Are you looking for opportunities to start your business in the UAE? Dubai is the answer to all those thoughts. A country where expatriate investors have an opportunity to avail amazing benefits like re-exports outside Dubai. Alongside that, one can get additional perks like 100% tax redemption, complete company ownership and more. The Dubai Design District was inaugurated in 2013, by UAE’s Prime Minister and the ruler of Dubai – Sheikh Mohammed bin Rashid Al Maktoum.
The vision of bringing this free zone to life was to build an artistic hub. It would promote promising and upcoming local talent therefore offering a home for the creative league. One of the key factors driving the development of Dubai Design District as a free zone is the quick and effortless business set-up procedure.
Over 550 plus partners and more than 10,000 professionals work in the Dubai Design District and attract to it for company incorporation. The advantage of setting up a business here is that it is an affordable luxury. It comes with a surfeit of trump cards that one wouldn’t want to miss out on.
Benefits of setting up your business in Dubai Design District
For young creative entrepreneurs, Dubai Design District is the go-to place. The free zone has its fair share of benefits allowing companies to showcase not just their talents but also promote creativity and ideas.
The Dubai Design District is in the heart of Dubai. It is located close to Downtown Dubai, Burj Khalifa and the Dubai Mall. The free zone is linked to most important roads of Dubai and prominently the Zabeel District.
The Dubai Design District has well connected bus routes, there is plentiful parking, or you can get there in a riverboat taxi.
Minimal start-up cost
Starting a company in Dubai Design District is not only easy but it is within one’s means, making it an ideal destination for start-ups. The license cost to set up a business here starts from around AED 40,000*.
Note: Costs are subject to changes in UAE laws and regulations.
Dubai Design District offers a flexible investor visa for 3 years, linked to the area of the office per 80 sq ft. The process is fast and efficient for free zones.
The Dubai Design District free zone provides special freelance permits for artists and designers for design and fashion.
Easy corporate bank account
Once the investor receives the professional license and is set to establish their entity, the next step is to open a corporate bank account.
It is advisable to have a separate personal and professional banking account. Opening an account is a short and simple procedure that can be completed in merely a few days.
World-class business resources
Designers from all over the world located under one free zone, what else can one ask for? Therefore, it is in a true sense a melting pot of fashion culture.
From collaborating, and creating promising opportunities for new talent, the luxurious magic happens here at Dubai Design District free zone.
Types of licenses available in D3
The range of licenses entrepreneurs can apply for company formation in Dubai Design District
- Event Management
- Marketing services
- Beauty care
- Fashion (excluding manufacturing)
- Fashion (including manufacturing)
- Luxury (excluding manufacturing)
- Luxury (including manufacturing)
- Interior Designing (including manufacturing)
- Interior Designing (excluding manufacturing)
Dubai Design District License Process
The license procedure in the D3 free zone is simple and hassle-free. The licenses available are for industrial, commercial and professional purposes. The following are the steps to obtain your license.
- Choose your business activity
- Decide the preferred jurisdiction (free zone or mainland)
- Register the name for your business setup
- Pick an office space
- Apply for the preferred license and pay the fees
- Receive your professional license
Documentation required for company registration
For registration of a company in the Dubai Design District a business owner needs to provide some necessary documents. The most important documents are passport and visa copies of all the directors and general managers. Attached with it their specimen signatures with the share capital requirement proof.
Other than that, the company registration and licensing application form with a detailed business plan has to be submitted to DED. It is mandated that all of this documentation must be completed at the time of business setup.
Get your Dubai Design District license with Shuraa Business Setup
Has the opportunities and lucidness of getting your business started in the Dubai Design District lured you already? Are you not considering it as your potential workspace in the future?
All you need to do is contact Shuraa Business Setup and consider it done. Shuraa’s assistance will help you form your company and also guarantee that the entire process runs smoothly.
In this thriving UAE economy, our business consultants will guide you through the complete process. Assistance will be provided regarding everything you must know, helping you with the business license costs in Dubai Design District, to completing the documentation procedure for you.