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DWTC Authority Free Zone Company Setup - Setup Zone

DWTC Authority Free Zone

The DWTC Authority Free Zone offers an enhanced incentive for businesses to establish their permanent representation within the offshore zones.

Supporting this is a uniquely accommodating model offering convenient co-location of onshore and offshore operations, within a flexible and advantageous regulatory environment. DWTC Authority will deploy and manage internationally-benchmarked legislative policies and operational procedures in collaboration with government authorities.

 

Currently operating in proximity to one of the world’s largest and most dynamic event venues and a well-established nexus point for global businesses and decision makers to meet, collaborate and engage, the Free Zone will be highly connected via the Dubai Metro and road network and just 15 minutes from Dubai International Airport.

 

 

DWTC Authority Free Zone – Key benefits of offshore licenses

 

  • 100% foreign ownership
  • 100% repatriation of capital
  • Zero income tax for 50 years and renewable
  • Zero corporate tax for 50 years and renewable
  • No export tax
  • No restriction on currency and repatriation of funds
  • No restriction on hiring foreign employees
  • No restraints over the capital nationality
  • Freedom to initiate multi options for legal operating structures
  • Flexibility to determine prices of services or products and the profit margin desired
  • Stable and clear regulation
  • One-stop–shop service that provides business partners with a variety of government services, including company registration, licensing, visa and other services
  • Simplified incorporation process

Licences

The Free Zone will offer a highly competitive, single-point of contact operation for corporations, affording them a unique and flexible offering to operate seamlessly.

 

The Free Zone will offer a highly competitive, single-point of contact operation for corporations, affording them a unique and flexible offering to operate seamlessly, including as an onshore registered business, under an independent free-zone license or as a dual licensed entity from within the same zone. Various types of companies can be formed at DWTC Free Zo ne, namely:

 

– Free Zone Establishment (FZE)

– Free Zone Company (FZCO)

– A Branch of an L.L.C. (covers all Limited Liability Companies in the UAE)

– A Branch of a Foreign Company

 

Free Zone Licences: Carrying out commercial activities limited to those specified in the licence, which allow the import, export, sale,distribution and storage of items permissible within the license.

 

 

Commercial Licence: Carrying out commercial activities limited to those specified in the licence, which allow the import, export, sale,distribution and storage of items permissible within the license.

 

 

General Trading Licence: Carrying out commercial activities across an unrestricted range of activities, products and/or items using this license, and as such allows for the holder to import, export, sell, distribute and/or store all such categories under this license.

 

 

Professional Licence: Carrying out the services specified in the licence within the Free Zone and elsewhere in the UAE (subject to locallicences and permits that may be required in other jurisdictions). These include services such as advisory, general consulting, software implementation, training, onsite repair, catering and human resource services.

 

 

Event management Licence: Organising of Meetings, Incentives, Conferences and Exhibitions (MICE) as well as any Business and Leisure events and the provision of all related goods and services being hosted by an organiser.

 

 

Business Operating Permits
One of DWTC Authority’s unique selling points is the option for locally licenced onshore entities to either relocate or be established in the Free Zone. This is achieved though the issuing of a Business Operating Permit to entities already licenced by the Dubai Department of Economic Development that want to obtain a lease and operate in the Free Zone.

 

Dubai World Trade Centre Authority (DWTC Authority) provides a unique and highly desirable proposition for businesses to compete even more effectively regionally and globally.

 

We at Setup Zone offers a wide range of services to assist you in the process of business setup. The incorporation of a free zone business is not always as you think. Setup Zone specializes in taking care of the legal and document clearing side of the process.

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