Dubai Creative Clusters Authority (DCCA) Free Zone
Dubai Technology and Media Free Zone Authority (DTMFZA) was renamed as Dubai Creative
Major Objectives of DCCA Free Zone
Dubai Creative Clusters Authority (DCCA) has introduced seven strategic objectives to promote business growth.
- Foster a thriving creative community
- Develop business-friendly regulations
- Enhance the size and skills of the creative talent pool
- Promote entrepreneurship, SMEs, and innovation
- Encourage dynamic industry ecosystems
- Deliver high-quality research, insights, and analysis
- Optimize organizational effectiveness
Benefits of Setting Up a Business in DCCA
Setting up a business in Dubai provides the following advantages.
- 100% foreign ownership
- Exemption from corporate tax and customs duty
- 100% repatriation of capital and profits
- Easy access to high-end residential accommodation
- Strategic location
Types of Business Entities in DCCA
While opting for company formation in Dubai, one must be aware of the following business entities, as each has its own set of benefits. The entities are:
- Free Zone Limited Liability Company
- Branch of a Foreign Company
- Branch of a UAE Company
- Freelancing
How to Set Up a Business in DCCA?
While setting up a business in Dubai, the following are the steps which need to be followed:
Submit an Application for Approval
The primary thing to be considered while setting up a business in Dubai is to fill out an application form and submit it for approval. The business setup consultants in Dubai will help you out with this process.
Submit the Legal Documents for Company Registration
After submitting the application form, check with the business setup consultants in Dubai to get information about the documents required for the company formation in Dubai. The general documents are:
- Personal details of the shareholder
- Passport copies of the shareholder, manager, and director
- Business plan
- Company incorporation certificate
- No objection certificate (NOC)
- Memorandum and Articles of Association (MAA)
- A Bank reference letter of the shareholder
- Resolution for the incorporation
- Proof of share capital
Make the Required Payment
After submitting the above-mentioned documents, pay the necessary fees to continue with your business setup in Dubai.
Sign and Collect the Company Registration Certificate
Once all payments are made, you can obtain your company registration certificate, which will prove that the business is legally established in Dubai.
If you want to set up your business in any of the free zones in Dubai, contact Business Setup Worldwide. We commit to taking care of all the hurdles lying in your way while forming your business and will be more than happy to assist you. Feel free to contact us.
