“Dubai South free zone”
The Land of Expo 2020
Dubai World Central Name changed to the Dubai South Free Zone is the development currently under construction in Dubai, United Arab Emirates. It will be an economic zone to support a number of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and other related businesses around Al Maktoum International Airport with the planned annual capacity of 12 million tonnes of cargo and 160 million passengers. The construction area is 140 square kilometres, almost two times the size of Hong Kong Island.
While all free zones may offer certain advantages to entrepreneurs, such as zero taxes on individuals and corporates, 100% company ownership, no currency restrictions and many other features, it is not true to say that all are the same as each also offers up its own range of benefits that differ slightly from others in the region.
So, what are the advantages that may lead you to start a business activity in Dubai South free zone?
Key Benefits of Dubai South free zone
master Plan of Dubai south free zone
Aviation District
Integrated Aviation Eco System The 6.7 sq. km. Aviation District dedicated to the aviation sector. It has designated free zone areas for MROs, FBOs, light industries, education and R&D sectors. The District is also the permanent home of the DUBAI AIRSHOW, the MIDDLE EAST BUSINESS AVIATION SHOW and the VIP TERMINAL.
Logistics District
The 21 sq. km. Logistics District is a multimodal platform for companies affiliated to the supply chain. Granting seamless sea-road-air connectivity, the district offers build-to-suit as well as ready-to-use facilities designed to serve contract logistics, integrators, freight-forwarders and agents. Airside access to the Al Maktoum International Airport facilitate air cargo operations. There are also zones reserved for mixed-use development.
Business Park
The Business Park Free Zone at Dubai South offers flexible office spaces suited to every need – from start-ups to SMEs and large corporations – in diverse sectors. It also features a BUSINESS CENTER that offers a 360-degree office solution outlook around the clock. Master Plan
Advantages of Dubai south FZ
- 100% tax free operations for Dubai south free zone.
- Full foreign owner ship
- 100% repatriation of capital as well as profits is allow in Dubai south free zone.
- At this point let me tell you one more benefit; for which clients are very keen for Dubai south. Or you can say one more strong point which you need to keep in mind. And I think it is the most key point for free zone. That is 0% tax as well as no duty tax for import and export.
- flexible commercial lease terms
- wide range of business activities are available free zone clients.
- Also minimum documentation to setup business in Dubai south.
- A direct access to Jebel Ali Sea Port and also to Al Maktoum Airport
- No proof of share capital as well as no currency restrictions
- Competitive rates for set up company in Dubai south.
- State of the art facilities
Types of licenses available in Dubai south FZ
- Industrial License: this kind of license is use for light manufacturing activities.
- Logistics License: this kind of license is only issue in the Logistics District; that is for logistics services.
- Trading & General Trading License: For import; export, distribution and storage of specific products specified in the License; and also sale of the products within the UAE market through a local distributor.
- Service License: For services specified in the License within the Dubai south freezone and elsewhere in the UAE.
- Education License: this kind of license is use for educational and social services; educational and training, and educational consultancy services.
- Education License: this kind of license is use for educational and social services; educational and training, and educational consultancy services.
Documents Required for Dubai south FZ
- Passport copy
- UAE entry stamp/visa copy
- Phone number
- Email address
- Residence and correspondence address
- Shareholding ratio
- Company name
Additional information such as birth certificates, business plans, letters of undertaking and 3 month bank statements may be required
