Nestled within the heart of Dubai’s vibrant commercial hub, Dubai World Trade Centre Free Zone (DWTC) emerges as a beacon of opportunity, offering businesses a gateway to unparalleled success. With over 18,000 active companies from over 145 countries operating within the free zone, DWTC contributes over AED 134 billion to Dubai’s economy annually. With this, DWTC is home to multinational corporations, startups, and SMEs across various industries.
As a leading free zone, DWTC unveils a world of advantages, empowering entrepreneurs and investors to transform their aspirations into reality. With its strategic location, pro-business environment, and comprehensive support services, DWTC stands as the cornerstone of thriving businesses, fostering innovation, growth, and global connectivity.
Unique Features of DWTC
- DWTC offers diverse venues for events, exhibitions, and conferences
- DWTC offers comprehensive services, including accommodation, dining, and business amenities
- DWTC attracts international events, fostering global business connections
- DWTC is equipped with cutting-edge technology for seamless events
- Recognisable landmark with modern and innovative design
- DWTC provides a conducive environment for networking and business development
Types of licenses available in DWTC
DWTC offers six types of licenses:
- Commercial License
- Professional License
- General Trading License
- Event Management License
- E-commerce
- Single Family Office
- Multi Family Office
Benefits of setting up a business in DWTC
- 0% corporate tax on Qualifying Income
- 100% foreign ownership
- 100% repatriation of all capital and profits
- No currency restrictions
- Strategic location
- World-class infrastructure and facilities
- Access to a network of business support services
- Freedom to initiate multiple options for legal operating structures
- No restraints over capital nationality
- Dual licensing opportunities
FAQs
The specific documents required for company formation in DWTC (Dubai World Trade Centre) may vary depending on the type of company structure and the nature of your business. However, some standard documents that are typically required include:
- Completed DWTC free zone application form
- Detailed business plan
- Passport copies of all shareholders, directors, and general manager
- Copies of Emirates ID of director, shareholders, and general manager (for UAE residents)
- Profile of each shareholder (for individual shareholders)
- Memorandum of Association (MOA) and Articles of Association (AOA)
- Board Resolution
- Proof of office address
- Initial capital deposit proof
- Bank account details
DWTC permits the incorporation of following legal entities:
- Free Zone Company (FZCO)
- Free Zone Establishment (FZE)
- Foreign Branch
- UAE Branch
The costs of setting up a company in DWTC 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 4 451 1023.
No, you do not need a local partner to set up a company in DWTC. Foreign investors are allowed to own 100% of their businesses in the free zone. For seamless company formation and expert guidance in DWTC, reach out to Gatestone Group today via [email protected] or call +971 4 451 1023.
DWTC has several regulations that businesses must comply with. These regulations cover areas such as taxation, labor law, and environmental protection. Unleash the potential of your business in DWTC with Gatestone Group’s comprehensive company formation and post-incorporation services via [email protected] or call +971 4 451 1023.
The penalties for non-compliance with DWTC regulations can be severe, including fines and imprisonment. To ensure your company is compliant with DWTC regulations, contact the legal advisors at Gatestone Group via [email protected] or call +971 4 451 1023.