DWC Free Zone, also known as Dubai South Free Zone, is an emerging 145 sq. km development and one of Dubai’s most ambitious business hubs. Often referred to as the emirate’s “aerotropolis” project, it is aligned with the vision of Sheikh Mohammed bin Rashid Al Maktoum to create a future-ready economic ecosystem. Its strategic growth and infrastructure make it an attractive destination for investors considering Company Formation in DWC FZ.
DWC Free Zone is designed to support a population of over one million and aims to accommodate a wide range of industries and businesses. As a major financial and logistics platform, it is expected to generate significant employment opportunities. It is also home to Al Maktoum International Airport, set to become one of the world’s largest airports, and has hosted major global events such as Expo 2020 Dubai and the Dubai Airshow.
Advantages of DWC Freezone:
- 100% foreign ownership,
- 100% repatriation of capital & profits,
- 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
- Total exemption from all import and export duties,
- Quality freehold, commercial and residential property for sale or lease at competitive rates,
- No currency restriction,
- Direct access to Al Maktoum International Airport, strategic location on Sheikh Zayed Road, connecting Abu Dhabi as well as Dubai and also close proximity to Dubai Logistics Corridor,
- Flexible office solutions,
- No visa deposit required
Characteristics of DWC FZ Company Setup:
- Activities Permitted – Manufacturing, Trading, Service, Logistic, Aviation & Education.
- License Provided – Industrial, Commercial trading, General trading, Aviation, Logistics & Service license .
- Type of Companies – DWC LLC (Limited Liabilities Company) and Branch office.
- Share Capital – AED 300,000/-
Types of License allow in DWC FZ:
The categories of license available within the DWC Free Zone are:
Commercial Licence– This type of a license allows you to carry out specified commercial services; that is trading, general trading and logistics services.
Service Licence– This type of a license allows you to carry out services specified in the Licence; within the Dubai South Free Zone and elsewhere in the UAE.
Industrial Licence–This type of a license allows you to carry out specified light manufacturing activities.
Education Licence– allows the holder to carry out educational as well as social services, educational aid training and educational consultancy services
Basic documents required for DWC FZ:
- Color Passport and Visa page/ UAE entry stamp of shareholder/director/manager,
- Color Emirates id copy of shareholder/director/manager,
- CV/Profile of shareholder/director/manager,
- Utility bill of shareholder/director/manager,
- NOC from existing sponsor for shareholder/director/manager
Estimated Cost & Estimated Time:
DWC FZ company setup begins from AED 31,180/- subject to availability and fulfillment of DWC FZ requirements.
Estimated Time to complete the set up is around 2 to 3 weeks after submission of application documents to the authority.
How can GBS help?
Global Business Services FZCO is a professional company setup consultants UAE that offers advisory, commercial, accounting, company formation, and administration services in tax-efficient jurisdictions worldwide. As experienced, trusted business setup consultants in Dubai, our team has developed a strong understanding of diverse corporate requirements since inception. We are known for delivering high-quality company setup guidance without increasing costs, along with a free consultation to answer all your questions about starting a business in the UAE.
For more information on setting up a DWC FZ or any other business structure, contact us today at +971 4 4471804 or email us at info@gbsei.com.
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.
