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Company Formation in DWTC – Dubai World Trade Centre Free Zone
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Dubai’s very first major tower and business centre, the Dubai World Trade Centre building instantly became the heart of Dubai’s growing global business community. The Dubai World Trade Centre has played a pivotal role in the growth of international trade for the Middle East, ever since inauguration in 1979. A focal point for overseas businesses to establish their presence in a country rich with opportunity, the Dubai World Trade Centre embodied Sheikh Rashid’s vision of a modern city that would attract the world’s leading companies.

With over 30 years’ experience and more than one million square feet of multi-purpose space and some of the world’s most high-profile events, a destination in itself, DWTC hosts more than 500 events across international trade fairs, mega consumer shows and prestigious conventions and welcomes more than 3 million visitors from 160 global markets every year

Major Benefits of Company Formation in DWTC (Dubai World Trade Centre Free Zone):

  • 100% foreign ownership,
  • 100% repatriation of capital,
  • 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
  • No currency restrictions
  • Strategic location in the heart of Dubai and one of the largest events management free zone.
Characteristics of DWTC Company Setup:

Location:

Dubai World Trade Centre Free Zone, Dubai, (U.A.E.)

Proposed activity:

Manufacturing/Trading/Service/Consultancy/Tourism related activities can be carried out in DWTC.

License available:

Industrial/Commercial trading/General trading, Professional & Tourism license are available options for DWTC – Dubai World Trae Centre Free Zone.

Type of entities:

FZE (Free Zone Establishment – Single Shareholder), FZCO (Free Zone Company – Multi Shareholders) & Branch office

Shareholder:

Shareholder for Dubai World Trade Centre Free Zone (DWTC) Company can be Individuals or Corporate entity (maximum 10)

Director:

Individuals only (Minimum one. Shareholder can also be Director)

Share capital:

AED 300,000/- (300 shares of AED 1,000/- each) for DWTC Company Setup and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.

Audit:

Audit report is required to be filed with DWTC.

Estimated time:

1 week to obtain trade license of the company and register a company in DWTC (Dubai World Trade Centre Free Zone)

Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

DWTC (Dubai World Trade Centre Free Zone) Company Setup Process:

  • Identify the legal form of company to be registered in DWTC
  • Select activity from DWTC activity list,
  • Apply for name and initial approval,
  • Payment of fees related to DWTC business set up,
  • Sign DWTC company registration and incorporation documents,
  • Apply for DWTC residence visa.

Documents Required for DWTC Company Registration:

The documents required for business set up in DWTC (Dubai World Trade Centre Free Zone) depends on whether a shareholder is individual or corporate entity. Basic requirements are

  • Color passport copy,
  • Color UAE residence visa & emirates id copy,
  • Company profile
  • NOC from current sponsor for manager

To know more about the complete requirements for company formation in Dubai World Trade Centre Free Zone (DWTC) call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com

Company Formation Cost in DWTC:

DWTC Company Setup begins from AED 30,995/-.

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DWTC.

Other Notes for DWTC – Dubai World Trade Centre Free Zone Company Formation:

  1. Document to be legalized with UAE Embassy in case of corporate shareholder
  2. Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
  3. Company Immigration/Establishment card to be renewed every year
  4. Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-

Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in DWTC. Our company acts as a one stop solution for DWTC company incorporation services.

If you are looking for DWTC company setup, please get in touch with us for professional assistance

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DWTC (Dubai World Trade Centre Free Zone).

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.

GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

QUICK LINKSOur Services
GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.

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Copyright © 2020 Global Business Services.

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