Dubai South Free Zone (Dubai World Central)
Formerly Known As The Dubai World Central
About Dubai South
Established in 2006, the Dubai South Free Zone is one of the most attractive options for company setups. Foreign investors find this free zone attractive because of its ideal location.
Dubai South is an economic hub that offers various opportunities for multiple sectors, such as aviation, humanitarian, logistics, commercial, residential, and exhibition.
Setting up a company in Dubai South Free Zone has many advantages, such as complete ownership and tax relief. Moreover, company formation is cost-effective in this free zone, and the cost of a business license is also reasonable.
Dubai South is also a gateway to the markets of the MENA region as well as South Asia.
Benefits of Dubai South Free Zone Company Setup
Setting up a company in Dubai Free Zone has various benefits. Some of the major ones include:
100% Business Ownership
As a foreign investor, you can establish a business in the Dubai South Free Zone with 100% foreign ownership.
0% Corporate Tax
In Dubai South Free Zone, businesses benefit from a 0% corporate tax and personal income tax.
Simple Company Incorporation Process
There is no need to stress about your company setup process. The company incorporation process is very clear and straightforward. It requires less time, and you can get it done efficiently.
Business Activities You Can Perform In Dubai South:
- Agriculture
- Classification Services
- Construction & Contracting
- Financial Intermediation
- Health & Social Work
- Manufacturing, Mining & Quarrying
- Real State & Renting
Social & Personal Services - Trading & Services
- Transport, Storage & Communication
Types of Business Licenses in Dubai South Free Zone
Depending on the nature of your business, you can get one of the following licenses:
Aviation License
Companies that want to carry out aviation-related services require an aviation license from Dubai South Free Zone Authorities.
Logistics License
Businesses involved in storage, transportation, distribution, forwarding, and clearing services require a logistics license to operate in the Dubai South.
Trading License
This license allows import, export, distribution, storage or sale of permitted products in the UAE market.
Education License
An education license is necessary for businesses that provide educational and social services. These services include educational consultancy and educational & training services.
Service License
A service license is necessary to conduct service related activities in Dubai South Free Zone. Furthermore, you should get this license if you are an artisan or craftsman. Beauty salons in this free zone also need a service license.
Industrial License
You will need an industrial license if your business involves converting materials. Any manufacturing business, including gold and metals manufacturing, requires this license to operate in the Dubai South Free Zone.
Types Of Company Formation In Dubai South
- Limited Liability Company
- Branch company
HOW TO SETUP A BUSINESS IN DUBAI SOUTH FREE ZONE?
Here are the main steps for a Dubai South Free Zone company formation:
Decide a Company Type
The initial step is to decide what type of company you are establishing. You can choose from various company formations in the Dubai South Free Zone. One of them is a Limited Liability Company.
The other option is a branch of an existing UAE or foreign company. When you form a branch, it should conduct the same business activities as the parent company.
Choose a Non-Offensive Company Name
The next step is to select your trade name. A business owner must choose a non-offensive name that complies with the regulations.
Additionally, it should reflect your business activities. You can search for available company names. Lastly, register it with the Dubai South Free Zone Authority.
Prepare the Necessary Documents for Applying
Now, you need to apply for company registration. To do this, you must compile the required documents. Your chosen company type determines these documents. Nevertheless, you require the following:
- Completed application form
- Passport copies of directors and shareholders
- Passport size photographs
Documents Submission
The next step is to submit the document to Dubai South Free Zone Authority. The company registration fee depends upon your business activity.
Get Trade License
After getting the trade license from Dubai South Free Zone authority, you can officially start your own business with 100% ownership in this jurisdiction.
WHY SET UP A COMPANY IN DUBAI SOUTH WITH RFZ CSP?
You can simplify the business setup process in Dubai South Free Zone with the assistance of RFZ Corporate Services Provider.
We provide exceptional services including company registration, licensing, UAE residency and corporate bank account opening assistance.
Our expert team will help you through the legal formalities of Dubai South Free Zone company formation.
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