Dubai South (Dubai World Central)
Formerly Known As The Dubai World Central
About Dubai South
Formerly known as the Dubai World Central, Dubai South is a project that aims to sustain a population of a million. But more than that, this free zone made headlines for being the place to hold the World Expo 2020. Dubai South is an ambitious aim economic platform designed to support every type of business and industry thus creating more than 500,000 job opportunities in the country. It is recognized as one of the most exceptional and groundbreaking projects in Dubai and its size is reported to be twice that of Hong Kong Island.
Dubai South supports business activities including logistics, aviation, commercial, exhibition, humanitarian, residential and other related businesses. Dubai South is just a couple minutes’ drive from the Jebel Ali port (one of the busiest and well-known ports in the world). The Al Maktoum International Airport, which is the largest airport in the world, is also close by.
Dubai South is also a gateway to the markets of the MENA region as well as South Asia. It’s safe to say that this free zone is the most-sought after free zones by investors and entrepreneurs alike to set up their businesses.
Main Benefits Of A Business Set Up In Dubai South
- 100% foreign ownership
- No corporate or income taxes
- Complete control of funds and its transfers
- No import export taxes
- A wide range of business activities unlike elsewhere
- Easy business set up with minimum documentation
- Affordable and flexible commercial lease terms
Business Activities You Can Perform In Dubai South:
- 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 Licenses Available In Dkv
Holders can perform manufacturing activities.
Holders can perform transportation activities.
This license allows import, export, distribution, storage or sale of permitted products in the UAE market.
General Trading License
Can trade any type of permitted goods outside the UAE
This license allows to conduct services specified by the authorities within the free zone.
Types Of Company Formation In Dubai South
- Limited Liability Company
- Branch company
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