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Business Setup in DWTC (Dubai World Trade Centre) Free Zone

Planning to Start Your Business in DWTC Freezone Today! We will Help You Navigate the Process with Ease and Confidence. Start Your Entrepreneurial Journey Now!

Here are some of the advantages of the DWTC Free Zone:

  • No Corporate Or Income Tax For 50 Years
  • Simplified Incorporation Process
  • Get Quick Assistance
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<span>Business Setup in DWTC (Dubai World Trade Centre) Free Zone</span>

Dubai World Trade Centre (DWTC)

Dubai World Trade Centre (DWTC) was created with multinational enterprises in mind that want to build a presence in Dubai. As a result, they can save money while complying with DWTC's free zone regulations.

Benefits of Starting A Business In DWTC Free Zone

DWTC freezone offers the following benefits to companies:
 

100% foreign ownership

No tax on export

No corporate or income tax for 50 years, with the concession being renewable

No customs duty

No restriction on the repatriation of capital

Simplified incorporation process

Free flow of currency

Stable and clear regulations

One-stop shop for all government services

Simple incorporation process

No restriction on hiring foreign employees

A free zone is a defined location where foreign enterprises can operate without the same limitations that apply to mainland businesses. The goal of a free zone is to allow foreign companies to grow their operations in Dubai. They can then start selling their goods or services in this profitable market.

Characteristics of DWTC Freezone

Characteristic Type Characteristic Trait
Company Type Freezone Company (FZCO)
Governing  Body Dubai World Trade Center Authority
Minimum Number of Shareholders 1
Minimum Numer of Managers 1
Accounting and Book Keeping Requirements No
Renewal Date Annual Date of Incorporation
Corporate Taxation 0%
Visa Type Employment Visa only
Ownership 100% Foreign Ownership
Type of Activities Commercial/Service/Industrial/Educational
VAT Percentage 0%
Duty for Import and Export 0%
Duration For Company Formation 5-7 Days
Paid Up Capital No Paid up Capital
Local Partner Required No

    Activities DWTC Free Zone Is Ideal For

    Below is the list of activities you can involve in the DWTC Free Zone:

    • General Trading Activities
    • Exhibitions
    • Events Management
    • Financial Activities

    Types of Business Licenses Issued by DWTC Free Zone

    One can choose any one of the following business licenses to set up business in the DWTC Free Zone:

    • Service License: The license allows an entity to perform services within the free zone and across the UAE.
       
    • Event License: The license holder can organize meetings, conferences, and exhibitions.
       
    • Trade License: A trade license allows the registered entity to conduct activities related to importing, exporting, distributing, and storing specified products mentioned in the license.

    Types of Business Entities in Dubai World Trade Centre Free Zone

    One can choose any one of the following business entities

    Free Zone Establishment (FZE)

    The entity type can be registered with a single or corporate shareholder.

    Free Zone Company (FZC)

    It is an entity that can be formed with two or more shareholders, who can be individuals or corporate entities.

    Branch Office

    Any company from the UAE or outside can set up a branch office with no minimum capital requirement.

    Services Provided by Dubai World Trade Center Freezone

    Below are the services provided by the Dubai World Trade Center:

    • Registration Services: The authority assists in all company registration processes.
       
    • License Services: The service helps you with license-related issues, including issuance and renewal, amendment, and cancellation.
       
    • Immigration Services: Issuance and renewal of visa.
       
    • General Administration Services: It includes services such as maintenance of the register and issuing a No Objection Certificate (NOC).
       
    • Miscellaneous Services: Besides the mentioned above, a few more services can be availed at the DWTC Authority.
       
      • Notarization and attestation of documents by a registrar
      • Changes in ownership of a business or transfer of shares and share capital
      • Changes to the registration of a business
      • Issuance and renewal of licenses and business permits
      • Issuance/renewal of visas and entry permits

    Documents Required to Set Up a Business in DWTC Free Zone

    Passport copy

    Visa /Entry permit Copy

    Director/Shareholder passport photos

    Additional documents depending upon business activity

    Memorandum of Association (For Branch)

    Certified Copy of Incorporation Certificate (For Branch)

    Good standing certificate (For Branch)



    Why Choose Gryffin Capitalist?

    To ease the process of your business setup in the DWTC free zone, you'll require a consultant to help you with the incorporation process. Gryffin Capitalist can be your one-stop solution, which can help you establish a company in the DWTC free zone, one of the fastest-growing marketplaces with a world-class corporate experience.

    We have the expertise and resources to help you with company setup without worrying about red tape, visa applications, documentation, licensing procedures, residency permits, banking data, etc. Please contact us if you have any further questions.

    Quality Professionalism

    High Confidentiality

    Strong belief in long-term client relationships

    Competitive Market Pricing

    Global Footprint

    Efficient and Transparent Process

    Frequently Asked Questions (FAQs)

    1) Free Zone Establishments (FZE) 2) Free Zone Company (FZC) 3) Branch Office

    1) General Trading License 2) Service License 3) Professional License

    No, it is not required.

    5-7 working days.