DWTC
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Benefits of Establishing Your Business at Dubai World Trade Center
The DWTC offers a range of attractive incentives and numerous advantages for entrepreneurs aiming to launch their businesses in the UAE.
Some of these include:
Strategic Location
- DWTC is located just 15 minutes away from Dubai International Airport, giving easy access to different locations in Dubai.
- It is in proximity to Burj Khalifa, the Emirates Towers, and the Dubai International Financial Center.
Internationally Acclaimed Hub
- The DWTC stands out as a prominent location for numerous globally renowned events. It accommodates over 500 international trade shows, expos, and conventions each year, attracting more than 3 million visitors annually.
Adaptable Office Rental Opportunities
- Entities possessing licenses and operational permits from the DWTC Authority have the privilege to sub-lease their spaces to other members within the Free Zone.
Advantageous Regulatory Environment
- Complete ownership for foreign companies
- Unrestricted capital repatriation
- No limitations on currency exchange
- Exemption from personal income tax
- Adaptable terms for commercial leases
- A minimal corporate income tax rate of only 9% (where applicable)
- Reduced tariff rates
Bimodal Licensing System
- Mainland companies seeking to extend their operations into the DWTC’s free zone jurisdiction are eligible for business operating permits. Nonetheless, these companies are limited to conducting activities that are consistent with their existing DED license.
Explore Monthly Payment Plans with Selected Banks
Transform your transactions into convenient and cost-effective monthly installments through our designated banking partners. Simply make a minimum credit card expenditure of AED 1,000 from one of our collaborating banks, and repay the amount in manageable installments spanning 12 months.
Steps
- To take advantage of this offer, simply make a minimum credit card purchase of AED 1,000 for any services offered by Vip Zone.
- Afterward, contact the banking services of any of our partner banks to request the conversion of your purchase into an Easy Payment Plan.
- You’ll have the flexibility to choose a payment duration of 3, 6, 9, or 12 months.
Types of Licenses Offered in DWTC
DWTC Offers a Diverse Range of Business Licenses:
Authorizes companies to engage in a broad scope of commercial activities, encompassing the export, import, and distribution of various goods.
Grants authorization for companies to execute activities as outlined in their license, which includes exporting, importing, distributing, selling, and storing goods approved under the license.
This license authorizes businesses to offer a variety of services, including general or advisory consulting, on-site repairs, training sessions, and implementation of human resources and software services.
Authorizes companies to organize and host various business or leisure events, such as conferences, incentives, meetings, exhibitions, and other related gatherings within its jurisdiction.
Designed for businesses operating online platforms, this license facilitates the online trading of goods and services.
Tailored for family offices, this license is specifically for entities established by family members to oversee and manage the wealth of a single family.
Geared towards consultancy firms, this license is for offices that provide wealth management services to multiple families.
Guide to Establishing Your Business in DWTC
Outlined below are the key steps to establish your business in Dubai World Trade Centre (DWTC).
Steps
1. Select a Business Activity and Secure a
License Initiate your business setup in DWTC by choosing a specific business activity and applying for the corresponding license. Licenses are issued by various government entities, including the Department of Economic Development (DED), depending on the nature of the business activity.
2. Register Your Business with DWTC
After obtaining your license, proceed to register your business with DWTC. This involves submitting the necessary documentation for your company. Registration can be completed at the DWTC offices or via their online platform.
3. Acquire Office Space
The following step involves securing office space within DWTC. You have options ranging from standard office spaces to furnished offices and flexible office arrangements.
4. Organize UAE Residency and Establish a Business Bank Account
With your trade license and office lease in hand, the next phase is to organize your UAE residency visa and set up a corporate bank account for handling your business’s financial operations.
Throughout this process, Vip Zone provides assistance to ensure compliance with Dubai’s regulations, facilitating a cost-effective and smooth company setup.
