Company Setup in Dubai Design District
Established in 2013, Dubai Design District (D3) is one of the latest Free Zones in Dubai UAE. Spanning over 2.5 Million sq. ft. it serves as a hub for the region’s creative industries, encompassing design, fashion, art, and luxury. The idea behind the formation of this place is –
- To provide a dedicated space for artists and designers where they can collaborate and create attractive sorts of things.
- To support international and local creative thinkers to establish a foundation and grow in the field of design.
- To focus on elevating the region’s economic development while fostering a sense of creativity and innovation with the latest design initiatives.
- To facilitate collaboration with businesses, organizations, and zoning authorities to support the sustainability and growth of the creative sector.
Advantages of Company Formation in Dubai Design District
D3 as one of Dubai’s free zones provides a supportive environment for businesses to thrive. Businesses operating here are benefited from the region’s offerings and points like:
- Strategic Location – Proximity to Dubai’s Business Bay, behind Burj Khalifa and Dubai Mall.
- Modern Infrastructure: Office spaces, design studios, workshops, galleries, retail outlets, restaurants, and much more.
- Tax Exemption – 0% corporate and personal income tax, no import and export duties, as well as exemption from value-added tax (VAT)
- 100% Foreign Ownership – Have complete ownership of your business or asset, without sharing its stake.
- Collaborative Business Setup Process – Business-friendly policies, supportive authorities, availability of service providers, and business consultancy.
- Networking Opportunities – Events and exhibitions, the opportunity to collaborate with like-minded professionals, 6500+ registered companies.v
Documents Required for the Setup
For your company to set up in Dubai Design District, you must have these mandatory documents:
- Passport Copies of All Shareholders
- Visa/Emirates ID Copies (If Applicable)
- Business Plan
- All legal documents including MOA and AOA
- Trade Name Reservation Certificate
- Board/Shareholder Resolution (If Applicable)
- Lease Agreement and NOC
- Bank Reference Letter
Note – It is important to note that these documents are the general requirements that you must carry. However, you might be asked for more documents based on your business type, and your partnered business setup consultancy will let you know about it.
Choose AIMS UAE For Your Business Setup in D3
Selecting the right company setup partner for your business is crucial, especially when there are numerous service providers available in the market each claiming to be the best. A thorough evaluation of their track record, expertise in your industry, reputation, and customer reviews is essential to make an informed decision. Partnering with AIMS UAE ensures that each aspect of your company setup, whether it’s handling legal approvals, licensing, registration, or paperwork, is managed efficiently.
With our experience and knowledge of the UAE business scenario, we streamline the setup process while saving you time, resources, and potential headaches. Not only complex paperwork and regulations, but AIMS UAE also provides ongoing support and advisory services to ensure your business remains compliant and thrives in the competitive market. So, if you’re seeking a reliable and experienced partner to navigate the intricacies of company setup, AIMS UAE could be your trusted choice.
Frequently Asked Question
The cost of setting up a company can vary based on factors like -
- Structure of the company (FZ-LLC, FZCO, Branch Office, etc.)
- Rent of Office Space
- Licensing Fees
- Visa and Sponsorship Fees
- Expenses during the company's operations
- Other miscellaneous costs include special permits, bank account opening fees, and registration with different authorities.
For the accurate amount you can reach out to a business setup consultancy like AIMS UAE and according to your business they can provide you the detailed cost breakdowns.
To set up a company in Dubai Design District you need to collaborate with a business setup consultancy like AIMS UAE to complete the registration process and get a business license by following these steps:
- Choosing a business type (design, fashion, art, technology,) and providing a detailed business plan.
- Selecting a legal entity and registering your trade name.
- Submitting the relevant documents and applying for a business license
- Leasing an office space and applying for Visas (if required)
- Obtaining necessary approvals and permits from relevant authorities and paying the registration fees.
- With the approval of your registration, open a bank account for the transactions and initiate your business operations.
The licensing requirements may vary based on the type of your business. The common types of licenses that can be issued by Dubai Design District are Commercial Licence, Service Licence, and Freelance Licence. To avail of it, you need to complete the registration by submitting the required documents and receive approvals from the regulatory authority.
Contact us now for a smooth business set-up procedure.
Fill in the contact form to schedule a free consultation. Our experts will get back to you in 24-48 hours, and we will ensure we understand your requirements.
