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Dubai South Company Registration Business Setup License Cost

Dubai South Company Registration Business Setup License Cost

COMPANY FORMATION & REGISTRATION IN

DUBAI SOUTH

fz dubai southDubai South Free Zone Company Registration : Dubai South Free Zone (prev. known as Dubai World Central) This development is presently under construction and is designed to serve as economic zone for offering support to several activities including exhibition, commercial, aviation, logistics, residential, humanitarian and related businesses surrounding Al Maktoum Int. Airport. Annual capacity of 160 million passengers and cargo of 12 million tons has been planned by Dubai South. The construction covers 145 sq. km., which is over 2 times of Hong Kong Island in size.

 

Dubai South, popularly referred to as ‘City of You’ can be stated to be a well planned, emerging city covering 145 sq.km. based upon individual happiness. It is considered to be the flagship urban project of the emirates and centered upon Dubai’s Ruler and UAE’s Prime Minister and Vice President, His Highness ‘Sheikh Md. Bin Rashid Al Maktoum’s visions. Dubai South Officials claim that the royal vision can be noticed on 2021 Dubai Plan that applies in the following manner to Dubai South:

  • Play a crucial role in global economy
  • To develop sustainable and smart city
  • To create cohesive and inclusive society
  • To achieve the most preferred place tag to invest, work and reside
  • To become the city of empowered, creative and happy people

Dubai South Free Zone master plan:


Aviation District

It covers an area of 6.7 sq.km. and serves as Integrated Aviation Eco-System that is dedicated to the aviation segment. The VIP Terminal, Middle-East Business Aviation Show and the Dubai Airshow are all permanently based in the district.

Logistics District

This multi-modal platform is meant for firms that are supply chain affiliated. Customized and ready to use facilities are offered by the district, designed to serve the needs of integrators, contract logistics, agents and freight forwarders. Also is provided airside access to and air cargo operations by Maktoum International Airport.

Business Park

Flexible office spaces are offered by the Business Park to businesses belonging to diverse sectors, ranging from large corporations to SEMs to startups. Office solutions are offered by the business center that operates 24/7.

Business facilities in Dubai South Free Zone

  • 100% tax free operations
  • Full foreign ownership.
  • 100% repatriation of capital as well as profits.
  • Zero tax as well as no duty tax for import and export.
  • Flexible commercial lease terms.
  • Wide range of business activities.
  • Minimum documentation required to set up a business.
  • Direct access to Jebel Ali Sea Port and Al Maktoum Airport.
  • No proof of share capital, no currency restrictions, competitive rates.
  • State of the art facilities.

Types of licenses available in Dubai South Free Zone

  • Industrial License:  Allows the Licence holder to carry out a specified light manufacturing activity (e.g. blending, mixing, purifying, assembling forming, repacking, or wrapping of products). You can setup your business in Dubai South Free Zone with Industrial Licence.
  • Logistics License: Allows the Dubai South Licence holder to carry out specified logistics services (e.g. storage, transportation, distribution, sorting, forwarding and clearing activities, order management, inventory management, etc.). Black Swan Business Setup can help you Registering Logistic Licence in Dubai South Free Zone
  • Trading & General Trading License: Allows the Licence holder to import, export, sell, distribute and also store items specified in the license. However, free zone enterprises holding a trading license may only sell completed products in the UAE market through a local distributor or a commercial agent that are properly registered in the UAE.
  • Service License: Allows the Service Licence holder to carry out services specified in the license within the  free zone and elsewhere in the UAE (although additional local licenses may be required in some Emirates). Service licenses are issued to free zone enterprises supporting the logistics industry and will include services, such as consulting, software, training, repair, and catering,
  • Education License: Allows the Education Licence holder to educational and social services; educational and training, and educational consultancy services.
  • Freelance License: SMEs, startups as well as individual professionals seeking independence through a range of customized solutions that will further help them grow their business, can apply for the Freelance Permit to start their own beginning for a business and they can benefit from simplified & Easy permit issuance and eligibility to apply for UAE Resident Visa.

FAQ'S

What type of visa that is available within DACC free zone?

The DACC free zone provides four types of visas: employment, freelancer, student and visiting.

What is the visa validity?

1 – 3 years

How can I apply for a residency visa?

You can avail for this service through registered E-Service portal account of the company

What;s the difference between an in-country and an outside-country application?

The procedure and fees may vary depending on whether an applicant currently resides in the UAE or not (please refer to the tariff for the visa fees).

Can I apply for an entry permit from within the UAE if my residence visa had been cancelled by my previous employer?

Yes

Can I apply for new Entry permit if my passport validity less than 6 months?

no

Does DACC provide family hold letters

Yes

What is the validity of the entry permit?

The entry permit is valid for 60 days, renewable for another 60 days upon entry to the country.

Can I modify an entry permit that has already been issued?

No, you need to cancel the entry permit and apply again.

Can I extend an expired entry permit?

No, as per the GDRFA, the extension service is no longer available. If an entry permit expires, you will have to cancel it and then apply for a new one.

What will the designation for a sole company shareholder be on the residence visa?

Investor

What will the designated position on an entry visa be if there are two or more shareholders?

Partner

Free-Zone Has Its Own Benefits

Given below are few Benefits of Setting Up of Company in UAE Free zone

  • 100% foreign ownership
  • Tax benefits
  • Duty free
  • Low operational cost
  • Low freight charges
  • Abundant & inexpensive energy
  • Exemption from all import and export duties
  • Freedom to recruit expatriates
  • Freehold offices available on sale or lease
  • Readymade offices, factories & warehouses
  • Free transfer of funds and no foreign exchange control

Why Black Swan ?

Black Swan Will Help You In Not Only Every Step Of Your Business Setup But Also In Continuing Business:

  • Taking the trade name approval.
  • Initial or security approval.
  • Preparing Memorandums.
  • Bank Account assistance.
  • Court Notarisation of memorandums, POA and other documents.
  • License issuance
  • Establishment Card.
  • Visa's
  • Any external approvals if required.
  • Final Submission.

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