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  • #5292

    The quotation for these two activities will be the same price or will be different?

    Accounting & Bookkeeping
    Activity Code 6920003
    Activity Group Accounts
    License Type Professional
    Activity Description Includes the offices specialized in setting and designing accounting systems for companies and firms, designing accounting documents, records and books, setting documentary cycles or other accounting processes. These offices offer services against fixed fees, but may not examine or audit accounts.
    Is start business for: Limited Liability Company – Single Owner(LLC – SO)

    Leasing and Management of other people’s property
    Activity Code 6820001
    Activity Group Real estate
    License Type Professional
    Activity Description Includes firms engaged in managing commercial, residential, industrial buildings through contracting with the owner in order to re-lease on subcontracting bases also, handling contractual arrangements with the firms in- charge of maintenance, security and as well as issuing tenants contracts, such firms are not allowed to practice Leasing Brokerage
    Is start business for:


    Since its professional license the costing will be the same ( May consider checking the Sponsorship fee again as they might be more – Just IN-CASE)


    Accounting and Bookkeeping licence needs a sponsor who is a qualified accountant. And attested certificates for the new partner required.

    Leasing and Building, property Management licence may require approval from RERA the agency that regulates real estate. The DED costs will be the same but the approval costs will be additional.

    Both licences will attract higher sponsorship fee than trading licences.

    Among the two – the latter will be higher cost. The accurate estimation will require getting a quote from the sponsor when the lead confirms intention.

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