Company Formation in DOZ – Dubai Outsource Zone
Dubai Outsource Zone (DOZ) was launched in 2007 to cater to the market demand for outsourcing companies. DOZ supports Business Process Outsourcing (BPO), HR Outsourcing, IT Outsourcing, Back Office and Call Center Operations. DOZ provides comprehensive and purpose-built infrastructure for companies who want to establish themselves within an UAE free zone. DOZ offers state-of-the-art office space, robust telecom infrastructure, facilities management services and a 24-hour security service.
Dubai Outsource Zone is the first Free Zone in the world dedicated to the outsourcing industry. Dubai Outsource Zone provides comprehensive infrastructure and environment for companies that wish to set up outsourcing business in UAE.
Major Benefits of Company Formation in DOZ (Dubai Outsource Zone):
- 100% foreign ownership,
- 100% repatriation of capital,
- 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
- Dynamic international community,
- Opportunities for channel and market development,
- Communications infrastructure based on next-generation technologies,
- Digital voice and high-speed data services offered at comparative rates.
Characteristics of DOZ Company Setup:
Location:
Dubai Outsource Zone, Dubai, (U.A.E.)
Proposed activity:
Outsource/Consultancy/Tecom General related activities can be carried out in DOZ
License available:
Commercial license is only available option for DOZ – Dubai Outsource Zone.
Type of entities:
Free Zone-Limited Liability Company (FZ-LLC) & Branch office
Shareholder:
Shareholder for Dubai Outsource Zone (DOZ) Company can be Individuals or Corporate entity
Director:
Individuals only (Minimum one. Shareholder can also be Director)
Share capital:
AED 300,000/- (300 shares of AED 1,000/- each) for FZ – LLC Dubai Outsource Zone 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 not required to be filed with DOZ.
Estimated time:
4 to 6 weeks to obtain license of the company and register a company in DOZ (Dubai Outsource 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.
DOZ (Dubai Outsource Zone) Company Setup Process:
- Identify the legal form of company to be registered in DOZ
- Select activity from DOZ activity list,
- Apply for name and initial approval,
- Payment of fees related to DOZ business set up,
- Sign DOZ company registration and incorporation documents,
- Apply for DOZ residence visa.
Documents Required for DOZ Company Registration:
The documents required for business set up in DOZ (Dubai Outsource Zone) depends on whether a shareholder is individual or corporate entity. Basic requirements are
- Color passport copy,
- Color UAE residence visa & emirates id copy,
- CV/Resume,
- Utility bill copy,
- Business Plan.
- NOC from current sponsor
To know more about the complete requirements for company formation in Dubai Outsource Zone (DOZ) call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com
Company Formation Cost in DOZ:
DOZ Company Setup begins from AED 60,540/-
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 DOZ.
Other Notes for DOZ – Dubai Outsource Zone Company Formation:
- Document to be legalized with UAE Embassy in case of corporate shareholder
- 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.
- Company Immigration/Establishment card to be renewed every year
- 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 DOZ. Our company acts as a one stop solution for DOZ company incorporation services.
If you are looking for DOZ 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 DOZ (Dubai Outsource 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)
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)
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