Business Setup In Dubai South
Business Setup In Dubai South
Business Setup in Dubai South
Dubai South Free Zone, formerly known as Dubai World Central (DWC) is a best option for establishing a free zone company in Dubai. It was founded in 2006 and is currently among the most recent and growing authority in the area. An excellent choice for establishing a free zone firm in Dubai is the Dubai South Free Zone, formerly known as Dubai World Central (DWC). It was established in 2006 and is currently among the most modern and growing authority in the region. Best-in-class customer service is provided by Dubai South’s free zone, and it also facilitates business setups and processes so that organizations may work together under one umbrella in a dynamic free-zone the environment. It offers a variety of business solutions that are customized to meet the requirements of potential customers.
business setup Process in Dubai south
The registration process for company formation in Dubai South (DWC) involves several steps:
- Pre-approval: This stage is completing the required paperwork and obtaining initial approval for your business setup.
- Visit for signatures verification: The owner(s) need to go to the proper authority during this stage in order to confirm their signatures.
- Lease agreement signing: The lease for the chosen office or commercial space at DWC will be signed when the signatures have been confirmed.
- Payment: The required fees and expenses for company registration must be paid in accordance with the applicable laws after the leasing agreement has been signed.
- Licensing: Once the payment has been made, the final step is obtaining the licenses and permissions required for your company operations.
Renewal Of Dubai South License
The company will pay slightly lower for renewal than for initially setup. You will need to submit yearly audit reports as of the second renewal. You need to submit both the cash for renewing your business and the signed lease for the facility for the following term. Without you having to travel to the UAE, your agent can handle the renewal process.
Dubai South Free Zone Amendments
A wide range of modifications are available in the Dubai South Free Zone, including:
. Name change
. Activity change
. Shareholder/manager/director/secretary change
. Facility upgrade
Some of these changes may require visiting to the free zone in person or appointing a power of attorney.
Liquidation Of Dubai South Business
For individuals wishing to start a business in Dubai on a budget, the Dubai South Free Zone is a fantastic option. It presents an easy method for people from high-risk countries to start businesses and obtain resident visas for themselves and their families.
Dubai South Free Zone Facilities
A wide variety of facilities are provided by Dubai South Free Zone to cater to diverse business needs:
- Flexi Desks: Flexible desk spaces that may be utilized on a temporary basis providing convenience and flexibility for freelancers or businesses with various workspace requirements.
- Flexi Offices: Flexible office spaces allow businesses to grow up or down according to company needs, allowing companies to adapt their workplace as their operations evolve.
- Permanent Desks: A fixed personalized workspace within a shared office setting is provided by dedicated desks for individuals or small teams.
- Smart Fully Furnished Offices: Modern furniture and amenities in well-equipped and have been designed to provide a professional and productive working environment.
- Executive Offices: For businesses looking for a high-end workstation, premium offices provide a sophisticated and prominent atmosphere.
- Warehouses: Large storage facilities suitable for businesses involved with logistics, import/export, and other industries requiring a lot of storage.
- Plots of Land: Businesses have the option to acquire plots of land within the free zone, allowing customized construction and development tailored to specific requirements.
Dubai South Free Zone Business Activities
- Commercial: Trade, retail, import/export, and general commercial operations-related business activities
- Service/Consulting: Professional services and consulting in a variety of sectors, including law, accountancy, marketing, information technology, and others.
- E-commerce: activities associated with digital platforms, e-commerce, and online shopping.
- Manufacturing: Activities involved in production, assembly, and processing of goods are all considered industrial and manufacturing.
- Freelance permit: Individuals might engage in businesses offering independent services and expertise.
It’s important to keep in mind that certain business activities for the Dubai South setup may require for a verified degree or relevant experience in the industry. This ensures compliance to industry standards and regulations.
Licenses available in Dubai South
- Aviation License
A holder of this license is allowed to provide specific aviation-related services.
- Logistic License
The holder of this license is authorized to offer a range of logistics services, including order management, inventory management, sorting, forwarding, and clearing activities.
- Industrial License
allows the holder to carry out a specific light manufacturing activity (for example, blending, mixing, purifying, assembling, forming, repacking, or wrapping of products).
- General Trading
This license is available to companies involved in the import, trading, and reexport of permitted goods. A No Objection Certificate (NOC) from the relevant departments can be acquired in case special approval is required for trading.
- Education License
allows the holder to provide social, educational, and training services as well as educational consulting services.
- Trading License
The holder of a trade license is permitted to import, export, sell, distribute, and store the items specified in the license. It’s important to remember that free zone businesses with a trade license are only permitted to sell completed goods in the UAE market with the help of a registered local distributor or sales agent.
- Service License
allows the holder to carry out the services listed in the license both inside the free zone and elsewhere in the United Arab Emirates (although in certain Emirates, additional local permits could be needed). Enterprises operating in free zones that assist the logistics industry obtain service licenses, and include services including consultancy, software, training, maintenance, and catering.
Benefits Of Dubai South Free Zone Company Setup
- 100% foreign ownership in Dubai south free zone.
- No personal, income or corporate taxes for Dubai south free zone.
- Dynamic international community
- Full repatriation of capital and profits
- Strategic location boosting opportunities
- Leasing options
- Simple and quick set up process
- World-class infrastructures
- Wide range of business activities.
- Accessibility to major thoroughfares.
- Proof of share capital is not required.
Business Activities permitted in Dubai South
- IT consultancy
- Food and beverage trading
- Management consultancy
- All trading activities
Dubai South primarily separates and supports industries such as real estate, aviation, logistics, business parks, and trades, offering multiple opportunities for large companies, solopreneurs, and SMEs.
Some business activities under the free zone arrangement would call for an official degree or appropriate knowledge. Combining unrelated activities or commercial and service activities under the same license is not permissible.
To obtain the initial approval to start a new business, you must satisfy all requirements and submit the necessary paperwork. Additional government permits must be sought from the appropriate authorities for several operations, such as tourism, travel, and health.
Your company should be renewed every year, and the renewal fee is often less than the establishment fee. Your company package will determine the renewal costs, and you may find out how much they will cost by obtaining the Estimate from our website. Company renewal can be completed by your agent without the owner’s personal presence. To extend the bank account, which is included of the renewal service, the new license must be given to the bank after renewal.
100% of the enterprise is owned by foreigners. world-class logistical facilities are available. Availability of a broad, diverse pool of qualified experts. advantages of economies of concentration (given the industry-specific zones).
A free zone company’s registered office is required to be in the free zone where it is located. Anyway, you have the choice to rent space in a business centre and use it anyway you see fit if you need an office in Dubai. It is important to remember that the flexi desk that is the minimum requirement for the free zone cannot be cancelled.
Opening a company in the Dubai South Free Zone offers opportunities for business activities in
the logistics, aviation, commercial, exhibition, humanitarian, residential, and many other related