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Dubai South Free Zone

 

The government of Dubai has built Dubai South to create an environment that empowers individuals to achieve all their aspirations for the greater good of the society. Formerly known as the Dubai World Central, Dubai South Free Zone is an ambitious project by the Government of Dubai to make this free zone a largest business and aviation hub in the region. It is recognized as one of the most pioneering and exceptional projects in Dubai.

The most important reason is its being host to one of the largest business events in the region – the World Expo 2020. The heart of Dubai South is just a 10-minute drive away from Jebel Ali seaport – one of the busiest ports of the world, and a 15-minute drive away from Al Maktoum International Airport – one of the largest airports in the world. It is a region that empowers everyone to achieve their ambitions and desires.

It is a gateway to the dynamic markets of the Middle East, Africa and South Asia – a region with a GDP projected to reach $12.8 trillion by 2022-23. Having such great advantages, it is safe to say that Dubai South Free Zone is one of the most sought-after free zones by investors to incorporate a business.

Why Set Up a Business in Dubai South Free Zone?

Business setup in Dubai free zones is ideal for trading, logistics, and related services for companies with an ambition to have a big global expansion. Being a region of 145 sq. km, Dubai South free zone has a critical mass to an innovative and flourishing platform that supports every enterprise in the most premeditated location in Dubai. If you are still not sold on the idea of setting up a business in Dubai South free zone, here are a few reasons to get you thinking:

1. Location

The first and the most important advantage is the strategic geographical location of the free zone, with ideal places to do business with both the east and the west. Apart from its being a site for the largest event – World Expo 2020 – there are a lot of opportunities for start-ups and investors to get started with their dream of setting up a business, as the timing couldn’t be more right.

2. Affordability

This free zone is for businesses of all sizes. It is popular for being one of the most cost-effective zones in Dubai.

3. Infrastructure and Road Access

The location of Dubai South puts this free zone in proximity to the major trans-emirate road networks like Sheikh Mohammad Bin Zayed Road, Emirates Road, and Sheikh Zayed Road. This advantage makes the Dubai South free zone a truly adaptable logistic hub with a high degree of speed, efficiency, and connectivity.

4. Visas with Flexi-Desk Options

The free zone allows for 3 visas without the need for physical office space.

Benefits of Setting Up a Business in Dubai South

  • - No restrictions on currency or minimum capital investment
  • - 100% foreign ownership: DWC allows its clients to operate as a wholly owned entity, without any need for local partnership. Moreover, the shareholder's liability is limited to the amount of its paid-up share capital
  • - 0% personal income tax
  • - 0% corporate tax for a period of 50 years, a concession that is renewable
  • - No currency restrictions and flexibility for companies to transfer any required capital
  • - 0% customs duties on import and/or re-export
  • - No restriction on hiring foreign employees
  • - Excellent infrastructure, support services, and communications

Types of Licenses Provided in DWC

1. Trading License

It allows the license holder to import raw materials, export, distribute, and store items specified in the license to any country.

2. Service License

A service license allows its holder to conduct services specified by the authorities within the free zone./p>

3. Industrial License

It allows the license holder to import raw materials, manufacture, process, assemble, package and export the finished products to any country.

4. Logistics License

A logistics license is issued to a company for it to perform transportation activities.

Contact us to set up your business in Dubai South, our team will be glad to assist you!

For more information and enquiries, please (Contact Us) at  00971558879700 or email us at info@sterlingheightsuae.com

   

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