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Dubai World Trade Centre Free Zone

 

Dubai World Trade Centre (DWTC) free zone was started with a view to providing an effective, competitive, and well-regulated business ecosystem to compete effectively in local and international markets. The free zone is under the jurisdiction of the Dubai World Trade Center Authority (DWTCA) and enjoys corporate body status, financial and administrative autonomy and full legal power to carry out its duties and activities. The World Trade Center free zone has a strategic location like the iconic World Trade Center and the adjoining Dubai Trade Center District. From an investor’s point of view, this free zone provides strong incentives for businesses to use Dubai as a springboard to enter a local or the international market. Its primary focus on hospitality, entertainment, and amenities within a periphery make Dubai World Trade Center free zone a complete, convenient, and connected business environment.

Benefits of Setting up a Company in Dubai World Trade Centre

  • - 100% foreign business ownership
  • - 100% foreign ownership
  • - 100% capital repatriation
  • - Zero income tax and corporate tax for 50 years, and renewable after that
  • - No export tax
  • - No restraints over capital nationality
  • - Freedom of choosing from multiple options for legal operating structures
  • - Flexibility to determine the price of services or products and the profit margin desired
  • - Stable and clear regulation
  • - No restriction on currency and repatriation of funds
  • - No restriction on hiring foreign employees
  • - One-stop shop service that provides business partners with a variety of government services, including company registration, licensing, visa and other services
  • - Stable and clear regulation

Types of Business Licensing Options in Dubai World Trade Centre

There are 3 types of licenses available in Dubai World Trade Centre

1. Commercial License

It allows import and export, trading of various goods and services. This free zone has not yet started providing warehouse facilities.

2. Consultancy License

It allows professionals resourcing and consultancy./p>

3. Media License

It includes media operations like an advertisement, marketing, and communication.

Why Set Up a Business in DWTC Free Zone?

Dubai World Trade Centre Authority (DWTCA) provides an effective and well-regulated business ecosystem to establish your business. The free zone is well-connected via the Dubai Metro, road network and Dubai International Airport. With leasing and licensing opportunities available now across the DWTC and DWTC District, the free zone provides an incentive for multinationals to enter the local and regional markets. The DWTC Authority deploys internationally-benchmarked legislative policies and operational procedures in collaboration with government authorities. The DWTC Authority free zone offers an enhanced incentive for businesses to establish their permanent representation within the free zones.

Contact us to set up your business in Dubai World Trade Centre Free Zone, our team will be glad to assist you!

For more information and enquiries, please (Contact Us) at  00971558879700 or email us at info@sterlingheightsuae.com

   

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