DWC offers 100% tax free operations and 0% corporate taxation, 100% foreign ownership, cost effective office solutions, eligibility for 2 residence visas, 100% repatriation of capital and profits, total exception of all import and export duties and strategic location on Sheikh Zayed Road connecting Abu Dhabi and Dubai.
Our experienced consultants will assist you step by step and accompany you to open your corporate bank account in Dubai. The account will be opened in one of the reputable banks offering excellent online banking facilities, multi currencies and maintaining full confidentiality. UAE is an independent country operating outside the European jurisdiction.
DWC offers a very wide range of business activities falling under 5 types of licenses: Services, Trading, Logistics, Industrial and Education. A DWC Company can have up to 3 business activities from the same category in one license and allows to carry out services in the UAE and sell products in the UAE market through a local agent.
For the issue of a residence visa the presence of the applicant in Dubai is necessary for 5-7 working days.During this time the medical checkup takes place along with the finger print session and visa stamping in the passport. A residence visa is valid for 3 years however the visa holder should visit Dubai at least once every 6 months.
The minimum office facility required for a DWC license is a Smart Desk provided by the DWC Authorities and allows for 2 visas.
The minimum share capital required for a DWC Company is AED 300,000 divided intro shares of AED 1 each. However, it is not required for the share capital to be deposited in the corporate bank account of the company.
A DWC company is required to file annual audited Financial Statements and an Auditor should be appointed within one month after the trade license is issued.
We are a DMCC company located in our own offices in Jumeirah Lakes Towers