DUBAI SOUTH (DWC)2024-10-03T15:29:55+04:00

UAE MAINLAND

DUBAI SOUTH (DWC)

What is the significance of having a UAE mainland firm, and what does it represent?

Businesses in Dubai South benefit from 100% capital and earnings repatriation.

DUBAI SOUTH (DWC)

UAE Mainland

Businesses in Dubai South benefit from 100% capital and earnings repatriation.

What is the significance of having a UAE mainland firm, and what does it represent?

The city of Dubai South, formerly known as Dubai World Central (DWC), was planned to serve as an economic zone in 2006, with the goal of supporting a variety of activities such as commercial, exhibition, humanitarian, residential, and other related businesses around Al Maktoum International Airport. The airport is expected to handle 160 million passengers and 12 million tonnes of cargo annually.  The region, which was formerly known as Dubai World Central (DWC), changed its name to Dubai South in 2015. This was not an overnight change, but the result of years of strategic planning and forward-thinking vision. Originally intended as an airport, Dubai World Central has progressively come to include more commercial, residential, and economic development. This rebranding instilled confidence among investors and stakeholders, highlighting Dubai South’s commitment to fostering economic diversification and sustainable development.

In Dubai South there are no limitations on the complete repatriation of capital contributed by international investors and entrepreneurs, as well as earnings generated from their operations in Dubai South. By offering financial flexibility and advantageous conditions for business growth and sustainability, this policy demonstrates Dubai South’s dedication to creating an environment that is beneficial to business and bringing in foreign investment.

 

Advantages Of Business Setup in Dubai South

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Latest articles

Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Dubai South (DWC) For Your Company Formation?

Owing to its strategic position and strong infrastructure, Dubai South, is a very favorable place for new firms to establish themselves. Dubai South provides unmatched connection for logistics and trade, with Jebel Ali Port, a significant marine gateway, and one of the busiest shipping hubs in the world. Its integrated ecosystem facilitates effective import-export activities, which makes it the perfect choice for companies trying to take advantage of global supply chains. The area is designed with state-of-the-art facilities and infrastructure to support diverse business needs, from logistics to commerce. Dubai South is a top choice for entrepreneurs looking for growth and expansion prospects in the Middle East and abroad because of its business-friendly atmosphere, tax breaks, and simplified establishment procedures.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Dubai South (DWC)

Is it possible for one entity to hold more than one license in DWC?2024-07-10T08:07:49+04:00

Yes, the business is able to acquire several licenses if it is involved in various activities that call for various permits.

Is it possible for one person to serve as the company secretary, director, and shareholder?2024-07-10T08:08:18+04:00

Absolutely. A single stakeholder of the business may be proposed for the positions of company secretary and director. If he lives in the UAE, he may also serve as general manager.

Does the company secretary of the Dubai South corporation have to live in the United Arab Emirates?2024-07-10T08:08:47+04:00

No. The Company Secretary does not have to live in the United Arab Emirates. Still, the selected or nominated general manager needs to be a UAE citizen.

What are the requirements and steps for renewing my company in the Dubai south, and do I need to be present in the UAE for the renewal process?2024-07-10T08:09:42+04:00

To renew your company in the UAE, you need to meet the following requirements and follow these steps: Payment of Renewal Fees, Signed Lease Agreement, Annual Audit Reports. The renewal process can be handled by business setup consultants, and there is no need for you to visit the UAE personally for the renewal.

What is the cost structure for setting up and renewing a business in Dubai South?2024-07-10T08:10:09+04:00

It completely depends on your business, even though the initial incorporation cost is higher, while the renewal cost is slightly lower. From the second renewal onwards, businesses are required to submit annual audit reports.

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