Dubai South Free Zone (name changed from Dubai World Central) is an economic zone around Al Maktoum International Airport. Acknowledged as one of the most pioneering infrastructural projects in the world, the 140-square kilometre free zone, located near the Jebel Ali Sea Port, supports exceptional variegated capabilities that enable a multitude of activities including aviation, logistics, trade, exhibition, and leisure-related businesses.
Dubai South Free Zone is one of the fast-phasing business hubs developed by the Government of Dubai. Dubai South is an economic platform for growth of logistics, light industry, aviation and support services. The main aim of this free zone is to make Dubai a hub of trade and commerce and aviation.
Launched as the dream project of Dubai government in the year of 2006, Dubai South Free Zone is located next to the Jebel Ali Sea Port and closely connected to Business Park, Aviation District, Commercial District, Golf District, Humanitarian District, Residential District, and Exhibition District. Dubai South Free Zone is minutes away from Al Maktoum International Airport, which provides convenient logistics and shipments around the Middle East, GCC, and the rest of the world.
Dubai South Free Zone has been designed to support all types of business activities and create half a million jobs in the region. Currently, Dubai South is setting up to host landmark events such as World Expo 2020 and Dubai Airshow, which presents ample opportunities for investors to set up their business in Dubai World Central.
Why Set Up Your Business in Dubai South Zone?
Dubai South Free Zone emphasizes on the growth of logistics and aviation industries, providing many incentives and state-of-the-art infrastructure. Here are the few advantages of registering your business in this Dubai free zone.
Benefits of Setting Up a Business in Dubai South Free Zone
- Zero personal and corporate tax
- Provision of 100% foreign ownership
- Easy access to Al Maktoum International Airport
- Simple commercial lease terms
- Pre-furnished offices and desks for start-ups and SMEs
- 100% repatriation of capital and profits
- Minimum requirement of documents
- Negligible customs duty
- A wide range of business activities
- Free flow of currency
- One-stop shop for all government services
- Flexibility in lease terms
- Strategic geographical location
- Visas with flexi-desk options
Types of Licenses in Dubai South Free Zone
1. Trading and General Trading Licenses
These licenses are used for import, export, and store and distribute the specific products which are mentioned in the license. Import and export of certain products are prohibited under UAE government.
2. Industrial License
Such a licence allows the operation of light manufacturing activities done using hand labour or quiet machinery such that said activity does not produce waste products by way of smoke, fumes, light, heat or any other undesirable by-products. Moreover, an industrial licence is issued provided Environmental Impact Assessment surveys have been done comprehensively.
3. Service License
A service licence covers activities like training and consulting. The businessperson may carry out the activity specified in the licence within the Dubai South Free Zone, permissible at other places in the UAE only by obtaining additional local licences in some jurisdictions.
4. Logistics License
A logistics licence allows logistics services like transportation, storage, assembling, sorting, inventory management, forwarding, clearing, etc.
5. Education License
Any business which is into education or consultancy services can get an education licence to start their company in the UAE.
Business Activities Allowed in Dubai South Free Zone
Dubai South Free Zone is a multi-purpose free zone allowing a wide range of business sectors to set up business in Dubai. The list of activities includes:
- Health and social work
- Transport and storage
- Other personal care services
- Trading and repairing
How to Set Up a Business in Dubai South Free Zone?
Dubai South Free Zone is one of the most cost-effective free zones with the best inbuilt logistic facilities. So, it is the perfect destination for trade and logistics companies. Business setup process in this free zone is similar to the other free zones in Dubai, but the list of the document varies.
Procedure to Set Up a Business in Dubai South Free Zone
- Submit an application form and legal documents to the free zone authority for initial approval
- You must get a name and activity approval
- Once the documents are approved, you’d need to pay an invoice of a certain amount, and get the license [license fee varies between AED 3,000 to 7,000)
- Sign the approval form to collect your company registration certificate and license. Also, collect lease agreement if you are renting an office
Documents Required to Set Up a Business in Dubai South Free Zone
For a Branch
- Attested and notarized documents must be in English/Arabic language
- Notarized, attested and legalized Certificate of Incorporation
- Memorandum and Article of Association of existing company (attested, notarized and legalized)
- Signed board resolution to establish a branch
For a Limited Liability Company (LLC)
A Limited Liability Company can have an individual shareholder or a corporate shareholder.
|Individual Shareholder||Corporate Shareholder|
|Passport copy of shareholder(s)/Secretary/Director(s)||Attested and notarized documents in English or Arabic language|
|Legal documents required for registration||Notarized, attested and legalized Incorporation Certificate|
|Memorandum and Articles of Association (MAA)||Board resolution|
|Board resolution giving power of attorney to the third party|
|Certificate of good standing or equivalent (notarized, attested and legalized)|
|Passport copies of Secretary/Manager/Director|
Dubai South Free Zone is an innovative and fast developing free zone making room for many logistic and trade companies. With its friendly and simplified business register procedures, Dubai South is striving hard to make Dubai as a logistics hub. Further, Dubai South Free Zone is hosting a historical event Expo-2020 and Dubai Airshow. So, it is safe to say Dubai South Free zone is an ideal place for any kind of growth-oriented investors to register or expand their business in Dubai. If you are new to UAE or free zone, it is advised to take necessary help from business consultancy which will guide you in all the procedures related to your business setup.
Business Setup Worldwide is a business advisory firm that provides expert guidance on starting a new venture in any part of the world. We help our clients identify new business opportunities, understand legal procedures, network with local authorities, and identify the right type of free zone to suit the business model. As different options are available for company formation, it is crucial to have the right kind of business knowledge in the business environment of Dubai. We at Business Setup Worldwide save your time as we take care of the lengthy procedures and guide you step by step throughout the process.
Plan your venture in the most creative and innovative free zone of Dubai as it is providing ample business opportunities and incentives. So, make use of all the advantages and contact us with your dream business plan – we’ll will be happy to assist.