Starting a business can be overwhelming, especially when dealing with different regulations and procedures. Dubai South Free Zone offers a tax-free environment and 100% foreign ownership for companies.
Discover the full roadmap to success with comprehensive guidance on the benefits, license options, and steps to set up your company in DSFZ.
Key Takeaways
- Dubai South Free Zone offers tax-free operations and 100% foreign ownership, helping businesses save money and grow fast.
- The Free Zone is located between Dubai and Abu Dhabi, near Al Maktoum International Airport and Jebel Ali Port, ensuring excellent connectivity for global trade.
- Various business licenses are available for company setup such as commercial, industrial, logistics, service, and education. Costs range from AED 32,396* ($8,900*) to AED 52,952* ($14,500*).
- For Dubai South Free Zone Company Formation, choose a legal structure like DWC-LLC or branch office; select the business activity and trade name; prepare documents including passport copy and visa stamp; submit forms for approval.
- Workspace options in the Free Zone include Smart Desks starting at 39,900* AED annually. Larger executive offices cost between 1,300* to 1,600* AED per square meter yearly.
Advantages of Establishing a Business in Dubai South Free Zone
Dubai South Free Zone company formation offers many benefits. Enjoy access to strong infrastructure and strategic locations for trade.
Enjoy Tax Benefits and Full Ownership Opportunities
Businesses in Dubai South Free Zone enjoy tax-free operations. Businesses registered in the free zone are exempt from corporate and personal income tax, import and export duties, and value-added tax (VAT). This helps them save money and grow faster.
Entrepreneurs get full ownership of their companies here. They can repatriate 100% of their capital and profits without restrictions. This freedom attracts many business owners to the zone.
Leverage Strategic Location and Superior Connectivity
Dubai South Free Zone, also known as the Dubai World Central, sits perfectly between downtown Dubai and Abu Dhabi, making it an ideal business hub. This spot makes it easy to reach both cities. The zone spans 145 square kilometers, providing vast space for businesses without constraints.
Al Maktoum International Airport is right next door. It is the world’s largest airport, ensuring quick global connections. Nearby Jebel Ali Port adds to the superior connectivity. Smooth logistics, facilitated by strategic business centers, enable better supply chain management and faster shipping.
Benefit from Advanced Infrastructure
Businesses in Dubai South Free Zone benefit from state-of-the-art infrastructure. Modern facilities make the setup process smooth and efficient. Specialized districts, including the commercial, exhibition and aviation districts, have been established to meet diverse business requirements, providing a range of facilities from office spaces to industrial zones.
The presence of advanced buildings supports various activities, ensuring businesses can operate seamlessly. On-site license and visa authorization simplify legal processes. The Free Zone’s close proximity to Al Maktoum Airport and Jebel Ali Seaport enhances connectivity for logistics services. This ensures fast transportation of goods. Enjoy seamless support that drives the growth of your company in Dubai without any hassles.
Business Licenses Offered at Dubai South Free Zone
Dubai South Free Zone offers various business licenses. Each license fits different types of activities and needs, incorporating and specifying a range of requirements to suit specific purposes.
Acquire a Commercial License
To acquire a Commercial License in Dubai South Free Zone, choose your business type first. This license covers general trading and logistics operations. It also allows to import, export, sell, distribute, and store goods. The visa cost ranges from AED 8,500* per visa
Submit necessary documents like passport copies and Articles of Association. Pay all fees upfront. Once approved, you get full ownership.
Obtain an Industrial License
After you acquire a commercial license, consider obtaining an industrial license for light manufacturing activities. This license allows businesses to set up and operate within the Dubai South Free Zone.
The cost of this license depends on the number of visas. It ranges from AED 32,396* to AED 52,952*. With an industrial license, your company can benefit from strategic location advantages and superior connectivity within the UAE.
Make sure to submit all required documents accurately. Once approved, you can start using the advanced infrastructure provided by Dubai South Free Zone.
Secure a Logistics License
To secure a logistics license in Dubai South Free Zone, start by applying through the official portal. The cost can range between AED 32,396* and AED 52,952*, depending on the number of visas needed. This license will enable you to provide comprehensive logistics services.
The logistics district in Dubai’s South Free Zone offers robust infrastructure for your operations. It ensures easy access to major shipping ports like Jebel Ali Sea Port. Once you have secured this license, move forward by registering for a service license if your business also provides additional support services.
Register for a Service License
Registering for a service license in Dubai South Free Zone is simple. This type of license suits consulting and software development businesses. The cost depends on the number of visas required, ranging from AED 32,396* to AED 52,952*.
First, gather all necessary documents including your business plan and passport copies. Next, submit these documents to the Dubai South authority. Once approved, pay the required fees and receive your service license in days.
Step-by-Step Process for Company Formation in Dubai South
Business setup in Dubai South Free Zone is easy, but it’s advisable to consult with trusted business experts like Xpert Advisory for smooth company incorporation. You need to fulfill the mandatory requirements by deciding on your business type and submitting the necessary documents for approval.
Choose a Legal Structure
For the Dubai South company setup, you need to choose a legal structure. You can set up as a Limited Liability Company (DWC-LLC) or open a branch office.
A DWC-LLC requires at least AED 300,000* as share capital. This structure offers limited liability protection and fits well for startups aiming for growth and development in the United Arab Emirates.
Select Your Business Activity and Trade Name
First, decide on your business activity. Options include trading, services, logistics, and industry. Each type has its own business facilities and requirements within the Dubai South Free Zone.
Next, choose a unique trade name. This name needs approval from authorities to ensure it is not already taken or restricted. His Highness Sheikh Mohammed bin Rashid Al Maktoum oversees the regulations for names in Dubai free zones.
Approval of both your chosen activity and trade name is essential before you proceed with other steps to establish your physical presence in Dubai.
Prepare and Submit Required Documents
After picking your business activity and trade name, gather the necessary paperwork for your UAE business. You need to collect a passport copy, UAE entry stamp or visa copy, phone number, email address, residence and correspondence addresses. Also include shareholding ratios and your chosen company name.
Prepare these documents carefully for Dubai South Free Zone company setup. Submit them along with the application form for review. Make sure that documents like the memorandum and articles of association are notarized if needed. After submission, wait for approval before moving on to the licensing steps.
Complete Licensing and Registration
Pay AED 2,000* for company registration in Dubai South Free Zone. This fee covers the collection of the registration certificate and lease agreement.
Once registered, pay AED 10,000* for the business license. You can choose from various licenses such as commercial or industrial. After payment processing, collect your receipt and start operating your new venture in this strategic area near Sheikh Zayed Road.
Workspace Solutions in Dubai South Free Zone
Dubai South Free Zone offers various workspace solutions to fit different needs. From small desks to large offices, you can find the perfect space for your business in the UAE.
Options from Smart Desks to Executive Offices
Dubai South Free Zone offers many workspace options. Smart Desks cost about 39,900* AED. They are ideal for small teams or solo workers. Permanent Smart Desks come at a higher price of 54,900* AED but offer more stability. For larger businesses, executive office spaces range between 1,300* to 1,600* AED per square meter annually.
These offices provide room for growth and flexibility. Business set up in Free Zone ensures high-quality facilities and services near Sheikh Zayed Road in Dubai’s business park area. Enjoy all the benefits while staying connected to key locations and banks like Islamic Bank.
Warehouse and Industrial Spaces Available
Warehouse and industrial spaces in Dubai South Free Zone cater to various business needs. The state-of-the-art infrastructure supports different activities, from storage to manufacturing. A typical warehouse of 240 sq.m. costs around 156,000* AED per year. This pricing is subject to change and includes a 5% VAT.
These spaces offer flexibility for businesses like offshore companies or distributors. They are well-connected by major roads like Sheikh Zayed Road, and Dubai, ensuring smooth logistics and distribution channels. Benefit from the advanced facilities designed for economic growth and sustainability.
Conclusion
Dubai South Free Zone offers a great spot for your business. It provides tax-free operations and full foreign ownership. The process of Dubai South Free Zone company formation is simple but effective. Enjoy a strategic location with top-notch infrastructure. Choose Dubai South for smooth business growth.
FAQs
1. What is required to obtain a trading license in Dubai South Free Zone?
To get a trading license, you need to submit your business plan and other documents. You may also need a power of attorney for legal matters.
2. Are there any banking services available in Dubai South Freezone?
Yes, companies can access various banking services, including bank account opening and using credit cards.
3. Does the ruler of Dubai support the free zone?
Yes, Sheikh Mohammed bin Zayed has shown strong support for development projects like the World Expo 2020 that boost commerce in the area.
4. Are there any exemptions or warranties provided by forming a company here?
Companies often enjoy tax exemptions and other benefits when they set up in an airside location within the free zone subject to terms and conditions
