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Establishing a company in Dubai South – advantages and costs

١٠ يناير Establishing a company in Dubai South – advantages and costs

Establishing a company in Dubai South represents an exciting opportunity to take advantage of the rapid urban development and thriving economic environment in the region. In cooperation with Itqan Company, we can provide the necessary support and guidance to facilitate the process of establishing the company and ensuring its success.

Dubai South is a strategic development area with a prime location and offering wide-ranging investment opportunities. Establishing a company in this region requires a thorough knowledge of local procedures and licenses.

Itqan Company is an experienced consulting company in providing business services in Dubai, and has comprehensive knowledge regarding company establishment procedures in Dubai South. The company provides a team of experts and professional consultants who efficiently deal with the challenges of establishing a company and ensure that legal and administrative requirements are met.

In cooperation with Itqan Company, you will receive the necessary support to determine the appropriate type of company and prepare the necessary documents for licensing. You will receive advice on the options available to achieve your business goals and provide the conditions required for success.

All documents and procedures will be reviewed and ensure specific requirements are met. The Company will provide necessary guidance on fees, deadlines and any relevant legal or regulatory updates.

Establishing a company in Dubai South requires cooperation with Itqan Company to ensure the provision of the necessary support and professional advice. You will benefit from extensive experience and knowledge to ensure that the incorporation process is carried out successfully, and that you achieve compliance with local laws and regulations.

In short, setting up a company in Dubai South represents an exciting opportunity in a thriving market. In cooperation with Itqan Company, you can benefit from comprehensive support and experience to establish a successful company in Dubai South.

Establishing

Advantages of establishing a company in Dubai South

Establishing a company in Dubai South provides many business advantages and benefits. Here are some of these features:

  • Strategic Location: Dubai South is located in a distinctive strategic location along Dubai\\\’s main road axis, making it easy to access international markets and its surrounding areas. It is also only a few kilometers away from Al Maktoum International Airport, which is one of the largest airports in the region.
  • Free Zone: Dubai South is considered a commercial free zone, which provides many advantages to companies registered there. These benefits include customs exemptions and reduced import and export duties, full ownership of the company without the need for a local partner, and no income taxes for up to 50 years.
  • Advanced Infrastructure: Dubai South has advanced infrastructure and modern facilities that support businesses. These facilities include an exhibition and conference centre, an air cargo and logistics area, specialized industrial areas, and residential and commercial areas.
  • Government Support: The Dubai Government provides strong support to companies registered in Dubai South by providing fast and efficient government services. Entrepreneurs enjoy the ease of dealing with government agencies and benefiting from programs and initiatives aimed at promoting business and providing an encouraging environment for innovation and growth.
  • Investment Opportunities: Dubai South provides various investment opportunities in areas such as logistics, industry, trade, hospitality and technology. Businesses can take advantage of the dynamic economic environment and large local market to achieve success and growth.

Establishing a company in Dubai South gives you outstanding opportunities for business success in one of the most modern and advanced regions in the United Arab Emirates. By exploiting unique advantages, you can build a successful business and take advantage of the opportunities available in the Dubai market and its surrounding areas. Your investment in Dubai South will contribute to strengthening your position in the local and global market and expanding the scope of your business.

In short, establishing a company in Dubai South provides you with access to a distinguished business environment, while obtaining government support, legal facilities and advanced infrastructure. Your investment in this region can be a gateway to your success and the fulfillment of your business ambitions.

Costs of establishing a company in Dubai South

The costs of establishing a company in Dubai South vary based on the type of company and business activity you wish to engage in. Here\\\’s an overview of some potential costs to consider:

  • Company Licenses: Establishing a company in Dubai South requires obtaining licenses from local authorities. These licenses can include a general business license, business office license, municipal license, and others. The cost of these licenses varies according to the type of company and activity practiced.
  • Registration fees: Establishing a company requires paying registration fees to the relevant regulatory body. These fees depend on the type of company, registered capital and services required.
  • Office Rental: Companies in Dubai South must provide a valid business address to register and rent an office or work space. Office rental costs vary based on the location of the office and the space required.
  • Registered Capital: Companies must determine the registered capital of the company. Requirements vary based on the type of company, as there can be a minimum registered capital required.
  • Advisory and legal services: You may need to obtain advisory and legal services to properly complete the incorporation procedures. The cost of these services varies depending on the service provider and the scope of work required.

It should be noted that this information depends on the current situation and may change over time. Therefore, it is recommended to contact competent authorities such as the Dubai Economic Development Authority (DED) or business law consultants to obtain updated and accurate information regarding the potential costs of establishing your company in Dubai South.

Legal

Legal documentation fees for establishing a company in Dubai South

Legal documentation fees for establishing a company in Dubai South

Legal documentation fees for establishing a company in Dubai South vary based on several factors, including the type of company, registered capital, and services required. The Dubai Economic Development Authority (DED) provides a schedule of fees and costs related to establishing companies and commercial activities in the Emirate of Dubai. Legal documentation fees may include the following items:

Registration fees: These fees include the costs of registering the company and notarizing the necessary documents. This fee is collected when submitting a registration application to the regulatory body.
License fees: In the case of companies that require special licenses such as companies specializing in financial services or industrial companies, there may be additional fees to obtain these licenses.
Legal Services Fees: If you decide to utilize legal consulting services to establish your company, additional fees will be charged when providing these services.
Proxy Office Fees: If you use a proxy office to assist with incorporation procedures, there may be fees involved.
It is important to ensure that you contact DED or your Dubai South business law consultants for updated and detailed information about the legal documentation fees currently applicable. The fee and cost schedule may change based on local developments and policies.

Our company\\\’s role in establishing a company in Dubai South

Establishing a company in Dubai South is an important and exciting step for entrepreneurs seeking to take advantage of the business opportunities available in this vital region. In cooperation with Itqan Company, we can facilitate the establishment process and provide the necessary experience and knowledge to ensure the success of the project.

The process of establishing a company begins with determining the appropriate type of company and determining the desired business activity. Then, the legal and regulatory aspects are dealt with, including obtaining the necessary licenses and notarizing legal documents.

By using Itqan Company\\\’s services, you can benefit from comprehensive experience and knowledge in the field of establishing companies in Dubai South. The company provides integrated consulting services including office arrangements, licensing, legal documentation and general support to clients.

Thanks to cooperation with Itqan Company, it is possible to avoid the challenges and obstacles that individual gambling may face in the process of establishing the company. Support and guidance are provided throughout the process, which contributes to accelerating incorporation procedures and achieving timely success.

In short, establishing a company in Dubai South in cooperation with Itqan Company represents an exciting opportunity to benefit from the thriving economic environment in Dubai and achieve expansion and success in your business. Itqan Company is a reliable and specialized partner that provides the comprehensive support and knowledge necessary to make your journey in establishing a company successful and fruitful.

Frequently asked questions about establishing a company in Dubai South

What is the basic cost of setting up a company in Dubai South?

The basic cost includes registration and licensing fees, trade name reservation fees, and necessary government approvals fees.

What are the additional costs of setting up a company in Dubai South?

Additional costs include rental contract fees, costs for work visas and accommodation for employees, legal and professional consulting fees, and insurance costs required depending on the type of business activity.

Are there additional fees for obtaining special approvals for some business activities?

Yes, some commercial activities require additional approvals from the competent authorities, such as health, educational and financial activities.

What are the rental costs for offices and commercial space in Dubai South?

Office and commercial space rental costs vary based on the size of the office, its location, and the services provided. Small offices are less expensive, while industrial and warehouse space are more expensive.

Are there annual fees to renew the commercial license?

Yes, there are annual fees for renewing the commercial license, which include administrative fees and licensing fees.

What are the legal documentation fees for establishing a company in Dubai South?

Legal documentation fees include the costs of preparing and documenting contracts and official documents required to establish the company.

Can the costs be paid in installments or must they be paid in full upon incorporation?

Normally the basic fees must be paid in full upon establishment, but some free zones may offer flexible payment options or instalments. It is best to check the available options when applying.