How to set up a company in Dubai South Free Zone Because Dubai South Free Zone is one of the ideal destinations for establishing new companies, thanks to its encouraging business environment and advanced facilities. This strategic area is located near Al Maktoum International Airport, making it an ideal starting point for global trade. Dubai South offers a variety of options for companies, from fully equipped offices to storage spaces and factories, in addition to modern logistics facilities. The region is distinguished by its attractive tax system that includes a complete exemption from corporate and profit taxes, which contributes to enhancing companies’ ability to expand and innovate. The Dubai South Free Zone also provides advanced infrastructure and an excellent transportation network, which contributes to accelerating business procedures and reducing operating costs. In addition, Dubai South contributes to supporting companies by providing various services including company registration, obtaining the necessary licenses, and administrative support services. With these advantages and opportunities it provides, Dubai South is an ideal choice for entrepreneurs and investors seeking to achieve success in a dynamic and growing market. Through this article, we will talk about setting up a company in the Dubai South Free Zone .

 

Advantages of establishing a company in the free zones in the UAE

Establishing a company in the free zones in the UAE offers many advantages that attract investors and businessmen from all over the world. Here are the most prominent of these advantages:

• Full foreign ownership: Foreign investors can fully own companies in free zones without the need for a local partner, giving them complete control over business operations.
• Tax Exemptions: Free zones offer complete exemption from corporate and profit taxes, which helps reduce operating costs and enhance profitability.
• Ease of company formation: Free zones facilitate company registration and licensing procedures, which speeds up the process of setting up a business. They also provide comprehensive support services that include assistance in preparing documents and procedures.
• Logistics facilities and strategic location: Most free zones are strategically located near ports and airports, facilitating shipping, storage and distribution operations. They also provide advanced infrastructure including warehouses, offices and factories.
• Additional financial incentives: Some free zones offer financial incentives such as discounts on rental fees, financial support for new projects, and incentive programs to attract investors.
• Flexible Banking System: Free zones provide facilities for opening commercial bank accounts with local and international banks, facilitating the management of financial transactions.
• Work and Residence Visas: Free zones help speed up the process of obtaining work and residence visas for investors and employees, facilitating the recruitment of the human resources necessary for the success of the business.
• Freedom from administrative restrictions: Free zones allow companies to conduct business activities without many of the administrative restrictions that may exist in other areas, which contributes to accelerating the pace of business.
• Advanced work environment: Free zones provide a modern work environment and high-quality facilities, including equipped office spaces, advanced communications services, and recreational facilities.
• Compliance with international standards: Free zones adhere to international standards in providing services and business, which enhances the credibility of companies and contributes to improving their image in the global market.
  Thanks to these advantages, free zones in the UAE are an attractive option for investors seeking success and growth in a dynamic and favorable business environment.

Dubai South Free Zone Company Establishment Procedures

To set up a company in the Dubai South Free Zone , you can follow these steps:

1. Select the type of company and its business activity: Select the type of company (such as a limited liability company or a branch of a company) and the business activity you wish to practice. Ensure that the activity is compatible with the activities permitted in the free zone.
2. Determine the company name: Choose a trade name for your company according to the legal requirements of the free zone. The name must not be similar to other company names and acceptable to the local authority.
3. Preparing the required documents: Collect and prepare the necessary documents, such as passports, residence permits (if there are foreign investors), copies of the founders’ CVs, and proof of address.
4. Apply for a license: Apply for a license from Dubai South Authority. You can apply directly through the Authority’s website or through the customer service offices in the free zone.
5. Signing a lease: Sign a lease for an office or commercial space within the free zone. Dubai South offers multiple options including offices, warehouses and factories.
6. Paying fees: Pay the fees related to licenses, rent and company registration. Make sure to get the payment receipts.
   Receiving the license and company registration: After reviewing the documents and paying the fees, the authority will issue the commercial license for your company. You can collect the license and registration certificate from the relevant office.
7. Open a bank account: Open a business bank account with one of the approved banks in Dubai to facilitate your company’s financial transactions.
8. Securing Work and Residence Visas: Submit applications for work and residence visas for employees and investors, as needed.
9. Starting Operations: After completing all the procedures and obtaining the necessary licenses, you can start operating your business in the free zone.
   It is important to follow up on any updates on requirements or procedures by communicating directly with the Dubai South Authority or using a specialized consultant such as Itqan Company to ensure that the process runs smoothly.

Dubai South Free Zone

Dubai South Free Zone is one of the most prominent free zones in the UAE , offering an ideal business environment for investors and entrepreneurs. This strategic area is located near Al Maktoum International Airport, providing quick access to global markets and enhancing the ease of trade exchange. Dubai South offers a variety of business options, including luxury offices, warehouses, and factories, with advanced infrastructure that includes the latest technologies and logistics facilities.

The free zone is distinguished by its attractive tax system, as it provides a complete exemption from taxes on companies and profits, which contributes to improving economic efficiency and reducing operating costs. The zone also provides distinguished facilities for registering companies and obtaining licenses, in addition to comprehensive administrative support that enhances the speed of starting commercial activities.

In addition, businesses benefit from Dubai South’s central location with easy access to major roads and ports, enhancing competitiveness and providing significant opportunities for growth and expansion. With these advantages, Dubai South is an ideal destination for businesses seeking to succeed in a dynamic and thriving business environment.

Documents required to establish a company in the Dubai South Free Zone

To set up a company in Dubai South Free Zone, you will need to submit a set of basic documents. Here is a list of the documents typically required:

1. Passports: Color copies of passports of all shareholders and executives of the company.
2. Personal Photos: Recent personal photos of shareholders and directors.
3. Business Plan: A detailed business plan that outlines the company’s activity, goals, market strategy, and financial plan.
4. Proof of address: Documents proving the residential address of shareholders and directors, such as an electricity bill or lease agreement.
5. Articles of Association and Bylaws: The form of the company’s articles of association and bylaws, which define the company’s structure and the powers of shareholders and administrators.
6. Suggested Company Name: List of suggested company names (preferably multiple options) to check name availability.
7. Legal Authorizations: Legal authorizations for authorized representatives if there are agents or consultants acting on behalf of the company.
8. Copy of previous licenses (if the company is a branch): If the company is a branch of an existing company, you will need to provide a copy of the parent company’s previous licenses and registrations.
9. Additional Documents: The Free Zone Administration may require additional documents depending on the type of business activity and regulatory requirements.
   Be sure to check the exact requirements with the Dubai South Free Zone Administration or consult a specialized Etqan company to ensure that all necessary documents are completed.

Conditions for establishing a company in the Dubai South area

Establishing a company in Dubai South requires compliance with a number of basic conditions and requirements. Here are the most important of these conditions:

1. You must specify the type of company you wish to establish, such as a limited liability company, a branch of a company, or a representative office. The business activity must be in line with the activities permitted in the Dubai South area.
2. A unique trade name must be chosen that complies with local regulations and reflects the company’s activity. The availability of the name must be checked and the approval of the competent authority obtained.
3. Submit basic documents such as passports for investors and directors, proof of address documents, and CVs for founders. The Authority may also request additional documents such as parent company details if the company is a branch.
4. Signing a lease contract for a commercial space within the Dubai South area. The space can be an office, warehouse, or factory depending on the type of activity and the company’s requirements.
5. Payment of fees related to company registration and obtaining licenses. This includes licensing fees, rent and any other administrative fees.
6. Submit an application for a commercial license from Dubai South Authority. The application includes details about the company, business activity and investors.
7. In some cases, you may need to deposit the required capital depending on the type of company and business activity. Make sure you meet any specific financial requirements.
8. Open a business bank account in one of the approved banks to support the company’s financial operations.
9. Submitting applications for work and residence visas for employees and investors, according to the number required by the company.
10. Comply with all local laws and regulations related to work and trade in the Dubai South area.
    It is important to follow up on any updates on requirements and procedures by contacting the Dubai South Authority or consulting a specialized Itqan company to ensure that all conditions are met and the establishment process is facilitated.

In conclusion, when it comes to setting up a company in Dubai South , it is clear that this free zone provides an ideal environment for investors and entrepreneurs looking for growth and expansion opportunities in a dynamic market. With its strategic location near Al Maktoum International Airport, modern logistics facilities, and attractive tax exemptions, Dubai South is an ideal destination for setting up a company. The free zone offers a variety of options for businesses, from offices to warehouses and factories, catering to the needs of various business activities. The procedures followed to set up a company in Dubai South, from choosing a trade name and submitting documents to paying fees and obtaining licenses, ensure that new companies are well equipped to launch and succeed. Adhering to legal terms and requirements, providing capital requirements, and submitting visa applications are all necessary steps to ensure a smooth and efficient start-up. Dubai South is a golden opportunity for investors seeking to succeed in an innovative and growing business environment, making it an attractive option for any ambitious project seeking to excel in the regional and international market.

Frequently asked questions about setting up a company in the free zone