Dubai is one of the fastest-growing business hubs in the world, attracting entrepreneurs and businesses from all over the globe. One of the key factors in starting a business in Dubai is obtaining a mainland license, which allows businesses to operate in the local market without needing a local partner or sponsor. This article will discuss the Dubai mainland license cost and what businesses can expect to pay.
Dubai mainland license cost:
The cost of a Dubai mainland license varies depending on several factors, such as the type of business activity, the size of the company, and the number of visas required. In general, the cost of a mainland license can range from AED 15,000 to AED 50,000. However, it is important to note that additional costs include office space and visa fees.
The cost of a Dubai mainland license can be broken down into several components, including:
Trade name reservation: AED 620:
Before applying for a mainland license, businesses must reserve a trading name. The cost of a trade name reservation is AED 620.
Initial approval: AED 3,000:
After reserving a trading name, businesses must obtain initial approval from the Department of Economic Development (DED). The cost of initial approval is AED 3,000.
Memorandum of association (MOA) and local service agent (LSA) Fee: AED 7,500:
To obtain a mainland license, businesses must prepare a Memorandum of Association (MOA) and appoint a Local Service Agent (LSA). The cost of MOA and LSA fees is AED 7,500.
License fee: AED 10,000 to AED 15,000:
The license fee for a Dubai mainland license varies depending on the type of business activity. The cost of a license ranges from AED 10,000 to AED 15,000.
Office rent: AED 30,000 to AED 100,000 per year:
To obtain a mainland license, businesses must have an office space in Dubai. The cost of office rent varies depending on the location and size of the office space. The average cost of office rent in Dubai is between AED 30,000 to AED 100,000 per year.
Visa fees: AED 5,000 to AED 8,000 per employee:
Businesses must also pay visa fees for their employees. The cost of visa fees varies depending on the type of visa and the number of employees. The average visa cost is between AED 5,000 to AED 8,000 per employee.