This type will suit professional services company such as consultancy, interior design firm, accounting company, etc.
one expatriate owner and one local agent
Local agent – 0%
Expatriate owner – 100%
This type is similar to SOLE ESTABLISHMENT, but there is more than one expatiate owner.
two or more expatriates and one local agent
Local agent – 0%
Expatriate owners – 100%
This type will suit trading company, retail store, beauty salon, travel agency, nursery, etc.
one or more expatriates and one local partner
Local agent – 51%
Expatriate owners – 49%
This type will suit a foreign company who needs to have an office in UAE. Activity is limited to marketing and representing.
foreign company and one local agent.
Local agent – 0%
Foreign company – 100%
This type helps to expand Free Zone company’s market opportunities.
Free Zone company and one local agent
Local agent – 0%
Free Zone company – 100%
In order to open a company in the UAE, you have to find a local partner – a citizen of the United Arab Emirates, who will nominally be a co-owner of the business. Usually such partner is simply referred to as “local”.
Your relations with the “local” will be regulated by a Memorandum of Association that has to be signed and attested in the Court. Usually locals do not interfere into your business affairs. Their responsibility is to represent your company in sych governmental bodies as Ministry of Labour and General Directorate of Residency and Foreighers Affairs (simply knows as “Immigration”).
However, if you do not want your local to take even that responsibility, you may require a Power of Attorney from him, that will enable you to carry out all the relations with these Authorities.
Needless to say, you should be careful when choosing a local. For example, if he is sponsoring many companies, and some problems arise in one of them, all of the companies under his sponsorship may be blosked, causing delays and troubles in your business.
|PARTICULARS||COMMERCIAL, TRADING OR PROFESSIONAL LICENSE||GENERAL TRADING|
|License & incorporation cost||12 000 AED||29 000 AED|
|Local sponsor’s or agent’s fees||15 000 AED||20 000 AED|
|Establishment Card||1 000 AED||1 000 AED|
|Our professional fees for company formation||9 500 AED||9 500 AED|
|Total||37 500 AED||59 500 AED|
Please note: the above government cost is only an approximate cost. The fees may vary based on the activity chosen, no. of shareholders and size of the office. The balance amount should be adjusted immediately once the additional cost is communicated.
|PARTICULARS||INVESTOR VISA (3 YEARS VALIDITY)||EMPLOYEE VISA (2 YEARS VALIDITY)|
|Government Cost||3 000 AED||4 000 AED|
|Refundable deposit (Refundable upon cancellation of visa)||10 000 AED||3 000 AED|
|Our Professional fees||1 000 AED||1 000 AED|
|Total||14 000 AED||8 000 AED|
Please note: The above Govt. cost is only an approximate and any difference in the same should be reimbursed by the client.
All approvals are subject to discretion by immigration. We do not take any responsibility if the application is rejected.
We sign contract with you and get the power of attorney from you. We get down to work. We prepare the documents and submit them to the Department of economic development.
On 5-th or 6-th day you need to meet the local and sign Memorandum of Association, which has to be attested by a notary. After that we continue our work: collect the remaining documents and submit them to governmental authorities.
We monitor the registration procedure, and as soon as everything is ready, we send you the license by e-mail. The license as an electronic PDF document.
If you need to register business urgently, we offer company registration in 4-5 days.
*Terms and conditions may vary depending on your company’s activity.
Some documents have to be approved by relevant ministries and departments – it may take extra 5-7 days.
you get a competent dedicated manager for the whole set up process
no hidden fees – we will give you all government receipts
we will find the best solution to fit your requirements
all your personal information is strictly confidential
one company for all your needs – license, visa, bank account, governmental approvals, ect.
We do complete company registration from A to Z including visas for the owners. You also get business support services such as marketing, web-designing, consulting on any issues related to business or life settlement in the UAE.
You have to be present only twice – at the initial stage and at the stage of signing Memorandum with your local sponsor. All the rest will be done by us. The only thing we need from you – Power of Attorney to act on your behalf.
We start our work straight away after we sign a Service Agreement and receive service payment from you.
You need to make a few simple steps:
Usually it takes around 12-14 working days providing we don’t have to get additional approvals for your business.
Yes, we can. We can help you to prepare all the necessary documents and go to the bank with you.
In this case we will return you a part of your payment. We will hold only the amount of to cover the work that has been done by us up to the point when the process stopped by some major force reason not depending on us or you.
You also can get business support services such as: