How to Register a Company in Dubai World Central: Step-by-Step Guide

Are you thinking about starting a business in Dubai? Dubai World Central (DWC) is a fantastic place to set up your company. It’s a fast-growing area with lots of opportunities. This guide will walk you through the process of registering a company in DWC, so you know exactly what to do.

Why Choose Dubai World Central?

Dubai World Central is a major business hub in Dubai. It’s located near Al Maktoum International Airport and has excellent connections to the rest of the UAE and the world. Here are some reasons why DWC is a great choice:

  • Strategic Location: Close to major transport routes.
  • Business-Friendly Policies: Easy to set up and run a business.
  • Modern Infrastructure: State-of-the-art facilities and services.

Steps to Register a Company in Dubai World Central

Step 1: Choose Your Business Activity

First, you need to decide what kind of business you want to start. DWC offers many options, from trading and logistics to aviation and hospitality. Make sure to pick the one that fits your goals.

Step 2: Select a Company Type

There are different types of companies you can register in DWC, like:

  • Free Zone Establishment (FZE): One shareholder.
  • Free Zone Company (FZCO): Multiple shareholders.
  • Branch Office: A branch of an existing company.

Step 3: Reserve Your Company Name

Pick a name for your company and check if it’s available. The name should be unique and not too similar to existing company names.

Step 4: Prepare the Required Documents

Gather the necessary documents for your application, including:

  • Passport Copy: For all shareholders and directors.
  • Business Plan: A brief outline of your business activities and goals.
  • No Objection Certificate (NOC): If applicable, from your current sponsor if you are already in the UAE.

Step 5: Submit Your Application

Submit your completed application to the DWC Authority. This can be done online or in person at their office.

Step 6: Pay the Fees

There are fees involved in setting up your company. These include registration fees, license fees, and office rent. Make sure to check the current fee structure on the DWC website.

Step 7: Get Your License and Start Operating

Once your application is approved and fees are paid, you will receive your business license. Now you’re ready to start operating your company in Dubai World Central.

Dubai World Central

Costs Involved in Registering a Company in Dubai World Central

Registration Fees

The registration fee for a new company in DWC typically ranges from AED 9,000 to AED 10,000.

License Fees

The annual license fee depends on the type of business activity. It usually ranges from AED 10,000 to AED 15,000.

Office Space Rent

You’ll need to rent office space in DWC. The cost depends on the size and location of the office. It can range from AED 20,000 to AED 50,000 per year.

Additional Costs

Other costs may include visa fees, health insurance, and utility deposits.

Dubai World Central

Benefits of Setting Up in Dubai World Central

Tax Benefits

DWC offers a tax-free environment, meaning no personal or corporate taxes.

100% Foreign Ownership

You can own your company outright without needing a local partner.

Modern Facilities

DWC provides world-class facilities, making it easier to run your business efficiently.

Conclusion

Registering a company in Dubai World Central can open up many opportunities for growth and success. With its strategic location, business-friendly policies, and modern infrastructure, DWC is an ideal place for setting up a new business. BizDaddy can help you through the tough process, ensuring you have all the correct documentation and meet all the requirements. With our support, you can focus on building your business and achieving your goals.

FAQs

1. What types of businesses can I set up in Dubai World Central?

You can set up various types of businesses in DWC, including trading, logistics, aviation, and hospitality.

2. How long does it take to register a company in DWC?

The registration process usually takes about 2 to 4 weeks, depending on the completeness of your application and other factors.

3. Can I sponsor my family with a business license from DWC?

Yes, with a business license from DWC, you can sponsor your family members, provided you meet the minimum salary requirement.

4. Is it necessary to have an office space in DWC?

Yes, you are required to have a physical office space in DWC. The cost of the office space will depend on the size and location.

5. Can I open a bank account with a DWC business license?

Yes, you can open a business bank account in the UAE with a DWC business license. Most major banks in the UAE offer business banking services for companies registered in DWC.