Establishing a company in Dubai South represents an important strategic step for businessmen and investors who are looking for a developed business environment and promising growth opportunities in the global business market. This region has a number of features that make it an ideal destination for establishing and operating companies efficiently. In this article, we will learn about the advantages of establishing a company in Dubai South.

One of the most prominent advantages of establishing companies in Dubai South is the advanced infrastructure that includes world-class shipping and distribution facilities, and a strategic location close to Al Maktoum International Airport, which facilitates international transportation and distribution operations. The area also provides modern office spaces and warehouses equipped with the latest technology, which facilitates operations and increases business efficiency.

In addition, Dubai South offers a flexible investment environment and facilitating trade laws, with no taxes on corporate profits and capital gains for up to 50 years, making it one of the most attractive economic regions in the region. These tax and financial incentives attract investors and enhance companies’ competitiveness in the global market.

In addition, Dubai South provides a supportive business environment that includes integrated consulting and logistics services, as well as incentives for emerging and innovative companies. These factors contribute to enhancing the growth of companies and expanding their business, making establishing companies in Dubai South a strategic and rewarding option for investors wishing to exploit growth and expansion opportunities in the regional and global market.

Establishing a company in Dubai South

Establishing a company in Dubai South is considered an important strategic step for those wishing to benefit from an advanced business environment and promising investment opportunities. Here are general steps for establishing a company in this region:

• Choosing the type of company: First of all, you must determine the type of company you want to establish, whether it is a joint stock company, a limited liability company, or any other type that suits your goals and business requirements.
• Choosing a company name: Choose a unique and appropriate name for your company, and make sure that it complies with the laws and regulations of Dubai South and does not conflict with existing company names.
• Determine the business activity: Determine the business activity that your company will undertake, and ensure that it complies with the laws of the country and the laws of Dubai South.
• Identify shareholders and shares: If your company is a joint stock company, you must identify shareholders and their shares in the company’s social capital.
• Preparing the necessary documents: Prepare the legal documents required to establish the company, such as the constitutional agreement, establishment permission, and administrative decisions.
• Submitting a registration application: Submit the company registration application to the relevant authorities in Dubai South, and pay the required fees.
• Obtaining licenses and permits: After accepting the registration application, obtain the necessary licenses and permits to conduct your business activity in the region.
• Opening a bank account: Open a bank account for your company in one of the approved banks in Dubai South, and submit the required documents.
• Starting work: After completing all the previous steps and obtaining the necessary approvals, you can start conducting your company’s business in Dubai South.

Establishing a company in Dubai South requires compliance with many legal and administrative procedures, so it is advisable to cooperate with the expert consultants of Itqan Company to ensure that all requirements are met correctly and properly.

Types of companies that can be established in Dubai South

Dubai South Free Zone provides many tax benefits for companies established there, including:

• No income tax: Companies located in the Dubai South Free Zone are usually exempt from paying income tax on profits made within the zone.
• No Value Added Tax (VAT): Under current legislation, Value Added Tax (VAT) is not charged on goods and services within the free zone.
• No customs duty tax: Companies in the free zone often enjoy exemption from paying customs duties when importing and exporting goods.
• No inheritance and gift tax: Companies are often exempt from paying inheritance and gift tax when transferring ownership or focusing on hereditary clearance.
• No capital gains tax: Companies are usually exempt from paying capital gains tax when they make profits from investments and assets.
• Protection from tax changes: Free zones provide tax stability, allowing companies to safely plan financial and investment without sudden changes in taxes.

Please note that these benefits may vary between different free zones in Dubai, and may change with time and the development of tax legislation and policies, so you are always advised to check current tax regulations and contact us for accurate advice before making any investment decisions.

Licenses and licenses necessary to operate companies in Dubai South

To operate businesses in the Dubai South area, the licenses and licenses required vary depending on the type of business activity and company structure. However, there are some basic licenses and licenses that may generally be required:

1. Commercial License: This license is the basic one and allows the company to conduct business in the region.
2. Building license: If the company works in the field of construction and engineering, it may need a building license from the competent authorities.
3. Industry license: If the company operates in the industrial sector, it may need a special license to practice its activity.
4. Professions license: If the company provides professional services such as medicine, law, or engineering, it may need a professional license from the relevant authorities.
5. Work Permits: To employ labor, appropriate work permits must be obtained in accordance with local labor laws.
6. Export and import license: If the company deals with the export or import of goods, it may need a license from the relevant authorities.
7. Environmental and Health Licenses: Licenses may be required to comply with area environmental and health standards.
8. Operating license: An operating license must be obtained proving that the company meets all conditions and requirements to start work.

 

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At the conclusion of this article, we look forward to highlighting the importance of cooperation with Itqan Company in establishing companies in Dubai South. Dubai South represents one of the most important economic regions in the United Arab Emirates, providing a developed investment environment full of opportunities for businessmen and investors.

In cooperation with Itqan Company, investors can benefit from its extensive experience in establishing companies in Dubai South and assist in all the necessary steps to successfully start a business. The company provides comprehensive services that include providing advice in choosing the appropriate type of company, preparing the necessary documents, and assistance in obtaining the necessary licenses and permits to operate in the region.

Furthermore, Itqan provides customized consulting services to new and innovative companies, helping them grow and expand in the Dubai South market and beyond. The company also provides advanced logistical and technical services that facilitate production and distribution operations with high efficiency.

In short, cooperation with Itqan Company is a crucial step for investors who want to establish their companies in Dubai South, where they can benefit from integrated services and distinguished support that contribute to the success of their business and achieving sustainable growth in the regional and global market.

 

Frequently asked questions about establishing a company in Dubai South

What are the basic steps to establish a company in Dubai South?

• Determine the type of company and its structure.
• Choose a company name and ensure it complies with local laws.
• Submit the required documents for registration and obtain the necessary licenses.

What are the different types of companies that can be established in Dubai South?

• Public and private joint stock companies.
• Limited liability companies.
• Solidarity companies.
• Sole proprietorships and other trading companies.

What are the tax advantages of establishing a company in Dubai South?

• Not imposing income tax on profits made within the region.
• No value added tax (VAT) is imposed on goods and services within the region.
• No customs duty tax is imposed upon export and import.
• No inheritance or gift tax is imposed upon hereditary transfer.

What licenses are required to operate companies in Dubai South?

• Business license. Work permits for workers.
• Environment and health licenses.
• Building and industry permits by type of activity.

What are the investment benefits of establishing a company in Dubai South?

• Access to a large and diverse target market.
• Advanced facilities and infrastructure.
• Tax exemptions and policies encouraging investment.
• Government support and flexible business laws.