Dubai Design District
The Dubai Design District (D3) is regulated by Dubai Technology and Media Free Zone Authority, an independent regulatory platform. This free zone is certainly a one-of-a-kind ecosystem that nourishes the up-and-coming brands in fashion, retail and luxury.
Benefits of Setting Up a Business in Dubai Design District Free Zone
Types of Entities in Dubai Design District Free Zone
1. Free Zone Limited Liability Company (FZ-LLC)
This is a wholly owned company or, in simple words, and independent legal entity. This type of entity is required to have at least 1 director.
2. Branch Office of a UAE Company
This is not a separate legal entity and conducts all or some of the operations inherent in its parent company’s business.
3. Branch Office of a Foreign Company
This is 51% locally owned with no prerequisite for a minimum share capital. A branch office may conduct all or some of the operations inherent in its parent’s business.
4. Freelance Permit
Having this type of license offers an individual the ability to operate as a freelance professional. It enables the practitioner to conduct a business under the birth name, as opposed to a brand name.
Types of Licenses Available in Dubai Design District Free Zone
There are 2 types of licenses available in Dubai District Free Zone:
How to Set Up a Business in Dubai Design District Free Zone?
There are a lot of investors looking to set up a business in Dubai free zone known for design and innovation-oriented people – the D3 free zone. Besides, who wouldn’t want to join a community that provides space, collaboration and opportunities for creative minds across the region and attracts exceptional talent from around the world? The UAE has been carefully developing a creative ecosystem that surpasses the expectations attached to a typical creative neighborhood. The procedure to set up a business in this free zone is the same as in any of the other free zones. To incorporate a company in Dubai Design District free zone, you need to have any one of the above-mentioned licenses.
Why Set Up a Business in Dubai Design District Free Zone?
Dubai Design District free zone is a place where bohemians can live, work, and play. Where aspiring designers can cut their teeth and learn their trade, where local talent can work along with international designers, artists, and fashion houses. It is, at its heart, a place where creative minds can come together to realize their dreams. For the thousands of artists, fashion designers, and creative minds across the region, there has been a desperate need for a creative living community, and they have gotten it through Design District free zone. Apart from these benefits, other reasons as to why one should set up business in this free zone are:
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