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DUBAI FREE ZONE COMPANY FORMATION

Dubai South Free Zone (DWC, Dubai World Central)

The Dubai South Free Zone was established in 2006 and is the most popular of all the Dubai free zone company formation possibilities. It focuses on aviation and logistics ecosystem that would eventually host the world’s largest airport, as well as a multi-modal transportation infrastructure that will connect air, land, and sea.

The free zone is located near to Al Maktoum International Airport (DWC airport), was built between Dubai and Abu Dhabi, as well as near the Jebel Ali seaport, to serve as a keystone of the region’s and world’s connectivity. It expands the range of possibilities for air cargo trading. Dubai South also welcomes a wide range of activities including specialized trading and logistics activities.

It is also the site of the upcoming Expo 2020, an event that is expected to attract 25 million visitors to the UAE and 1 million residents at the territory of Dubai South.

Business Setup and Licensing 

Dubai South offers different license options to cater to the different industries and requirements of the companies. The presence of the company owner(s) are required during the company set up, for compulsory signature verification.

Else, it can be achieved with the Power of Attorney approved at the UAE embassy and Ministry of Foreign Affairs.

DSW registration consists of a few stages:

  1. Initial approval.
  2. Visit for signature verification.
  3. Leasing of an office.
  4. Payment.
  5. Registration.

Below is a list of the required documents:

  • Company name options and business activities.
  • Residential Address.
  • International Passport.
  • Email Address and Mobile Number.
UAE Residence Visas in Dubai South City Amendments Liquidating a Dubai South Company

If the applicant is in the UAE at the time of his visa application, the fee will be increased to 3,500 AED per application.

Before the visa is stamped into your passport, you will need to make health insurance. Basic insurance costs between 600 and 800 AED.

Company Owners' and employees' visas will be valid for three years.

A wide range of possible adjustments are available in the free zone:

  • Change of name and activity.
  • Changes in the number of shareholders, managers, directors, and secretaries.
  • Improvements to the facility.

Some of which will require a personal visit to the free zone or a Power of Attorney.

For liquidation, business owners do not need to be present, also the government fee will be about 4, 000 AED.

The following actions must be completed prior to the liquidation:

  • Visas are being revoked.
  • Lease agreement expiration.
  • The bank account was closed.
  • If you had a trade operation in the license, you needed to get clearance from Customs.

The following are the pricing for offices in Dubai South City's free zone (in AED):

PackageVisa slotsPrice in AED
Executive office1 visa per each 9 sq meters1300-1600 per sq meter per year
Smart desk230,900
Smart office340,900
Permanent smart desk245,900
Permanent smart office386,000

Benefits of Dubai South Free Zone Company

  • As an expatriate, you can own 100% of the company and remit all profits to your home country.
  • Proximity to Expo2020 site, which is also linked to major international ports and airports.
  • Low cost of the resident visas.
  • In just four hours, you can transport goods from ship to plane.
  • Trading, commercial, service, trading, and logistics licenses are all issued by Dubai South.
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