Business Set Up in Dubai World Trade Center (DWTC)
Dubai World Trade Center (DWTC) provides an exclusive and also highly required proposition for your company formation in UAE. A Dubai World Trade Centre business setup can be the ideal option for businesses looking for an effective, competitive and also well-regulated business ecosystem.
Types of license:
Following are the types of license available in Dubai World Trade Center (DWTC)
- General trading license
- Professional license
- Commercial license
- Event management license
- Business operating permit
Legal entity:
- Branch of foreign company
- Branch of UAE company
- Free Zone Establishment (FZE)
- Free Zone Company (FZCO)
Some of the benefits of setting up a company in DWTC is following below
- 100 % Foreign ownership
- 100% Repatriation of capital
- No restriction on currency and also repatriation of funds
- No restriction on hiring foreign employees
- One-stop–shop providing company registration, licensing and also visa services
Required documents for setting up a Foreign Branch in Dubai World Trade Center (DWTC)
- DWTC Application Form
- Company profile
- Passport copies of directors and also managers
- Copy of EID and Resident visa of directors and also managers (applicable for UAE resident only)
- NOC from local sponsor for managers (if applicable)
After initial approval
- Memorandum of Association and also Article of Association of parent company
- Copy of certificate of incorporation or association of parent company
- Board resolution
- Specimen signature of manager (attested by DWTC authority)
- Copy of Audited Accounts of Parent for preceding two years,
- Certificate of Good Standing or copy of valid Trade License of the Parent company (if applicable)
Note: The Certificate of incorporation, Board resolution, MOA & AOA (must be notarized by a notary public and attested by the UAE embassy in the country of origin or the ministry of foreign affairs in the UAE)
Required documents for setting up a UAE Branch in DWTC
- DWTC Application Form
- Company profile
- Passport copies of directors and also the managers
- Copy of EID and also Resident visa of directors and managers (applicable for UAE resident only)
- NOC from local sponsor for managers (if applicable)
After initial approval
- Memorandum of Association and also Article of Association of parent company (attested by the parent company’s existing authority in the UAE)
- Copy of UAE valid registration
- Copy of certificate of incorporation of parent company (if applicable)
- Board resolution (attested by the parent company’s existing authority in the UAE)
- Specimen signature of manager (attested by DWTC authority)
Required documents for setting up a Free Zone Establishment (FZE) in DWTC
- DWTC application form and also FZE application form
- Company profile
- Passport copies of shareholders, directors and also the managers
- Copy of EID and also Resident visa of shareholders, directors and managers (applicable for UAE resident only)
- NOC from local sponsor for managers (if applicable)
After initial approval
- Memorandum of Association and also Article of Association of FZE (attested by DWTC authority)
- Specimen signature of manager (attested by DWTC authority)
- Bank certificate for deposit of share capital in the company’s UAE bank account
Following are the required documents for Non-individual shareholder
- Certificate of incorporation of Non-individual shareholders (must be notarized by a notary public and attested by the UAE embassy in the country of origin or the ministry of foreign affairs in the UAE)
- Board resolution (must be notarized by a notary public and attested by the UAE embassy in the country of origin or the ministry of foreign affairs in the UAE)
- Memorandum of Association and also Article of Association of Non-individual shareholder (must be notarized by a notary public and attested by the UAE embassy in the country of origin or the ministry of foreign affairs in the UAE)
Required documents for setting up a Free Zone Company (FZCO) in DWTC
- DWTC application form and also FZCO application form
- Company profile
- Passport copies of shareholders, directors and also the managers
- Copy of EID and Resident visa of shareholders, directors and also the managers (applicable for UAE resident only)
- NOC from local sponsor for managers (if applicable)
After initial approval
- Memorandum of Association and also Article of Association of FZCO (attested by DWTC authority)
- Specimen signature of manager (attested by DWTC authority)
- Bank certificate for deposit of share capital in the company’s UAE bank account
Following are the required documents for Non-individual shareholder’s
- Certificate of incorporation of Non-individual shareholders
- Board resolution
- Memorandum of Association and also Article of Association of Non-individual shareholder
Note: The Certificate of incorporation, Board resolution, MOA & AOA (must be notarized by a notary public and attested by the UAE embassy in the country of origin or the ministry of foreign affairs in the UAE)
If you are planning to set up a company in DWTC then contact MSZ Consultancy, we will assist you for setting up your business in DWTC. We will provide you turn key and hassle free solution. Contact us: +971 50 487 2208 or Email us.
