Dubai World Trade Centre (DWTC) – Biz HQ Consultants

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Dubai World Trade Centre

Dubai World Trade Centre, the city’s first major tower, is a global business hub, offering lucrative benefits to companies seeking international exposure and stability within the region. It provides a wide range of services, from event management and marketing to technology and security.

Situated in the heart of Dubai, DWTC is a well-known and respected venue for international trade shows, conferences, and other business events, making it an ideal choice for businesses looking to host different events in the city.

DWTC is home to leading international companies such as Shell, FedEx, General Motors, and Halliburton.

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Advantages of Setting Up Your Business
in Dubai World Trade Center

DWTC provides favorable incentives and countless benefits for entrepreneurs looking to start a business in the UAE. Here are some of the following:

Strategic Location 

DWTC is located just 15 minutes away from Dubai International Airport, giving easy access to different locations in Dubai. 
It is in proximity to Burj Khalifa, the Emirates Towers, and the Dubai International Financial Center.

Globally Recognized District 

DWTC is a leading venue for some of the world’s most prestigious events. It hosts more than 500 international trade fairs, exhibitions, and conventions, welcoming over 3 million visitors annually.

Flexible Office Leasing Options

Holders of DWTC Authority licenses and business operating permits are allowed to sub-lease premises to other Free Zone members.

Favorable Legal Framework

100% foreign company ownership
No restrictions on capital repatriation
No currency restrictions
No personal income tax
Flexible commercial lease terms
Only 9% corporate income tax (if applicable)
Low tariffs

Dual Licensing

For mainland companies who want to expand their operation within DWTC’s free zone jurisdiction, business operating permits are issued to them. However, companies granted this permit can only carry out activities aligned with their DED license.

Types of Licenses Offered
by DWTC

There are various types of business licenses offered in DWTC:

General Trading License

Permits companies to engage in commercial activities in a wide range of business activities, including exporting, importing, and distributing goods.

Commercial License

Allows companies to carry out activities specified in the license to export, import, distribute, sell and store items permissible under the license.

Professional License

This license permits businesses to carry out services such as general or advisory consulting, onsite repair, training, and HR and software implementation services.

Event management License

Permits companies to organize business or leisure events, conferences, incentives, meetings, exhibitions, and conferences within the jurisdiction.

E-commerce License

This license is intended for businesses with an online platform, allowing them to trade goods and services online. 

Single Family Office

Intended for offices established by family members to manage and service the wealth of a single family.

Multi-Family Office 

Intended for offices launched by consultants for the provision of wealth management services to multiple families.

Business Structures
Types in DWTC

There are four types of company structures offered in DWTC:

Branch of a Foreign Company

This type of structure can register a branch in DWTC free zone without any capital investment. The branch must register with the same activities as the parent company.

Free Zone Company (FZC)

This type of entity has a minimum of 2 or more shareholders (can be an individual or a corporate shareholder).

Limited Liability Company

(covers all Limited Liability Companies in the UAE) – a legal entity wherein the liability of its shareholders is limited to the value of the share capital they hold in the company.

Free Zone Establishment (FZE)

This entity has one single shareholder (can be an individual or a corporate shareholder), holding 100% of the company shares.

Steps in Setting Up Your Business
in DMCC

Company setup process in DMCC usually takes around 2-4 weeks depending on your business activity.

1

Choose a Business Activity and Apply for a License

The first step in setting up a business in Dubai World Trade Center (DWTC) is to choose a business activity and apply for a license. Depending on the activity type, various government bodies, such as the Department of Economic Development (DED), issue licenses for companies.

2

Register with the DWTC

Once the license is granted, the next step is registering your business with the DWTC by submitting the essential documents required for your company. This can be done either by visiting the DWTC offices or online.

3

Rent or Purchase Office Space

The next step is to rent or purchase office space in the DWTC. Several options are available, including office spaces, furnished offices, and flexi offices.

4

Process UAE Residency and Apply for a Business Bank Account

Once you have collected your trade license and signed a lease, it is now time to arrange your residency visa and open a corporate bank where your company’s financial transactions will be done.
Biz HQ Consultants will help you throughout this stage to ensure that all laws in Dubai are followed for a faster, inexpensive, and seamless company incorporation.

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