Dubai is one of the world’s favorite countries to do business, in particular its free zones. Free zones offer the advantage of reducing control over businesses and the cost of taxes. Dubai South Free Zone is one of the most popular free zones in Dubai. Free Zone, Dubai South is a zone where many business events take place. In addition, the business setup in Dubai South Free Zone is cheap and offers opportunities in different sectors.
In this article, we are going to talk about the types of licenses available in Dubai South Free Zone, the benefits of setting up your business in this area, as well as the documents and steps necessary for your company setup in Dubai South Free Zone. Let us observe:
- What does Free Zone, Dubai South offers?
- What licenses can you obtain in Dubai South Free Zone?
- Benefits of setting up my company in Dubai South Free Zone
- How is the application process for licensing for Dubai South Free Zone company setup?
- How can our company help you with your licensing application?
1. What does Free Zone, Dubai South offers?
Dubai South Free Zone is an excellent option for both living and doing business. It has a variety of residences and apartments, which fit all types of lifestyles.
Also, it is known to be a transport hub for Dubai. It has one of the largest airports and has a transport infrastructure that allows the connection by sea, land, and air of Dubai with other areas and countries. Dubai South Free Zone cost of living is also cheap compared to other areas of Dubai.
Dubai South Free Zone is ideal for doing business, as it is the zone responsible for Dubai’s exponential economic growth. There is a huge demand for businesses in this area because the Dubai South Free Zone license cost is very economical.
One of the things that differentiate Dubai South Free Zone company setup from other zones in the UAE is the variety of sectors in which you can do business. Other areas in the UAE have very limited business opportunities.
Dubai South Free Zone offers companies different activities such as commercial, logistics, aviation, exhibitions, and residences.
Before talking about the Dubai South Free Zone licenses, let us take a closer look at some of the districts of the Dubai South Free Zone:
1.1 Logistics District
Logistics District is a district for companies that want to join the Dubai South Free Zone supply chain. This district is ideal for the Dubai South Free Zone business setup of businesses that depend on shipping and cargo.
The Logistics District has connections both on land and at sea and in the air. Therefore, it is ideal to receive shipments from anywhere in the UAE or another country. In addition, you can get ready-to-use spaces, or you can set up your own space.
1.2 Aviation District
This district is intended for aviation, as well as other related sectors such as education, MROs, and lightning industries. Dubai South Free Zone authority also holds exhibitions such as the Middle East business aviation show and the Dubai Airshow.
1.3 Business Park
This part of Dubai South Free Zone is mainly intended for business setup in Dubai South Free Zone. It offers a friendly environment, from start-ups to large companies. This district offers business spaces in many sectors, as well as one of the best business centers in Dubai.
2. What licenses can you obtain in Dubai South Free Zone?
Now that you know what Dubai South Free Zone has to offer you in your company setup, let us see what the types of Dubai South Free Zone licenses are. Also, we are going to talk about the Dubai South Free Zone license cost and other considerations for each license.
Remember that you require a Dubai South Free Zone license before your business can be operational in the Dubai South Free Zone. The type of license will depend on the concept of your business, but some type of license will always be necessary by the Dubai South Free Zone authority.
2.1 Commercial license
A commercial license allows you to do various commercial activities, such as trading activities, storage, and export/import activities, among others. Before requesting this type of license, you must choose what type of product you are going to involve in your commercial activities, since there may be excluded products.
Commercial licenses are also sometimes known as the Dubai South Free Zone trade license. The average commercial license cost is AED 16,200.
2.2 Logistics license
The logistics license is analogous to the commercial license. It has the same purpose and the same Dubai South Free Zone cost. The difference is that this license is valid for Logistics District.
2.3 Industrial license
If for your Dubai South Free Zone company setup, you need to have industrial space for manufacturing or production, you must apply for an industrial license. The cost of applying for and obtaining an industrial license in the Dubai South Free Zone is, on average, AED 25,000.
2.4 Dubai South Free Zone trade license
A trading license is a type of commercial license that allows you to distribute, export, and import, among other commercial activities. A Dubai South Free Zone trade license also allows you to sell your products within the national market.
The trading license starts at AED 30,000, including Dubai South Free Zone fees. On the other hand, the Dubai South Free Zone cost will depend on the type of package you choose, which is the type of office and the number of visas you need.
For example, the most economical case is that of a smart desk with two visa slots. The most expensive case is that of a permanent smart office with three visa slots for AED 86,000.
2.5 Service license
The service license is a special license in Dubai South Free Zone. Dubai South Free Zone authorities grant this license. It includes specific services that the business needs and that have been previously discussed with the authorities.
The service license establishes that the business can perform these services within the zone, as well as the rest of the UAE.
2.6 Freelance license
As its name suggests, the freelance license is for those entrepreneurs who want to work as freelancers in the Dubai South Free Zone.
The cost of the freelance license will depend on the Dubai South Free Zone fees for visas. The cost varies between AED 10k and AED 25k, depending on whether you need an operational visa, an entry permit, or a UAE residency visa.
Dubai South Free Zone fees for residence visas are the same or cheaper than in other areas of Dubai. The total cost, including medical checkup and Emirates ID, is AED 3,660.
2.7 Education license
Free Zone, Dubai South grants an educational license to companies that offer educational consultancy services. Dubai South Free Zone company formation also grants this license for social services or educational and training institutes.
The Dubai South Free Zone license cost in the educational field is varied. The average cost is AED 10,500. If you are interested in becoming a teacher in the UAE, you can also apply for a teaching license, which is cheaper.
Now that you know the variety of licenses you can get for your company setup in Dubai South Free Zone, identify which type of license best suits your business. Read on if you want to know how to easily apply for a license in Dubai South Free Zone.
3. Benefits of setting up my company in Dubai South Free Zone?
Business setup in Dubai South Free Zone is much easier and cheaper than in other areas of Dubai. That is why many businesses seek to establish themselves in this area.
Dubai South Free Zone also offers other advantages. For example, being a free zone, it is 100% exempt from taxes. This includes all types of business operations. There are also no taxes for the import and export of products. Thus, business setup Dubai South Free Zone saves you a considerable amount of money annually.
Business setup Dubai South Free Zone for foreigners is one of the best options, as they can have full ownership of their business. On the other hand, in Dubai South Free Zone you get 100% of your capital and profits back.
Dubai South Free Zone company setup is very attractive for entrepreneurs because they allow many types of business activities. Also, the requirements and documents are few and simple.
In addition, the largest airport in the world is in Dubai South Free Zone, as well as several ports that allow connection by sea. There are no currency restrictions and industries have access to ultra-modern facilities.
As we have seen, Dubai South Free Zone company formation offers many advantages compared to other zones in Dubai. Not only can you save money, but you will also be in one of the best economic powerhouses in Dubai.
4. How is the application process for licensing for Dubai South Free Zone company setup?
Company setup in Dubai South Free Zone is a simple process, but it still requires you to submit some documents and follow a few steps. This is necessary to obtain your license quickly.
4.1 Required documents to apply for a license in Dubai South Free Zone
The required documents for your business setup in Dubai South Free Zone are simple and few. First, you will need to present a copy of your passport. In addition, if you are a foreigner, you must present a copy of your visa.
Before submitting the documents, you must apply for the license. Therefore, you must submit a copy of your application, duly signed.
You will also need to provide a valid phone number, email address, as well as your residence address, so that the Dubai South Free Zone authority can contact you.
As for your company data, you must indicate the name of your company and how much of the company you own.
4.2 Steps to follow to obtain your business setup Dubai South Free Zone license
The first step in your Dubai South Free Zone business setup is to fill out your application and submit it. You can submit your application online, or you can mail it to the proper authorities. You must also upload the aforementioned documents along with your application.
The next step in the application process is choosing the name of your business. First, the name of your company must be directly related to the activities that will be carried out in it. Also, you must ensure that no other company with the same name exists in Dubai.
After submitting your application, you must wait to receive a No-Objection Certificate from the authorities. This means that the authorities accepted your license application.
Finally, you must register your business within the Dubai South Free Zone. For this, you need to pay the Dubai South Free Zone fees, which can range from AED 3,000 to AED 7,000.
This excludes other expenses such as finding your office space or the visa application in case you do not have it at the time of applying.
5. How can our company help you with your licensing application?
Choosing a zone to setup your business in Dubai can be a difficult task given the wide variety of business areas that Dubai has. Dubai South Free Zone stands out within all these zones for its easy access by land, sea, and air, as well as its ease of business licensing.
Connect Business Center is a company that offers business licensing services for every zone in Dubai. In addition to our licensing services, we offer everything you need for your business setup. We offer business formation services, as well as coworking spaces, and more.
Our team is ready to help you in every step of your business formation in Dubai South Free Zone. Do not hesitate to contact us if you have any concerns and can call us at +971 43 316 688. You can also send your questions and request information via email info@connectbusinesscenter.com.
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