Set Up Your Company with
Dubai World Trade Centre
The Dubai World Trade Centre, the city’s pioneering landmark, acts as a global business hub, providing advantageous opportunities for companies seeking international exposure and stability in the region. Offering a wide range of services including event management, marketing, technology, and security, DWTC stands out prominently. Situated in the heart of Dubai, DWTC is a prestigious venue for international trade shows, conferences, and various business events, making it the preferred choice for hosting diverse events in the city.
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Advantages of Setting Up Your Business in Dubai World Trade Center
DWTC offers advantageous incentives and numerous benefits for entrepreneurs aiming to establish a business in the UAE. Here are some of them:
Strategic Location
DWTC, situated 15 minutes from Dubai International Airport, offers convenient access to various Dubai locations, including Burj Khalifa and Emirates Towers.
Globally Recognized District
DWTC stands as a premier venue for renowned global events, hosting over 500 international trade fairs, exhibitions, and conventions annually, drawing 3 million visitors yearly.
Flexible Office Leasing Options
DWTC Authority license holders and business operators can sublease premises to other members within the Free Zone.
Favorable Legal Framework
Foreign companies in DWTC can enjoy complete ownership, unrestricted capital repatriation, and flexible lease terms, with low tariffs and a 9% corporate tax if applicable.
Dual Licensing
Mainland companies expanding into DWTC's free zone can obtain business operating permits but must align activities with their DED license.
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Types of Licenses Offered by DWTC
General Trading License
Allows firms to conduct various commercial activities such as exporting, importing, and distributing goods across different sectors.
Commercial License
Enables companies to perform activities outlined in the license, including exporting, importing, distributing, selling, and storing permissible items.
Professional License
This license authorizes businesses to provide services like general or advisory consulting, on-site repair, training, HR, and software implementation.
Event management License
This license allows companies to host business or leisure events, conferences, incentives, meetings, exhibitions, and conferences within the jurisdiction.
E-commerce License
This license is designed for businesses operating online platforms, enabling them to conduct trade in goods and services online.
Single Family Office
This license is designed for family offices established to manage and service the wealth of a single family.
Multi-Family Office
This license is intended for consultants' offices providing wealth management services to multiple families.
Business Structures Types in DWTC
There are four types of company structures offered in DWTC:
Free Zone Company (FZC)
This entity is owned entirely by one shareholder, who may be an individual or a corporate entity.
Free Zone Establishment (FZE)
This entity is wholly owned by a single shareholder, who can be an individual or a corporate entity.
Limited Liability Company
A Limited Liability Company (LLC) in the UAE limits shareholders' liability to the value of their share capital.
Branch of a Foreign Company
This structure can establish a branch in DWTC free zone without capital investment, aligning activities with the parent company.
Steps in Setting Up Your Business in DWTC
Here are the general steps involved in setting up your business in DWTC.
Choose a Business Activity and Apply for a License
To start a business at Dubai World Trade Center (DWTC), select a business activity and apply for the corresponding license from relevant government bodies like DED.
Register with the DWTC
After obtaining the license, proceed to register your business with DWTC by submitting required documents either in person or online.
Rent or Purchase Office Space
Next, secure office space in DWTC, offering various options like furnished offices, flexi offices, and traditional office spaces for lease or purchase.
Process UAE Residency and Apply for a Business Bank Account
After obtaining your trade license and finalizing your lease, proceed to arrange your residency visa and open a corporate bank account.