Dubai Outsource City (DOC) Free Zone
Dubai Outsource City (DOC) is a free zone introduced in 2007 to cater to the demands of growing outsourcing businesses.
This free zone is designed to support businesses offering Business Process Outsourcing (BPO), HR outsourcing, IT outsourcing, back office, and contact centre operations. This free zone also assists communities in engaging with businesses on a domestic and international level.
Types of Business Entities in DOC
Following are the types of legal entities followed in setting up a business in dubai.
- Free Zone Limited Liability Company (FZ-LLC) - This type of company is ideal for foreign business as it provides complete ownership of the business. This type of business entity also provides various tax benefits to the company.
- Branch of a Foreign Company — This business entity helps establish the legal presence of the foreign company with some restrictions on conducting business.
- Branch of a UAE Company - This type of entity allows the business to extend its services and conduct its operations in a new part of Dubai.
Available Licenses for Companies in Dubai Outsource City
The available business licenses in Dubai are as follows:
Commercial License
This license is ideal for companies involved in trading, buying, and selling of goods.
Service License
This type of license is given to businesses providing professional services such as Consulting, Doctors, etc.
Trade License
This license is issued to businesses involved in industrial and manufacturing activities, such as manufacturing and packaging of goods.
Benefits of Setting up a Business in DOC free zone
The business setup in Dubai comes with the following advantages.
- Exempt from corporate and personal income tax
- 100% foreign ownership
- No currency restrictions
Procedure of Business Setup in DOC Free Zone
Company formation in Dubai can be done quickly by following the following simple steps:
Fill the Application Form
You must fill out an application form for initial approval from the DOC-free zone authority.
Document submission for Company Registration
After getting initial approval, file for business registration with the assistance of the business setup consultants in Dubai.
The documents that need to be submitted for your free zone business setup are:
- Business Plan
- Board Resolution
- Personal Details of the Shareholders
- Passport copies and Signatures of the Directors and Managers
- Proof of Share Capital
- Memorandum and Articles of Association (MOA)
- Registration and License Fee
Submission of a Signed Lease Agreement
Once the documents are submitted, you must submit a signed lease agreement to rent an office and conduct business activities in the free zone.
Obtain a Business License
The next step is to get the license which will allow you to run the company in Dubai.
Pay the Initial Deposit
In the end, you must pay the registration and license fees. To know the pricing, you can get in touch with the business setup consultants in Dubai.
It is advised to seek the assistance of a business consultant such as Business Setup Worldwide (BSW).
BSW is one of the reputed business setup consultancy in Dubai and will assist you with the incorporation process. Contact us for any questions about setting up a business in Dubai.
Frequently Asked Questions
1 shareholder is required.
AED 30,000.
Dubai Development Authority.
More than 120.
