Dubai South Freezone (Dubai World Central (DWC))

Category

Details

1. Location

Strategic Location: DWC is located near the Al Maktoum International Airport (Dubai South), the world’s largest airport, and is also close to Jebel Ali Port, making it an ideal location for logistics, trade, and e-commerce businesses.

2. Business Opportunities

Wide Range of Industries: DWC Freezone offers a wide array of business activities, particularly focusing on:

– Aviation

– Logistics

– Trade

– E-commerce

– Technology

– Consultancy and Services

3. Ownership

100% Foreign Ownership: Companies in the DWC Freezone enjoy 100% foreign ownership, eliminating the need for a local sponsor or partner.

4. License Types

Various License Options: DWC provides different types of licenses based on the nature of your business. These include:

– Commercial License: For trading and distribution activities.

– Service License: For consultancy and service-based businesses.

– Industrial License: For manufacturing or production-based companies.

5. Office Space Solutions

Flexible Office Space: DWC Freezone offers flexible office solutions to suit businesses of all sizes. Options include:

– Flexi-desks

– Private Offices

– Warehouse Spaces

6. Taxation

Tax Benefits: DWC Freezone offers attractive tax benefits, including:

– According to the Federal Tax Authority (FTA), a 9% corporate tax will apply on net profits exceeding AED 375,000.

– No Income Tax.

– No Import/Export Duties.

– VAT at the standard rate of 5% for goods and services.

7. Visa & Immigration

Visa Options: Companies can apply for employee and investor visas. The number of visas depends on office size and business activities. DWC also offers options for family sponsorship under specific conditions.

8. Logistics Hub

Ideal for Logistics: DWC Freezone’s location near Al Maktoum International Airport and Jebel Ali Port offers businesses in logistics and trade the ideal setup for efficient operations, with easy access to air and sea transport.

9. Aviation Sector

Aviation Hub: DWC is particularly attractive for aviation-related companies. It offers direct access to the aviation industry through the nearby Al Maktoum International Airport, a key gateway for air cargo, aircraft services, and aviation-related businesses.

10. Infrastructure

State-of-the-Art Infrastructure: The freezone features modern infrastructure, including:

– High-speed internet and communication facilities.

– Energy-efficient office spaces and warehouses.

– Customizable office layouts to meet business needs.

11. Cost of Formation

Cost to Register: The cost of forming a company in DWC Freezone generally starts AED 35,000, depending on the size of the business, the license type, and the number of visas required.

12. Networking & Support Services

Business Ecosystem: DWC is home to many multinational corporations, offering a collaborative environment. It provides networking opportunities through various events and industry-specific forums. DWC also offers access to legal, financial, and marketing support services.