Establishment of a company in Dubai South

Dubai South is considered one of the most prominent investment destinations in the United Arab Emirates, offering unlimited opportunities for investors and entrepreneurs. Dubai South is strategically located directly connected to Al Maktoum International Airport and Jebel Ali Free Zone, making it a major transportation, logistics and trade hub. Establishing a company in Dubai South offers investors numerous advantages, including advanced infrastructure, tax exemptions, and low operating costs compared to other regions.

Dubai South is distinguished by its modern and sustainable planning that focuses on creating an ideal work environment that supports growth and development. Projects in Dubai South include industrial and commercial areas and logistics facilities, providing ample opportunities for a variety of business activities. Companies that choose to establish in this region benefit from special incentives such as reduced licensing fees and strategic opportunities to expand into international markets.

Establishing a company in Dubai South requires adherence to some basic procedures, such as choosing the appropriate type of company, preparing legal documents, and obtaining the necessary licenses. The regulatory environment in Dubai South is flexible and efficient, making it easy for investors to start their activities quickly and efficiently. By taking advantage of these advantages, new companies can enjoy strong government support, an integrated logistics network, and a business environment that encourages innovation and growth.

Ultimately, Dubai South provides an ideal business environment characterized by stability and dynamism, making it the ideal choice for investors wishing to establish successful and prosperous companies in the Emirates.

What is Dubai South?

Dubai South is one of the most prominent development areas in the Emirate of Dubai, as it is considered an ambitious project aimed at promoting economic growth and sustainable development in the region. Dubai South is located south of Dubai and contains a variety of large projects that include industrial, commercial and residential areas. This region is distinguished by its strategic location close to Al Maktoum International Airport, which is considered one of the largest airports in the world in terms of capacity, which enhances its ability to attract global investments and facilitate the movement of goods and passengers.

Dubai South is designed to be an advanced business and trade centre, providing an integrated environment that combines economic activities, logistical facilities and modern infrastructure. The region includes a group of free zones that provide integrated facilities for companies, including tax exemptions and business incentives, making it an attractive destination for investors from various sectors. Dubai South projects include advanced residential developments, such as modern residential complexes and entertainment facilities, that aim to improve the quality of life for residents and provide an ideal business environment for investors.

Dubai South is part of Dubai Vision 2021, which aims to promote innovation and a sustainable economy, and serves as the future gateway towards further economic and commercial developments in Dubai. By offering an advanced environment and integrated facilities, Dubai South contributes to achieving Dubai’s ambitious vision to make it a world-leading destination in the field of business and investment.

Conditions for establishing a company in Dubai South

Establishing a company in Dubai South requires adherence to a number of conditions and procedures to ensure compliance with local regulations and ensure a smooth start-up of business. Here are the most important conditions for establishing a company in Dubai South:

1. Determine the type of company: Determine the type of commercial activity and the legal form of the company, whether it is a limited liability company, a joint stock company, or another type.
2. Required licenses: Obtain the appropriate commercial license from the Dubai South Free Zone Authority, which is consistent with the type of planned commercial activity.
3. Site selection: Securing office space or an industrial facility in the Dubai South area, and adhering to site-specific requirements such as space and environment.
4. Submitting documents: Preparing and submitting basic documents such as passports of the founders, articles of incorporation, and certificate of incorporation from parent companies in the case of branches.
5. Local agent: If the company’s activity requires a local agent, an authorized local agent must be appointed in accordance with legal requirements.
6. Compliance with Laws: Ensure compliance with all local laws and regulations, including labor, health and safety laws.
7. Opening a bank account: Opening a bank account in the name of the company in one of the approved banks in Dubai.
8. Visa insurance: Obtaining work visas for employees, which include investor and manager visas.
9. Insurance: Providing insurance for buildings, assets and employees as required.
10. Fees: Payment of fees associated with the company’s licensing and registration procedures, which may include licensing fees, rental fees, and any additional fees related to administrative services.

Documents required to establish a company in Dubai South

Establishing a company in Dubai South requires submitting a set of basic documents to ensure that all legal and procedural requirements are met. Below is a list of documents typically required to establish a company in Dubai South:

1. Incorporation application: The registration application form provided by the Dubai South Authority, which includes basic details about the company and its activity.
2. Articles of Association: A copy of the Articles of Association or Partnership Contract that specifies the company’s structure, objectives, and ownership percentages.
3. Passports: Color copies of passports of the founders and key managers of the company. Passports must be valid.
4. Certificates of incorporation: For foreign companies, certificates of incorporation from the parent company, and a copy of the original business license, must be submitted.
5. Establishment decision: If the company is a branch of a foreign company, a decision is required from the board of directors of the parent company to establish a branch in Dubai South.
6. Lease Contract: A lease contract for a business location in Dubai South, stating the company’s address and area.
7. Permits and Licenses: If the company requires special permits or additional licenses to conduct its activities, the required documents must be submitted.
8. Insurance: Proof of insurance coverage for buildings, assets and employees as required.
9. Business Planning: Submitting a business plan that explains the company’s goals, activities, and financial expectations.
10. Authorizations: Authorizations from the relevant owners or managers to handle administrative and financial procedures on behalf of the company.

Advantages of establishing a company in Dubai South

The Dubai Answer Zone 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.

Costs of establishing a company in Dubai South

Establishing a company in Dubai South requires considering a range of costs associated with the process. These costs usually include:

1. License cost: The cost of obtaining a business license from Dubai South, which varies based on the type of company and business activity.
2. Office Rent: The cost of renting office space in Dubai South can vary depending on the size and location of the office.
3. Government fees: These include the various fees that may be imposed by government agencies for issuing licenses and approvals.
4. Incorporation services: Fees for consulting and legal services you may need to register the company, such as preparing documents and handling legal procedures.
5. Insurance: The cost of insuring the company and property, which is required to ensure the protection of assets and employees.
6. Financing and Guarantees: You may need to provide some financial guarantees or initial financing to cover initial operating expenses.
7. Taxes and additional fees: There may be additional taxes or fees depending on the type of activity and the location of the company.

At the conclusion of the journey of establishing a company in Dubai , we find that the process, despite its potential complications, offers broad and ambitious opportunities for investors and entrepreneurs. Dubai, with its economic diversity and advanced infrastructure, provides a favorable and encouraging environment for businesses of all types. Following the right steps and providing the required documents can greatly facilitate the incorporation process, leading to business stability and growth in a competitive and thriving market.

Incorporation begins by determining the type of company and its activity, followed by collecting the required documents and submitting the application to the competent authorities, such as the Department of Economic Development or free zones. It is also necessary to understand the legal and financial requirements related to the business, to ensure compliance with local regulations and obtain the appropriate license.

The benefits are not limited only to the thriving economic environment, but also include the competitive advantages that Dubai provides, such as modern infrastructure, access to global markets, and distinguished banking services. Dealing with a consulting office or specialized service company can have a significant positive impact in speeding up procedures and avoiding potential errors.

Dubai is an ideal destination for business due to its strategic location, the facilities it offers, and the customs and tax advantages, making it a preferred choice for investors from all over the world. In the end, after completing all procedures and establishing the company, a new chapter of success and expansion begins, where the efforts made can turn into a prosperous and promising reality in the heart of one of the most vibrant cities in the world.

The most important frequently asked questions about establishing a company in Dubai South