Fees and timelines in 2023
Fees
Incorporation costs in Year 1 amount to US$24,500 and annual company costs in Year 2 and thereafter amount to US$11,050. The average fee per Abu Dhabi engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:
| Different Abu Dhabi entity types | Cost | Draft invoice |
|---|---|---|
| Tax resident LLC | US$22,633 | View invoice PDF |
| PLC | US$31,690 | View invoice PDF |
| Free zone company | US$26,350 | View invoice PDF |
| Branch of a foreign company | US$37,400 | View invoice PDF |
| Representative office | US$14,750 | View invoice PDF |
| Global Market Foundation | US$16,800 | View invoice PDF |
Timelines
The average Abu Dhabi company formation engagement period is 16 weeks as outlined below:
| Service | Limited Liability Company (LLC) | Freezone | Branch office | Representative office |
|---|---|---|---|---|
| Engagement planning | 2 weeks | 2 weeks | 2 weeks | 2 weeks |
| Company incorporation | 6 weeks | 4 weeks | 8 weeks | 8 weeks |
| Corporate bank account approval | 4 weeks | 3 weeks | 3 weeks | 3 weeks |
| Corporate internet banking approval | 3 weeks | 3 weeks | 3 weeks | 3 weeks |
| Engagement completion | 1 weeks | 1 weeks | 1 weeks | 1 weeks |
| Total engagement period | 16 weeks | 13 weeks | 17 weeks | 17 weeks |
