Dubai South - Dubai World Central (DWC)
Setting up a DWC Free Zone company
- 100% foreign ownership
- 100% repatriation of capital and profits allowed
- No personal income tax
- No corporate tax
- Flexible office solutions such as serviced desks / offices
- Competitive governmental prices on incorporation and visa
- Entitled to Tax Residency Certificate
- No public disclosure of information
- Fast incorporation process
- Local trusted partner
About Dubai World Central Free Zone
- Time to Incorporate- 4-7 working days
- Tax Rate VAT at 5%
- Shareholders 1- 3 for companies with shared desk or shared office and 1- 6 for companies with permanent office
- Residency Requirements – Yes, for Manager only Share Capital AED 300,000
- Audit Requirement – Yes, must be filed with Registrar at time of license renewal
- Director 1-3 for companies with shared desk or shared office and 1-6 for companies with permanent office
- Limited liability company as a newly formed entity with single or multiple shareholders
- Limited liability company as a wholly owned subsidiary of local or foreign company
- Branch of local or foreign company
DWC Free Zone Company Licence Categories
We set-out below the different types of licences available in DWC Free Zone ( *click on the cross icon for more details )
Allows the holder to carry out specified commercial services including general trading and logistics services
Allows the holder to carry out services specified in the License within the DWC Free Zone and elsewhere in the UAE
Allows the holder to carry out specified light manufacturing activities
Allows the holder to carry out educational and social services, educational aid training, and educational consultancy services
Dubai World Central Free Zone Company Formation
How Freemont Oneworld Group Can Assist you:
Freemont Oneworld Group has its in house legal team specialized in company set up matters shall assess your individual circumstances to recommend you the most cost efficient company set up option with right type of company license with DWC Free Zone. We provide pin to piano corporate solutions for our client to achieve your business object by registering a UAE company. Our dedicated team with legal background and vast experience has succeeded in setting up hundreds of companies in UAE.
Please get in touch with us today to know more. Our team of experts can offer most appropriate solutions based on assessment of your individual circumstances and objectives.
Our expert advisors will assist you from the very beginning of the process so that you have complete ease of mind. We take care of all operations and aspects of the DWC Free Zone company setup process, ensuring a fast and reliable service at all times.
Frequently Asked Questions (FAQs)
What are the types of activities can be licenced in DWC?
DWC is able to license most of the activities that are allowed by the Dubai Department of Economic Development.
How many activities can i have under one DWC license?
A Free Zone enterprise can have up to 5 related activities in the DWC Business Centre and up to 10 related activities in the Aviation District and Logistic District. A trading activity and a service activity cannot be issued under the same license.
Can I carry out business activities outside of the DWC free zone with my DWC license?
Yes, in limited cases. For example, a company with a service license could provide consultancy services to clients outside of the DWC Free Zone and a company providing logistics services under a commercial license could pick up and deliver (but not sell) products within the UAE. However, trading activities under a commercial license only permit the holder to sell completed products in the UAE market through a local registered distributor or a commercial agent in the UAE.
A DWC Free Zone Company may apply for shareholder and/or employee residence visas after receiving its license. The residence permit is valid for three years for the shareholders and for two years for employees. The number of visas that may be applied for by the company depends on the size of the office (one visa per 9 sq. m.). A Flexi Office package offers up to two residence visas.
DUBAI SOUTH FREE ZONE (DWC) COMPANIES – BUSINESS ACTIVITIES OUTSIDE FREE ZONE
Dubai South Free Zone previous known as DWC Free Zone is an emerging 145-sq.km master-planned city located near to Al Maktoum International Airport and Jebel Ali Port – Dubai.
Dubai South is centered on the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The royal vision is reflected in the themes of Dubai Plan 2021, which apply to Dubai South as follows:
– To become a city of happy, creative and empowered people.
– To become the preferred place to live, work and invest.
– To create an inclusive and cohesive society.
– To build a smart and sustainable city.
– To become a pivotal hub in the global economy.
Dubai South Free Zone (DWC) is able to license most of the activities that are allowed by the Dubai Department of Economic Development. DWC Free Zone authority provide Commercial and Service license to the Companies but such license will allow the entities to do business activities within the free zone area.
However, a company with a service license could provide consultancy services to clients outside of the DWC Free Zone and a company providing logistics services under a commercial license could pick up and deliver (but not sell) products within the UAE.
DWC Companies carrying out trading activities under a commercial license are permitted to sell completed products in the UAE market through a local registered distributor or a commercial agent in the UAE. Different restrictions apply on different license categories and an expert advice is necessary to choose right kind of activities on license. We advise our client on this strictly as per the DWC Free Zone and Administration Rules and Regulations.
About Freemont Oneworld Group
Freemont operates in Dubai since 2006 and we are located in own offices in Business Bay, a prime business location in Dubai. In 2019 Freemont merged with Oneworld Mideast Ltd., forming the Freemont Oneworld Group. We are a boutique firm providing niche services to clients which include corporate and trust, global compliance, tax and legal, business advisory, financial advisory and family offices.
We provide our clients the whole spectrum of corporate structures – offshore, international business, free zone, mainland and specialized entities – depending on each client’s needs.
We are an innovative global business provider and we offer an in depth knowledge and experience to our clients.
Freemont Oneworld Group
Level 18, Office 1812
Al Abraj South Street
Business Bay, PO Box 333641
T +971 444 57 900
F +971 444 57 901