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Establishing a company in the Dubai World Central Free Zone

١٧ فبراير Establishing a company in the Dubai World Central Free Zone

There are some investors who want to establish a company in the Dubai World Central Free Zone because the free zones in Dubai, led by Dubai World Central, enjoy a reputation as thriving investment centers. Establishing a company in the free zone is an attractive opportunity for investors who seek to benefit from many… A strong advantage offered by this environment is a sophisticated business.

Dubai World Central is considered one of the largest free zones in the world, providing advanced infrastructure and exceptional facilities for companies residing there. It extends over a wide area and includes a major international airport, industrial and logistics areas, business and trade areas, and research and development facilities.

In addition, you can obtain the services of Itqan Company by communicating with its work team, which is considered one of the best experts in the field of establishing companies and investment in Dubai .

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Establishing a company in Dubai World Central

Establishing a company in Dubai World Central offers exciting and exciting opportunities in one of the most prominent free zones in Dubai. Dubai World Central is a global business hub where entrepreneurs and international companies flock to take advantage of the advanced business environment and unique economic advantages the region has to offer.

Dubai World Central has many competitive advantages, starting with its central, strategic location close to Dubai International Airport, which facilitates access to global markets. The region also has a modern and advanced infrastructure, including logistical and commercial facilities and advanced information and communications technology facilities.

In addition, Dubai World Central provides encouraging policies and legal facilities for companies, such as tax exemptions, full ownership by foreigners, and no restrictions on transferring profits. These policies enhance the region\\\’s attractiveness for investment and promote economic growth.

Once established in Dubai World Central, companies can benefit from the diverse local environment and potential customers present in the region. It also provides access to a wide network of international companies and business opportunities available in Dubai, which contributes to expanding the scope of work and achieving success and sustainable growth.

In short, establishing a company in Dubai World Central is a unique opportunity to take advantage of the dynamic business and commercial environment of this leading free zone. Investing in this region provides companies with the opportunity to achieve success and growth in a highly competitive global market and multiple investment opportunities.

Steps to establish a company in the free zone

Establishing a company in Dubai World Central is a successful strategic step to benefit from the distinguished business environment in this leading free zone in Dubai. Dubai World Central provides a developed environment and an encouraging investment climate that provides many advantages and business opportunities. The following are general steps that can be followed to establish a company in Dubai World Central:

  • Market study and business selection: Conduct a market study and analyze the business opportunities available in the Dubai World Central area. Determine the business you wish to engage in and check the licensing requirements and local legislation related to that activity.
  • Choosing the legal type of company: Decide on the legal type you wish to establish, whether it is a joint stock company, a limited liability company, or a company in free zones. Determine the ownership and responsibility structure that best suits your business needs and goals.
  • Choosing and registering a company name: Choose an appropriate name for your company and check its availability and registrability according to local regulations. It may be necessary to obtain prior approval for the company name from the relevant authorities.
  • Company incorporation and licenses: You may need to obtain specific licenses and approvals to establish a company and conduct business in Dubai World Central. This may include company licensing, occupational licenses, building permits, and other required licenses.
  • Establishing the organizational and administrative structure: Determine the organizational structure of your company and appoint appropriate officials and employees. Develop internal and organizational policies and procedures that ensure the effectiveness and smooth operation of the company.
  • Opening a bank account: Open a bank account for the company in one of the approved banks in Dubai. Make sure to complete all documents and requirements required to open the debit account.
  • Obtaining a work visa: If you intend to live and work in Dubai World Central, you will need to obtain the appropriate work visa. You may need to use a consulting firm or a specialized lawyer to assist with visa and residency procedures.
  • Getting started and marketing: After completing all legal and administrative procedures, you can start doing your business in Dubai World Central. Develop marketing and promotion strategies to attract customers and build a good reputation for your company.

In short, establishing a company in Dubai World Central requires a set of procedures and licenses that must be followed. By taking advantage of the economic and business advantages this free zone offers, your company can grow and thrive in Dubai\\\’s dynamic business environment and benefit from a diverse local and global customer base.

How can you establish a company in the free zone?

Establishing companies in the free zones in Dubai is much easier than establishing a company inside Dubai, as it can be 100% owned by any nationality, and the presence of a partner or sponsor who is a citizen of the UAE is not required, as the company is registered as a free zone establishment or it is a company belonging to The free zone or a branch or representative office in the free zone in Dubai. In this case, the main company may be outside the Emirates.

It is not required to be within the Emirates. Companies located within the free zone are regulated through the authority responsible for the free zone, which issues any licenses to the company. This is based on the location of the free zone and the activity it carries out. The type of license issued by the responsible authority varies according to the commercial activity and can Establishing a company in the free zone by following some steps, including:

  • Choose the company\\\’s location
  • Agreeing on the trade name, as it is the name that distinguishes one company from another.
  • Obtaining the company\\\’s business license.
  • Obtaining initial approval to start work.
  • Commercial license registration.
  • Complete and obtain the commercial license requirements.

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    Steps to establish a company in the World Central Free Zone

     

Establishing a company in the free zone

The UAE is distinguished by the fact that it has more than 40 free zones in addition to some areas that are being established. Therefore, establishing a company in a free zone is one of the difficult matters facing the investor, as it is difficult to choose between many areas. Therefore, Kaber Company, through its great experience in business management, undertakes By helping many investors choose the appropriate free zone for their commercial activity, it also helps in establishing and establishing a company in the free zone in the shortest time and at the lowest costs.

Advantages of establishing a company in the free zone

Establishing a company in the World Central Free Zone provides many important advantages that encourage investment and enhance business success. Here are some key advantages:

  1. Tax Exemptions: World Central Free Zone is a tax-exempt zone, which means that companies based in this zone enjoy significant tax exemptions, including exemption from income tax, value-added tax, and customs duties.
  2. Full foreign ownership: The World Central Free Zone allows foreign companies to obtain full ownership of the company without the need for a local partner. This gives foreign investors the freedom to implement their business vision and full control over the management of the company.
  3. Ease of establishment and operation: World Central Free Zone provides easy and simplified establishment procedures for companies, which helps speed up the establishment and start-up process. The region also provides institutional, administrative and logistical support services, such as legal advice and assistance in obtaining work permits and licenses.
  4. Access to a global market: World Central Free Zone is strategically located close to Dubai International Airport and major seaports, providing easy access to global markets. With the advanced infrastructure and logistical facilities available, companies can expand their business and export their products and services efficiently and easily.
  5. Advanced Infrastructure: World Central Free Zone provides advanced infrastructure and high-quality facilities, including advanced ICT facilities and logistics and commercial facilities. This helps facilitate the daily operations of companies and enhance their efficiency and competitiveness.
  6. Benefit from the business network: World Central Free Zone is home to many international and local companies and institutions in various sectors. Establishing a company in this region provides access to a wide network of potential companies and clients, which contributes to expanding the customer base, achieving business cooperation and developing strategic partnerships.

In conclusion, by choosing to establish a company in the free zone in cooperation with Itqan Company, you seek to build a bright future for your business. By benefiting from the experience and expertise of Itqan Company, you can avoid the obstacles and problems that you may face in the process of establishing the company on your own.

This step is a smart investment in the success of your business, as you will receive specialized and integrated support covering all aspects of establishing and managing the company in the free zone. Thanks to this partnership, you can focus on developing and growing your business with confidence, while reassuring that you are working with a professional team that strives to support your success and business growth.

The most frequently asked questions about establishing a company in the Dubai Free Zone

What is the World Central Free Zone in Dubai?

World Central Free Zone is one of the free zones in Dubai, and is considered one of the largest free zones in the world. It is located in a strategic location near Dubai International Airport and provides an advanced commercial environment and economic advantages for companies.

What are the main advantages of establishing a company in the World Central Free Zone?

Establishing a company in the World Central Free Zone offers many advantages, including tax exemptions, full foreign ownership, easy incorporation procedures, easy access to global markets, advanced infrastructure, and benefiting from a business network.

Can foreign companies obtain full ownership of the company in the World Central Free Zone?

Yes, the World Central Free Zone allows foreign companies to obtain full ownership of the company without the need for a local partner. Foreign investors can take advantage of this advantage to implement their business vision and have full control over the management of the company.