Fees and timelines in 2023
Fees
The average total fee per DMCC entity is outlined in the table below. These fees includei) company incorporationii) opening a corporate bank account and iii) all estimated government fees.
DMCC Entity type | Cost | Invoice | T&C |
---|---|---|---|
LLC | US$34,006 | View invoice PDF | View T&Cs |
LLC with proprietary crypto license | US$34,061 | View invoice PDF | View T&Cs |
Branch | US$39,175 | View invoice PDF | View T&Cs |
Annual DMCC LLC renewal | US$18,767 | View invoice PDF | View T&Cs |
Timelines
Service | LLC/Subsidiary | Branch | Rep Office |
---|---|---|---|
Engagement planning | 1 week | 1 week | 1 week |
Company incorporation | 6 weeks | 6 weeks | 6 weeks |
Corporate bank account approval | 8 weeks | 8 weeks | 8 weeks |
Corporate internet banking approval | 1 week | 1 week | 1 week |
Engagement completion | 1 week | 1 week | 1 week |
Total engagement period | 17 weeks | 17 weeks | 17 weeks |