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Company formation in Dubai South

Company formation in Dubai South

Company formation in Dubai South

Dubai South is one of the most prominent investment destinations in the UAE, combining economic advantages with advanced infrastructure, making it an ideal choice for establishing a company in Dubai South. This area has been developed to be an integrated commercial hub, contributing to enhancing economic growth and providing diverse opportunities for investors from various sectors.

Establishing a company in Dubai South provides investors with access to many benefits, such as 100% ownership, tax exemptions, and simple and quick establishment procedures. These benefits attract both local and international entrepreneurs, contributing to the diversification of the UAE economy and increasing foreign investment. Moreover, Dubai South enjoys a strategic location near Al Maktoum International Airport, facilitating the movement of goods and commodities and contributing to enhancing business operations.

The area contains modern logistics facilities, commercial centers, and office spaces, creating an ideal environment for business growth. Dubai South is also an ideal destination for companies in various fields, from trade and logistics to technology and innovation.

Establishing a company in Dubai South is not just a step towards achieving profits, but rather an investment in a sustainable future. With the UAE government supporting innovation and entrepreneurship, investors can take advantage of all that this dynamic region has to offer. In this article, we will review the basic steps and procedures required to establish a company in Dubai South, focusing on the opportunities available and the challenges that investors may face.

Company formation in Dubai South
Company formation in Dubai South

Conditions for establishing a company in Dubai South

Establishing a company in Dubai South requires compliance with a set of conditions and procedures. Here is a list of the basic conditions that may be required to establish a company in Dubai South:

Company type: Select the appropriate type of company for the proposed business activity, such as a limited liability company (LLC) or a sole proprietorship.
Nominal capital: Determine the nominal capital required to establish and dispose of the company, according to the requirements of the area.
Company activity: Accurately define the company’s activity and ensure its compliance with the licenses and regulations in Dubai South.
Required papers and documents: Submit the required documents such as copies of passports and personal photos of shareholders and directors.
Company contracts: Prepare and submit company contracts and other legal documents in accordance with the requirements of Dubai South.
Work licenses: Obtain the necessary licenses from the relevant authorities in Dubai South.
Commercial address: Provide a valid commercial address in Dubai South to officially register the company.
Tax compliance: Register and comply with all relevant tax controls and tax regulations.
Foreign contribution: If there is a foreign contribution, the laws and conditions specified for foreign contribution must be complied with.

Dubai South Company Formation Fees

The company formation fees in Dubai include several main components that may vary depending on the type of company and its business activity. These fees include:

Company registration fees: These are charged when submitting an application to establish and officially register the company.

Commercial license fees: Companies need to obtain a commercial license, which requires the payment of specific fees based on the type of business activity.

Insurance fees: Some companies may require special insurance, which may require additional fees.

Office fees: These may include fees associated with office rent, whether virtual or physical offices.
Additional service fees: These may include fees for registering with chambers of commerce, and the costs of licenses for specialized activities.
License renewal fees: The commercial license must be renewed annually, which requires the payment of additional fees.

Itqan Company Services for Establishing a Company in Dubai South

Itqan Company provides a comprehensive range of services to facilitate the process of establishing companies in Dubai South, which contributes to accelerating procedures and ensuring compliance with all legal requirements. Here are the most prominent services provided by Itqan:

Commercial Consulting: Etqan provides specialized consultations to help you determine the appropriate type of company and its activity, based on your business goals.
Incorporation Procedures: The company helps in completing all company registration procedures, including preparing the necessary documents and submitting applications to the relevant authorities.
Obtaining a Commercial License: Etqan handles the procedures for obtaining the commercial license required to operate the company in Dubai South.
Trademark Registration Services: Helps in registering your company’s trademark, which provides legal protection for your company’s name and logo.
Office Insurance: Itqan provides various office options, including virtual and physical offices, to ensure that your customers’ needs are met.
Special Licenses: Helps in obtaining the necessary licenses for private commercial activities, such as professional or industrial activities.
Administrative Support Services: Etqan provides integrated administrative support services, including account management, financial reporting, and logistical support.
License and Permit Renewal: Assists in renewing commercial licenses and permits annually, ensuring that the company continues to operate legally.

Legal Support: The company provides specialized legal advice to ensure compliance with all local laws and regulations.

Financing Facilities: Itqan provides information on financing options available to support the growth and expansion of companies.

In conclusion, Dubai South is one of the most attractive investment destinations for investors and businessmen looking to establish their companies. With advanced infrastructure and integrated logistics facilities, Dubai South offers an ideal environment that supports growth and innovation. The strategic direction of this region, which focuses on promoting trade and the logistics sector, makes it an ideal starting point for any business.

Dubai South has unique advantages, such as 100% company ownership, which gives investors complete control over their projects. In addition, the free zone provides many tax exemptions, which enhances profitability and contributes to reducing operating costs. The ease of establishment procedures and the speed of obtaining licenses are also key elements that make Dubai South a preferred choice.

On the other hand, Dubai South’s strategic location near Al Maktoum International Airport and Jebel Ali Port facilitates transportation and shipping operations, enhancing companies’ competitiveness and allowing them to access new markets. This in turn contributes to achieving growth and expansion goals.

Moreover, the UAE government is committed to providing a safe and attractive investment environment, with continuous support for investors by providing the necessary information and resources to facilitate the establishment process. With the increasing interest in Dubai South as an investment destination, it is expected to continue to grow and develop.

Based on the above, establishing a company in Dubai is a strategic step that opens new horizons for success and prosperity in the business world, making it an ideal choice for ambitious investors.

The most important frequently asked questions about establishing a company in Dubai South

What is Dubai South?
Dubai South is a free zone located in Dubai, aiming to promote trade and the logistics sector, and provides an ideal environment for establishing businesses.

What are the documents required to establish a company in Dubai South?
Documents include the establishment application form, copies of passports, a business plan, a personal photo, and an office lease contract.

What types of companies can be established in Dubai South?
Limited Liability Companies, Sole Proprietorships, and various business activities can be established.

How long does it take to establish a company in Dubai South?
The time depends on the efficiency of completing the documents and procedures, and usually the establishment can be completed within days to a week.