How much is the cost for R new license of a...

We would like to inform you that you must apply to the Department of Economic Development of the relevant Emirate for initial approval and registration of the trade name. You can do this either by visiting the department's offices or through the electronic services available on its website. Initial approval allows you to follow up with the relevant parties of your project activity to obtain additional approvals if necessary. The cost of establishing companies in the UAE includes invested capital, initial approval, work visas and others, and depends mainly on the nature of the activity, licensing and the relevant licensed entities and the legal form of the company, whether an institution,
The capital requirements vary according to the legal form of the company as follows:
-          Public Shareholding Company: The capital must not be less than AED 30,000,000
-          Private Shareholding Company: With a capital of at least AED 5,000,000.
For other types of companies, the UAE Companies Law did not specify a minimum capital requirement, but required companies to:
-          Remember the capital in the contract of incorporation
-          The Company shall have sufficient capital to achieve the purpose of its establishment.