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SFM IN PRESS

SFM wins the Best Agent Award in Ras Al Khaimah

14 February 2019

We are delighted to announce that SFM was bestowed with the Top Agent 2018 Award by RAK International Corporate Centre (RAK ICC) as the best-registered agent. The award has been granted in acknowledgement of SFM’s outstanding incorporation records for 2018 among other criteria. [..]

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What is the world’s best offshore jurisdiction?

31 January 2019

In the last 10 years, the world’s offshore industry has gone through major change. New offshore centers have emerged, while others have drastically reduced in size. [..]

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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