visaprocessUAE: Set up your own business for less than Dh15,000 in Dubai

Total ownership, visas, virtual office space: Benefits of setting up a mainland company.

You can start your own professional services mainland company with 100 per cent ownership, for less than Dh15,000 in Dubai.
Sole establishments are a cost-effective way to go the entrepreneurial route.
It also allows 100 per cent ownership, as opposed to an LLC.
Sole proprietorship is becoming a popular option for start-ups.
It is a cost-effective option, which gives you 100 per cent ownership.

Professional Firms
While setting up a Limited Liability Company legally requires an Emarati sponsor, who has 51 per cent ownership of the company, a sole proprietorship can be a good option for entrepreneurs who want to set-up their own services.

It is good option if you are offering professional related services.
For a sole proprietorship, you can get a license, with the assistance of a Local Service Agent (LSA). This makes it possible to retain 100 percent ownership of your business.
For professional license, you would not need an Emarati sponsor but Local Service Agent (LSA) is required.
A UAE national must be appointed as a Local Service Agent but he has no direct involvement in the business and is paid a lump sum service charge. The role of the local service agent is to assist in obtaining license, visas, etc.
The local service agent is paid a lump sum, which can vary based on the agent/type of license.

Which business activities are permitted under a professional licence?

The option is ideal for professional firms, which may engage in activities listed by the Dubai Department of Economic Development for a professional license. These include, but are not limited to:

Consultancies
Security service
Cleaning service
Carpentry
Artisanal services
Printing and publishing
Internet, Graphic design and web design service
Beauty salons
Accounting and auditing companies
Laundry Service
Repairing service
Gymnasium and body building
Music and cultural institute....

Also as it is a mainland company, as opposed to a free zone company, you can legally conduct your business anywhere in the UAE.

Mainland companies can conduct business anywhere in the UAE.

Without office

You also do not need to invest in an office space if you want to start a small business.

Many business centers across Dubai offer virtual office options, for as low as Dh2500 a year.

Total cost of Sole Establishment Trade Licence from DED Dubai (Fees in AED)
1	Initial approval from Dubai DED	115.5
2	Initial Approval Certificate	141
3	Trade name reservation	115.5
4	Trade name certificate	741
5	Electronic Memorandum	210
6	Final submission	115.5
7	Payment voucher for one year license costs from 6000...	6000
8	Local Service Agent fee can vary depending on your agent and the nature of license.	4000
9	Virtual Ejari for one year.	2500
	TOTAL	13,938.5

What are the documents required?

Typed business registration and licensing application form.
List of Trade names
Passport copy of applicant
NOC from the sponsor (if applicable)
CV of the applicant, for a professional business which requires certain work experience and academic qualifications, such as licenses for all kind of consultancies.
Tenancy contract (Ejari).
Appointment Contract of Local Service Agent duly authenticated by the Notary Public (if the license owner is a foreigner).
Payment voucher, which can be printed from the DED website.

Visa for partners and dependents

With a sole establishment license, you can get two visas for two partners (if there is a partner). Partner visa is valid for three years. Each partner can sponsor his or her dependents, including your spouse, children or domestic worker.

A sole establishment also makes sense for people who may be struggling with renewing their residence visas due to job loss, as you can sponsor dependents.

If the trade license holder wants to hire employees, he or she would need to apply for a visa quota with the Ministry of Human Resources and Emiratisation. (MOHRE).

The number of visa permitted may be limited based on whether you have a virtual office or a full-fledged premises.

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Call us for your Business set-up, Investor visa, family visa, maid visa, parents visa, Certificate attestation, Translation....requirements in Dubai.

First Gate Business Service
Al Nahda-2, Dubai, UAE.
00971-55 273 2295, 055-345 7829, 04-239 1302, 04-2658373
www.visaprocess.ae | visaprocess.ae@gmail.com

BUSINESS SET-UP IN DUBAI