Businessmen who are supplying commodities (food, spare parts, oil etc) and equipment to shipping vessels can now try their luck in Dubai. If you are thinking of giving your business an international name then Dubai is the best city. Even if you are new to this business you can start your career from this business in Dubai. Apart from supplying the necessary commodities the ship chandler also expected to provide services such as cleaning, repairs and maintenance services.
To start a Ship Chandler activity in Dubai the approval from Dubai Maritime City Authority is must.
One has to select the jurisdiction where you want to start your business in either mainland or Free Zone areas. Free zones have some restrictions on the visa quota, business activities etc. whereas the mainland doesn’t have any restrictions.
License cost approx AED 11,000 from DED (Department of Economy Development)
Initial Approval/Trade Name Reservation approx AED 750
Market Fee (5% of Ejari Contract)
MOA Charges approx AED 1,000 (Depends on the capital)
Registration of Tenancy contract approx AED 250
External Approval from DCMA (Dubai Maritime City Authority) NOC charges approx. AED 1,020
Office space cost (Depends on the location)
Copy of Passport
Copy of Visa or Cancelled Visa copy
It takes 3 to 5 working days to get the license.
License cost with IFZA (International Free Trade Zone Authority) approx AED 11,900
The unbeatable offer is 1 Residence Visa Free for life.
There are more than 20 free zones in Dubai. You can choose any one of them according to your budget, location and obviously your matching business activity.
To get more information please contact Alya Almarzooqi Auditing. Our Business Setup team expert would be glad to guide you through your business setup journey by giving you quality service. You can also visit us on https://alyaauditors.com/.