Dubai World Central is one of the most prominent free zones in Dubai, and it represents a strategic gateway for establishing companies seeking to benefit from its unique location and advanced infrastructure. Located in the heart of Dubai, this area provides an ideal environment for companies aspiring to expand into global markets, thanks to its proximity to Al Maktoum International Airport, one of the largest cargo airports in the world.
Establishing a company in Dubai World Central represents a unique investment opportunity for many international businessmen and investors. The free zone offers a wide range of benefits that include comprehensive tax exemptions, 100% foreign ownership of companies, and advanced customs facilities. In addition, Dubai World Central provides advanced infrastructure that includes modern warehouses and logistics facilities, making it the ideal choice for companies that rely on global shipping and distribution operations.
Establishing a company in Dubai World Central requires following specific steps that begin with choosing the appropriate type of company, preparing the necessary documents, and submitting a license application to the authority supervising the free zone. These steps provide an opportunity for investors to benefit from the government support and special benefits offered by the region.
With its dynamic economic environment and pioneering facilities, Dubai World Central provides an ideal platform for business growth and strategic objectives on a global scale. Setting up a company in this free zone enhances the ability of companies to expand and achieve success in new markets, making it an attractive option for investors seeking to exploit global opportunities.
Establishing a company in the Dubai World Central area requires following a set of basic steps to ensure the success of the process and meet the legal and administrative requirements. Here are the steps to establish a company in this free zone:
1- Choosing the type of business activity: Determine the type of business activity you wish to practice. Make sure that it is in line with the activities permitted in the Dubai World Central area.
2- Choosing the legal entity: Determine the type of legal entity for your company, such as a limited liability company (LLC), a branch of a foreign company, or a private joint stock company. The choice of entity depends on the nature of the activity and the size of the company.
3- Choosing the company name: Choose a trade name for your company that complies with the applicable regulations and laws. Make sure that the name is not similar to the names of other companies and is approved by the supervisory authority.
4- Submitting a license application: Submit an application for a commercial license from the supervisory authority of the Dubai World Central area. The application includes submitting the required documents and paying the prescribed fees.
5- Opening a bank account: After obtaining the license, open a commercial bank account in the name of the company. You will need to submit the company documents to the bank.
6- Obtaining Visas: Apply for work and residence visas for founders and employees. Visa applications must be submitted to the Department of Residency and Foreigners Affairs or the competent authority in the free zone.
7- Ensure your compliance with regulations: Ensure that your company complies with all local laws and regulations, including taxes and other requirements related to the business.
8- Insurance: Purchase the necessary insurance such as property insurance and liability insurance, as well as health insurance for employees if required.
9- Register your company with the relevant government agencies such as the Dubai Chamber of Commerce and Industry to ensure that you comply with all local laws and regulations.
Dubai World Central Free Zone Company Formation Fees
– Establishing a company in Dubai World Central requires a set of fees that depend on several factors such as the type of company, its size, and the activity it carries out. Here is an overview of the fees associated with the incorporation process:
– Licensing and registration fees: These fees relate to obtaining a trade license and official registration of the company. The costs involved include submitting the license application and paying the associated f
– Office or commercial space rental fees: Companies are required to rent an office or commercial space in the free zone. The fees vary based on the size of the space and its location within the free zone.
– Legal and administrative consulting fees: These include the costs of obtaining legal and administrative consultations to prepare the necessary documents such as the articles of association and ensuring compliance with legal requirements.
– Bank account opening costs: These include fees related to opening a commercial bank account, which may require an initial deposit in addition to the account opening fees.
– Work and residence visa costs: These include fees related to issuing work and residence visas for founders and employees. These costs include the application procedures and necessary permits.
– Insurance fees: The costs depend on the type of insurance required, such as property insurance, liability insurance, or health insurance for employees.
– Additional Permit Fees: Some activities may require additional permits or licenses, which may require special fees depending on the type of activity and its requirements.
– Additional Service Fees: You may need to pay fees for additional services such as translation services, document certification, or any other support services.
Advantages of Establishing a Company in the Dubai World Central Free Zone
Establishing a company in the Dubai World Central area comes with a range of advantages that make it an attractive option for investors and companies. Here are the most prominent of these advantages:
Excellent strategic location: Dubai World Central is located near Al Maktoum International Airport, which is one of the largest airports in the world, facilitating access to global markets and providing advanced logistical links.
Attractive tax exemptions: Companies established in the free zone benefit from tax exemptions that include no taxes on profits or income, which helps improve profit margins and reduce costs.
Full foreign ownership: Foreign investors can own 100% of the company without the need for a local partner, giving them complete control over operations and management.
Flexible Administrative Facilities: The free zone offers simplified and fast registration and establishment procedures, reducing the time and effort required to start a business.
Advanced Infrastructure: Dubai World Central offers a modern infrastructure that includes offices, warehouses, and advanced logistics facilities, which supports business operations effectively and enhances productivity.
Comprehensive Support Services: The free zone offers a variety of support services including legal advice, banking services, and administrative facilities, which help companies manage their operations effectively.
Easy Access to Global Markets: Thanks to its strategic location, the free zone provides easy access to the markets of the Middle East, Africa, Asia, and Europe, which enhances the ability to expand and grow internationally.
Work and Residence Visas: The free zone provides facilities for obtaining work and residence visas for employees, which contributes to attracting global talent and developing the work team.
Stimulating Work Environment: The zone provides an advanced and stimulating business environment, which encourages innovation and development, making it an attractive place for start-ups and large corporations.
Flexible Space Options: The free zone offers a variety of office and warehouse space options that can be customized according to the company’s needs, providing flexibility in expansion operations.
At the end of our article on establishing a company in Dubai World Central, it is clear that this free zone offers an exceptional business environment that combines strategic advantages and distinguished services that contribute to the success of businesses. Thanks to its pivotal location near Al Maktoum International Airport, Dubai World Central is an ideal starting point for companies seeking to reach global markets efficiently and quickly.
Establishing a company in Dubai World Central provides investors with many benefits, including comprehensive tax exemptions, ease of administrative procedures, and complete flexibility in company ownership. The free zone also provides advanced infrastructure and advanced logistics facilities that support various commercial activities, which contributes to enhancing business growth and expansion.
The steps for establishing include determining the appropriate type of company, preparing the necessary documents, and submitting a license application to the supervisory authority. It is also necessary to choose the company name carefully and ensure that it complies with local laws. After obtaining the license, companies must open a bank account and prepare the necessary facilities, in addition to obtaining work and residence visas for employees.
By taking advantage of the advantages provided by Dubai World Central, investors can achieve their business goals with great effectiveness. Investors’ commitment to the right procedures and choosing the right free zone can have a significant positive impact on their success and expansion in the global market. By following the required steps and taking advantage of the available support, your company can achieve success in one of the most vibrant free zones in Dubai.
Top FAQs about setting up a company in Dubai World Central Free Zone
What is Dubai World Central?
Dubai World Central is a free zone located near Al Maktoum International Airport, and provides an advanced business environment that includes logistics facilities, offices, and commercial spaces to support various business activities.
Can foreigners fully own a company in Dubai World Central?
Yes, foreign investors can own 100% of the company without the need for a local partner, which gives them complete control over business operations.
What are the documents required to set up a company in Dubai World Central?
The required documents include the passports of the founders, the articles of association, the lease contract for the office or commercial space, and personal photos of the founders and directors.
How long does it take to set up a company in Dubai World Central?
The incorporation process usually takes from several weeks to several months, depending on the speed of submitting the documents and completing the procedures.
Can the company’s activity be modified after incorporation?
Yes, the company’s activity can be modified after incorporation, but this requires submitting an amendment request to the relevant authorities and updating the commercial license to match the new activity.
