Mainland company setup in Dubai is attractive to businessmen and entrepreneurs from all around the world. This is because of a couple of reasons that include all the benefits they receive and the ease of Mainland Company setup in Dubai.
Now the actual dubai mainland company formation cost will vary depending on a lot of factors. To begin with, there are two ways you can start your mainland business in Dubai.
But most importantly, it’s the cost-effectively of mainland company setup in Dubai that is the attraction of so many investors from all around the world.
You can do it alone, which is highly discouraging if this is your first time, or you can do it with the help of Company Setup consultants. Either way, you can expect to spend somewhere around the ballpark of AED 25,000 to AED 50,000.
When you want to start your business with company setup consultants, the Dubai mainland license cost in 2022 starts from just AED 15,000.
Dubai Mainland Company Formation Cost and Requirement
As we have mentioned before, the Dubai mainland company formation cost will differ from others. This is because there are different steps in the setup process that requires a different amount depending on their choices and decisions.
Here are the costs of the different steps in the process of mainland company formation in Dubai:
• Mainland Company Registration Fee
First and foremost, the mainland company registration fee will depend on the number of shareholders, visa applications, and company structure of your firm. You can also pay extra to enjoy some of the exclusive privileges of owning a business on the mainland.
• The Cost of Acquiring the Business Trade License
The cost of acquiring your business trade license from the Department of Economic Development in Dubai will depend on the business activities you mean to perform in mainland Dubai. Also, it is important to note that you need to renew your business trade license each year as well.
• Rent or Lease of an Office Space
It is mandatory to rent or lease office space when starting a company in Dubai. The cost of acquiring an office space in Dubai will depend on the type of office space you choose. If you do not need office space to perform your business activities then you can rent a virtual office space in Dubai.
• Trade Name Reservation Fee
The trade name registration fee is similar for all businesses. At the time of publishing, the trade name reservation fee in Dubai was AED 620. However, if you choose to use a foreign trade name, you may need to pay additional fees.
• Local Service Agent’s Annual Fee
Last but not the least, you can enjoy 100% ownership of mainland businesses even as a foreigner in Dubai now. You can work with a local service agent who will not have any legal ownership of your company. Their fees will depend on the local service agent you choose in Dubai.
