Establishing a company in Dubai South

Establishing a company in Dubai South is a strategic and promising step in the UAE business market. Dubai South is located in the heart of the Emirate of Dubai and is considered a vibrant hub for business and innovation. This region is characterized by rapid urban development and advanced infrastructure, which creates an ideal environment for the establishment and growth of companies.

Dubai South is strategically located with easy access to Al Maktoum International Airport and the ports of Port Rashid and Jebel Ali, facilitating trade and logistics distribution. In addition, the region provides a wide range of innovative commercial and industrial facilities and facilities, including free zones and specialized industrial zones.

Dubai South is also characterized by strong government support for entrepreneurship and investments. The Dubai South Economic Office provides a wide range of services and assistance to new businesses, including licences, permits, legal and advisory support.

In short, establishing a company in Dubai South is a great opportunity to take advantage of the dynamic business environment and unique investment advantages that the emirate offers. Whether you are looking for national or international growth, Dubai South provides the infrastructure and support needed to succeed and turn your business vision into reality.

 

How to establish a company in Dubai South

Establishing a company in Dubai South follows specific procedures, and the following is an example of the basic steps that could be necessary to establish a company in Dubai South:

• Market and Business Activity Study: Conduct a careful study of the market and determine the desired business activity in Dubai South. Ensure that company activity complies with permits and local laws.
• Choosing a free zone authority: Check the available authorities in the Dubai South region and choose the one that matches your company’s needs. Check out the benefits and perks each body offers businesses.
• Choosing the type of company: Decide what type of company you want to establish, whether it is a sole proprietorship, a limited liability company, or a subsidiary of a foreign company, according to your business needs and desires.
• Determine the partners and financial contribution: Identify the partners or shareholders in the company and determine their shares and the financial contribution required from each partner.
• Submitting the required documents: The registration process may require submitting documents such as partners’ passports, registration application form, social contract, head office ownership document, and other required documents.
• Payment of fees and licenses: There are fees and licenses required to register the company and obtain the necessary licenses. Pay these fees and complete the procedures related to obtaining the required licenses.
• Obtaining the commercial register: When all procedures and requirements are met, the registration application will be reviewed and approved. Your company’s commercial registration will then be issued.

It should be noted that it is recommended to cooperate with a legal advisor or a local lawyer specializing in business in Dubai South to obtain appropriate legal advice and ensure compliance with local procedures and legislation.

Read also: Ways to establish a company in Dubai for foreigners

Documents required to establish a company in Dubai South

The papers required to establish a company in Dubai South may vary depending on the type of company, its activity, and local legislation, but generally can include the following basic documents:

1. Registration Application Form: An official application form must be filled out to register the company in Dubai South.
2. Identity documents: A copy of the passport for the main shareholders and directors.
3. Personal photos: of key shareholders and directors.
4. Memorandum of Association: Details of the company’s structure, objectives, and how it is organized and managed.
5. Business Plan: A detailed document explaining the company’s goals and plans for growth and expansion.
6. Proof of address: The address of the company’s office in Dubai South.
7. Activity permits (if applicable): Some special activities can require additional permits from local authorities.
8. Payment of fees: Founders must pay the fees required to register the company and obtain the necessary licenses.
9. Submit any additional required documents: Local authorities may require additional documents depending on the legal status and type of company.

Remember that these documents are just a basic list, the specific free zone in Dubai South may require additional documents or the requirements may vary based on the type of company and its activity. It is advisable to check the exact requirements before starting the process of setting up a company in Dubai South.

Related topics: Establishing a company in Dubai for Gulf nationals

Costs of establishing a company in Dubai South

The costs of establishing a company in Dubai South are limited to several expenses, which are as follows:

1. The cost of obtaining a business license.
2. The cost of the office location or the location through which you conduct business, whether rented or purchased.
3. The cost of matters also related to the furniture and decoration of the office or the company in which you do business.
4. The cost of obtaining work permits for sponsored employees and obtaining the required visas for them under the name of your new company.
5. The cost of opening a new bank account in a bank in the name of the company and then depositing the minimum capital depending on the type of your business activity.
6. The costs of the legal form of the company, meaning that it is commercial, industrial, or professional, has a fundamental role in determining the cost of establishment. The cost of establishing industrial companies is higher than that of establishing commercial and professional companies.

Advantages of establishing a company in Dubai South

Establishing a company in Dubai South. Dubai South is considered one of the most important free zones in Dubai that can help in establishing companies there due to its advantages. Among the most important of these advantages are the following:

• Complete exemption from all taxes, whether income tax or corporate tax.
• Allowing absolute foreign ownership of 100% foreign ownership.
• Tax exemption on import and export.
• Providing facilities and flexibility in office rental terms.
• Provides a wide range of different business activities available.
• The documents required to establish a new company are not many and specific.
• Do not place any restrictions on the currency.
• Providing competitive prices for establishing any company in the Dubai South region.
• Providing warehouses for storage.

Frequently asked questions about establishing a company in Dubai South