07 Jul Company formation in Dubai South
Establishing companies in Dubai South Investing in the future Thanks to the advantages that accrue to investors and entrepreneurs, the Dubai South Free Zone was designed as an integrated economic environment that supports various types of industries and businesses.
The Dubai South Free Zone is suitable for all sizes of startups, small and medium companies, and provides all integrated solutions and services to suit different capitals.
It is expected that the Dubai South Free Zone will soon include up to one million people, and the region will provide more than 500 job opportunities on its land. Where the free zone becomes Dubai South by establishing projects and housing, thanks to the availability of all modern services and facilities that suit the needs of work and living.
Procedures for establishing companies in Dubai South
Establishing companies in Dubai South requires taking a set of legal steps and procedures to obtain a trade license that gives the right to start working officially. We discuss the legal procedures for establishing a company in Dubai South in the following points:
- First, to establish companies in Dubai South, it is necessary to determine the nature of the commercial activity Which the company will work with, as the activity that the company will practice shows several basic steps, such as the legal form and the type of commercial license. The economic activities in Dubai South vary, such as: Commercial activity, service activity or industrial activity.
- Secondly, to establish companies in Dubai South, the legal form of the company must be determined There are many legal forms such as: limited liability companies, Solidarity companies, public joint stock companies, Private joint stock companies and others.
- Third, choose the trade name that reflects the economic activity of the company, and that it matches the conditions and regulations, and it is registered with the competent authority in the Department of Economic Development in Dubai.
- Fourth: In order to establish companies in Dubai South, it is necessary to obtain the initial approval from the concerned authorities in order to complete the rest of the legal procedures.
- Fifth: To establish companies in Dubai South, the company’s headquarters must be chosen , and a lease contract must be submitted for the work office, documented by the competent authority.
- Sixth: To establish companies in Dubai South , additional approvals must be obtained from the concerned authorities Company activities such as: Ministry of Health, The Ministry of Economy, Ministry of Foreign Affairs, Ministry of Justice and Civil Defense.
- Finally, to establish companies in Dubai South, obtain the trade license for the activity after attaching all the required documents to the Department of Economic Development and paying the trade license fees.
Advantages of establishing companies in Dubai South
The Dubai South Free Zone is an investment city equipped to embrace various types of businesses and provide job opportunities and include all services to make it an integrated economic environment.
The city of Dubai South extends over an area of about 145 km. It includes the logistics services that make it a suitable area for establishing projects.
Here are the advantages that the Dubai South region enjoys, which accrue to the investor with many benefits:
- The Dubai South Free Zone includes Al Maktoum International Airport and is close to Jebel Ali Port.
- The Dubai South Free Zone hosts exhibitions and events such as the World Expo.
- The Dubai South Free Zone supports various vital economic activities.
- Suitable for the establishment of various sizes of startups, small and medium companies.
- The government in Dubai South provides all integrated solutions and services to investors.
- Dubai South Free Zone includes offices and storage warehouses.
- Full tax exemptions for 5 years on corporate and personal income for individuals.
- Developed infrastructure suitable for the establishment of the largest economic activities.
Costs of setting up companies in Dubai South
The costs of establishing companies in Dubai South vary, and the cost varies according to several factors such as the type of trade license, the office space of the workplace, the number of expatriate employees to work, and many costs that we review in the following points:
- Fees for the costs of obtaining a commercial license in the Dubai South Free Zone. The costs vary according to the type of commercial license.
- The cost of the office space needed as the company’s workplace, which is an annual purchase or rental cost.
- The costs of decoration and furniture necessary to equip the company with the appropriate furniture and equipment necessary for the work.
- The costs of visas required to sponsor expatriate employees to work under the company’s name.
- Fees for opening a bank account in a Dubai bank and depositing the required minimum capital.
- The costs of the legal forms of companies vary between commercial, industrial and service.
business sectors in Dubai South
The Dubai South Free Zone supports many business sectors and vital economic activities. Examples of active sectors in the Dubai South Free Zone are the following:
logistics
Logistics services are one of the vital and important types of services for establishing a company in Dubai South, thanks to its strategic location, which represents 14% of the GDP in Dubai.
E-Commerce
E-commerce is considered one of the active services in the city of Dubai South, thanks to the region’s strong storage capacity and logistical network.
aviation sector
The city of Dubai South includes Al Maktoum International Airport, and the state is working to establish international airports and significantly develop the aviation sector.
Company formation in Dubai South
Investing and establishing companies in Dubai South requires an expert in the field of investment to be familiar with all the rules and regulations in the city, which works to save time and effort in addition to reducing costs as much as possible and not wasting money.
We are here to help you without any effort from you. Just contact our team and you will get all the services you need to establish companies in Dubai. Examples of our services:
- We undertake all procedures for establishing companies in Dubai South as quickly as possible, at the lowest costs and with the highest efficiency.
- We provide distinguished services to help many investors and entrepreneurs enter the investment market and establish companies in the Dubai South region.
- Completion and receipt of all necessary commercial licenses, payment of fees and submission of the required documents to the competent authorities in Dubai South.
- Providing the necessary legal advice by the most qualified consultants in order to establish investment projects in Dubai South without any obstacles.
- Providing practical solutions appropriate to the nature of the various economic activities to be established in the Dubai South region by the most skilled employees.
- We provide technical support to serve our customers and answer all inquiries 24 hours a day, 7 days a week.
- Providing our clients with the necessary offices for rent to establish projects and establish companies in the Dubai South region.
- We have years of experience and a group of experts and legal advisors to carry out all necessary procedures.
- Providing distinctive and unique offers to reduce the cost of establishing companies in Dubai South as much as possible, according to the investor’s budget.
- Providing offices and warehouses for rent in various sizes according to business needs in Dubai South.
In this article, we discussed the procedures for establishing companies in Dubai South, and presented the advantages that accrue to investors and entrepreneurs when investing in the Dubai South free zone, the necessary costs, in addition to the most famous active sectors and services in the region. We also provide you with an integrated set of services for investment and company establishment in Dubai South from A to Z.
Contact our team now and get legal advice in order to take steady and confident steps in the field of investment in Dubai and free zones.
Contact us today and get a free consultation to implement all your business plans!