Dubai Design District is located in the heart of the city, adjacent to Business Bay and it is at a distance of 3 minutes from the world’s tallest tower Burj Khalifa with an annual visitor worth 65 million, also it is in a close proximity of just 6 minutes from the Dubai International Financial Centre and 15 minutes from Dubai International Airport. Dubai Design District is dedicated to design, housing a rich mix of cutting edge industrial, product, interior, architectural conceptual, graphic and digital design.
The following segments of activity are the most suited for Dubai Design District Free Zone falling under the rules of regulations of Dubai Technology and Media Free Zone Authorities rules and regulations. The segments such as Marketing, Fashion, Luxury, Interior, Furniture and Objects, Design, E-Commerce, Ancillary Services, Technical and Occupational Skills, Beauty Care, Art, Freelancers, Advertising and Communications, Media and Marketing Services, Event Management, Event Support Services are the best suited activities to be carried out in Dubai Design District.
Dubai’s luxury, design and fashion sectors are poised for dramatic growth. Tourists account for 40% of global luxury spend, and Dubai’s strong tourism numbers will foster steady growth in luxury spending. Developers are allocating higher budgets for interiors, and architecture, creating expectations of double-digit growth through to 2014. Expo 2020 is set to spur investment in infrastructure, design and new ideas, boosting, local businesses too.
Major Benefits of Company Formation in D3 (Dubai Design District):
Location:
Dubai Design District, Dubai, (U.A.E.)
Proposed activity:
Fashion segments, Marketing, Interiors and Furniture, Manufacturing, Event sector activities can be carried out in D3.
License available:
Industrial, Professional & Commercial license are available options for D3 – Dubai Design District
Type of entities:
FZ – LLC (Free Zone – Limited Liabilities Company) and Branch
Shareholder:
Shareholder for Dubai Design District (D3) Company can be Individuals or Corporate entity
Director:
Individuals only (Minimum one. Shareholder can also be Director)
Share capital:
AED 50,000 for FZ – LLC Setup & AED 100,000/- for Manufacturing activities 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 D3.
Estimated time:
3 to 4 weeks to obtain license of the company and register a company in D3 (Dubai Design District).
Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.
D3 (Dubai Design District) Company Setup Process:
Documents Required for D3 Company Registration:
The documents required for business set up in D3 (Dubai Design District) depends on whether a shareholder is individual or corporate entity. Basic requirements are
To know more about the complete requirements for company formation in Dubai Design District (D3) call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com
Company Formation Cost in D3
D3 Company Setup begins from AED 1,64,500/- (inclusive of license, registration and rent against standard office)
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 D3.
Other Notes for D3 – Dubai Design District Company Formation:
Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in D3. Our company acts as a one stop solution for D3 company incorporation services.
If you are looking for D3 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 D3 (Dubai Design District).
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.