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DUBAI WORLD CENTRAL COMPANY FORMATION

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VAT in the UAE

12 February 2017

As announced in February 2016 by the UAE Minister of State for Financial Affairs, His Excellency Obaid Humaid Al Tayer, the UAE will introduce a Value Added Tax (VAT) of 5% beginning January 1, 2018. The six other states that make up the Gulf Cooperation Council (GCC) region will also be implementing a VAT during this time and/or by January 1, 2019 at the latest [...]

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UAE Free Zones – The Key for Fulfilling Economic Substance Requirement

1 September 2016

Incorporating in the UAE offers the leverage to foreign businesses to keep up with the requirements of tax authorities for economic substance through its free zone (FZ) structures. Businesses of any size can now take the opportunity to locate their business functions in the UAE and benefit from substantial tax savings, while satisfying the criteria for economic substance. [...]

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DUBAI WORLD CENTRAL (DWC)

Dubai World Central Company

Our commitment

  • Your Company in Dubai World Central in 12 working days. *
  • A very competitive price, in complete transparency.
  • Complete confidentiality.
  • UAE Residency Visa for yourself and family members.
  • Your company with a bank account, including eBanking and debit card.
Contact us to register your company

Dubai World Central Company main characteristics:

Company type
Free Zone Company
Governing corporate legislation
Dubai Aviation City Corporation
Information published relating to company officers
No company directors names are disclosed
Confidentiality
Complete confidentiality
Accounting requirement
Accounts and auditing are required
Taxation
No corporate or personal taxation
Legislation
Dubai World Central Free Zone 
Standard currency
UAE dirhams pegged to USD
Time to form
12 working days
Communication
Efficient means of communication
Local sponsor requirement
Not needed
Residence visa issuance
Residence visa issued
Number of directors needed
Minimum 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