The Costs involved in setting up a mainland Business

 The Costs involved in setting up a mainland Business 







Setting up a mainland business in the UAE involves several costs, including:


License fees: This is the primary cost associated with setting up a mainland business. The amount varies depending on the type of business activity and the location. For example, a commercial trading license in Dubai costs AED 15,000, while a professional license costs AED 7,500.


Office rent: To obtain a mainland business license, you must have a physical office space. The cost of rent varies depending on the location, size, and quality of the office space. In Dubai, the average cost of office rent is around AED 2,000 per square meter per year.


Local sponsor fees: A local sponsor is required for mainland business setup in the UAE. They charge a yearly fee, which can range from AED 5,000 to AED 25,000, depending on the type of business and the level of involvement required.


Visa fees: To operate a mainland business, you must have a valid UAE residency visa. The cost of obtaining a visa depends on the type of visa and the duration. For example, a three-year residency visa for a partner or investor can cost around AED 5,000.


Government fees: There are several government fees associated with setting up a mainland business, such as the registration fee, name reservation fee, and chamber of commerce fees. The total amount varies depending on the type of business and the location.


Professional fees: You may need to hire a corporate Pro Officers, or accountant to help you with the setup process. The fees for these services can vary depending on the provider and the complexity of the project.


Insurance fees: Business insurance is mandatory in the UAE. The cost depends on the type of coverage and the size of your business.


Overall, the cost of setting up a mainland business in the UAE can range from AED 30,000 to AED 100,000 or more, depending on the size and type of business, as well as the location. It is essential to research and plan for all these costs before starting the setup process to avoid any surprises.

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