ar cn en
christmas Logo (1)

Dubai World Trade Center freezone

Incorporate your company in the Dubai World Trade Center freezone!

Contact Us

Company formation in Dubai World Trade Center freezone

Opened in 2016, Dubai World Trade center Freezone offers a desirable environment for businesses that seek location in a central business district. It provides an appropriate environment for businesses of all kinds including startups, MSMEs, and large organizations. It is one of the busiest locations in Dubai because exhibitions happen very often. Company formation in Dubai World Trade Center Freezone helps businesses to reach international markets at ease. 

Operating under the jurisdiction of DWTC authority, the freezone stretches across Dubai World Trade Center and the adjoining one Central. The DWTC authority has innovative policies and regulations that help foster a conducive business environment in the freezone. 

The DWTC freezone offers executive offices and flexi spaces in Sheikh Rashid Tower, which is the first skyscraper in Dubai. The freezone also authenticates companies to hire office spaces or desks from business centers in One Central Development. 

Getting a world trade center license

DWTC authority offers the following type of licenses.

Commercial license

Authenticates business to carry out trading activities including import, export, sale, storage, and distribution of commodities mentioned in the license.

General Trading license

Allows businesses to carry out commercial activities across an unrestricted range of products and activities including the import, export, sales, distribution, and store commodities permitted by the license.

Professional license

Issued to businesses interested in offering professional services including HR services, advisory, software training, repair, consulting, and so on.

Event management license

Authenticates business to engage in event management activities like organizing meetings, exhibitions, conferences, and all other business and entertainment events.

Dual license

Dual license helps the DWTC freezone stand out from other freezones. It issues business permits to those entities licensed by the Department of Economic Development and would want to operate in the freezone.

Key benefits of licensing in DWTC

  • 100% foreign ownership
  • No restriction on repatriation of capital and profits
  • Zero income tax
  • Zero corporate tax
  • No restriction on hiring foreign employees
  • Well regulated business environment
  • No export/ import taxes
  • No restriction on currency
  • Easy incorporation procedures
  • World class infrastructure
  • Close proximity to events and exhibitions in World Trade Center

DWTC company Registration

DWTC company registration normally takes around two weeks. Following are some of the documents you would require for business setup in Dubai World Trade Center.

  • Application form
  • Passport copy of the shareholders
  • Professional summary and resume
  • Business plan and summary
  • Proof of Trade name reservation
  • Board resolution
  • Memorandum of Association
  • Article of Association

To know the exact set of documents required for Dubai world trade center company formation, consult our company formation experts in UAE.

Types of companies formed under DWTC Authority

Free Zone Establishment (FZE)

Free Zone Company (FZCO)

A Branch of an LLC. (includes all Limited Liability Companies in the UAE)

A Branch of a Foreign Company

Business Activities

DWTC freezone has the following major business activities.

  • Trading
  • Services
  • Consultancy

A single license can authenticate a business to carry out multiple activities. It could be 10 or more if the activities are in the same group.

Company registration cost

DWTC is one of the most affordable free zones in the UAE. The cost of company formation in Dubai World Trade Center Freezone begins from 31,000 AED. It varies based on the structure of business and the kind of activity the business is engaged in.

To know the exact costs, book a free consultation with our company formation experts in UAE.

Company Renewal

Businesses incorporated in the Dubai world trade center free zone must renew their licenses after 1 year from the date of incorporation. Renewal does not require audits. If the company is registered for VAT, it should produce the VAT registration certificate to renew the company.

Frequently Asked Questions

Get In Touch With Us!

Phone

Email

Address

P.O. BOX:84706, Office No.108, Coastal Building, Al Qusais 2, Dubai, UAE

Contact Us​

Amendments

Corporate entities in the DWTC freezone are allowed to make certain amendments like change of trade name, activity, manager, or shares, etc. 

The cost of amendment varies depending on the change the business seeks. After amendments, a fresh license is issued and it reflects the changes. 

Liquidation

In case a business is willing to close its operation in the DWTC freezone, it should obtain the following.

  • Bank clearance letter,
  • Clearance letter from DWTC finance department
  • Clearance letter from DU and Etisalat
  • Announce its closure in a UAE national paper.

Frequently Asked Questions

What are the advantages of business setup in Dubai world trade center?

Company formation in the DWTC Freezone offers a plethora of benefits to businesses. It offers a stable, regulated business environment to companies. It is well connected to the airport, metro route, road network, etc. This helps businesses to connect with regional and international markets. There are no personal and corporate taxes. The incorporation is also easy in the DWTC freezone.

What are the types of licenses in the DWTC freezone?

Dubai world trade center company formation offers the following categories of licenses. 

  • Commercial license
  • General Trading license
  • Professional license
  • Event management license
  • Dual license
  • Should I be physically present during the company formation in DWTC?

No. Business setup in Dubai world trade center doesn’t require that you be physically present for incorporation. 

Get In Touch With Us!

Phone

Email

Address

Coastal Building, Al Qusais 2, P.O. BOX:84706, Dubai, UAE

GET STARTED NOW

Frequently Asked Questions

We assist you in getting all the information, resource, and consultation you need for company formation in UAE that turns your investment into a growing business in the Gulf.

Get in touch

incorp@oxbowcs.ae

+971 50 567 5616

+971 4 451 9876

Office No : 1109, Bay View Tower, Marasi Drive Street, Business Bay, Dubai, PO BOX : 391085

© 2022 Oxbow Corporate Services

Design by Oxbow_IT_Team