DUQE Free Zone
DUQE Free Zone Authority, Dubai
Description
DUQE Free Zone is a unique business hub located aboard the Queen Elizabeth II (QE2) floating hotel in Mina Rashid, Dubai, UAE. Designed to support innovators and disruptors, DUQE offers comprehensive business support services, modern infrastructure, and a vibrant community, making it an attractive destination for entrepreneurs seeking a dynamic environment.
| Emirate | Dubai |
| Website | https://www.duqe.ae/ |
| Contact Email | info@duqe.ae |
| Contact Info |
Phone: +971 4 526 8888
Address: Quarter Deck, QE2, Mina Rashid, P.O. Box 554789, Dubai, UAE
|
| Year Established | 2021 |
| License Types | Commercial License, Industrial License, Professional License |
| License Cost | AED 12,500.00 - License fees vary based on the type of license, number of visas, and business activity. :contentReference[oaicite:0]{index=0} |
| Formation Cost | AED 12,500.00 - Formation costs depend on the chosen license type, number of visas, and specific business requirements. :contentReference[oaicite:1]{index=1} |
| Minimum Capital Requirement | DUQE 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, Real Estate, Manufacturing |
| 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, Real Estate, Manufacturing |
| 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. :contentReference[oaicite:3]{index=3} |
| Employee Visa Cost | Visa costs are typically included in the business setup packages; specific details depend on the chosen package. :contentReference[oaicite:4]{index=4} |
| Maximum Visas per Company | 6 |
| Processing Time (Days) | 7 days - The company formation process typically takes about one week, depending on documentation and approvals. |
| Visa Processing Time | 7 days |
| Physical Office Required | No |
| Office Space Options | Flexi-Desk, Dedicated Desk, Private Office |
| Office Space Cost | AED 12,500.00 - Office space costs vary based on the type of workspace and specific business requirements. :contentReference[oaicite:5]{index=5} |
| 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 12,500.00 - 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 aboard the QE2 in Mina Rashid, Comprehensive infrastructure tailored for various industries, Access to a diverse business community |
| Drawbacks | Relatively new free zone; some services may still be developing |
| Specific Compliance Requirements | Compliance with UAE federal laws and Dubai regulations, Adherence to industry-specific standards and practices |
