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SME

Launch Your Project

Exempting startups from licencing related fees for a period of five years starting from the issue date.

Terms and conditions:
  • The beneficiary shall be a UAE or GCC national(s) (UAE resident)
  • The enterprise shall be 100% owned and managed by UAE or GCC national(s) (UAE resident)
  • The Applicant or any of the partners shall not have more than five Trade licences (including licences that he/she fully or partially owns or manages)
  • The enterprise shall be in Dubai, including select free zones.

What are the requirements:

Requirements New licence 

  • National ID card


Additional requirements for renewing the licence:
  • National ID card
  • Copy of the trade licence to be renewed
  • Business Performance during the past year 

Fees
  • For the first three years: AED 1,000
  • For the fourth and fifth years: AED 2,000

   Excluding federal government fees


How to apply
Invest In Dubai

Renewal:
Info@sme.ae 
Intelaq is a licence for residents of Dubai, to run a business from home in various fields, for a small fee paid annually.

What are the terms and conditions?
  • The beneficiary shall be a UAE or GCC national(s) (UAE resident)
  • The enterprise shall be 100% owned and managed by UAE or GCC national(s) (UAE resident)
  • The Applicant or any of the partners shall not have more than five Trade licences (including licences that he/she fully or partially owns or manages)
  • The enterprise shall be in Dubai, including select free zones.
  • The residence should be in Dubai
  • What are the requirements

What are the requirements:

Requirements New Licence:
  • National ID card 

Additional requirements for renewing the licence:
  • National ID card
  • Copy of the trade licence to be renewed
  • Business Performance during the past year

Fees
AED 1,050 – For new licence and renewal
Excluding federal government fee 

How to apply:

New licence:

Invest In Dubai

Renewal:
info@sme.ae
Hamdan Innovation Incubator (Hi2) is a community of emerging creators, inventors and entrepreneurs, supporting them in their first steps towards establishing and launching their business ventures and designing prototypes for their initial innovation.

Benefits of Hi2 community
  •  Providing multiple workspaces ranging from virtual offices and flexible offices to closed furnished offices, in addition to common facilities and benefits such as meeting rooms, Internet service, etc.
  • Providing free consultations.
  • Providing assistance in the development of prototypes and providing guidance to the ways of protecting the intellectual property.

Terms and conditions
  • The enterprise shall be 100% owned and managed by UAE or GCC national(s).
  • Provides a completed business plan, product design, or a business model.

Fees
  •  Virtual office packages:
  • The first year of incubation: (Flexible Desk) at a price of 3000 dirhams annually, one payment in cash
  • The second and third year of incubation: (Flexible Desk +) at a price of 5000 dirhams annually, in one payment in cash
  • The fourth and fifth years (graduation phase): a package (Flexible Desk ++) at a price of 10,000 dirhams annually - with the possibility of payment in two checks.
  • Private Office Package:
  • Private office package, ranging from 17,000 dirhams - 53,000 dirhams annually, depending on the size of the rental space
  • A security deposit of 2000 dirhams will be paid (the amount will be refunded based on the evaluation of the office vacancy)
  • Easy payments: up to 6 payments (checks)

Value-added tax (5%) will be added to the prices of the above-mentioned packages


How to join
info@sme.ae

For more information, you can visit
Hi2.ae
Seed capital loan: To reduce initial costs of starting up a business project by funding part of the capital.

Loan Value 
Maximum of 1 million dirhams

Terms and conditions
▪ The enterprise shall be 100% owned and managed by UAE national(s).
▪ Enterprise to be located in Dubai.
▪ The applicant shall personally implement and develop the business plan.
▪ The applicant should devote time and efforts to managing the enterprise.
▪ The age of the enterpriser shall not be less than 21 years and not more than 65 years at the time of payment.
▪ For those with new experiences in entrepreneurship; the enterprise should meet the requirements and be economically viable.
▪ The minimum financial contribution of the applicant to the funding shall be 20% or more, according to the decision of the Committee and depending on the type of activity and the degree of the risk therein, and shall be paid in advance.
▪ An operation manager and an accountant shall be appointed with the consent of the Fund before starting the enterprise.

How to register
thefund.ae