Dubai South Free Zone formerly known as Dubai World Central is a unique, massive and multi phase developmental project of the Government of Dubai that is placed around world’s largest international airport. At 145 sq.km, (almost twice the size of Hong Kong Island), this megalopolis is constructed to host more than a million people and create more than 50,000 job opportunities. Dubai South is a master-planned city which will provide an uplifting ecosystem for businessmen and enterprises around the world. In this article, we will emphasize on the advantages that Dubai South Free Zone offers for new business setups.
Business Setup in Dubai South Free Zone
A Multi-Model Platform
Dubai South Free Zone comprises of seven districts: Logistics, Aviation, Residential, Commercial, Golf, Exhibition and Business Park. Business Park is an assortment of 11 state of the art buildings which will provide flexible and ready to occupy business spaces that will allow quick and easy business formation with multiple license options. Dubai South is directly connected to largest sea port of the region i.e. Jebel Ali Port through a Logistics Corridor which gives the benefit of single customs bonded free zone spanning approximately 200sq.km.
Al Maktoum International Airport
Dubai South is home to Al Maktoum International Airport which is under developmental phase. Once completed before 2020, it will have capacity to handle 12 million tons of annual cargo and 160 million passengers. This makes DWC a platform which provides multiple opportunities for variety of activities in its seven districts.
World Expo 2020
The venue for much talked about event i.e. World Expo 2020 is Dubai South Free Zone. As the event is expected to attract 25 million visitors from around the world, multiple real estate projects are already under construction such as formation of new hotels, shopping centers, residential and commercial areas.
Ease Of Transport
Dubai South Free Zone provides access to two major trans-emirate road networks. These are Sheikh Muhammad bin Zayed road (also known as Emirates road) and Dubai Bypass. Dubai South is also connected to Sheikh Zayed Road which is a popular freeway among UAE motorists. Access to these roads makes DWC a true logistics hub that provides supreme level of speed and connectivity. This is also the reason that many renowned logistics companies such as Aramex, DHL and Panalpina operate from this zone.
Global Business Hub
Dubai is perfectly positioned on world map in order to gain access to world’s developing economies. Its rapid economic growth and increase in foreign investment has made it a global business hub. It has become an ideal location in order to setup and grow a business.
Options For Multiple Business Activities
Dubai South Free Zone provides complete range of business activity options. Entrepreneurs looking for business options in DWC can choose from anything from small work space and custom built offices to mega industrial and warehousing facilities. The mission is to achieve sustainability and not just reach for short term profits but to attain long term synergy and growth.
Completely Integrated Ecosystem
According to Vise President of UAE and ruler of Dubai, the main objective of creation of Dubai South is to make people happy. That is why Dubai South Free Zone is not just designed to keep business setups in perspective, rather it is a completely integrated ecosystem which provides residential and commercial facilities so that creative people can live happily and feel empowered. Residential district includes housing schemes, schools, health care centers and shopping malls. Commercial district comprises of different areas with commercial and hospitality facilities.
Free Zone Benefits
The benefits that Dubai South Free Zone offers to new business setups are,
- 100% foreign ownership
- No personal or corporate tax
- 100% capital and profit repatriation
- No import export duty
- Conditions for commercial lease are flexible
- Availability of broad range of business activities
- Easy setup procedure (minimum documentation requirements) for new business
- No currency restrictions
- State of the art infrastructure and facilities
- Flexi desk offices are available who do not require or have limited budget for office space
- Fewer restrictions on foreign investors in terms of visas and dependent’s sponsorship
If you are looking to establish a company in Dubai South Free Zone, get in touch with us at KWSME for professional assistance. We provide company formations services for new business in Dubai and UAE. Contact our representatives for further guidance.