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.
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.
To know the exact set of documents required for Dubai world trade center company formation, consult our company formation experts in UAE.
DWTC freezone has the following major business activities.
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.
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.
P.O. BOX:84706, Office No.108, Coastal Building, Al Qusais 2, Dubai, UAE
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.
In case a business is willing to close its operation in the DWTC freezone, it should obtain the following.
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.
Dubai world trade center company formation offers the following categories of licenses.
No. Business setup in Dubai world trade center doesn’t require that you be physically present for incorporation.
Coastal Building, Al Qusais 2, P.O. BOX:84706, Dubai, UAE