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Business Setup In Dubai Maritime City

Company Registration in Dubai Maritime City

Dubai Maritime City is the first location that is designed entirely for maritime industry, commerce, and trade. Its aims for the maritime community to have a dynamic urban lifestyle.

Dubai Maritime City Authority has all that the maritime industry needs to ensure that the role of this industry is maximized as much as possible. The world-class facilities of Dubai free zone authority are environment-friendly. It ensures the safety of the assets and business structures through its high maximum standards and procedures.

Business setup in Dubai Maritime City, like any other business setup in Dubai free zones, can only be done by following the systematic and proper processing. To ensure that the company registration in Dubai Maritime City are correctly done and in the right time frame, the procedures should be followed.

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  • Following industries you can setup in Dubai Maritime City

    We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.

  • Benefits of Business Setup in Dubai Maritime City

    Investors find the UAE to be a conducive location for investing or expanding their business. That is why business owners tend to carry out a business setup in Dubai free zones because of the soaring economy of the country and its strategic location. For businessmen who have companies that fall under the maritime industry, this is the perfect location to have their organization grow.

    Business people who are thinking of conducting a business setup in Dubai Maritime City will have their companies’ requirements met as this location offers solutions and facilities that are unmatched. In addition to this, they offer Dubai free zone benefits as listed below:

    • 100% foreign ownership
    • Zero tax
    • Minimum capital requirement limited restrictions
    • No currency restrictions
    • No restriction on foreign talent or employees
    • Onsite customs
  • Business Setup Requirements & Procedure

    Requirements for Freezone Company Formation in DMC

    • Proof of tradename reservation (our firm’s task)
    • Proof of initial approval for the activities (our firm’s task)
    • Passport copies for the shareholders
    • Passport copy and CV (resume) of the manager
    • Personal information sheet of each shareholder and manager (template will be forwarded by our firm)
    • Lease agreement (documents)—having a physical address for your business/office is mandatory in the UAE. The rent in average within the free zone area is USD 25 up to USD 45 per sq. ft. (USD 225 up to USD 400 per sq. m.). Our firm can assist you while searching for your physical address. To learn more about leasing and rental cost, you can read it here (this item will be required only after we obtain the initial approval from the authority).
    • Notarized and attested Power of Attorney appointing our firm as your legal representative, so that we can act on your behalf and/or on behalf of the shareholders (template will be forwarded by our firm)
    • There are some activities which might require third-party/authority pre-approval—accordingly additional cost and professional fees might be applicable.
    • Also, during the process, the authorities might require a few other documents.

    Additional Documents Required for a Corporate Shareholder and Branch

    • Attested and notarized Memorandum of Association/Article of Association—it must be attested from the UAE Embassy at the place of origin.
    • Board resolution to be resolute by the board of directors of your existing company/entity at the place of origin expressing intent of establishing a new setup abroad—it must be attested and notarized by the UAE Embassy (template will be forwarded by our firm)
    • Certificate of registration (if applicable) for your existing company/entity, license, or certificate of incorporation of your existing company/entity attested and notarized by the UAE Embassy

    The procedure of processing your business setup in Dubai Maritime City will range from 2 to 4 weeks.

  • The procedure of processing the company setup would range from 2 to 4 weeks.

  • Support Services Offered in DMC

    FAR Consulting Middle East is one of the leading consulting companies in Dubai that deal with corporate business services Dubai. We assist people who have questions on how to open a business in Dubai.

    We can provide the following services when you let us handle your affairs when it comes to company setup in Dubai:

    • Applying and following up on behalf of the client until the collection of the Certificate of Business Registration (Trade License)
    • Representing the client in front of the authorities
    • Assisting the client in bank account opening
    • Assisting the client in account opening with the Ministry of Labour
    • Assisting the client in account opening with the UAE immigration
    • Assisting the client in leasing a premise as an address for the business
  • Business Setup Cost in Dubai Maritime City

    The below table shows the estimated Dubai free zone company setup cost in DMC, which also includes the Dubai free zone license cost. If need be, you can contact us for further clarification and information.

    Dubai Free Zone Company Formation Cost – DMC
    Table of Estimated Government Cost and Professional Fees
    Trade License Option/Activity Cost in USD Cost in AED
    Industrial License USD 2,570 AED 9,375
    Commercial License
    Specific Trading USD 2,570 AED 9,375
    Oil & Gas USD 3,425 AED 12,500
    Real Estate USD 5,135 AED 18,750
    Aviation USD 5,135 AED 18,750
    General Trading License USD 5,135 AED 18,750
    Service License
    Specific Services USD 2,570 AED 9,375
    Oil & Gas USD 3,425 AED 12,500
    Freight Forwarding USD 2,910 AED 10,625
    Real Estate USD 5,135 AED 18,750
    Aviation USD 5,135 AED 18,750
    Our Firm’s Professional Fees USD 5,000 AED 18,365

    ATTENTION – NOTE

    All fees for government and related authorities are an estimation only. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.

    Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.

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