Fees and timelines in 2024
Fees
The average total fee per UAE entity type is outlined in the table below. These fees include business registration, opening a corporate account and all estimated government fees:
-
UAE mainland entities
Different UAE entity types UAE mainland Year 1 Cost Year 2 Cost Draft Invoice Dubai mainland LLC US$23,610 US$12,932 View invoice PDF Dubai joint stock company US$22,000 US$9,850 View invoice PDF Dubai representative office US$26,200 US$4,900 View invoice PDF Dubai branch of a foreign company US$35,450 US$13,800 View invoice PDF Abu Dhabi LLC US$29,538 US$12,003 View invoice PDF Abu Dhabi representative office US$14,750 US$9,100 View invoice PDF Abu Dhabi branch of a foreign company US$37,400 US$11,750 View invoice PDF RAK LLC US$23,400 US$10,469 View invoice PDF RAK joint stock company US$23,400 US$10,469 View invoice PDF RAK branch of a foreign company US$23,400 US$10,469 View invoice PDF RAK representative office US$23,400 US$5,519 View invoice PDF Sharjah LLC US$30,995 US$13,960 View invoice PDF Sharjah private joint stock company US$30,995 US$13,960 View invoice PDF Sharjah representative office US$32,795 US$9,010 View invoice PDF Sharjah branch of a foreign company US$32,795 US$13,960 View invoice PDF Ajman LLC US$29,375 US$8,960 View invoice PDF Ajman joint stock company US$28,075 US$9,950 View invoice PDF Ajman branch of a foreign company US$28,075 US$11,400 View invoice PDF Ajman representative offie US$28,075 US$12,400 View invoice PDF Ajman residence visa US$27,115 US$9,950 View invoice PDF -
UAE offshore entities
Options for forming UAE Offshore companies Year 1 Cost Year 2 Cost Draft Invoice JAFZA offshore company formation US$22,393 US$10,143 View invoice PDF RAK offshore company formation US$16,714 US$5,620 View invoice PDF Ajman offshore company formation US$12,670 US$3,200 View invoice PDF -
UAE free zone entities
UAE free zones Year 1 Cost Year 2 Cost Draft Invoice Abu Dhabi Global Markets free zone company (ADGM) US$30,828 US$22,895 View invoice PDF Abu Dhabi free zone company (FTZ) US$26,350 US$7,050 View invoice PDF Dubai FTZ - DIFC non financial companies US$40,437 US$27,765 View invoice PDF Dubai FTZ - DIFC Holding companies US$57,888 US$32,803 View invoice PDF Dubai FTZ - DIFC Prescribed company US$18,779 US$14,001 View invoice PDF Dubai FTZ - DIFC financial companies category 1 US$89,742 US$56,624 View invoice PDF Dubai FTZ - DIFC financial companies category 2 US$104,742 US$81,624 View invoice PDF Dubai FTZ - DIFC financial companies category 3A US$89,742 US$56,624 View invoice PDF Dubai FTZ - DIFC financial companies category 3B US$84,742 US$46,624 View invoice PDF Dubai FTZ - DIFC financial companies category 3C US$69,742 US$36,624 View invoice PDF Dubai FTZ - DIFC financial companies category 3D US$69,742 US$36,624 View invoice PDF Dubai FTZ - DIFC financial companies category 4 US$79,742 US$46,623 View invoice PDF Dubai FTZ - BPFZ US$21,150 US$9,000 View invoice PDF Dubai FTZ - Dubai Airport US$22,063 US$12,329 View invoice PDF Dubai FTZ - Dubai Internet City US$27,393 US$17,320 View invoice PDF Dubai FTZ - Dubai Logistic City US$19,350 US$12,000 View invoice PDF Dubai FTZ - Dubai Maritime City US$23,520 US$10,920 View invoice PDF Dubai FTZ - Media City US$19,650 US$11,900 View invoice PDF Dubai FTZ - DMCC US$24,874 US$15,999 View invoice PDF Dubai FTZ - Dubai Knowledge Park US$21,375 US$10,750 View invoice PDF Dubai FTZ - Dubai Cars and Automotive US$22,413 US$8,229 View invoice PDF Dubai FTZ - Dubai Auto Parts City US$22,650 US$13,400 View invoice PDF Dubai FTZ -Dubai South US$25,250 US$9,950 View invoice PDF Dubai FTZ - DHC US$26,015 US$17,902 View invoice PDF Hamriyah free zone company US$21,980 US$11,682 View invoice PDF Sharjah free zone company US$29,890 US$13,857 View invoice PDF Ajman free zone company US$23,125 US$10,500 View invoice PDF Ajman Media City free zone company US$18,245 US$11,500 View invoice PDF RAKEZ company US$19,605 US$11,182 View invoice PDF Jebel Ali FTZ - JAFZA US$28,255 US$16,358 View invoice PDF Umm Al Quwain FTZ US$20,520 US$7,170 View invoice PDF Fujairah FTZ US$23,215 US$7,840 View invoice PDF International Free Zone Authority - IFZA US$24,643 US$16,643 View invoice PDF International Free Zone Authority - IFZA (2 visas) US$32,775 US$15,293 View invoice PDF IFZA-FZCO Annual Renewal US$12,970 US$12,970 View invoice PDF -
Other UAE company services
UAE corporate bank account opening (travel required) Remarks Cost in USD UAE corporate bank account for a UAE company we register Simple corporate structure and business activity US$4,950 Complex corporate structure or business activity (e.g. crypto) US$6,950 UAE corporate bank account for a UAE company we didn’t register UAE corporate bank account for a UAE company US$6,950 Complex corporate structure or business activity (e.g. crypto) US$8,950 UAE personal bank account US$2,950 UAE residency/employment visa Remarks Cost Employment visa fees Our fee includes
i) an Employee Protection Program (EPI) fee (US$23 to US$155 depending on salary range and type of visa);
ii) a medical fitness test (US$235)
iii) Emirates ID application (US$165) and
iv) government application fee (US$1,500). Excludes health insurance feesUS$4,950 Golden visa fees US$7,950 Dependent visa - spouse US$2,950 Dependent visa - child US$1,950 UAE company accounting and tax services Remarks Cost Annual accounting and tax fees for an active company This is an estimate of Healy Consultants fees. Following receipt of a set of draft accounting numbers from your company, Healy Consultants will accurately advise the accounting and tax fees for your business. US$5,950 Annual accounting and tax fees for a dormant company US$1,200 Approximate audit fees (if required) US$2,000 VAT return Quarterly or monthly depending on volume US$750 Book-keeping Click here Payroll Click here
Timelines
The average UAE setup engagement period is 17 weeks as outlined below:
| Service | Mainland | Free Zone | Offshore (except JAFZA) | JAFZA offshore |
|---|---|---|---|---|
| Engagement planning | 1 week | 1 week | 1 week | 1 week |
| Company incorporation | 5 weeks | 6 weeks | 2 weeks | 4 weeks |
| Corporate bank account approval | 8 weeks | 8 weeks | 12 weeks | 8 weeks |
| Corporate internet banking approval | 1 week | 1 week | 1 week | 1 week |
| Engagement completion | 1 week | 1 week | 1 week | 1 week |
| Total engagement period | 16 weeks | 17 weeks | 17 weeks | 15 weeks |
