Entrepreneurs who want to set up a business in Dubai South Free Zone can register an LLC or Branch of an existing company in Dubai South Free Zone and seeking the services of leading business setup consultants in Dubai would make the procedure much easier. The Dubai South Free Zone is now on the international business map as it hosts the anticipated mega business event Expo 2020. Apart from that, the Free Zone has a highly integrated master plan with districts dedicated to Aviation, Logistics, Real Estate, etc. All these factors and an easy setup procedure make the Dubai South Free Zone the best choice for entrepreneurs.
The Dubai South Free Zone, formerly known as Dubai World Central (DWC), was established in 2006 by the Dubai government to promote every business and also generate around 50,000 jobs. The Dubai South Free Zone aims to achieve the goals envisioned in Dubai Plan 2021. The Dubai South Free Zone is a preferred business destination for investors across the world due to its strategic location and pro-business policies. The Dubai South Free Zone is home to the world’s largest airport, the Al Maktoum International Airport, and provides easy accessibility to Dubai Downtown and Abu Dhabi.
Types of Licenses Provided by Dubai South Free Zone
Based on the activities allowed, the Dubai South Free Zone provides the following types of licenses for the businesses:
- Commercial Licence
- Service Licence
- Industrial Licence
- Education Licence
Business Setup Options in Dubai South Free Zone
The Dubai South Free Zone allows mainly two types of registration:
a) the Free Zone Limited Liability Company (FZ LLC)
b) Branch of an existing company.
The registration process will be quickly provided the companies are enlisting the services of company formation specialists in Dubai.
a) Setting up a Limited Liability Company in Dubai South Free Zone
The investors should first finalise their preferred business activity and agree on the location and size of the space they are going to lease for setting up the company. Business setup consultants can do this on behalf of the entrepreneurs.
Application forms along with relevant supporting documents and fees have to be submitted to the Free Zone authority. If all the paper works are correct the registration and licensing process could be completed in one or two days.
The Dubai South Free Zone mandates that the documents should be either in English or Arabic language. Documents that are written in any foreign language must be translated into English or Arabic by legal translators. The documents are required to be attested from the UAE Embassy of the home country and attested from Ministry of Foreign Affairs (MOFA) in the UAE.
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b) How to Setup a Branch of an Existing Company in Dubai South Free Zone
Companies that exist outside the Dubai South Free Zone, both local or foreign, can open their branch/ representative office in the Free Zone. The branch should bear the name of the parent entity but should contain the designation ‘Branch’ at the end.
The companies need to apply for the branch under the appropriate business activity. The branch is only allowed to perform the activity of its parent entity. The companies have the option to register a branch and convert it to an LLC later.
Along with the application form the businesses need to submit the following documents:
- Copy of General Manager’s passport
- Certificate of Incorporation of the entity
- Memorandum & Articles of Association of a Parent firm
- Board Resolution to open a branch
- Board Resolution or Power of Attorney in favor of a manager or any authorised representative
- Certificate of Good standing or Trade License
Types of Business Activities Allowed in Dubai South Free Zone
The Dubai South Free Zone allows the companies to conduct most of the business activities listed under the Dubai Economic Development (DED). Some of the most common business activities in Dubai South Free Zone are:
- Real estate
- Exchange & Financial Services
- Broadcasting & Communications
- Petroleum & Metal Extraction
- Appliances & Machinery Manufacturing
- Light Aircraft Manufacturing
- Commercial Brokerage
- Transport, Storage & Communication
- Foodstuff Trading
Documents Required to Set up a Dubai South Free Zone LLC
For Individual Shareholders
- Passport of Shareholder/ Director/ Secretary/GM
- Memorandum & Articles of Association
- A legal document required for Registration
For Corporate Shareholders
- Certificate of Incorporation (to be legalized)
- Board Resolution to establish a company
- Board Resolution or Power of Attorney in favour of a manager or any authorised representative of the company
- Certificate of Good standing or Trade license (Notarized, attested and legalized)
- Passport Copy of Director / Secretary
- Passport Copy& UAE Visa of General Manager
Business Setup Consultants in Dubai South Free Zone
Jitendra Business Consultants (JBC) is one of the leading business setup consultants in Dubai, UAE. JBC has become a preferred choice among entrepreneurs, and multi-national corporations due to years of experience and unmatched expertise in business setup in Dubai. JBC’s highly qualified business setup consultants have helped thousands of clients in establishing their businesses in the ever-growing UAE business landscape. Our clients, rate JBC as the most reliable ally in all steps of company formation from registration to company incorporation.