info@wisefinance.info | +971 4 551 3434 | +971 56 1204 624

Our Services

Meydan Free Zone

  • Flexibility to do business in any part of the UAE with local and government authorities
  • No limit on number of visas (depending
  • on the size of the office space)
  • Office premises anywhere in mainland Dubai
  • More options on business activities
  • Fewer nationality restrictions in ownership and visas compared to other jurisdictions

 

 

 

 

 

 

 

Licensing Options for  Maximum  Business  Freed​om

​Trade License​​

​Commercial License
​Import, Export, Distribution, consolidation, storage or warehousing of items specific in the license, Maximum limit is
three similar product lines.
​General Trading
​General Trading license can be obtained under a commercial license which allows a large number of products.

​Service license

Service license allows the holder to carry out service specified in the license only.  All type of services are allowed
unless otherwise restricted by the Federal or local authorities.

​Industrial License

​Import  of  raw  materials,  manufacturing,  processing,  assembling, packaging and exporting the finished product.​​​​​​​​​​​​

DEPARTMENT OF ECONOMIC DEVELOPMENT (DED) LICENSE

Corporate LLC SPONSORSHIP
Year 1Year 2
Initial Payment:
Sponsorship: Starting from AED 20,500
DED Payment Voucher Fee: AED 15,000 – 18,000**
Initial Payment:
Sponsorship: Starting from AED 22,500
DED Payment Voucher Fee: AED 10,000 – 15,000**

 

LOCAL SERVICE AGENT
Year 1Year 2
Initial Payment:
Sponsorship: Starting from AED 18,500
DED Payment Voucher Fee: AED 15,000 – 18,000**
Initial Payment:
Sponsorship: Starting from AED 18,500
DED Payment Voucher Fee: AED 10,000 – 15,000**

 

  • * Sponsorship fee may vary depending on the business activities and requirements of clients. The sponsorship fee will increase if the number of employees increases to more than 100 and if a LLC company requires credit facilities on the MOA.
  • * Sponsorship fees for Industrial/Manufacturing licenses starts from AED 75,000.
  • * The Memorandum of Association/Local Service Agent Agreement/Civil Works Agreement drafting and notarizing fees will be approximately AED 1925 (based on a 2 shareholder, AED 100,000 share capital computation).
  • * Payment Voucher for General Trading companies will be approximately AED 25,000 – AED 30,000.
  • * Sponsorship fees, PRO Fees, and License fees are annual and payable upon license expiry.
  • * Upon sign-up, the Name Reservation Fee of 660 AED and Initial Approval Fee of 160 AED must be paid and all actual government payments are invoiced as it is being processed. The client will pay all actual charges to us before any application is made to Dubai DED.
  • * Should an LLC require credit facilities, the company must be able to provide proof of paid up share capital as per the MOA.
  • ** Final Payment Voucher Fees are dependent on the business activity as well as cost of your annual lease (Market Fee is 5%).
  • * DED Payment Voucher Fee needs to be paid annually.

Proposed Company Names:


Brief Business Summary:

License Type
General TradingCommercial LicenseProfessional License

Existing UAE Residence :
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