Registration of a trading company in DMCC Free Zone

Pauline Familara
Pauline Familara
Administrator
17 April 2024
Registration of a trading company in DMCC Free Zone
Content

Preface

We needed to register a grain trading company for our client, Araz. After studying the specifics and direction of their work, we opened the company in the DMCC Free Zone in Dubai. We provided complete support in company registration, opening a bank account, and obtaining visas.

The opening of this company cost 21 600 $, office rent – 17 000 $, company’s share capital13 700 $.

Cost details

  • Company name registration
  • Preliminary company registration
  • Obtaining a trading license
  • Company registration with the immigration service

9 350 $

  • Company’s share capital

13 700 $

  • Rent for a small office

17 000 $

  • Fees for processing 3 resident visas for employees (including Medical examination, Emirates ID acquisition, VISA issuance)

5 650 $

  • Consulting company fee for assistance in company registration, documentation, visa acquisition, and opening a bank account in the UAE

6 600 $

Total:

52 300 $

The company registration process took 2 weeks.

The issuance of resident visas for employees took 9 days, and the opening of a bank account took about 25 days (the client had an Armenian passport).

Araz’s feedback

Finally, we made the decision to enter the international grain trading market. I am very glad that I found the company Dynasty Business Adviser. Without delays, they promptly opened the company, arranged the employees, and launched the work process. Thank you very much for your confident and high-quality work, as well as for the support!

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