Dubai is a great place to start a business, but the process is somewhat complicated when it comes to setting up a business. However, Dubai does offer a service that can help you get your business off the ground for free. It’s called the Dubai Design District Free Zone. The zones provide aspiring investors with a prolific ground to set up their business in Dubai, UAE.
This blog post will share information on what Dubai Design District Free Zone is; the steps you need to take if you decide to start your business in Dubai Design District Free Zone. Let’s dive in;
What Is the Dubai Design District Free Zone?
The Dubai Design District (D3) Free Zone is a creative hub developed by the Dubai Government to support and grow the design industry in the Emirate.
The district offers a range of benefits to businesses, including 100% foreign ownership, no personal income tax, and no corporate tax.
Additionally, businesses in the district can avail of a range of support services from the D3 Authority, such as business incubation and mentorship programs.
Why Set Up a Business in Dubai Design District Free Zone?
There are many reasons to set up a business in Dubai Design District Free Zone. Some of these reasons include;
The infrastructure in Dubai is world-class, with top-notch facilities and amenities that are on par with international standards. This has been made possible through significant investments in the country’s infrastructure, which have resulted in state-of-the-art facilities and services.
Also Dubai’s infrastructure is able to support the country’s growing population and economy, and is a key factor in attracting foreign investment. Additionally, the environment is conducive to creativity and innovation, and the free zone offers a range of benefits and incentives for businesses.
The Dubai Design District Free Zone is located in the heart of Dubai, in close proximity to major highways, airports, and seaports. This makes it easy to connect with clients and suppliers both locally and internationally.
On top of that, the free zone offers a range of benefits for businesses, including 100% foreign ownership, no personal income tax, no corporate tax, and no restrictions on currency repatriation. There are also a number of dedicated support services available to help businesses get started and grow in the free zone.
How to Set Up a Business in Dubai Design District Free Zone?
The Dubai Design District Free Zone (D3) is a great place to set up a business. The process is simple and straightforward, and there are many benefits to setting up a business in D3.
To set up a business in Dubai Design District Free Zone, the following are some of the steps you need to follow;
- Obtain a trade license from the Dubai Economic Department
- Register your company with the Free Zone Authority
- Apply for visas for your employees
Obtain a trade license from the Dubai Economic Department
Dubai is a city that’s rich in culture, history, and many more things. Dubai is also a city that is known to be a hub of trading and business. If you’re looking to start a business in Dubai, you might want to consider Dubai Business Setup, a company offering business set up services in Dubai for aspiring investors.
To start your business in Dubai, you’ll need to obtain a trade license from the Dubai Economic Department. This license will allow you to start your business and grow. You can find the contact information for the Dubai Economic Department on the website.
This license is issued for the purpose of legally carrying out the commercial activities. Although, you can start your business without registering with the Dubai Economic Department, you will not be able to carry out any commercial activities without a trade license.
Register your company with the Free Zone Authority
In order to start your business in Dubai, you will first need to register your company with the Dubai Free Zone Authority. The Dubai Free Zone Authority is the government agency that will serve as your business’s designated agent in Dubai. The Authority will provide you with all of the necessary documents to operate your business in Dubai.
It will also provide you with a number of other services. It will help you with licensing and also work with you on establishing a company bank account. Once your company has been registered with the Dubai Free Zone Authority, you will be able to start your business with relative ease. And so, to register your company, you will need to provide certain documentation.
You will need to provide a written offer of your company, a copy of your company rules and company bylaws, proof of company ownership and finally, a completed Business Registration Form.
Apply for visas for your employees
If you are planning to start a business in Dubai, you must be aware that you need to apply for visas for your employees. Apply for “entrepreneur” visa, which allows you to hire an unlimited number of employees and to focus on your own business.
This is an easy process, and the cost is a nominal fee. If you want to start your business in Dubai, you can either apply for a business license or apply for an operating license after you have your business license. If you are looking to start your business in Dubai, come visit our offices in Dubai and apply today.
Final Thoughts
We know that many people want to work from home and can’t until they get their business set up. If you need help in setting up your business in Dubai, we can help! We will provide you with all the information you need to get started and then follow up with a site inspection.
If you would like to find out more about how to start your business in Dubai, don’t hesitate to visit our website here.