Dubai Textile City (DTC)
Dubai Textile City (DTC) is considered to be a huge textile center and it was formed from the agreement between TEXMAS and Dubai Port and Customs Authority to facilitate the Textile traders in Dubai and also other part of the world.
Types of entities in DTC
- Free Zone Establishment (FZE)
- Free Zone Company (FZCO)
- Branch of a Foreign/Local company
Following are the benefits of setting up a company in DTC
- 100% foreign ownership
- 100% repatriation of capital and profits
- Subleasing options available
- No intermediaries to add to costs
- Discipline and also a stable legal system
- Worldwide publicity promotes better business turnover
- Low operational cost and also low production cost
Following are the required documents for company registration
- Passport copies of the shareholders
- Passport copies and also CV (resume) of the manager
- Personal information sheet of each shareholder and manager
- Proof of trade name reservation and also initial approval
- Memorandum of Association (MOA) and also Article of Association (notarized and attested)
- Power of Attorney (notarized and attested)
- Lease agreement
- Proof of share capital
Additional documents for corporate shareholders
- Board resolution (attested and notarized)
- Certificate of incorporation of your existing company (attested and notarized)
- Memorandum of Association (MOA) of your existing company (attested and notarized)
For furthermore information, Contact us: +971589827842/+97142297508
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
Dubai is known as a city of opportunities and is the commercial hub of the United Arab Emirates (UAE), transforming itself from an oil-dependent to one of the leading and economic innovation hubs in the world. Due to its flexible business setup governemnt policies and...
The gold industry in Dubai has been thriving since the 1940s due to its free trade policies which have encouraged traders from all over the world. Gold trading is one of the leading imports in Dubai. If you are an entrepreneur who is willing to start a gold trading...
Dubai is amongst the world’s famous destinations for business which is preferred by entrepreneurs. Due to its world-class infrastructure, global strategic location, attractive taxation benefits it is one of the best places for doing business in Dubai. There are many...
Dubai is a prominent business destination for global investors and business professionals. From manufacturing to selling, Dubai is one of the most profitable countries. The textile industry is booming and growing rapidly along with massive employee opportunities. If...
A trademark is a symbol, word, or logo that is registered legally through their use represents a brand or an enterprise. Trademark registration protects the logo and the brand name of your company. Trademarks are intellectual property rights governed and protected by...
There is a massive increase in businesses in the UAE. With the ever-changing rules and regulations, there is a huge demand for a law firm in Dubai. Due to its liberal business environment, taxation benefits, and world-class infrastructure, Dubai is considered a...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news
Request a call back
Would you like to speak to one of our business advisers over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.