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?
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.
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.
Additional information such as birth certificates, business plans, letters of undertaking and 3 month bank statements may be required