Business Registration Cost in UAE: Benefits, Components & Costs

The business registration cost in UAE is influenced by numerous variables. Among these are things like the company’s jurisdiction, commercial operations performed by the firm, the kind of license required, and other relevant aspects. 

The components for the business registration cost in UAE for establishing various kinds of companies would include the following:

1. Costs incurred for registering a firm- The business registration cost in the UAE is determined by shareholder participation, economic activity, and visa applications. 

In order for the business to operate in the province, a small registration fee is required. However, any further improvement will result in a cost increase.

The business registration cost in UAE to set up a Limited Liability Corporation can be between AED 22,000 and AED 24,000. 

Similarly, the business registration cost in UAE to register a firm in the free zones starts is approximately AED 15,000.

2. Licensing fee for the business- All legally recognized businesses in the UAE are required to acquire a relevant license in order to conduct business operations in the nation. 

Hence, another important business registration cost in UAE is obtaining a license to conduct business operations in the UAE.  

Additionally, obtaining a license protects business owners from any possible compliance issues as well. 

Any license is authorized only when a corporation complies with all business laws and regulations. These permits must be renewed annually.

In order to conduct business in the UAE, the following licenses may be issued based on the form of business:

• Commercial License– Acquiring a commercial license enables the trading of particular categories of commodities
• Service License– A service license enables an individual to offer services to different sectors.
• Industrial License– Acquiring an industrial license enables an individual to produce products in the UAE.
• Other forms of the license may include Tourism License, Agriculture License, etc. 

3. The Costs incurred for Renting an Office– A precise business office location or address is essential in order to conduct commercial operations. As such, one of the most important business registration cost in UAE is that of renting an office space. 

In order to rent an office for business purposes it is important to pick an appropriate location since the designated place will receive all relevant correspondence and notices. It costs between AED 15000 to AED 20000.

4. Expenses incurred for reservation of Trade Names– The Economic Administration of the region where the firm, as well as the trade name, would be registered will determine the registration costs for trade names in the UAE. 

The lowest prices that will be levied by the Dubai Economic Department are:

•  The business registration cost in UAE for the reservation of trade name is AED 620. 
• However, the registration amount for registering a foreign name is AED 2000.

5. Visa expenses– Dubai encourages commercial establishments from individuals from all over the world. These customers need a residence permit in order to live and do business. 

Even though they need a visa to work, large corporations are allowed to bring in workers from other nations.

6. Memorandum of Association fee– The Memorandum of Association fee for business registration cost in UAE includes the following-

• For attestation of the signings on a record with a valuation of no more than 100,000 Dirhams, each party to the agreement must sign for a fee of AED 300. 
• If the companions sign the agreement at various business centers, it will cost AED 500. 
• AED 100 will be charged for every member’s digital signature.