Company Formation & Business Setup in
Dubai South Freezone (DWC)
Easy Business Setup in DWC Freezone with the Top Business Consultants in UAE.
ABOUT
What is
Dubai South Freezone?
Any entrepreneur or investor that is looking to make a great business move should consider Dubai South Free Zone (DWC) as the place to set up a company. Previously known as Dubai World Central Free Zone or Dubai Logistics City Free Zone, it was founded in 2006 and soon was the emerging gateway to the Middle East, South Asia and Africa.
Since it has a prominent connectivity to airports and land and sea ports, it can be a place that offers a diversified market to businesses. In addition, business owners can have access to several facilities and take advantage of this outstanding logistics corridor for the world.
PROCESS
How to Set Up Business in Dubai South Freezone
Obtain the Initial approval
The Free Zone department should issue the initial approval before starting the process.
Registration process
After receiving the initial approval, it’s necessary to carry out the registration and incorporation process.
Lease agreement
It’s mandatory to submit a lease agreement for the chosen office space of the business.
Fees
Make the payments of the necessary fees to register your company.
Licensing
Collect your business license to begin your operations in DWC.
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DOCUMENTS
Documents for Business Setup in Dubai South Freezone (DWC)
- Your application form and letter of Intent.
- A copy of the manager’s passport along with the CV.
- Copies of shareholders’ passports and CVs.
- Original bank reference letter for each shareholder.
- A NOC (No Objection Certificate) letter by the current sponsor for the manager.
- All initial approvals from the pertinent authorities if it’s about the business setup of a company related to media, IT, or other particular sectors.
DUBAI AIRPORT FREE ZONE
Business Licenses for Business Setup in Dubai South Freezone (DWC).
This license allows you to perform the same activities as the trade license. However, it allows you to trade a wider range of goods and products.
Service and Educational License
If the business wants to offer educational services, it should apply for the Educational License, with which can offer social, educational, and training services.
With this other license, you can perform industrial activities, such as manufacturing, packaging, assembling, and more.
It offers the same as the commercial license, which is engaging in trading activities, general trading, and business under logistics.
BENEFITS
Benefits of Ddoing Business in DWC.
- 100% ownership of your business
- Multiple tax incentives, which include full exemption from corporate and income taxes.
- You can get multiple visas without having a physical office space
- Full repatriation of capital and profits
- No minimum share capital is needed to establish a company
- No personal or corporate income taxes
- You can sponsor your dependents easily
- No currency restrictions
- Access to the Jebel Ali Port and the Dubai Al Maktoum International Airport.
- Easy to trade with companies in the UAE and the rest of the world
Allowed types of companies in DWC.
To establish a business in Dubai South Free Zone you must choose among the legal structures offered by the authorities.
Limited Liability Company (LLC)
An LLC is an entity established with its own legal nature, which can be formed with 2 or maximum 50 shareholders. The minimum capital for incorporating an LLC in DWC is of AED 300,000.
Branch of an Existing Company
Minimum share capital is not a requirement. Besides, the branch office can belong to a local or a foreign company.
Public Limited Company (PLC)
One of the advantages of the Dubai South Free Zone is that it has several business activities to choose from. Business can engage in commercial, manufacturing, consulting, and freelance activities as long as they have the proper license.
Although the primary industries in DWC are logistics, aviation and real estate, businesses can conduct some of the following activities:
- Marketing
- Agriculture
- Educational services
- Food trading
- IT Consultancy
- Storage
- Transportation
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