The cost of obtaining a cheapest mainland license in Dubai can vary widely depending on factors such as the type of business activity, the legal structure of the company, the size of the business, and the specific requirements of the Dubai Department of Economic Development (DED). While I can provide general information based on my knowledge, it’s important to note that costs may have changed since then, and it’s recommended to consult with a business setup expert or directly contact the DED for the most accurate and up-to-date information.
Here are some cost components to consider when calculating the expenses for a mainland business license in Dubai:
The license fee is a fundamental cost associated with obtaining a mainland business license. The fee varies based on the business activity and legal structure. Different activities are classified into specific categories, each with its fee structure. For example, professional licenses typically have lower fees compared to commercial or industrial licenses.
Local sponsor or service agent fees
Depending on your business activity, you may be required to have a local sponsor or service agent who is a UAE national. These sponsors or agents typically charge an annual fee for their services.
Your business location and the size of the premises you choose will impact your costs. Dubai has different areas with varying rental rates, so office space costs can vary significantly. Renting in prime commercial areas may be more expensive compared to other locations.
Certain business activities may have specific capital requirements that need to be deposited in a UAE bank account. The amount varies depending on the activity and the DED’s regulations.
Trade name and initial approval fees
There are fees associated with reserving and registering your trade name, as well as obtaining the initial approval for your business setup.
Employee visa costs
If you plan to sponsor employee visas, there are costs associated with visa processing, medical tests, Emirates ID, and other related expenses.
Public Relations Officer (PRO) services are often required to assist with the paperwork, approvals, and administrative tasks involved in obtaining licenses, permits, and visas. These services come with associated fees.
Additional approvals and permits
Depending on your business activity, you may need additional approvals from other government departments or industry-specific regulatory bodies. Each approval may have its associated costs.