Dubai South (previously known as Dubai World Central DWC), as its name suggests, is located in the south of Dubai city in the United Arab Emirates (UAE). It is considered a premium business park with world-class commercial buildings and offices, zero tax policies, and 100% foreign ownership possibilities. It encompasses seven districts for setting up your business, including logistics, humanitarian sector, residential, aviation, commercial, leisure, and exhibition. It is positioned as a global transport hub by focusing on the aviation and logistics sectors.
Unique Features of Dubai South
- Dubai South encompasses a diverse range of sectors within its 145 square kilometers. Residential, commercial, logistics, aviation, hospitality, and recreational facilities.
- Dubai South prioritises innovative solutions, evident in initiatives like smart city infrastructure, and a dedicated Innovation Hub.
- Flexible desk space available on a short-term basis, ideal for freelancers or businesses.
- Dubai South has close access to metro.
- Dubai South provides business center services.
- Storage facilities for businesses in logistics, import/export, and other industries.
Types of licenses available in Dubai South
- Service License
- Commercial License
- Industrial License
- Educational License
- General Trading License
- Logistics License
- Aviation License
Benefits of setting up a business in Dubai South
- 0% corporate tax on Qualifying Income
- 100% foreign ownership
- No currency restrictions
- World-class infrastructure and facilities
- Quick company formation process
- Minimal documentation and streamlined procedures
- Easy access to Jebel Ali Sea Port and Al Maktoum International Airport
- Exemptions on import and export duty
- Flexible commercial lease terms
FAQs
The process of setting up a company in Dubai South includes:
- Choose the activities, company name and structure
- Obtain initial approval from the authority
- Apply for trade license
- Apply for visa
- Obtain the commercial registration
- Open a corporate bank account
- Comply with tax regulations
The documentation requirements for company formation in Dubai South include:
- Completed application form
- Passport copy of shareholders, managers and directors
- Emirates ID of all shareholders
- Residence and correspondence address
- Shareholding ratio
- 3 preferences for company name
- Shareholder details such as residential address details, telephone number and email address
For corporate shareholders, the additional requirements include:
- Memorandum and Articles of Association
- Board Resolution
- Notarised or attested documents by the issuing authority where the parent company has been found
- Documents issued in other foreign languages should be legally translated to English or Arabic
Dubai South offers the following documents:
- 0% corporate tax on Qualifying Income
- 100% foreign ownership
- No currency restrictions
- World-class infrastructure and facilities
- Quick company formation process
- Minimal documentation and streamlined procedures
- Easy access to Jebel Ali Sea Port and Al Maktoum International Airport
- Exemptions on import and export duty
Dubai South permits the operation of various businesses, including but not limited to:
- Aviation Industry
- Retail Industry
- Hospitality
- Food and Beverages
- Education
- Information Technology
Dubai South offers the following types of licenses:
- Service License
- Commercial License
- Industrial License
- Educational License
- General Trading License
- Logistics License
- Aviation License
The costs of setting up a company in Dubai South will vary depending on the type of license you require and the complexity of your business operations. Contact Gatestone Group for more information via [email protected] or call +971 4 450 1023.
No, you do not need a local partner to set up a company in Dubai South. Foreign investors are allowed to own 100% of their businesses in the free zone. For seamless company formation and expert guidance in Dubai South, reach out to Gatestone Group today via [email protected] or call +971 4 450 1023.
The process of setting up a company in Dubai South can take an average of 2-3 weeks. Empower your business success in Dubai South with Gatestone Group’s expertise and unwavering support via [email protected] or call +971 4 450 1023.
The minimum share capital requirement in Dubai South is AED 300,000. Depositing this amount in the corporate bank account is not required.