applicable):
For certain licence types, especially professional licences, a local service agent is listed. The fee for the agent depends on the agreement made between the parties. This amount is usually between AED 5,000 and AED 15,000 per year.
Immigration card and labour card:
To issue visas for owners or employees, the company essentials to apply for an establishment card and labour card. These steps may cost around AED 2,000 to AED 3,000 combined.