Starter Package

August 20, 2022

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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+971 558 384 193
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