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Types of Licenses
In accordance with the regulatory requirements, every company established in the UAE must renew their Trade License in order to legally continue engaging business activity and operation. The Department of Economic Development (DED) and freezone authority is the authority that issues, regulates and renews mainland and freezone trade licenses respectively. With the help of IBG, you can be ensured that the renewal process is completely done in the right order. IBG offers the best advice and services you need for liquidating your company in Mainland, Freezone and offshore across all the emirates.
During cancellation, the company will be liquidated, and all of its assets and properties will be properly divided among shareholders of the company. In all scenarios of liquidation, IBG offers the best advice and services you need for liquidating your company in Mainland, Free zone, and Offshore across all the Emirates.
Basic
STARTING FROM
AED 8,050.00
Save up to AED 1,207.50
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 11,550.00
Save up to AED 1,732.50
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 11,743.00
Save up to AED 1,761.45
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 15,243.00
Save up to AED 2,286.45
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 12,863.00
Save up to AED 1,929.45
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 16,363.00
Save up to AED 2,454.45
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 13,983.00
Save up to AED 2,097.45
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 17,483.00
Save up to AED 2,622.45
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 15,103.00
Save up to AED 2,265.45
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 18,603.00
Save up to AED 2,790.45
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 16,223.00
Save up to AED 2,433.45
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 19,723.00
Save up to AED 2,958.45
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 17,343.00
Save up to AED 2,601.45
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 20,843.00
Save up to AED 3,126.45
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 5,750.00
Save up to AED 862.50
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 9,250.00
Save up to AED 1,387.50
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 7,745.00
Save up to AED 1,161.75
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 11,245.00
Save up to AED 1,686.75
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 15,520.00
Save up to AED 2,328.00
Basic Contains
Business Incorporation Starter Pack
- Trade License
- Up to 3 Activities
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo / Letterhead / Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on first renewal
- 1 Free Visa Processing for investor from A to Z
- Door-to-Door document delivery(within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 19,020.00
Save up to AED 2,853.00
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Process and Timeline
- Should be 18 years old and above;
- Should not have any criminal records;
- The business should be legally permissible;
- Should be an individual, corporate or mixed of both.
For us to give you the best options for your setup, please provide the following information:
– Nature of business/activity
– No. of shareholders
– No. of visa required
– Office requirement
Company Setup
1. Passport copy
2. Emirates ID copy
3. Visa Copy/UAE entry stamp/ Tourist or visit visa copy
4. Number of shareholders with sharing % Manager of the company
If the manager is not a shareholder:
1. Name
2. Phone Number
3. Address
4. Passport Copy
5. Passport Size Photo
6. Visa Page
7. Emirates ID
For Corporate Shareholder
1. Board resolution
2. License, MOA, Incumbency, Share Certificate, etc. of the shareholding company
3. Passport copy/ies of the UBO/’s
4. Passport copy/ies of the Manager’s
5. Visa page of Manager (if UAE resident)
6. Address of the authorized signatory
7. Passport size photo for the authorized signatory
8. Home & UAE Address
9. Number of shareholders with sharing % Manager of the company
If the manager is not a shareholder:
1. Name
2. Phone Number
3. Address
4. Passport Copy
5. Passport Size Photo
6. Visa Page
7. Emirates ID
For Visa Processing:
Sponsor:
1. License Copy
2. Establishment Card copy
Applicant:
1. Scanned copy of Passport should be current and valid for at least 6 months – colored uncut with full border
2. (1) Passport Size photograph with white background;
3. Tourist visa / Residence Cancellation (if Applicable)
4. Emirates ID copy (if applicable)
5. Information needed for Visa application
Visa Processing
Sponsor:
1. License Copy
2. Establishment Card copy
Applicant:
1. Scanned copy of Passport should be current and valid for at least 6 months – colored uncut with full border
2. (1) Passport Size photograph with white background;
3. Tourist visa / Residence Cancellation (if Applicable)
4. Emirates ID copy (if applicable)
5. Information needed for Visa application
Starts from AED 5,750
Starts from AED 7,745
Other Fees:
Immigration Card (3 years)
AED 1,575
E-channel Deposit
WAIVED
E-channel Registration
AED 2,525
E-channel Renewal
AED 1,250
Investor Visa (3 years)
AED 3,675
Employee Visa (3 years)
AED 3,234
Change Status
AED 998
Medical Test
Starts from AED 300
Emirates ID (3 years)
AED 375
Company Setup
Step 1. Name Approval
1 working day
Step 2. Trade License Issuance
3-5 working days
(if no extra approval and/or no additional requirements is required)
Visa Processing
Step 1. Establishment Card Application
1 working day
Step 2. Establishment Card Issuance
5-7 working days
Step 3. Entry Permit Issuance
5-7 working days
Step 4. Client Arrival (outside country) optional
Depends on the client
Step 5. Change Status
(inside country)
3-5 working days
Step 6. Medical & Emirates ID Typing
1 working day
Step 7. Medical Test & Biometric
1 working day
*The client must go based on the schedule.
Step 8. Medical Certificate Issuance
If Normal – 2 working days
If VIP – 4 hours
Step 9. Visa Stamping
5-7 working days
Step 10. Emirates ID Issuance
5-10 working days
Process and Timeline
IBG Client
If you’re an existing IBG Client, no need to worry. We will send you a reminder if your trade license is due for renewal
If you’re a new client, our team will give you a call to retrieve necessary information before proceeding with the process.
1. Renewal & Amendment Application form
2. Trade License
2. NOC from the first agent (for a new client)
The renewal fee depends on the current license package taken by the client.
Process and Timeline
- Trade License Holder
- Partner/Shareholder
For us to give you the best options for your required service, please give us a call or schedule a consultation.
Company Setup
1. Renewal & Amendment Application form
2. Board Resolution
3. Certificate of Formation
4. Share Register
5. Memorandum (if applicable)
6. Occupancy Agreement (if applicable)
Visa Processing
1. Visa Cancellation form
2. Shams Visa Cancellation Form
3. Passport
4. Emirates ID
License Cancellation fee
AED 2,000
*Penalty incurred for late cancellation will be charged to the client.
AED 520 per visa
Frequently Asked Questions
CAN I MAKE CHANGES TO MY ACTIVITY/ACTIVITIES LATER?
Yes, you may change your business activities even after you have incorporated your company.
CAN I USE MY EXISTING VISA TO INCORPORATE A COMPANY?
Yes, and we do not require a NOC from your existing sponsor.
WHAT IS THE PROCESS OF OPENING A BANK ACCOUNT FOR THE COMPANY?
Our team will provide you with a list of banks with their contact details.
IS A LOCAL PARTNER REQUIRED TO INCORPORATE MY COMPANY IN SHAMS?
No, you will have 100% ownership of your company.
AM I AUTHORIZED TO OWN OTHER COMPANIES IN OTHER EMIRATES USING SHAMS LICENSE?
You can open a branch or subsidiary subject to the approval of relevant authorities.
DOES SHAMS PROVIDE A CHAMBER OF COMMERCE CERTIFICATE WITH THE LICENSE?
We do not provide it however you can apply for a Certificate from the Chamber of Commerce directly.
CAN I UPGRADE MY VISA ALLOCATION?
Yes, it is allowed. A company may change its allocation by amending it and receiving an Amended Visa Allocation Certificate. Visa allocation costs AED 1,600 per year plus amendment fees of AED 2,100.
HOW MANY DAYS DOES IT TAKE TO SET UP A COMPANY IN SHAMS?
It usually takes 1 to 3 business days.
WHAT ARE THE BUSINESS ACTIVITY AVAILABLE IN SHAMS?
Shams offers over 120 business activities to choose from and provides you with the flexibility to combine different activities on the same license. There is an activity to suit all business models. Choose from our wide range of business activities.
Please click here for the List of Business Activities.
HOW MANY SHAREHOLDERS ARE REQUIRED TO FORM A LIMITED LIABILITY COMPANY?
A company incorporated in Shams must have a minimum of 1 and a maximum of 50 shareholders.
WHY IBG
Lowest price promise
24/7 at your service guaranteed
Stay home instant license at your door
Additional best value in same price
0% Installment Plan
Client Testimonials
Ahmad Khalil
Deepa Nair
RADHAKRISHNA
Marites Maite
Subashi Joshi
Ljiljana Conic
Zuhair
Ihab Dakak
Rakesh
Rickee
Jenifer Silva
RCB
Ahmad Khalil
Deepa Nair
RADHAKRISHNA
Marites Maite
Subashi Joshi
Ljiljana Conic
Zuhair
Ihab Dakak
Rakesh
Rickee
Jenifer Silva
RCB
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© 2022 ibgme.ae. All Rights Reserved.