11 Mar 2020
One Central, newly developed free zone in Dubai World Trade Center (DWTC). It is a new master planned development of premium commercial offices, hotels, residential and entertainment spaces located right next to Dubai World Trade Center.
Dubai World Trade Center (DWTC) has become a proven platform for international and regional businesses to expand across the Middle East and beyond.
Free Zone Benefits Include:
- 100% Foreign Ownership 100% Repatriation Of Capital
- Zero Income Tax For 50 Years And Renewable
- Zero Corporate Tax For 50 Years And Renewable No Export Tax
- Freedom To Initiate Multiple Options For Legal Operating Structures
- Flexibility To Determine Prices Of Services Or Products And The Profit Margin Desired
- No Restriction On Currency And Repatriation Of Funds No Restriction On Hiring Foreign Employees No
- Restraints Over Capital Nationality
- Stable And Clear Regulation
Types of Companies Formed Under the Dubai World Trade (DWTC) Authority:
- Free Zone Establishment (FZE)
- Free Zone Company (FZCO)
- A UAE Branch
- A Foreign Branch
The DWTC Authority issues licenses under the following broad categories:
- Commercial Licence
- General Trading Licence
- Professional Licence
- Event Management Licence
- Business Operating Permits
DWTC Authority offers some of Dubai’s best office leasing options, combined with comprehensive high-end property management and services to tenants.
DWTC Authority offers exclusive incentives for branches and new companies who wish to establish themselves in a free zone. Business Operating Permits are also available for existing onshore companies who wish to relocate to the DWTC free zone.
Should you require assistance or wish to learn more of One Central Free Zone, please do not hesitate to contact us.
Senat MEA DMCC is a full-service platform, founded in 2014, with roots in Dubai that go back as far as 1984. Dedicated to trust and efficiency, at Senat MEA DMCC we ensure that our clients are equipped with leading counsel in navigating the region while taking into account the global nature of business and the importance of developing long lasting relationships.
Senat MEA DMCC’s team of lawyers, accountants and business consultants are highly qualified and come from a variety of backgrounds enabling us to supply you with incomparable expertise and outstanding services.