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SFM IN PRESS

Protecting your assets in the UAE : Introducing the DIFC Will

11 September 2018

Succession planning in United Arab Emirates (“UAE”) for non-Muslim resident and foreign investors: how to protect your assets located in Dubai and in Ras Al-Khaimah?[..]

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Did you know that a $10K investment can get you a tax-free company and residency in Dubai ?

30 July 2018

Due to recent legislative changes and increased compliance with international tax avoidance regulations, Dubai is no longer just a viable option for incorporating a new business. In fact, compared to others and due to these recent developments, it is fast becoming the destination of choice. [..]

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DUBAI WORLD CENTRAL (DWC)

Our Commitment

  1. Your Company in Dubai World Central formed within 12 working days *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. UAE Residency Visa for you and family members
  5. Setting up your company with a bank account including eBanking and debit card
Dubai World Central Company

Dubai World Central Company Main Characteristics:

Company typeFree Zone Company
Governing corporate legislationDubai Aviation City Corporation
Information published relating to company officersCompany director names are not disclosed
ConfidentialityComplete confidentiality
Accounting requirementMandatory accounts and auditing
TaxationNo corporate or personal taxation
LegislationDubai World Central Free Zone 
Standard currencyUAE Dirhams pegged to USD
Time to form12 working days
CommunicationEfficient communication
Local sponsor requirementNot needed
Residence visa issuanceResidence Visa issuance is possible
Number of directors neededA minimum of one director

Type of License:

  • Logistics Licence

    This license will allow specified logistics services (e.g. storage, transportation, distribution, sorting, forwarding and clearing activities, order management, inventory management etc.)

  • Trade Licence:

    The import/export and distribution of specifically mentioned products can be undertaken with this license.

  • Industrial Licence:

    Will allow the operation of light manufacturing activity (e.g. blending, mixing, purifying, assembling forming, repacking, or wrapping of products) by utilising hand labour or quiet machinery in a manner which does not produce smoke, gas fumes, heat, light or any other undesirable by products. Please note that Industrial Licences will not be issued without proof that an Environmental Impact surveys and studies have been done comprehensively.

  • Trading Licence:

    This will allow for the import / exporting, distributing and storage of items specified in their particular licence.

  • Service Licence:

    This permits the carrying out of services specified in the licence in question but only within the DWC Free Zone and it is only permissible elsewhere in the UAE through the obtaining of additional local licenses in certain jurisdictions. Such licenses are issued to Free Zone Enterprises supporting the logistics industry and will include services such as consulting and training or any other related activity.

Information concerning Dubai World Central

DWC

The Dubai World Central is comprised of eight districts: logistics, aviation (incuding Al Maktoum International Airport), humanitarian, residential, commercial, leisure, exhibition and commercial. Dubai Logistics City and Aviation City is concerned for the purpose of company formations. The licenses that can be obtained in both these free zones are identical, save that businesses registering must be relevant to the free zone in question.

* Please refer to our Terms & Conditions