*available to women owners only

**all executive packages include IT charges

Individual Professional License:

Package Visa Eligibility 1 year 3 years
Entrepreneur 1 visa AED 10,101 AED 26,640

E-commerce License:

Package Visa Eligibility 1 year 3 years
Networking 0 visa AED 8,580 AED 22,495
Entrepreneur 1 visa AED 11,901 AED 31,589
Partner 2 visas AED 13,461 AED 35,880
Enterprise 4 visas AED 14,721 AED 39,345
Serviced Office A 2 visas AED 13,521 AED 36,044
Serviced Office B 4 visas AED 15,321 AED 40,995
Standard Office 4 visas AED 15,111 AED 40,416
Executive Office 6 visas AED 20,811 AED 51,527

General Trading:

Package Visa Eligibility 1 year 3 years
Serviced Office A 2 visas AED 17,721 AED 47,594
Serviced Office B 4 visas AED 19,521 AED 52,544
Standard Office 4 visas AED 19,311 AED 51,967
Executive Office 6 visas AED 25,011 AED 60,685

Media License:

Networking 0 visa AED 6,180 AED 15,895
Entrepreneur 1 visa AED 9,501 AED 24,990
Partner 2 visas AED 11,061 AED 29,280
Enterprise 4 visas AED 12,321 AED 32,745
Serviced Office A 2 visas AED 11,121 AED 29,445
Serviced Office B 4 visas AED 12,921 AED 34,395
Standard Office 4 visas AED 12,711 AED 33,816
Executive Office 6 visas AED 18,411 AED 44,927

Educational License – Consultancy:

Package Visa Eligibility 1 year 3 years
Networking 0 visa AED 8,580 AED 22,495
Entrepreneur 1 visa AED 11,901 AED 31,589
Partner 2 visas AED 13,461 AED 35,879
Enterprise 4 visas AED 14,721 AED 39,345
Serviced Office A 2 visas AED 13,521 AED 36,044
Serviced Office B 4 visas AED 15,321 AED 40,994
Standard Office 4 visas AED 15,111 AED 40,417
Executive Office 6 visas AED 20,811 AED 51,527

Educational License – Training Institute:

Package Visa Eligibility 1 year 3 years
Networking 0 visa AED 8,580 AED 22,495
Entrepreneur 1 visa AED 11,901 AED 31,589
Partner 2 visas AED 13,461 AED 35,879
Enterprise 4 visas AED 14,721 AED 39,345
Serviced Office A 2 visas AED 13,521 AED 36,044
Serviced Office B 4 visas AED 15,321 AED 40,994
Standard Office 4 visas AED 15,111 AED 40,417
Executive Office 6 visas AED 20,811 AED 51,527

Educational License – Research and Development:

Package Visa Eligibility 1 year 3 years
Networking 0 visa AED 8,580 AED 22,495
Entrepreneur 1 visa AED 11,901 AED 31,589
Partner 2 visas AED 13,461 AED 35,879
Serviced Office A 2 visas AED 13,521 AED 36,044
Serviced Office B 4 visas AED 15,321 AED 40,994
Standard Office 4 visas AED 15,111 AED 40,417
Executive Office 6 visas AED 20,811 AED 51,527

*Instalment Available: 1 + 2 UAE PDCs. The interval between each instalment is 90 days (1 Year)
*Instalment Available: 1 + 5 UAE PDCs. The interval between each instalment is 60 days (3 Year)

Additional Costs:

·       Preapproval: AED 100 per applicant
·       Company set up 1st renewal: AED 1,000 less to the offer price
·       E-channel registration: AED 2200. E-channel annual renewal is AED 1200.
·       1 Free investor visa for 3 years package : AED 3950 (includes entry permit & visa stamping) Does not include the Medical, ID, and Status Change
·       For all Co-working packages, first visa has to be availed by investor/partner/manager
·       Medical checkup: AED 300 approx.
·       Emirates ID: AED 370
·       In-country visa status change: AED 885*, will apply if you change the status of your visa inside the UAE
·       Employee Visa (3 YEARS) if eligible: AED 3600 (includes entry permit & visa stamping, medical & emirates ID to be done in Ras Al Khaimah medical center)
·       Employee Visa refundable deposit AED 2000
·       Facility deposit (Serviced Office A): AED 500
·       Facility deposit (Serviced Office B): AED 650
·       Facility deposit (Standard Office): AED 633
·       Facility deposit (Executive Office): AED 900
·       IT charges (Executive Office) AED 3,600 per annum plus AED 550 installation (5 % VAT applicable)
·       Economic substance activities can be offered only with office facilities (serviced office A or B, standard office or with the executive office only)
·       Special activity charges of AED 10,000 per activity on Commercial license is waived off if only on 3-years package
·       Special activity charges of AED 6,500 per activity on Services license is waived off if only on 3-years package
·       If Shareholder/s and OR General Manager has a valid UAE Residence a declaration form to be signed by the client

Price:

  • 1 year license: aed 5,500
  • 3 year license: aed 15,600

Inclusions:

  • Type of Shareholders : Individual
  • No. of Shareholders: 1
  • Licence Term: 1-year and 3-years
  • Manager on the Licence: Same as shareholder
  • Licence Types: Media, E-commerce, Services, Education (Consultancy Services and Training Institute)
  • Excluded Licence Types: Exclusion: Commercial, General Trading and Industrial
  • No. of Activities: 1
  • Visa Eligibility: 0
  • Type of Activities: All (except ESR, DNFBP, Special, Controlled or High-Risk activities)
  • Installment Facility: Eligible for Easy Payment Plans provided by partner banks: ADCB, ENBD, RAKBANK, CBD & EIB
  • Package Upgrade: Permitted to upgrade to standard SME Packages anytime during licence term
  • Licence/Facility amendments permitted (adding or amending activity/changing licence or facility types) : (Permitted only after upgrade to standard SME Packages)
  • Renewal: To support business continuity beyond 3 years, customers will be migrated to standard coworking networking – 0 visa package at prevailing market rates
  • Deregistration fee: Before completion of 3 years – AED 4,500 After 3 years – AED 3,000

Advantages:

1. The most competitive business launch price in the UAE
2. An ideal business set-up solution tailored for market explorers, entrepreneurs and micro businesses
3. Opportunity to conduct business in growing sectors such as e-commerce, e-gaming, media, education and consulting
4. Same price guaranteed for 3 years
5. Unlimited access to Compass Coworking Centre for networking opportunities
6. Coworking facility lease agreement with every package to assist with bank account opening
7. Fully digital registration and renewal process, no physical presence of shareholder required
8. No NOC required from current sponsor (Letter of Undertaking to be signed by shareholder)
9. Strategic Partnership with RAKBANK, Mashreq, CBD bank for business bank account opening
10. Bouquet of value-added business supporting services available
11. Multiple Payment Channels
12. Easy payment plans with 0% interest are available with partner banks such as: ADCB, ENBD, RAKBANK, CBD and EIB

Required documents:

  • Three company name choices (in order of preference)
  • Passport copy of Shareholder/s and General Manager
  • Copy of valid UAE Residence Visa
  • Letter of Undertaking to be signed by shareholder
FIDA.GroupHeadquarters
Business Bay
Dubai, United Arab Emirates
PO Box 413149
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