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 52 544 1248 or Email us: info@mszconsultancy.com
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
Steps for Company Incorporation in Dubai
Dubai is a world-renowned destination for business, drawing investors and entrepreneurs from around the world. Businesses here take advantage of straightforward registration processes, opportunities for growth, business-positive regulations, and relaxed tax...
LLC or Sole Proprietorship: Which is the Best Way to Setup Your UAE Business?
Setting Up a Business in Dubai If you’re an entrepreneur who’s ready to launch a business setup in Dubai, you have many options available to you. Some initial questions you’ll want to answer for yourself include where you want to conduct business, and what type of...
Dispelling Myths Surrounding Offshore Company Setup in the UAE
Offshore Companies in the UAE The offshore company set up in the UAE is a lucrative, tax-efficient venture for many entrepreneurs hoping to conduct international trade. Offshore entities are businesses that conduct international trade with minimal tax and accounting...
Is Renting Office Space a Mandatory Part of Business Setup in Dubai?
Office Space for Rent! Office space is heavily intertwined with company formation in Dubai and in all sections of the UAE. When seeking a trade license, renting office space is a compulsory part of the process. For some new investors, this aspect of business can be...
Everything You Need to Know About Dubai’s Virtual Asset Regulation Law
Visual assets, or digital properties such as Bitcoin, NFTs, and Cryptocurrencies, have become an increasingly popular payment tool for digital and real-world transactions. This surge in interest is expected to only grow in the coming years with the advent of...
How to Set Up a Media Company in Dubai
Dubai is renowned for its place as one of the world's leading business and trade hubs. It's home to a diverse economy, incredible tourist attractions, and bountiful business opportunities. However, it's also a dedicated destination for artistic endeavors in media,...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news