DUQE Freezone is a newly developed free zone located in Jebel Ali, Dubai. It was established in 2017 and spans over an area of 2.1 million square meters. DUQE Freezone aims to provide a world-class business environment for companies looking to set up their operations in Dubai. The free zone is strategically located near the Al Maktoum International Airport and Jebel Ali Port, making it an ideal location for businesses engaged in import and export activities.
Benefits of Business Setup in DUQE Freezone
There are numerous benefits to setting up a business in DUQE Freezone, including:
100% Foreign Ownership: Companies that set up their operations in the DUQE Free zone can enjoy 100% foreign ownership, allowing complete control over the business.
Tax Benefits: DUQE Free Zone provides tax exemptions for businesses operating within the free zone. This means that companies can operate their business without paying corporate and income tax for up to 50 years.
Strategic Location: DUQE Free Zone is located near Jebel Ali Port, which is one of the busiest ports in the region. This strategic location provides easy access to the regional markets of Asia, Africa, and Europe.
World-Class Infrastructure: DUQE Free Zone provides world-class infrastructure for businesses, including modern office spaces, advanced telecommunication systems, and 24/7 security.
Simplified Business Setup Process: DUQE Free Zone business setup process is simplified, making it easier for companies to establish their operations in Dubai.
Business Support Services: DUQE Free Zone provides a range of support services to businesses, including administrative support, legal services, and assistance with visas and work permits.
Setting up a business in the DUQE Free zone involves the following steps:
Choose a Business Activity: The first step in setting up a business in the DUQE Free zone is to choose a business activity. DUQE Free Zone allows businesses to operate in a wide range of sectors, including trading, manufacturing, and services.
Choose a Legal Entity: Companies can choose to set up a Free Zone Limited Liability Company (FZ-LLC) or a branch of an existing company in the DUQE Freezone. FZ-LLC requires a minimum of one shareholder and a maximum of 50 shareholders.
Register Your Business: The next step is to register your business with the DUQE Free Zone authority. This involves submitting an application form and providing the necessary documents, such as passport copies and business plans.
Obtain Necessary Licenses: After registering your business, you will need to obtain the necessary licenses to operate your business in the DUQE Free zone. This includes obtaining a trade license and other permits, depending on your business activity.
Lease Office Space: Companies must lease office space within DUQE Free zone to operate their business. The free zone provides a range of office spaces to suit different business needs.
Open a Bank Account: The final step is to open a bank account in Dubai to facilitate business transactions.
DUQE Free Zone offers a range of benefits to businesses looking to establish their operations in Dubai. With its strategic location, world-class infrastructure, and simplified business setup process, DUQE Free Zone is an ideal choice for businesses engaged in import and export activities. The tax benefits and 100% foreign ownership also make it an attractive option for businesses looking to maximize their profits and maintain complete control over their operations.
The process of setting up a business in the DUQE Free Zone is straightforward and can be completed within a few weeks. The free zone provides a range of support services to businesses, making it easier to navigate the process of setting up a business in Dubai. The simplified process, combined with the world-class infrastructure and strategic location, makes DUQE Freezone an excellent choice for businesses looking to expand their operations in the region.
The DUQE Free Zone is an excellent choice for businesses looking to set up their operations in Dubai. With its numerous benefits, simplified process, and range of support services, it offers an ideal business environment for companies looking to expand their operations in the region. If you are considering setting up a business in Dubai, DUQE Free Zone is definitely worth considering.