Set Up Your Company in Dubai South
Dubai South, a dedicated business hub in the UAE, is integral to the Dubai World Central initiative, emphasizing aviation and logistics. Positioned as a global transport hub, it offers services like business incubation, free zone licenses, and access to strategic partners. Ideal for entrepreneurs leveraging its connectivity, Dubai South hosts Al Maktoum International Airport, slated to be the world’s largest.
With a focus on varied business needs, it provides services such as business support and value-added services. The hub accommodates diverse workspace options, making it a comprehensive choice for businesses aiming to thrive in a strategically positioned and well-connected environment within the UAE.
Advantages of Setting Up Your Business in Dubai South
Beyond its unparalleled connectivity, here are several advantages that both local and foreign entrepreneurs can experience when establishing a company in Dubai South:
Located between Dubai and Abu Dhabi, with direct access to Jebel Ali Sea Port and Al Maktoum Airport, poised to be the world's largest.
Enjoy 100% foreign ownership, unrestricted capital repatriation, no currency constraints, no personal income tax, flexible leases, and a 5% VAT rate.
Dubai South offers seven districts for business setup, including Residential, Commercial, Logistics, Aviation, Humanitarian, Golf, and Exhibition City districts.
Dubai South offers top-notch customer service and streamlined setups for businesses. Entrepreneurs can select from small workspaces to warehousing facilities.
Types of Licenses Offered in Dubai South
Here are the six types of business licenses offered in Dubai South:
- Education License
- Industrial License
- Aviation License
- Trading License
- Logistics License
- Service License
Dubai South Company Setup
- Passport copy
- UAE entry stamp/visa copy
- Phone number
- Email address
- Residence and correspondence address
- Shareholding ratio
- Company name
Register your Company Based on Jurisdiction
Once a company is registered with the appropriate authority, it paves the way for a smooth entry into the Dubai or UAE market, allowing you to grow without facing operational or legal challenges. The type of business license you need depends entirely on your business plan, type of business, target market, financial goals, and initial budget. You can choose from three main types of registration.
Steps in Setting Up Your Business in Dubai South
Establishing your company in Dubai South is a simple process, but seeking guidance from Eslam Elgendy can streamline time and costs.
The first step in setting up a business in Dubai South involves choosing between an LLC or branch, considering their requirements and advantages. Before incorporating, define your business activities for the right trade license.
AOAs and MOAs are crucial documents for business establishment. Notarize them through a legal entity. Additional requirements may be needed based on your business license type.
Upon submitting all requirements, you receive a Certificate of Registration, facilitating the opening of a bank account. Issued within 7-14 days.
After registering and obtaining licenses, securing office space in Dubai South is essential. Options include leasing or constructing a new building.
Submitting essential documents like the business registration certificate, license, and lease agreement allows you to open a corporate bank account for financial transactions.
Freezone Company Registration
There are 45+ freezones in the UAE and 8000+ companies in freezones. The UAE Freezone is a designated UAE area where expatriates can fully own and operate their business at an affordable registration fee. Dubai Freezone company registration is a potential business investment for expatriates worldwide.
- DIFC Freezone
- DMCC Freezone
- Dubai South
- Dubai Design District (D3)
Frequently Asked Questions
The UAE has special economic zones called Free Zones. These zones offer perks like full foreign ownership, no sponsorship requirement, no taxes, and simplified processes. A company registered and operating in a free zone is called a Free Zone company setup.
Yes, many Free Zones in the UAE allow a single owner with 100% control of the company. However, in some Free Zones, you must have more than one owner for business registration. If you want to set up a company with 100% ownership, you can get in touch with a business consultant, like Avyanco, for guidance.
The process of setting up a company in Dubai free zone can take from a few days to a few weeks. The overall duration depends on a number of factors, such as the specific Free Zone, licence requirements, and documentation.
No, there are no customs duties in Free Zones in the UAE, as they are exempt from paying customs taxes. Except for the restricted items, you can smoothly import or export goods without any restrictions.
Yes, you can convert your Free Zone company to a Dubai Mainland company. However, the process is complex, and you must not proceed without expert consultation. As there is no direct transfer option available, you have to cancel your Free Zone licence and apply for a new licence with DED. You also have to obtain visas, register for VAT, and complete the business registration process again.
Ajman Free Zone is recognised as the most cost-effective free zone in the UAE, with starting costs as low as AED 5,555*. The current AFZ company formation package makes it the cheapest Free zone in UAE for acquiring a free zone license (without a visa).
IFZA (International Free Zone Authority) is the cheapest Free Zone in Dubai, UAE.
The IFZA Freezone offers the cheapest free zone license in Dubai, UAE. It costs around AED 12,900 without a visa and AED 21,900 with one investor visa offered by IFZA Dubai.
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