How to setup Company in DWC Free Zone

Dubai World Central (DWC), Dubai’s second airport and the world’s future centre, is rapidly taking shape in the city’s south, near the rapidly growing “New Dubai” neighbourhoods. DWC is located in the heart of a whole airport city. The government of Dubai has taken a positive step in positioning the city as a major global commercial hub. The biggest master planned free zone in the world, located on 140 kilometres of land near Jebel Ali Sea Port, transports a wide range of industries such as aviation, logistics, exhibitions, residential, and many other associated companies.

DWC is now the world’s largest and most important worldwide business, commerce, and aviation centre. The DWC headquarters are close enough to the Al Makhtoum International Airport, the Business Park Aviation, the Logistics District, the Aviation District, the Commercial District, the Residential District, the Golf District, the Humanitarian District, and the Exhibition District, all of which serve as strategic platforms for the expansion and growth of light industry, aviation, logistics, and other business services. DWC is strategically located to provide coordination and shipping throughout the GCC, the Middle East, and the rest of the world.

Benefits of company set up in Dubai South

• Forming a company in Dubai South would provide you with 100 percent tax-free benefits, as well as 100 percent foreign ownership.
• There is no corporate tax when forming a business.
  It will allow you to choose from a variety of high-quality commercial structures.
• It will also provide you with flexible commercial leases.
• It offers you the choice of forming a business in a free zone or a non-bonded zone.
• The company is set up at a very low cost.
• Setting up a company in Dubai would provide you easy access to Al Maktoum Airport.
• Setting up a business in the Dubai South Free Zone will also provide you with the benefits of space and services, allowing you to run your business more efficiently.

Simple steps for DWC company formation

Contact us

Contact us now for a free consultation and conversation with one of our DWC company formation specialists, who will assist you with your licensing, business operations, and all other needs for your DWC company creation.

Application

At this point, we’ll submit an application for DWC business creation, as well as three possible company names, personal information, and copies of the shareholders’ and managers’ passports. The application is expected to be approved in 7 to 10 days. Although the customer’s presence is not required throughout the DWC business creation procedure, signed papers must be delivered to us in their original form.

Smart Desk

Following acceptance of the application, the DWC institution will issue the Smart Desk office contract, which must be signed by the company’s shareholder or management. The signed contract must be provided to us in order for us to submit it to the DWC authorities.

DWC company formation and licensing

The DWC official will issue the certificate of incorporation, MOA, share certificate, and business license when the Smart Desk contract is submitted.

Establishment card

After the firm is registered, the establishment card will be given in seven to ten days. The establishment card will allow the firm to apply for the appropriate resident permits for the company’s shareholders, managers, and workers.

Corporate bank account

After the registration and licensing, the company will apply for the starting of a corporate bank account. The presence of the shareholder or bank signatory in Dubai is compulsory for at least one day to sign the bank forms

Requirements for company formation in Dubai South

You must register as a Free Zone Enterprise and have a Dubai South business licence to create a DWC firm. DWC accepts applications for the registration of a Free Zone Enterprise from any business, partnership, organisation, or individual.

For a LLC DWC company formation

• Incorporation certificate
• All shareholder gets Individual share certificates
• Memorandum of Association of company
• Articles of Incorporation of company

For Branch

Registration certificates will be issued.

Types of trade license

Depending on the nature of your firm, DWC offers a variety of trade licences:

• Educational license
• General trading license
• Industrial license
• Logistic license
• Service license
• Trading license

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Originally posted 2021-09-29 06:12:35.