Dubai World Trade Centre (DWTC) Company Formation
- 100% Business Ownership & Capital Repatriation
- Widehoice of Business Activities
- Affordable Office Facilities in the Center of Dubai
- Open a Bank Account Locally & Internationally
- Business licences that start at AED 35,000
Why Setup a Dubai World Trade Centre (DWTC ) ?
Dubai World Trade Centre (DWTC) is strategically located in the heart of the city. DWTC free zone is the epicentre for UAE’s biggest events and exhibitions for over 40 years. Having a 1 million square feet of space, DWTC is the first choice of businesses to conduct industry gatherings as it is a hub for business and trade. Speak to our UAE Company Formation consultant and understand the numerous benefits of DWTC Free Zone Company Formation.
Skwer Group Experts will guide you through the company formation in DWTC process from bank account opening in UAE, submission of required documents, to all the approval process, and other value added services like Digital Marketing Services, Accounting and Audit services, we have you covered!
Prices starting from AED 35,000
Average business setup time: up to 2 weeks
Why setup a DWTC Free Zone Company ?
100% Business Ownership and Capital Repatriation
World Class Infrastructure
Easy Bank Account Opening
Strategic Location
Tax Exemption
Simplify Your UAE Business Setup: License Categories and Activities in DWTC Free Zone
DWTC offers distinct license categories tailored to diverse business goals:
- Commercial License
- Service License
Versatile Business Activities:
DWTC serves as a platform for various business activities, spanning areas such as:
- Exhibitions and Conferences
- Trade Shows
- Business Services
- Entertainment and Hospitality
- and more
Multiple Activities under a Single License:
A standout feature of this Free Zone is the flexibility to conduct multiple activities under a single license. You can incorporate up to 10 or even more activities, provided they belong to the same category.
Also, note that the DWTC Free Zone does not accommodate industrial activities. If your business operations are aligned with the industrial sector, exploring the Ras Al Khaimah Economic Zone (RAKEZ) Free Zone could be a more suitable option.
Consider DWTC for your company setup if you’re targeting excellence in trade and services. With its array of license types and the exceptional option of multiple activities under one license, DWTC empowers you to realize your business goals within a dynamic economic environment.
Quick & Easy Company Setup Process
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Licenses Offered by DWTC Free Zone Company
Event Management
License for companies the event management industry.
E-commerce
License for providing services in selling of good online.
General Trading
License for import, export, storage, and distribution.
Professional Services
License for consultancy and services businesses.
Tourism & Hospitality
License for business in the tourism and hospitality sector.
Types of Ownership
01
Joint Stock Company (JSC)
A JSC is a business framework where shareholders possess the authority to trade company shares. Essentially, a JSC is a company where the capital is segmented into shares that can be freely exchanged on the open market.
02
Public Limited Company (PLC)
PLC holds the legal authorization to make its shares available for public purchase. While they aren’t obligated to offer shares to the public, they have the choice to do so when required.
03
Partnership
A General Partnership involves a pact between two or more partners, where each partner is collectively and individually responsible for the company’s obligations up to the extent of their assets. This business structure is exclusively accessible to UAE nationals.
Main Characteristics of a DWTC Free Zone Business Setup
| Characteristic | Description |
|---|---|
| Company Legislation | Under the Rules and Regulations of the DWTC |
| Name | Will be ended with suffix DWTC |
| Time to Incorporate | 1 to 2 weeks |
| Possibility of Migration | No |
| Tax Rate | Nil |
| Shareholders | Minimum 1 and maximum 50 (individual or corporate) |
| Share Capital | The minimum share capital is AED 300,000 for DWTC Business Setup and Nil for Branch Office |
| Bearer Shares | No |
| Registered Shares | Yes |
| Redeemable Shares | The Company may not directly or indirectly acquire its own shares unless expressly permitted to do so by the Authority |
| Par share value | AED 1,000 |
| Beneficial Ownership Disclosure | Beneficial Owners, Shareholders, Directors and Manager details are provided to DWTC but no public disclose of information available |
| Directors | Minimum 1, Maximum 6 (only individual) |
| Manager | One (manager must hold relevant educational diploma for certain consulting activities) |
| Secretary | One is optional (only individual) |
| Residency Requirements | No |
| Local Presence Requirements | No |
| Availability of Shelf Companies | No |
| Meetings | Yes (can be held anywhere in the world) |
| Annual General Meetings | Yes |
| Annual Accounts | Yes (accounts must be audited) |
| Are Accounts Filed | Yes |
| Audit Requirement | Yes |
| Share Transfer Duty | Yes |
| Registered Office Required | Yes (flexi or physical office is a must) |
| Exchange Controls | No |
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Documents Required for Company Formation in DWTC Free Zone
| Requirements: | Status |
|---|---|
| DWTC free zone application form |  |
| Detailed business plan | |
| Passport copies of each director, shareholders, and general manager | |
| Copies of Emirates ID of director, shareholders, and general manager (for UAE residents) | |
| Profile of each shareholder (if a shareholder is an individual) | |
| Board resolution for establishing a company in DWTC free zone and appointing a manager (attested by the appropriate authority) | |
| All other free documentation to be complete such as: onboarding and specimen forms etc. | |
| Applies to a corporate shareholder – certified true copy for all parent company incorporation documentation e.g. certificate of registration (attested by the appropriate authority) | |
| Memorandum and Articles of Association (MOA/AOA) of the parent company (attested by the appropriate authorities) | |
