Business Setup in Dubai South Free Zone (DSF)

Dubai South is a free zone located in the southern part of Dubai, UAE. Formerly known as Dubai World Central, the area is a hub for logistics, trade, and aviation. It is one of the largest free zones in the region, covering an area of 145 square kilometers, and is strategically located near Dubai’s international airport and the Jebel Ali Port.

Advantages of a business setup in Dubai South Freezone

The Dubai South free zone offers a range of benefits for businesses looking to establish a presence in the UAE. These benefits include tax exemptions, customizable office space, and industry-specific benefits.

One of the key advantages of a company formation in Dubai South free zone is that foreign investors can own 100% of the business, without the need for a local sponsor or partner. This allows businesses to maintain full control over their operations and to benefit from the favourable business environment in Dubai.

Another advantage of a business setup in Dubai South free zone is the tax benefits it offers. Companies operating in the free zone are exempt from corporate and personal income taxes, as well as value-added tax (VAT) on goods and services. This can significantly reduce the cost of doing business in the UAE and increase profitability for businesses operating in the free zone.

In addition to tax benefits, Dubai South offers a range of customizable office space options, including serviced offices, flexi-desk arrangements, and virtual offices. This allows businesses to choose the space that best suits their needs and budget. The free zone also offers a range of support services to businesses, including visa processing, banking services, and administrative support.

Dubai South is strategically located near Dubai’s international airport and the Jebel Ali Port, making it an ideal hub for businesses looking to access global markets. The Dubai South free zone offers excellent transport links, with easy access to major highways and public transportation systems. This makes it easy for businesses to transport goods and personnel to and from Dubai South.

Another advantage of Dubai South is the efficient business setup process. The process of the Dubai South free zone business setup and obtaining a company license is relatively straightforward and can be completed quickly. The free zone offers a range of services to support businesses during the setup process, including visa processing, banking services, and administrative support.

Dubai South also offers a range of industry-specific benefits for businesses operating in sectors such as logistics, aviation, and trade. For example, businesses in the logistics sector can benefit from the free zone’s state-of-the-art logistics facilities and infrastructure. Dubai South also has a dedicated aviation district, which offers a range of services and facilities to businesses in the aviation sector, including maintenance, repair, and overhaul (MRO) services, and aircraft leasing and financing.

In addition to its industry-specific benefits, Dubai South is also an ideal location for businesses looking to network and collaborate with other companies in the region. The free zone is located near major business hubs such as Dubai International Financial Center (DIFC) and Dubai Internet City, making it easy for businesses to network and collaborate with other companies in the region.

Step By Step Process For Business Setup in Dubai South Free Zone:

Company Formation in Dubai South free zone is a straightforward process that can be completed in a few simple steps. The process involves several stages, including company registration, obtaining a license, and opening a corporate bank account. Here are the steps involved in setting up a business in Dubai South free zone:

Step 1: Choose your business activity

The first step in a company formation in Dubai South free zone is to choose your business activity. Dubai South free zone offers a wide range of business activities, including aviation, logistics, trade, and many more. It is essential to choose the right business activity that suits your business needs and objectives.

Step 2: Choose your legal structure

Once you have chosen your business activity, the next step is to choose your legal structure. Dubai South free zone allows businesses to set up as either a Free Zone Limited Liability Company (FZ-LLC) or a branch of an existing company. A Free Zone Limited Liability Company (FZ-LLC) is a separate legal entity, while a branch is an extension of an existing company.

Step 3: Choose your trade name

After choosing your legal structure, you need to choose a unique trade name for your business. The trade name should reflect the nature of your business activity and should not be similar to any other registered business name in the UAE.

Step 4: Submit your application

The next step in the process is to submit your application for registration. The application should include all the necessary documents, such as a copy of the shareholder’s passport, a business plan, and a no-objection letter from the current employer (if applicable).

Step 5: Obtain your Dubai South free zone license

Once your application has been approved, you can proceed to obtain your license. Dubai South free zone offers different types of licenses, depending on the nature of your business activity. These include commercial, industrial, and service licenses.

Step 6: Lease your office space

The next step in the process is to lease your office space. Dubai South free zone offers a range of customizable office space options, including serviced offices, flexi-desk arrangements, and virtual offices. You can choose the office space that best suits your needs and budget.

Step 7: Open a corporate bank account

Once you have obtained your Dubai South free zone license and leased your office space, the next step is to open a corporate bank account. Dubai South free zone has several banks that offer corporate banking services to businesses operating in the free zone.

Step 8: Obtain your visa

After opening your corporate bank account, the next step is to obtain your visa. Dubai South free zone offers a range of visa options, depending on the nature of your business activity and the number of employees you plan to hire.

Step 9: Register for VAT (if applicable)

If your business activity involves the sale of goods or services, you may need to register for Value Added Tax (VAT). Dubai South free zone offers support services to businesses to help them register for VAT and comply with the relevant regulations.

Step 10: Start your business operations

Once you have completed all the necessary steps, you can start your business operations in Dubai South free zone. The free zone offers a range of support services to businesses, including visa processing, banking services, and administrative support, to help them succeed in the UAE market.

Setting up a business in Dubai South free zone offers a range of benefits for businesses looking to establish a presence in the UAE. With its strategic location, tax benefits, customizable office space, and efficient business setup process, Dubai South is an ideal location for businesses looking to access global markets and grow their operations in the region. The free zone also offers a range of industry-specific benefits, making it an ideal location for businesses operating in sectors such as logistics, aviation, and trade.