Business Setup in Dubai South Free Zone – Expo 2020

HOW TO GET A LICENSE IN DUBAI SOUTH FREE ZONE (DWC)?

Dubai is the land of dreams and is home to over 120 ‘Fortune 500’ Companies. The numerous opportunities, Dubai’s tax benefits and hassle-free government processes make it extremely simple to start a new business in Dubai without any delay. With the introduction of Free Zones, the concept of 100% ownership is now in place, thereby giving you all the autonomy you need.                                  

The Dubai South Zone which was previously known as Dubai World Central (DWC), Dubai’s subsequent aero plane terminal and the world’s future focus genuinely coming to fruition, built south of the city close to the rapidly developing areas of “New Dubai”. DWC lies at the center of an entire aero plane terminal city. It’s one of the best initiatives taken by the Government of Dubai that places the emirate as a prime trade center of the world. A standout amongst the best-perceived projects on the planet, the largest free zone located on 140 kilometers of the area very close to the Jebel Ali Sea Port which has a massive number of activities including logistics, aviation, residential private and a lot increasingly related businesses. Before starting any of these businesses; however, a DSFZ license is a must.

Today, DWC is the world’s trade and aviation hub. The DWC HQ is close enough to Al Maktoum International Airport, Exhibition District, Logistics District, Humanitarian District, Commercial District, Golf District, Residential District, Aviation District and Business Park Aviation which on the whole fill in a vital stage for the development of, aeronautics, logistics, light industry and different business administrations. DWC is strategically located to give coordination and shipment around the Middle East thereby making it a perfect place to start your company in Dubai – UAE.

Multi Types of Licenses in the Dubai South Free Zone                                                                               

These are the few types of licenses available in DWC, in which;

Commercial License

 This license allows a firm or an enterprise to engage in general trade. Any business that’s categorized as a commercial business has to obtain this license to do any trade activity.

Industrial License

Manufacturing and large scale production activities come under this license. This license is ideal for those who wish to start a new factory in Dubai South Free Zone.

Service License

Professionals who convert their passion into a full business required this license. This license is mainly for a service providing activity.

Freelance License

To do any freelance activity, a freelance license is advisable.  A freelancer is identified as someone who works alone. There is no need to have a separate business name, and the said freelancer can start a business in their name.

Education License

An Educational Institution is mandatorily required to have an education license. (Schools, Colleges, Academies)

Procedure

1. Application Submission with Specified Legal Documents

Before starting any type of new business in Dubai South Free Zone, An application form can be submitted to the free zone authorities or submitted online, after which the necessary documents prescribed in the way also have to be provided.

2.  Trade Name Reservation and other Approvals

The name of the business should always relate to the business activity intended to be performed in should in no way resemble other existing trade names. Also, a No-Objection Certificate (NOC) is a mandate for certain business activities that may require further approvals from secondary authorities.

3. Company Registration / Incorporation

 Register your company in the government portal once the documents are approved and an invoice mentioning the dues needed to be paid will be provided. The said amount can be paid, and the license can be collected.

4. Collect Relevant Documents

An Approval Form needs to be signed, and documents along with the license need to be collected. Depending on the kind of office, a lease agreement needs to be collected too.

Documents Required to Put the License to Use in Dubai South Free Zone

For a Branch

• Documents of other languages need to be translated into English/Arabic should be done by legal translators along with the notarization and attestation.
• A board resolution approving of establishing a branch
• A board resolution giving power of attorney or representative power to a third party
• A Certificate of Incorporation is also required and has to be notarized, attested and legalized.
• The MOA (Memorandum of Association) and the AOA (Articles of Association) of the parent company notarized, attested and legalized.
• A certificate of good standing is a requisite and the newly acquired trade license or the appropriate license notarized, attested and legalized.
• A copy of the passport of the General Manager

·For an LLC (Limited Liability Company)

• Foreign language documents  to translated into English/Arabic by legal translators and these documents need to notarized and attested
• Certificate of Incorporation (notarized, attested and legalized)
• Board Resolution to establish a company (signed)
• A board resolution approving of creating a branch
• A board resolution giving power of attorney or representative power to a third party
• A certificate of good standing is mandatory and the newly acquired trade license or the appropriate license notarized, attested and legalized.
• Passport copy of the Manager / Director/ Secretary.

With all these formalities completed, you can start your business at DSFZ.

Need Help?

Want to set up your dream enterprise in the prestigious Dubai South Free Zone. We at Emaraat Business Consultant are one of the top business consultants in the UAE, feel free to contact us info@emaraatbusinssconsultant.com and we’d be more than happy to help you any time and any where.