Dubai World Trade Centre (DWTC) Free Zone
Dubai World Trade Centre Authority (DWTCA), Dubai
Description
Established in 2015, the Dubai World Trade Centre (DWTC) Free Zone is a dynamic business hub located in the heart of Dubai, UAE. It offers a strategic location for businesses seeking growth and innovation, providing modern infrastructure, flexible office solutions, and a business-friendly environment. The free zone caters to a wide range of industries, offering over 1,200 licensed business activities.
| Emirate | Dubai |
| Website | https://www.dwtc.com/en/free-zone/ |
| Contact Email | info@dwtc.com |
| Contact Info |
Phone: +971 4 332 1000
Address: Dubai World Trade Centre, Sheikh Zayed Road, Dubai, UAE
|
| Year Established | 2015 |
| License Types | Commercial License, Professional License, Event Management License |
| License Cost | AED 50,000.00 - License fees vary based on the type of license and business activity. :contentReference[oaicite:0]{index=0} |
| Formation Cost | AED 50,000.00 - Formation costs depend on the chosen license type, facility, and business activity. :contentReference[oaicite:1]{index=1} |
| Minimum Capital Requirement | DWTC Free Zone does not specify a minimum share capital requirement, allowing flexibility for businesses. :contentReference[oaicite:2]{index=2} |
| Allowed Business Activities | Consultancy Services, IT Services, Trading, E-Commerce, Marketing, Media, Event Management |
| Company Legal Structures | Free Zone Establishment (FZE), Free Zone Company (FZCO), Branch of a Foreign Company, Branch of a UAE Company |
| Allowed Activities | Consultancy Services, IT Services, Trading, E-Commerce, Marketing, Media, Event Management |
| Restricted Activities | Activities requiring special approvals from UAE authorities |
| Investor Visa Cost | Visa costs are often included in the business setup packages; specific details depend on the chosen package. |
| Employee Visa Cost | Visa costs are typically included in the business setup packages; specific details depend on the chosen package. |
| Processing Time (Days) | 14 days - The company formation process typically takes about 2 to 4 weeks, depending on documentation and approvals. |
| Visa Processing Time | 14 days |
| Physical Office Required | Yes |
| Office Space Options | Flexi-Desk, Dedicated Desk, Private Office |
| Office Space Cost | AED 50,000.00 - Office space costs vary based on the type of workspace and specific business requirements. :contentReference[oaicite:3]{index=3} |
| Virtual Office Available | Yes |
| Bank Account Assistance | Yes |
| Bank Account Cost | Assistance is provided; costs may vary depending on the chosen bank and account type. |
| Partner Banks | Emirates NBD, Mashreq Bank, RAKBANK |
| Governing Laws | Operates under UAE federal laws and Dubai regulations. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | Yes |
| Renewal Fees | AED 50,000.00 - Annual renewal fees vary based on the type of license and business activity. |
| Renewal Processing Time | 7 days |
| Business Restrictions | Specific activities may require additional approvals. |
| Ownership Structure | 100% foreign ownership permitted |
| Import/Export Restrictions | No Standard customs regulations apply; specific activities may require additional approvals. |
| Benefits | 100% foreign ownership, Full repatriation of profits and capital, Exemption from personal and corporate taxes, No customs duties on goods and services, Strategic location in the heart of Dubai, Comprehensive infrastructure tailored for various industries, Access to a diverse business community |
| Drawbacks | Higher setup costs compared to other free zones |
| Specific Compliance Requirements | Compliance with UAE federal laws and Dubai regulations, Adherence to industry-specific standards and practices |
