LIMITED LIABILITY COMPANY (LLC)
License Type: Commercial
Business Type: Technical Works
The following activities can be included in this license:
STEPS TO FOLLOW
|Description||FEES IN AED|
|Commercial Name Reservation from Economic Department (DED) branch or DED Counter at Tas'heel Centres.
Documents required: Any one of the partners' passport copy and list of proposed names. Name Reservation can be completed same time (Dh610 government fee+ Dh50 service charge)
|Initial approval: Type (BR1) form, get signature of the partners and submit at Economic Department (DED) branch or DED Counter at Tas'heel Centres. Form can be filled from Typing Centre.
Attachments: Name Reservation Certificate, BR1 Form and Passport copies of partners, NOC from sponsor for expatriate partner who holds Employment Visa/Residence Visa. Visit/Tourist Visa holder can attach his/her visa copy. No need NOC for Partner/Investor visa holders.
|Type LLC Agreement (MoA) from a legal translator and get attested from Notary Public at Al Tawar Centre or Al Barsha or DED at Business Village near Clock Tower. Legal translator's seal is not required if the the agreement is only in Arabic.
CAPITAL: You can write the capital amount in LLC Agreement as much as you want. No need to show Capital deposit certificate from bank. Notary will charge a small percentage at the time of attestation according to the Capital amount and number of partners. Standard capital amount is Dh300,000 out of which 51% (Dh153,000) should be allocated to National partner and remaining 49% can be divided among expatriate partners. If the expatriate partners are two, you can divide the remaining shares to 25% (Dh75,000) & 24% (Dh72,000). If the expatriate partners are more, you can increase the capital. A partner's share value should be Dh70,000 or more to apply for Partner Visa.
|Agreement Typing Charge 400 (Approx)|
|All Partners or Attorney have to attend at Notary to sign the Court Agreement. Attestation fee at the court (Notary Public)||1770 (Approx)|
|Make ready Tenancy contract of the office/shop and register through EJARI online system. EJARI can be prepared from authorized Typing Centre.||205 for Ejari|
|Submit the attested LLC Agreement (one original copy), BR1 form, Name Reservation Certificate, Initial Approval, External Departments approval (if any), Tenancy Contract, EJARI Registration Certificate, passport copies of partners and NOC for partners (if any), at any branch of DED or DED Counter at Tas'heel Centres. Payment voucher will be issued same time or you can take print from DED website. Make payment at the counter and get the license. You can also pay using Credit Card/Direct Debit through DED website after issued the payment voucher.|
|Approximate fees for Technical Service License at DED (above mentioned fees not included)||12310.00|
|Break-up cost of New Trade License at Dubai DED-Technical Service|
|Description||Fees in Dhs|
|Commercial License Fees||700.00|
|Government Cultural Fees||10.00|
|Non-Arabic Trade Name Fees (Dh2000 extra fees for words like Emirates, Gulf, International, Abbreviation. Maximum Trade Name Fees: Dh3000)||2000.00|
|Name board permission Fees||350.00|
|Market Fees (5% of your shop/office rent) amount varies depends on tenancy amount||1250.00|
|Partner Accommodation Fees (Dh500 for each expatriate Partner). If any of the partner paid his accommodation fees with any other license, you can approach DED to remove his fees after get issued the Payment Voucher||1000.00|
|Public Waste related service fees||2000.00|
|Service Improvement Fees (Commercial)||400.00|
|Chamber of Commerce Fees||1200.00|
|Ministry of Economy Fees||3000.00|
|Local Fees - Trade License||200.00|
|Commercial License Fees-Tejari||150.00|
|Total License cost (approximately)||12310.00|
Walk-in Submission facility is available at DED Head Office, Business Village, Near Clock Tower, Deira.
Appointment: You have to take online appointment to submit initial approval application at Economic Department (DED).
How to make online appointment?: Create a new user account through MYID Website. You should have Emirates ID and Card Reader to complete the registration. After submitting required information, you will get a username and password. If you have difficulty in creating User Account, you can go to Tas'heel Centre (for DED Services) at Al Tawar Centre, Qusais. Fees: Dh50. Self service counters are available at DED Business Village Branch, near Clock Tower, Deira, and Emirates ID centers at Karama, Barsha & Rashidiya.
- After creating the account, enter DED site and make appointment. Submit the documents at the selected DED branch.
- After License issued, register with Dubai Chamber, which is there at the same DED building. Collect Registration Form from there, Fill the information, Put authorized signature, company stamp and submit at Dubai Chamber counter. Certificate will be issued same time. Payment already made at DED along with the Commercial License fees.
Documents required: Filled form, Copy of Trade License, Partners List, Commercial Register (3 pages of trade license), LLC Agreement copy, Passport copy of Authorized Signatory and DED Payment Receipt of Trade License.
Chamber Certificate is required for Export & Import purpose, for Registration with various Government Departments and to expand business to other Emirates and abroad.
professional license: Chamber certificate will not be issued for professional licenses.
|DESCRIPTION||FEES IN AED|
|Immigration Establishment Card (Application can be prepared from Typing Centre). Submission at Immigration Office. Card will be issued within five minutes. Read more||850|
|Labour Establishment Card (Application should be typed from Tas'heel Centre). Submission at Labour Office. Card will be issued within five minutes.Read more||2200 (Approx)|
larger portion of Dubai Limited Liability Companies use the local UAE sponsor as a "silent partner." In this arrangement, the local UAE sponsor is usually paid an annual "sponsorship fee" in return for giving up management control of the company to the foreign investor. But as a formality, we should allocate 51% share of the company to UAE National. If you want you can make a Side Agreement to protect your investment stating that the whole investment including sponsor's share belongs to you. This agreement cannot be attested by Notary. But you can get signed by the sponsor as a confirmation.
Commercial license is valid for one year. After expiry, 30 days grace period is there. If not renewed within grace period, Dh200 fine per month will be charged at DED. At the time of renewal, in addition to above fees, employee accommodation fees to be paid extra according to the number of staff. For Managers and Degree/PG level profession holders should pay Dh500 per head and for low level staff Dh300 per head. This amount should be paid every year. Partner: Dh1000, Supervisor: Dh500, Clerical Staff, Waiter, Labourer: Dh300 each.
DED (Economic Department) BranchesOffice: Business Village
Near Clock Tower
Tel: 04-4455006 (VIP Section)Al Tawar
Al Tawar Centre, First Floor, Qusais, Deira, Dubai
Tel: 04-601 3333
Tel: 04-382 7709
Bur Dubai, Al Barsha 2, Street 23rd.
Tel: 04-202 0429