Individuals only (Minimum one. Shareholder can also be Director)
AED 50,000/- to AED 300,000/- (Depending on activity) for FZ – LLC Dubai Science Park Company Setup and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)
Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.
Audit report is not required to be filed with DSP.
4 to 6 weeks to obtain license of the company and register a company in DSP (Dubai Science Park)
Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.