Cost of a Dubai Business License Understanding the cost of obtaining a business license in Dubai is vital for anyone who intends to start a business in the city. Whether you are looking to establish a small company, a medium-sized project, or even a large company, you must be aware of the expected costs and the necessary steps to obtain a business license that suits your business needs.
In this article, we will carefully review the cost of obtaining a business license in Dubai , including applicable government fees, support services costs, and additional costs that may arise during the company establishment process. We will also discuss the factors affecting determining the cost of a commercial license, such as the type of activity, the size of the company, and the region in which it operates.
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ToggleTypes of business licenses available in Dubai.
In Dubai, there are several types of business licenses available to investors and entrepreneurs. Here’s an overview of some of these types:
- General Trade License: First and foremost, it allows companies to practice all types of commercial activities in the private sector, such as trade, distribution, and retail.
- Economic Services License (Professional License): This allows professional individuals such as doctors, lawyers, and engineers to practice their work and provide their services in Dubai.
- Industrial License: This then allows companies to produce and manufacture goods and products in Dubai.
- E-Trader License: It also allows individuals to conduct business online without the need for a physical location.
- Tourism and Travel License: It also allows companies to provide tourism services and organize tourist trips and events.
- Food and Beverage License: This allows restaurants, cafes, and industrial kitchens to provide food and beverage services.
- Construction and Engineering License: It also allows companies specialized in the field of construction and engineering to implement construction and engineering projects in Dubai.
- Real Estate License: This allows companies to buy, sell, rent and manage real estate in Dubai.
These are some of the common types of business licenses in Dubai, and investors can choose the appropriate one according to the type of business activity they want to engage in. It is always recommended to consult with Itqan experts to obtain accurate information and guidance about business licenses in Dubai.
Cost of a Dubai business license
Differences between the cost of a business license and an establishment license in Dubai
Element | business license | Establishment license |
---|---|---|
the description | Authorizes individuals to conduct business individually or as part of a local corporation. | Companies are authorized to conduct business legally in Dubai. |
Targeted establishments | Individuals, self-employed professionals, seasonal workers and foreign workers. | Local companies and foreign companies that wish to establish a branch in Dubai. |
Main costs | – Business registration fees. – Annual renewal fees. | – Company registration fees. – Annual renewal fees. – Consultation and legal services fees. |
Terms and requirements | – Providing a local agent. – Determine the permitted profession. | – Determine the type of company (limited liability company, public company, etc.). – Determine the permitted commercial activities. – Providing documents such as contracts and financial documents. |
Impact on nationality | Does not require UAE citizenship. | UAE citizenship may be required for certain activities or types of companies. |
Tax and legal advantages | – Failure to pay personal income tax. – Possibility of obtaining a residence visa. | – Carrying out commercial activities legally. – Possibility of dealing with government agencies and other institutions. |
Development and growth | The business license can be transferred to a local company under some conditions and requirements. | The company can be developed into a branch of a foreign company or expand business activities. |
Responsibility and obligations | Liability is limited to a natural person. | Liability is limited to the capital invested in the company. |
Advantages and disadvantages | – Low costs and easy procedures. – Ability to work individually. | – Possibility of dealing with larger clients and larger projects. – Additional tax benefits. |
Permitted activities | All professional and commercial activities may be carried out if approved by the relevant authorities. | All permitted commercial activities can be practiced in Dubai. |
The time period for establishment and procedures | Fast establishment can take only several days. | The procedures for establishing a company require several weeks to complete. |
This table summarizes some of the main differences between the cost and conditions of a work permit and a license to establish a company in Dubai . Investors should consult with Itqan Company to obtain accurate information and guidance about business licenses in Dubai.
Government fees are required to obtain a business license
Government fees related to obtaining a commercial license in Jebel Ali and in the United Arab Emirates in general vary based on the type of license, company activity, capital size, and legal and regulatory requirements. Here’s what the fee usually includes:
- Application submission fees: These fees also include the fees paid to submit an application for a commercial license.
- License fees: These fees also include the fees for obtaining the final license after fulfilling all conditions and requirements.
- Consultation and legal services fees: Therefore, if you use consulting or legal services to assist in the process of obtaining the license, there may be fees associated with these services.
- National Social Welfare and Health Insurance Fund Fees: Then there may be fees associated with health and social insurance for employees and freelancers.
- Annual company re-registration fees: Also in some cases, there may be annual fees to re-register the company.
- Different fees based on the type of company: There can also be different fees for limited liability companies, sole proprietorships, and personal companies.
It is necessary to contact Itqan Company to obtain accurate details about the government fees required to obtain a commercial license in Dubai , as these fees can vary according to the individual circumstances of each company.
The cost of updating an existing business license in Dubai
The cost of updating a business license in Dubai depends on several factors, such as the type of company, its activity, the size of capital, and the company’s legal and regulatory registrations. However, general estimates of the expected costs of updating a business license in Dubai can be provided:
- Annual renewal fees: First and foremost, every company registered in Dubai is obligated to update its trade license annually, and the prescribed renewal fees must be paid. These fees vary according to the type of company and its activity.
- National Health Care and Health Insurance Fund Fees: In addition, there may be fees associated with health insurance and social care for employees and freelancers.
- Legal or accounting consultation fees: Therefore, if you need legal or accounting advice to update your business license, there may be fees associated with these services.
- Commercial registry and legal renewal fees: There may also be fees related to the commercial registry and legal updates necessary to update the company’s license.
- Different fees based on the type of company: Then fees may vary depending on the type of company, such as sole proprietorships, joint-stock companies, and limited liability companies.
Then these fees are variable and need to be accurately estimated by the relevant authority or through consultation with Itqan Company in Dubai. It is always recommended to check the updated fees required by the competent authorities before updating or renewing a commercial license in Dubai .
How can we support you with the cost of a Dubai business license?
Itqan Company can provide many services and support to help cover the cost of a business license in Dubai. Here are some of the ways Etqan can provide support:
- Free consultations: First and foremost, Itqan Company may provide free consultation sessions to provide advice on the process of obtaining a commercial license in Dubai and its expected costs.
- Cost analysis: Itqan can also help you analyze the cost of obtaining a commercial license in Dubai based on the type of company, its activity, and legal requirements.
- Determine financial needs: Itqan can then help you estimate the financial needs needed to cover the cost of a business license, including registration and licensing fees and other legal fees.
- Searching for financing: Itqan Company may also provide assistance in searching for external financing or special financing programs to cover the cost of obtaining a commercial license.
- Discounts and special offers: Sometimes, Itqan Company offers special offers or discounts on fees to its customers to reduce the cost of obtaining a commercial license.
- General guidance and support: Itqan also provides support and guidance at the general level regarding how to manage costs and financial planning to cover the cost of the trade license.
In the end, please note that the availability of these services and support depends on the policy and services of Itqan Company. At the conclusion of this article, we can also conclude that the cost of obtaining a commercial license in Dubai depends on several factors such as the type of company, its activity, the size of the capital, and therefore the required and legal requirements. And organizational. Determining the cost of a business license can be a complex process that requires careful study and comprehensive financial estimates. Therefore, it is necessary to plan carefully financially and communicate with the competent authorities to ensure that all required and various fees in the process of obtaining a commercial license are covered. Certainly, Itqan Company can provide support and assistance in determining and estimating the cost of a commercial license and provide the necessary services to facilitate this process and achieve success in the business world in Dubai.
Frequently asked questions about the cost of a Dubai business license
What are the basic costs of obtaining a business license in Dubai?
The cost of a business license in Dubai consists of several components, including registration and licensing fees, visa fees, consultation fees, and annual renewal fees.
What government fees must be paid to obtain a business license in Dubai?
Government fees vary based on the type of company and its activity, but fees that must be paid may include basic registration fees, licensing fees, visa fees, advertising fees, and tourist visa fees if necessary.
Are there additional costs I should expect after obtaining a trade license?
Yes, after obtaining a trade license, additional costs can result such as annual renewal fees, tax fees and other legal fees.
Can discounts or payment facilities be provided to reduce the cost of a commercial license in Dubai?
Some government agencies may offer payment facilities and discounts to reduce the cost of the commercial license, and you can inquire with the competent authorities to obtain accurate information about this.
Can I apply for a business license online?
Yes, an application for a commercial license can be submitted online in Dubai, and there are e-government services that provide this possibility.