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Open a company in Dubai South Free Zone

Open a company in Dubai South Free Zone

٢٦ ديسمبر Open a company in Dubai South Free Zone

Opening a company in the Dubai South Free Zone, establishing a company in the Dubai South Free Zone represents a distinct strategic step for investors wishing to benefit from the advanced business environment and exceptional facilities provided by this leading free zone. Dubai South is considered one of the most prominent free zones in Dubai, as it combines a strategic geographical location and advanced infrastructure that supports the growth of businesses from various sectors. The region provides an integrated business environment and many advantages that make it an attractive option for local and international investors, as it allows them to benefit from a wide range of services and facilities that contribute to accelerating and simplifying the process of establishing companies.

Dubai South Free Zone offers economic incentives such as full tax exemptions on income and profits, and a business environment free of customs duties on imports and exports, which helps companies reduce operating costs and maximize profitability. Dubai South Free Zone also allows companies to have full foreign ownership without the need for a local partner, which gives investors complete control over their business operations.

With Etqan’s partnership in this process, investors receive comprehensive support including legal consultations, registration procedures, and obtaining the necessary licenses, which facilitates the transition from the project idea to actual implementation quickly and efficiently. Etqan has extensive experience in establishing companies and providing specialized services that ensure meeting all legal and regulatory requirements in the Dubai South Free Zone, making it an ideal partner to ensure the success of your investment and the stability of your business in this ideal environment.

Open a company in Dubai South Free Zone
Open a company in Dubai South Free Zone

Types of companies that can be established in the Dubai South Free Zone

Dubai South Free Zone is one of the most prominent economic destinations in Dubai, offering a sophisticated business environment and a variety of investment opportunities. This free zone is strategically located near Al Maktoum International Airport and Jebel Ali Port, making it an ideal choice for investors looking to benefit from the advanced infrastructure and commercial facilities provided. To meet the diverse needs of businesses, Dubai South Free Zone offers a range of company types that can be established, allowing investors to choose the structure that best suits their business activities. Types of companies that can be established in Dubai South Free Zone

  • Limited Liability Companies (LLC): Limited liability companies are one of the most common types in the free zone, allowing investors to establish a company with an independent legal personality and protecting shareholders’ assets from personal liability. This type is characterised by its flexibility and ability to attract multiple investments.
  • Private Joint Stock Companies: Private joint stock companies are companies that are established with the participation of a group of investors and are responsible for issuing their own shares. These companies can be attractive to investors seeking to raise capital from multiple sources and provide opportunities for growth and expansion.
  • Branches of foreign companies: Dubai South Free Zone allows foreign companies to open branches to conduct their commercial activities in Dubai without the need to establish a new company from scratch. These branches can benefit from all the facilities provided in the free zone and expand the scope of their operations in the local market.
  • Representative Offices: Representative offices are a type of company that aims to promote business relations and market products and services without direct involvement in commercial activity. These offices can be an important starting point for expansion in the UAE market.
  • Sole Proprietorships: The free zone also allows qualified individuals to establish sole proprietorships where the founder is the sole owner and bears all responsibilities. This type is characterised by simplified registration procedures and ease of management.

Each of these types of companies allows investors to achieve their business goals in different ways, and the right choice depends on the nature of the business and the investors’ requirements. Dubai South Free Zone provides a supportive environment for establishing these different types of companies, making it an ideal destination for innovation and growth in the UAE market.

Documents required to establish a company in the Dubai South Free Zone

Establishing a company in Dubai South Free Zone requires the submission of a set of essential documents that contribute to facilitating the registration process and ensuring compliance with all legal and regulatory requirements. Dubai South Free Zone provides an ideal business environment for investors thanks to its strategic location and advanced infrastructure that supports growth and innovation. To ensure the success of the establishment process, investors must prepare the following documents carefully. These documents include basic information about shareholders, directors, company type and business activity, and are a vital step in accelerating the process of obtaining the required licenses and registering the company legally. Documents required toDubai South Free Zone

  • Copies of Passports for Investors and Directors: Clear, coloured copies of the passports of all investors and directors involved in the establishment of the company must be provided. These documents are necessary to verify the identity and legal capacity of the individuals involved.
  • Personal Photographs: Recent personal photographs of investors and directors are required for use in registration and licensing procedures. The photographs must be of high quality and meet the required standards.
  • Articles of Association and Memorandum of Association: The articles of association must be submitted, which specify the structure of the company and the partners, in addition to the articles of association, which specify the laws and regulations that will govern the company’s work.
  • Office Lease Contract: A lease contract for a commercial office within the free zone is required. The designated office can be used by the free zone or a lease contract obtained from a third party can be provided.
  • Business Plan: A detailed business plan must be submitted that outlines the company’s goals, growth strategies, and financial projections. The business plan helps demonstrate the feasibility of the project and clarify its vision to the relevant authorities.
  • Local Shareholder/Partner Approval (if required): If a local partner is required, local partner approval and partnership details must be provided. In most cases, some businesses may require this approval.
  • Application for initial approval: An application for initial approval is required from the relevant local authorities, which usually include the Department of Economic Development or the Free Zone Authority.
  • Copy of residence visas (if available): If investors and managers have previous residence visas, copies of them must be provided to clarify the legal status of the individuals in the country.

Accurately preparing and submitting these documents will speed up the process of establishing a company in the Dubai South Free Zone, ensuring compliance with legal requirements and establishing a strong foundation for business success in a sophisticated commercial environment.

Our company's role in opening a company in the free zone
Our company’s role in opening a company in the free zone

Our company’s role in opening a company in the free zone

Opening a company in the Dubai South Free Zone opens doors of opportunity and growth for investors in one of the most prominent economic zones in Dubai. Thanks to the facilities and advantages offered by this free zone, investors can benefit from an advanced and favorable business environment that supports innovation and expansion. The Dubai South Free Zone offers attractive economic incentives such as full tax exemptions and customs facilities that contribute to reducing costs and enhancing profitability. These advantages contribute to making the free zone a preferred destination for businesses in various sectors.

Etqan plays a pivotal role in facilitating the process of opening companies in this free zone, thanks to its extensive experience and integrated services that include legal consultations, registration procedures, and obtaining the necessary licenses. Etqan can provide investors with the necessary support and guidance to overcome the complex procedures and ensure compliance with all legal and regulatory requirements, which contributes to accelerating the process and achieving satisfactory results.

By partnering with Itqan, investors get a reliable partner that guarantees them a smooth and hassle-free experience in establishing their company in the Dubai South Free Zone, which enhances their business success chances and ensures the achievement of their commercial goals. This partnership allows them to benefit from all the advantages that the free zone provides and supports their stability and growth in a global and advanced business environment that contributes to achieving success and innovation in the diverse market and opportunities available in Dubai.

Frequently asked questions about opening a company in the free zone

What is Dubai South Free Zone?

Dubai South Free Zone is an advanced economic zone in Dubai that aims to attract companies and investors from various sectors thanks to its strategic location near Al Maktoum International Airport and Jebel Ali Port. The area offers advanced infrastructure and commercial advantages that make it an ideal destination for establishing companies.

What types of companies can be established in Dubai South Free Zone?

A variety of companies can be established in Dubai South Free Zone including limited liability companies, joint stock companies, and branches of foreign companies. Investors must choose the appropriate type based on their needs and business activity.

What are the main advantages of setting up a company in Dubai South Free Zone?

The most prominent advantages include full tax exemptions, customs facilities on imports and exports, and the possibility of full ownership of companies by foreigners without the need for a local partner. The region provides a comfortable business environment that supports growth and expansion.

How long does it take to register a company in Dubai South Free Zone?

The company registration process can usually take from two to four weeks depending on the speed of submitting the documents and completing the required procedures.

What documents are required to establish a company in Dubai South Free Zone?

Basic documents require copies of passports for investors and directors, personal photos, the company’s articles of association and memorandum of association, office lease agreement, and a business plan. Requirements can vary depending on the type of company and business activity.