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Registering a company in Dubai Design District Company in 2020
Benefits of doing business in this jurisdiction:
- One of the most popular free zones in Dubai;
- The possibility of 100% foreign ownership;
- Lack of currency restrictions;
- The availability of tax benefits;
- Low maintenance.
A business registration costs from 7300 €
A company registration period is from 30 daysDetailed information
Dubai Design District (D3) is an economic Free Zone, created to invest in design, art and media industries. It was founded by Sheikh Mohammed bin Rashid al Maktoum in 2013. The park is a holistic system of innovative communities.
The strategy of the Park fully meets the Dubai plan for 2021, the main goal of which is the desire to form an active community of designers, whose activities correspond to the needs of a modern business. All startup projects are presented in one space D3 on the principle of a creative energy to achieve goals. It is expected, that D3 will bring together under its roof both established figures in the field of design, as well as new faces. It will become a platform for unique establishments, that exude a special experience.
- The LLC “Free Zone”;
- A department of a foreign company;
- A freelance resolution;
- A commerce and a freelance.
- Obtaining permits for activities in the fashion industry;
- Income tax is 0%;
- No corporate tax;
- There are no currency restrictions;
- A location near Business Bay, Dubai Mall and Burj Khalifa;
The design campus in Dubai is characterized by the following advantages for entrepreneurs, who want to create a company in Free Zones:
- A foreign company is the full owner;
- Tax incentives;
- No fees;
- Low maintenance;
- Low shipping costs;
- An abundance of low-cost energy;
- No import and export taxes;
- Free hiring of expatriates;
- Free offices are available for sale or rent;
- Ready-made offices, factories and premises for warehouses.
A registering of a business in the Dubai Design Park can be problematic for beginners in the UAE's business environment. IQ Decision lawyers will help simplify the registering of your company. Our team will facilitate the process of licensing and registering business in the UAE.
The information outlined in the article is actual at the time of its publication. Please refer to our specialists for checking possible solutions for your business.