Set Up Your Company with
Dubai South
Advantages of Setting Up Your Business in Dubai South
Aside from its unrivaled connectivity, here are some of the following benefits that local and foreign entrepreneurs can enjoy upon establishing a company under Dubai South:
Prime Location
- Situated between Dubai and Abu Dhabi.
- Direct access to Jebel Ali Sea Port, the biggest airport in the region, and the Al Maktoum Airport, which is set to become the world’s largest airport upon completion.
Business-friendly Policies
- 100% foreign company ownership
- No restrictions on capital repatriation
- No currency restrictions
- No personal income tax
- Flexible commercial lease terms
- 9% corporate income tax (where applicable)
- A 5% standard VAT rate
Diverse Business Options
- Dubai South comprises seven districts where you can choose to put up your business – Residential District, Commercial District, Logistics District, Aviation District, Humanitarian District, Golf District, and Dubai South Exhibition City.
Support Services
- Dubai South is one of the free zones that provide best-in-class customer service as well as facilitated business setups and processes for companies to operate under its umbrella.
- Entrepreneurs looking to start a business in Dubai South can choose from small workspaces, co-working spaces, to warehousing facilities.
Types of Licenses Offered in Dubai South
General Documents Required for Dubai South Company Setup
- Passport copy
- UAE entry stamp/visa copy
- Phone number
- Email address
- Residence and correspondence address
- Shareholding ratio
- Company name
Steps in Setting Up Your Business in Dubai South
Here are the general steps for establishing your company in Dubai South:
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Choose a Legal Form for Your Business
The first step in setting up a business in Dubai South is to choose a legal form for your business. This can be either an LLC or a branch company.
Each has its requirements, advantages, and disadvantages, so making a careful decision is vital. Before incorporating your business in Dubai South, you must outline your business activities to evaluate what type of trade license you will get. -
Prepare the Articles of Association (AOA) and Memorandum of Association (MOA)
AOAs and MOAs are the most critical documents you must prepare before establishing your business. You will need to notarize these documents through a legal company.
Depending on the type of business you are setting up, you may need to obtain additional requirements depending on your business license type. -
Certificate of Registration
Once you have submitted all the requirements, you will receive a Certificate of Registration, which allows you to open a bank account. This certificate is typically issued within 7-14 days after the application.
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Secure an Office Space
Once you have registered your business and obtained the necessary licenses, you will need to secure an office space in Dubai South. This can be done by leasing or constructing a new building.
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Open a Bank Account
After providing all the relevant documents, such as your certificate of business registration, license, and lease agreement, you can now finally open a corporate bank account. This is where all the financial transactions of your company will be done.