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SALIENT FEATURES FOR FORMATION OF A COMPANY IN DUBAI WITH PROFESSIONAL / SERVICE LICENSE:
| a) General Information |
| 1) Legal Status |
Wakkile Khidmat – 100% Ownership of a foreign national or nationals. Local sponsor will be legal service Agent |
| 2) Capital |
N.A |
| 3) Type: |
Professional License (LLC structure is not permitted) |
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b) Approximate cost for various formalities:
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1) Local Sponsor fee
(Legal Service Agent)
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US $ 6830/- p.a onwards |
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| 2) Office Rent: |
Minimum office space required 500 Sq.feet.
Rent depends on size and Location
Rent per sq feet US$ 32/- to 68/-
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| 3) Professional License Expenses: |
US$ 2186/- to US$ 2,732/- (approx) this depends upon the nature of activity and size of office as well.
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8) Other Expenses:
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| i) Visa (Per Employee) |
Guarantee: US$ 820/- (Refundable)
Processing: US$ 1,913/- (Apx)
(Valid for 3 years)
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| ii) Visa (Per Partner) |
Guarantee: US$ 5,464/- (Refundable)
Cost: US$ 300/- (Apx)
(Valid for 3 years)
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| iii) Labor Computer Card |
Processing Fee: US$ 546/- (One time fee)
(Revalidation to be done every year without fee)
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| iv) Immigration Computer Card |
Processing Fee: US$ 197/-
(Valid for 3 years)
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Note:
1. Activity should be decided by the client from the activity book issued by Department of Economic Development.
2. All documents related to labor department for employment visa will be signed by the Local Sponsor.
3. Premises should be leased after the approval of the planning department of economic department.
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c) The following documents shall be arranged upon by us.
1) Professional Service License.
2) Certificate from chamber of commerce.
d) Documents / Details required
1) Application form duly signed by all the partners.
2) Passport copies of all the shareholders (Zinsia copy /Family card of the Local partner)
3) Important Clauses to be incorporated in MOA (we will guide you)
4) Few Trade Names
5) Tenancy Contract of office/shed.
6) Address & Contact nos. for preparing legal service agreement.
Contact Us
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