Dubai Design District Free Zone Company Formation

Business Setup Services | Dubai Design District Free Zone

Located in the heart of the city Dubai Design District was launched in the year 2013 by the UAE Prime Minister and the Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum. Dubai Design District was built to help to nourish the local talent and provide a place to develops and expand their creativity. D3 is a Free Zone has become a place for global design and fashion hub and taps into the huge potential of the local business industry. Also known as D3, the free zone is home to companies large and small, from local boutique design studios to prestigious global fashion houses. The market plays a key role in the popularity of D3, with the fashion and design industries booming in the region. The success of Design District Dubai also comes from the geographical location is next to the Business Bay area of Dubai in the center of the city and close to the Dubai Mall very strategically placed.

Independent regulatory platform Dubai Technology and Media Free Zone Authority regulate Dubai Design District. This free zone is certainly a one of a kind ecosystems that nourishes the up-and-coming brands in fashion, retail and luxury.

Advantages of Business in Dubai Design District

  • 0% personal income tax
  • 0% corporate tax for the first 50 years
  • No restrictions on hiring foreign clients
  • No currency restrictions
  • No limit on profits and capital repatriation
  • Ideal for start-ups
  • Simple laws and legal framework
  • For freelance permits for artists and designers you get special licensing
  • At D3 you get international designers from all over the world creating opportunities and educating the new talent
  • 100% foreign ownership

Business in Dubai Design District

1. Limited Liability Company

LLC is a company you can fully own and independent legal entity. You need at least 1 director in order to open an LLC.

2. Branch Office of a UAE Company

A branch is not an independent company business activity are controlled by the parent company.

3. Branch Office of a Foreign Company

In order to open a branch foreign company 51% share capital need to locally owned. An office can conduct all or some of the activities as per parent company.

4. Freelance Permit

With a freelancing license you can work as per your own wish take project and choose flexible working hours. It enables the practitioner to conduct business under the birth name, as opposed to a brand name.

Licenses in Dubai Design District

  • Commercial License
  • Manufacturing License

Steps in order to Setup your Business in Dubai Design District

All Free Zone has three basic steps to open your company there but one thing differs from the free zone is the documents required to.

Submit the application

Collect the application form fill it and register your business and get your license after which you should fill the form promptly and submit it to Dubai Technology and Media Free Zone Authority.

Submit documents and pay

After you submit your application and get the license the second step is to submit the required documents as mentioned in the form, signed and notarized, and submit them to the authorities. Then paid the amount which is mentioned in the challan at the counter.

Collect your registration certificate and license

After paying the fees, your registration request will be processed. It will take around 2-4 weeks for the documents to be approved. After the approval, you can collect your registration certificate along with a valid license.

Requirement of Documents to Set Up a Business in Dubai Design District

  • Company registration application
  • Details of shareholder
  • Copy of the business plan
  • Original Memorandum and Articles of Association
  • Board resolution
  • Signature of the manager and the director and passport copy
  • No-Objection Certificate from residency visa sponsor
  • Proof of share capital

Why Business in Dubai Design District is a good choice?

Dubai Design District becomes a place where anyone can work, live, and play. Where upcoming talents and aspiring designers can do their stuff freely and trade easily where local talent can work along with international designers, artists, and fashion houses. D3 is a place where you can dream and creative minds can come together to make your money and learn at the same time. In the district of Dubai Design District Free Zone thousands of fashion designers, artists, and creative minds across the region have been working hard and earning their hard money in the community but one thing they don’t have is an investment and that where D3 comes with hundreds of foreign company providing funds, technology, and knowledge to boost the growth and people get better.

  • D3 is a world-class business hub
  • You have dozens of business options you can choose from
  • With the help of designers from all around the world you get a very competitive and cutting edge environment
  • It has facilities for studios and workshops

Setting up a business anywhere in the Free Zone is a busy and hard overwhelming process there are so many things you need to and one wrong step and every effort you comes to failure and that why with the help of a consultant company you can cut your burden in the half. Branches aim is to simplify the process of setting up the company and help you get through it with ease.

BCM Corporate Services Can Help You !

1. LOCATION:

Let’s start with what many consider to be this particular free zone’s biggest benefit: location. Not only does Dubai’s location make it the ideal place to do business with both east and west, but the Dubai South Free Zone itself could not be more perfectly placed within that. As well as being the site of Expo 2020, which is set to be one of the biggest business events the region has ever seen, Dubai South is also in prime location for access by land, sea or air – on the Sheikh Zayed Road, connecting Abu Dhabi and Dubai, and directly linked to both the Jebel Ali Sea Port and Al Maktoum International Airport.

2. AFFORDABILITY:

This is, of course, important to businesses of all sizes. However, as one of the most cost-effective free zones in the emirate, Dubai South Free Zone is increasingly popular with individuals and smaller companies looking to get the big business advantages of a free zone on a small business budget.

3. VISAS WITH A FLEXI-DESK OPTION:

Another major pulling point of Dubai South Free Zone for solo entrepreneurs and small business owners is that it allows for three visas without the need for physical office space – depending on your business activity. Entrepreneurs need only take on a flexi-desk package – offering flexible access to desk space and other office services such as conference room hire and reception cover – which is not monitored and therefore not compulsory.

4. WIDE VARIETY OF BUSINESS TYPES WELCOMED:

Dubai South Free Zone welcomes a wide range of business activities – including HR, e-trading, IT, training, consultancy, advertising, design, general trading and more. It also offers both consultancy (including service) and commercial licences – the latter of which allows businesses to import goods and sell them to other free zones, or within the UAE market with the support of a third-party distributor.

5. EASY SETUP:

It should be said that Dubai South’s incorporation process is not quite as straightforward as other free zones – though it is certainly not complex either. And it offers many other advantages. For one, no share capital is required to set up shop, which combined with low fees make it a highly cost-effective choice. The process is also notably fast – taking a maximum of ten days from start to finish.

6. MINIMAL PAPERWORK:

As well as being hugely popular with solo entrepreneurs and small business owners, Dubai South Free Zone is also well favoured by paperwork-adverse entrepreneurs. Not only is there in most cases no requirement to submit a formal business plan but auditing is only required after the second year of company renewal.

7. EASE OF SETTING UP YOUR CORPORATE BANK ACCOUNT:

It can feel like there are a million and one things to do when setting up a business anywhere in the world – and the UAE is no exception. So anything to lessen that burden is a relief. As well as the standard assistance you would expect with business registration in most of the UAE’s free zones, when setting up in Dubai South, you’ll also get help and assistance choosing and opening your corporate bank account.

8. EASY TO SPONSOR DEPENDENTS:

Dubai South Free Zone doesn’t only make it easy to get your own visa in place, it’s very simple for entrepreneurs to sponsor family and employees for their own residence visas too. Whether you require a visa for a spouse, child, maid or driver, the process is made up of four straightforward stages: entry permit, status adjustment, a medical fitness test, then Emirates ID registration and visa stamping. So with this in mind, it’s a good idea to get advice from an expert in setting up UAE free zone businesses – to ensure that before you start an application, both you (and those you’re hoping to sponsor) meet all of the entry criteria.

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