Understanding the Cost of a General Trading License in Dubai
Starting a business in the UAE often begins with obtaining a license, and for those exploring opportunities in general trading companies in Dubai, understanding the associated costs is essential. The expenses for a general trading license can vary depending on multiple factors. Here’s a detailed breakdown:
1. License Fees:
The base fee for establishing a general trading LLC in Dubai ranges from AED 12,500 to AED 15,000 (approximately USD 3,400 to USD 4,100).
2. DED Activity Fees:
The Dubai Department of Economic Development (DED) charges specific fees for general trading activities, which typically amount to around AED 15,000 (USD 4,100).
3. Additional Costs:
When applying for a general trading license, consider the following additional expenses:
- Trade Name Approval Fee: The cost of reserving and registering a unique business name.
- Initial Submission Cost: Fees associated with the documentation and approval process.
- Virtual Office Contract Fee: Applicable if you choose a virtual office address.
- Business Center Fees: Charges for utilizing shared office spaces or other business center services.
Total Estimated Cost:
By accounting for the base license fees, DED activity fees, and additional costs, the total cost of obtaining a general trading license in Dubai generally falls between AED 28,000 and AED 40,000 (approximately USD 7,600 to USD 11,000).
