Establishing a company in the Dubai South free zone is one of the best business decisions for UAE entrepreneurs. Dubai South, which opened its doors in 2006 and used to be known as the free zone for Dubai World Central and the free zone for Dubai Logistics City, is a new entry point into the Middle East, Africa, and South Asia. It gives the world access to a diverse market. It is one of the UAE’s free zones that is growing the fastest.
The integrated urban ecosystem that comes with company formation in the Dubai South free zone helps entrepreneurs and investors manage their time and develop substantial, cost-effective businesses. Entrepreneurs can take advantage of the easy access to the Dubai Al Maktoum International Airport and the Jebel Ali Port when they set up shop in the Dubai South free zone.
In addition, the Dubai South free zone provides a global logistics corridor with prominent connections to land, water, and air. This has had a significant impact on the transportation process and reduced operational costs.
Pre-built offices, extensive warehouses, shell and core stores, individualized office space, industrial facilities, and other amenities are available in Dubai South. The arrangement provides suitable locations for educational institutions as well as industries like aviation, retail, hospitality, food and beverage, and information technology.
The strategic location of the free zone, which is easily accessible by car and metro, is one of the many benefits of establishing a company in the Dubai South free zone. Because the free zone is close to where the Expo 2020 will be held, businesses that set up shop there will undoubtedly have more opportunities.
Other advantages of starting a business in Dubai South include:
Within specific groups, Dubai South permits a variety of business activities in the free zone: manufacturing, commercial, service/consulting, e-commerce, and freelance A few exercises that can be directed inside these particular gatherings are:
Dubai South primarily separates and expands real estate, aviation, logistics, and business parks, providing numerous opportunities for multinational corporations, sole proprietorships, and small and medium-sized businesses (SMEs).
Some business exercises in the free zone arrangement would require a confirmed degree or involvement with a comparable field. Under the same license, non-related activities or commercial and service activities cannot be combined.
There are various licenses offered by the authorities of Dubai South, including:
Packages for Dubai South free zone licenses, which include the costs of a lease, license, establishment card, and setup fee with two visa eligibility, start around AED 30,000.
Dubai South also offers various facilities including:
Businesses in Dubai South can easily and economically renew their operations. Beginning with the second renewal of your company, you will be required to submit an audit report annually.
You will need to pay the renewal fee and send in the signed lease agreement for your facility to complete the renewal process for your business. The fact that you don’t have to be physically present in the UAE to renew your visa is a benefit because it can be done through an agent.
Company liquidation, like renewal, does not require the owner’s physical presence and can be carried out through an agent. To complete the liquidation process, you will need to pay the government fee.
Company liquidation takes about one month to be completed and involves the following steps:
Contact AceTax Consultants service providers if you think Dubai South is right for you. Our team of experienced business setup consultants will help you with everything related to company formation in Dubai South or anywhere else in Dubai or the UAE.
Your business cannot be moved from one free zone to another. However, you can open a branch of your current business in a different free zone.
If you want your business to be in a different free zone, you will have to close it down in the current zone and start it up in a different free zone.
Establishing a business in Dubai South may provide a number of advantages and the ideal setting for collaborating on investments in the proposed projects. The following are a few of the many advantages of registering a business in Dubai South:
We, at ‘ACE Tax Consultants’, are engaged in rendering efficient Business setup and Consultancy Services viz. Company formation, Financial and Accounting Services, Management Consulting, VAT Advisory, Outsourcing Services, Project Financing, Payroll Process Outsourcing and taxation to our esteemed clients.
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