Dubai World Central – DWC Company Setup
Dubai World Central (DWC) is recognised as the first purpose-built aerotropolis in the world. The DWC has been designed and outfitted with the most modern-day tools and facilities complete with strategic benefits for organisations operating in a number of different industries. DWC is positioned next to Al Maktoum International airport, and is located close by to Jebel Ali Port, thus meaning seaport–airport connectivity at the very best it can be. DWC has also undergone the design process with the inclusion of a significant workforce comprising more than 900,000 individuals. In addition, the development will benefit from quick and easy access to a large number of highways and roads, as well as a light rail system and the Dubai Metro. Along with the most up-to-date smart technology facilities and infrastructure, DWC has been developed in mind of ensuring it is the most well developed free zone of its type.
Benefits of a company formation in DWC Dubai:
- 100% foreign business ownership
- 0% tax rate
- 100% capital repatriation
- A regulated licensing environment offering a full range of business activities
- Strategic location in the heart of New Dubai, next to Al Maktoum International Airport with access to Jabel Ali Port.
- Wide variety of adjustable office spaces.
- Purpose-built infrastructure and unique Worldwide centre.
Office space & amenities for a Dubai South business setup
Every DWC company must have a registered office. DWC offers different solutions, starting from a Flexi Desk facility to fitted or unfitted office spaces in the DWC Business Park.
After the incorporation, license and establishment card have been issued, the company can apply for a renewable 3 years UAE residency permits/visas for shareholders and employees. If the company has a Flexi Desk arrangement, it is entitled for 2 visas, while in the leased office arrangement, 1 visa is allocated for each 8 square meters of leased office space.
Following to the successful process of the visa application, the client should enter the UAE to complete the medical test procedures and get the residency permit stamped on their passport. The process normally takes between five to seven working days to be completed. Corporate House staff ensures our clients will complete the DWC company formation process in the least painful and most effective way.
After the issuance of the visa, the visa holder can sponsor their direct family immediately. It has to be noted that a UAE resident needs to visit the UAE at least once every six months to ensure the validity of the visa.
Each Free Zone company must have one or more independent auditors to prepare its audit report. The report should be kept in their registered office to be available for inspection.
DWC does not require the capital to be paid up front, thus the bank account can be opened at a later stage after the incorporation. Corporate House can assist with this for an extra fee.