Business Setup in Dubai | Dubai World Trade Center (DWTC)

Dubai World Trade Center (DWTC)

DWTC or Dubai World Trade Center Free Zone offers lucrative opportunities for businesses that seek a centrally located and cost-effective business setup option in Dubai. It was established by His Highness Sheikh Mohammed bin Rashid Al Maktoum. The Free Zone proposes a wide range of unique opportunities for businesses offering free-zone licensing as well as a hassle-free Branch licensing for Foreign Companies and UAE LLC companies.

Situated in the heart of Dubai, the DWTC is close to World Trade Center which is a world-famous spot for hosting global exhibitions, Dubai International Financial Center (DIFC), Burj Khalifa, and the Emirates Tower.

Hence, investors who are registering a company in Dubai World Trade Center benefit from the proximity to top international companies and global events for building a strong business network.

DWTC offers a highly competitive, single-point of contact operation for corporations, providing them with unique and flexible offers to operate seamlessly, including as an onshore registered business, under an independent free zone license, or as a dual license entity from the same zone.

Dubai World Trade Centre is a home to such leading international companies:

ADVANTAGES OF BUSINESS SETUP IN DWTC

ADVANTAGES OF BUSINESS SETUP IN DWTC

  • Perfect location in the heart of Dubai

  • No restriction on hiring foreign employees

  • 0% income tax and 0% corporate tax

  • 100% foreign ownership

  • 100% repatriation of capital

  • 0% export tax

  • No restriction on repatriation of funds and currency

  • Convenient combination of onshore and offshore operations

  • Stable and clear regulations

TYPES OF LICENSES IN DWTC


General Trading License: For all commercial activities across an unobstructed range of activities. Businesses are allowed to export, import, and distribute all such categories under the general trading license.


Commercial License: The license allows carrying out commercial activities which are specified in the license to export, import, distribute, sale and store all items that are permissible under the license.


Professional License: Under this license, you can perform the services listed in the license within the Free Zone and in other places in the UAE (subject to permits that are required in other jurisdictions). Typical services include general or advisory consulting, onsite repair, training, and HR and software implementation services.


Event management License: You can organize business or leisure events, conferences, incentives, meetings, exhibitions and conferences under this license.

TYPES OF LICENSES IN DWTC

  • General Trading License: For all commercial activities across an unobstructed range of activities. Businesses are allowed to export, import, and distribute all such categories under the general trading license.

  • Commercial License: The license allows carrying out commercial activities which are specified in the license to export, import, distribute, sale and store all items that are permissible under the license.

  • Professional License: Under this license, you can perform the services listed in the license within the Free Zone and in other places in the UAE (subject to permits that are required in other jurisdictions). Typical services include general or advisory consulting, onsite repair, training, and HR and software implementation services.

  • Event management License: You can organize business or leisure events, conferences, incentives, meetings, exhibitions and conferences under this license.

BUSINESS REGISTRATION FEES IN DWTC

If you are considering to set up business in Dubai World Trade Centre, My Business Consulting DMCC is here to provide you one-stop assistance in crafting a hyper-personalized package with higher visa eligibility, develop the top company structure, select the optimal facility for your future business and support you along your way to success in the DWTC.

Below you will find the general list of DWTC fees for company setup. Want to get the latest offers for business registration in DWTC? Simply request a customized proposal with fees breakdown from our Business Setup Experts today!

1. Type of License

DWTCs’ personalized approach to licensing and related procedures, coupled with a superior location and unmatched operational standards, makes setting up process seamless, straightforward, and flexible.

In general, the cost per License type includes facility rent, Establishment Card, housekeeping services, utilities, and service charges:

LICENSE 1st YEAR 2nd YEAR
Commercial/ Professional/ Event Management License with Hot Desk
(2 Visas eligibility)
AED 28,300 AED 27,300
Commercial/ Professional/ Event Management License with Executive Office
(2 Visas eligibility)
AED 51,300 AED 52,300
General Trading License with Executive Office
(2 Visas eligibility)
AED 52,500 AED 54,300

Note: Fees are the subject for an additional 5% Value Added Tax (VAT).

2. Type of Facility

OFFICE FACILITY TYPE VISA ELIGIBILITY ANNUAL FEE
Hot Desk 2 Included in the Hot Desk setup package
Executive Office
(9,6 sq.m.)
2 Included in the Executive Office package
Executive Office
(9,6 sq.m.)
2 Included in the Executive Office under General Trading License package

Note: Fees are the subject for additional 5% Value Added Tax (VAT).

3. Miscellaneous Documents

DOCUMENT 1st YEAR 2nd YEAR
Ejari Certificate AED 195 AED 195
Hot Desk Insurance
(Mandatory Requirement)
AED 500 AED 500
Facility Deposit (Hot Desk) AED 2,000 -
Facility Deposit (Executive Office) AED 4,000 -

Note: Fees are the subject for an additional 5% Value Added Tax (VAT).

4. Residence Visa in DWTC

The fee for each visa depends on the status of an applicant’s current location. Amendment of visa is possible only if the applicant is transferring within DWTC or has annulled his previous UAE Residence Visa.

If you are inside UAE at the moment of your application, you can choose to apply for the Employment Visa Application inside the UAE to benefit from a hassle-free process. You won’t have to exit the UAE for the Visa Status Change process.

SERVICES FEES
Employment Visa - Outside the Country AED 1,500
Employment Visa - Inside the Country with Status Change AED 2,720
Medical Test, Emirates ID, and Photo AED 1,250

Note: Fees are the subject for an additional 5% Value Added Tax (VAT).

5. My Business Consulting DMCC Service Packages

With rich experience in business setup in Dubai, our Business Setup Experts provide hyper-personalized solutions to help you with your company registration process in the Dubai World Trade Center Free Zone (DWTC).

Whether you are looking to obtain a UAE Residence Visa or seek help with corporate bank account opening, we offer professional advice to get you started from scratch. We can also assist your company with everyday financial operations and VAT compliance, which includes VAT registration, VAT Training and VAT Return Filing.

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 11,000

Additional Fees:

  • Subsidiary/ Branch – AED 5,000 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting from AED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.

UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES UAE RESIDENT VISA SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Establishment Card

  • Free document expiration notification after 3 years

AED 7,500+
Service Fee
AED 2,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

Note:
Fees are the subject for additional 5% Value Added Tax (VAT).

5. My Business Consulting DMCC Service Packages

With rich experience in business setup in Dubai, our Business Setup Experts provide hyper-personalized solutions to help you with your company registration process in the Dubai World Trade Center Free Zone (DWTC).

Whether you are looking to obtain a UAE Residence Visa or seek help with corporate bank account opening, we offer professional advice to get you started from scratch. We can also assist your company with everyday financial operations and VAT compliance, which includes VAT registration, VAT Training and VAT Return Filing.

COMPLETE BUSINESS SETUP PACKAGE
  • Corporate Consultancy

  • Regular update regarding the full process

  • Initial Approval: company name, activity, shareholder's structure

  • Business Plan Summary

  • Company Registration

  • Facility Arrangement (Business Park)

  • Company Licensing

  • Establishment Card

  • Company Stamp

  • Company Letterhead

  • Company Profile

  • Accounts Guide for UAE Businesses not registered for VAT

  • FREE Documents Expiration Notifications after one year

Service Fee - AED 11,000

Additional Fees:

  • Subsidiary/ Branch – AED 5,000 for Corporate Due Diligence

  • NOC from 3rd party (if required) – starting fromAED 500

After obtaining the license and establishment card of the company, you may process the UAE Residence Visa or Bank Account Opening by yourself, however, shall you require professional assistance of My Business Consulting – kindly upgrade your Package.


UPGRADE
YOUR BUSINESS SETUP PACKAGE
BANK ACCOUNT OPENING SERVICES
  • Assessment of Individual/Corporate Background

  • Preparation of Required Documents with a Company Profile specially designed for banks

  • Coordination with Relationship Officer before Account Opening Application Meeting

  • Scheduling Meeting with Relationship Officer

  • Full Assistance during Bank Account Opening Application and Interview

  • Follow-up of Account Opening

  • Regular Updates

  • Introduction of Official Relationship Manager

AED 7,500+
Service Fee
Please note that My Business Consulting DMCC will accept and provide Bank Account Opening assistance only to those companies whose shareholders are holding UAE Residence Visa and are having similar business activity (as to what is proposed) in their home country.

UAE RESIDENT VISA SERVICES
  • Assessment of Individuals Documents

  • Review of Required Documents

  • Obtaining Entry Permit

  • Typing for Medical Test and Emirates ID

  • Full Assistance in Medical Test, including transfers

  • Full Assistance in EID Biometrics, including transfers

  • Obtaining Visa Stamping

  • Collection of Establishment Card

  • Free document expiration notification after 3 years

AED 2,500+
Service Fee
Note:
Fees are the subject for additional 5% Value Added Tax (VAT).