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14 Mar 2019
By MSZ Consultancy
Business Setup
Business Setup in Dubai South Free Zone
The Dubai South Free Zone formerly known as Dubai World Central (DWC). The Dubai South Free Zone is quietly situated to access the world’s developing economies, which makes it the strategic location for setting up the company in this region.
Types of licenses
- Industrial License
- Logistics License
- Trading and General Trading License
- Service License
- Education License
Following are the benefits of setting up a company in DWC
- 100% foreign ownership
- 100% repatriation of capital as well as profits
- flexible commercial lease terms
- Easy access to Jebel Ali Sea Port and also to Al Maktoum Airport
- wide range of business activities
- No currency restrictions
- World Class Business Hub
Required Documents include
- Registration and Licensing Application form
- Passport copy of shareholder, manager, director and also secretary
- UAE entry stamp/visa copy of shareholder, manager, director and also secretary,
- Shareholding ratio and also the business plan,
- Board Resolution (attested and notarized)
- Certificate of incorporation or trade license (attested and notarized)
- Memorandum of Association and also Article of Association (attested and notarized)
Procedure
Step 1: Submit application form with required legal documents
Step 2: Get trade name and also activity approval by the authority
Step 3: Company registration
Step 4: Then you have to pay the fees at the counter
Step 5: After the payment, you can get Registration Certificate, License and also Lease Agreement.
__For furthermore information, Contact us: +971 52 544 1248further more
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