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Starting a Business in Dubai
 
 
 

Limited Liability Company (LLC)

Procedure 1: Submit the company registration application and the proposed company name to the Department of Economic Development (DED)

Time to complete:
1 day.

Cost to complete:
AED100 fee for the initial approval.

Comment:
To register a company, the founder must first obtain preliminary approvals from the Licensing Section of the Dubai Department of Economic Development (DED) on the classification of the limited liability corporation’s capitalisation, business activities, trade name, and identity of partners.

Procedure 2: Notarise the company’s Memorandum of Association in DED

Time to complete:
1 day.

Cost to complete:
0.25% of the capital (for 3 copies of the Memorandum of Association), AED 5 for each page of the additional copy.

Comment:
The applicant notarises the AOA at DED that provides a standard Memorandum of Association (AOA). Notarisation takes no more than 1 day. A common practice is for the entrepreneur’s lawyer to get a preliminary approval from the notary beforehand so that the client can arrive at a specified time and have the documents notarised immediately. The maximum notary fee is AED10,000.

Procedure 3: File company documents with the Department for Economic Development (DED) and obtain trade licence

Time to complete:
6 days.

Cost to complete:
5% of the value of the lease agreement + AED1,000-3,000 waste fees + AED600 for company registration + AED500 fees for signboard approval.

Comment:
To obtain the Trade Licence and Commercial Registration Certificate, the LLC must submit the following original documents to the Commercial Registry at the DED Trade Licence and Commercial Registration Department:

• the prescribed application form, signed by the company manager(s) or their legal representative(s);
• the memorandum of association (an original and a copy);
• a letter issued by the DED, attesting to the company name approval;
• the original letter of company approval, issued by the DED Committee of Limited Liability Companies.


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