DWTC Free Zone

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.

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. However, DWTC stands apart from the pack. It has a mainland license. As a result, businesses can trade in both the free zone and the mainland. It also has a large number of license options.

Characteristics of DWTC

Characteristic Type Characteristic Trait
Company Type Free Zone Company (FZCO)
Governing Body Dubai World Trade Center Authority
Minimum Number of Shareholders 1
Minimum Number 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 Percent Foreign Ownership
Type of Activities Commercial/Service/Industrial/Educational
VAT Percentage 0%
Duty for Import and Export 0%
Duration For Company Formation 4-7 Days
Paid Up Capital No Paid Up Capital
Local Partner Required No

Documents Required

  • Color Passport Copy
  • Visa status copy / Entry stamp copy
  • Passport Size Photo
  • Other documents depending on the business activity

Banking Partners

Advantages of The Free Zone

Repatriation of Capital

Complete Business Ownership

Prudent Location

Profitable Business Opportunities

Permits from Business Operations

Statistics

DWTC is the region's largest venue, holding many of the world's most prestigious events and providing a one-stop-shop for all services, making it advantageous for business setup in DWTC.

Here have a look at the statistical information on DWTC:

Founded in the Year 1979
Population 54,000
Governing Authority Dubai World Trade Centre
Net Economic Value AED 13.1 billion
GDP Contribution to the UAE 3.3%
No. of Visitors 3.03 million
Exhibitions Held 32,000
Job Growth 1.3 million
Engaged Countries 180
No. of Companies 1400
No. of Industries 40
Future Projects ‘The Big 5’

Company Formation in Free zones Ideal for

General Trading Activities

Exhibitions

Events Management

Financial Activities

Registration Process

Complete the Application Form

Complete the Application Form

Submit Your Documents to the Authority

Submit Your Documents to the Authority

Obtain Your License

Obtain Your License

Obtain Your Residency Visa

Obtain Your Residency Visa

Open Your Bank Account

Open Your Bank Account

Terms and Conditions

*Duration is subject to the constraints of the due diligence procedure.

**This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation.

***The required documents must be provided for every individual related to the company.

Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.

Why Choose BSW

If you want to create a business in this city, you'll undoubtedly require a consultant to help you with corporation legislation and company support services. We at Business Setup Worldwide can help you establish a company in the DWTC Authority free zone, one of the fastest-growing marketplaces with a world-class corporate experience. Business Setup Worldwide offers the expertise and resources to assist you in realizing your company setup aspirations without worrying about the red tape, visa applications, documentation, licensing procedures, residency permits, banking data, etc.Contact us for further enquiries.

FAQs

What are business entities allowed in DWTC?

  • Free Zone Establishments (FZE)
  • Free Zone Company (FZC)
  • Branch Office 

How much does it cost for a DWTC company setup?

AED 30,000

Which licenses can a single shareholder hold in DWTC?

  • General Trading License
  • Service License
  • Professional License

Does one have to be physically present during the company formation in DWTC?

No, it is not required.

How long does it take to form a company in DWTC?

7 working days.