Dubai South
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Benefits of Establishing Your Business in Dubai South
In addition to its unparalleled connectivity, here are several advantages that both local and international entrepreneurs can experience when setting up a company in Dubai South.
Some of these include:
Prime Location
- Located between Dubai and Abu Dhabi.
- Direct access to the Jebel Ali Sea Port, the largest airport in the region, and the Al Maktoum Airport, poised to become the world’s largest airport upon completion.
Business-friendly Policies
- 100% ownership for foreign companies
- No limits on capital repatriation
- No currency restrictions
- No personal income tax
- Flexible terms for commercial leases
- 9% corporate income tax (where applicable)
- A standard 5% VAT rate
Diverse Business Options
- Dubai South includes seven distinct districts for business establishment: Residential District, Commercial District, Logistics District, Aviation District, Humanitarian District, Golf District, and Dubai South Exhibition City.
Support Services
- Dubai South is among the free zones offering top-tier customer service, along with streamlined business setup and operational processes for companies.
- Entrepreneurs can select from various options such as small workspaces, co-working spaces, and warehousing facilities for starting a business in Dubai South.
Cost of Starting Your Business in Dubai South
The initial cost for setting up a business in the Dubai South free zone typically begins at AED 29,900. This amount covers the registration fee, license fee, flexi-desk arrangement, and establishment card. However, Vip Zone’s business package offers a comprehensive solution, including office spaces, visa assistance, and other essential fees for company incorporation.
Vip Zone's business package includes:
- Business License and Office Space
- The flexibility to operate within the jurisdiction
- A Dedicated Account Management Team
- An interest-free monthly installment plan of AED 3,250 (available through RAKBANK, Dubai Islamic Bank, Mashreq, and Emirates NBD)
- Option to pay with cryptocurrency
Explore Monthly Payment Plans with Selected Banks
Transform your payments into manageable and budget-friendly monthly installments through our chosen banking partners. Simply spend a minimum of AED 1,000 on your credit card from any of our associated banks and opt to repay in comfortable installments over a 12-month period.
Steps
1. Initiate a minimum purchase of AED 1,000 with your credit card for any service offered by Vip Zone.
2. Contact the banking services of any of our partner banks and request to convert your transaction into an Easy Payment Plan.
3. Choose to pay over 3, 6, 9, or 12 months
* Standard terms and conditions of the banks will apply.
Types of Licenses Offered in Dubai South
Dubai South Offers a Diverse Range of Business Licenses:
Issued to businesses engaging in general trading and light manufacturing activities, such as blending, mixing, purifying, assembling, forming, repacking, or wrapping of products.
Permits companies to provide aviation-related services.
Awarded to businesses involved in importing, exporting, and distributing goods within the UAE. These companies can also sell goods domestically through a local distributor.
Enables companies to engage in specific logistics activities, including storage, transportation, distribution, sorting, forwarding and clearing, order management, and inventory management.
Granted to companies that offer the services specified in the license.
Authorizes companies to provide educational and social services, educational training, and educational consultancy services.
General Documents Required for Company Setup in Dubai South
- Copy of passport
- Copy of UAE entry stamp or visa
- Phone number
- Email address
- Residential and correspondence address
- Shareholding ratio
- Company name
Steps in Setting Up Your Business in Dubai South
Setting up a company in Dubai South is a straightforward process, and consulting with Vip Zone can help streamline and economize the time and cost involved in company formation.
Here are the general steps to establish your company in Dubai South:
1. Choose a Legal Form for Your Business
The initial step in establishing a business in Dubai South is selecting a legal form for your company, which can be either a Limited Liability Company (LLC) or a branch company. Each type has specific requirements, benefits, and drawbacks, so it’s crucial to make an informed decision. You should also define your business activities to determine the appropriate type of trade license.
2. Prepare the Articles of Association (AOA) and Memorandum of Association (MOA)
AOAs and MOAs are essential documents that need to be prepared and notarized through a legal entity. Depending on your business type, additional requirements might be necessary based on the business license.
3. Certificate of Registration
After submitting all necessary documents, you will receive a Certificate of Registration, enabling you to open a bank account. This certificate is typically issued within 7-14 days following the application.
4. Secure an Office Space
With your business registered and licensed, the next step is to secure office space in Dubai South, either through leasing or building.
5. Open a Bank Account
Once you have all required documents, such as the certificate of business registration, license, and lease agreement, you can open a corporate bank account for your company’s financial transactions.
