Combating Coronavirus: Dubai South Declares Economic Stimulus Package
Dubai South Free zone is one of UAE’s most popular Free Zones.
Dubai South Free Zone is a master-planned area developed around the world’s largest airport, Al Maktoum International Airport. Dubai South Free zone comprises eight integrated districts – The Al Maktoum International Airport, Logistics, Aviation, Exhibition, Residential, Commercial, Humanitarian, and Golf districts.
DUBAI SOUTH FREE ZONE ADVANTAGES
Dubai South Free zone 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.
CORPORATE BANK ACCOUNT
Our expert advisers will help you to open your corporate bank account in Dubai step by step. The account will be opened in one of the renowned banks with outstanding online banking services, various currencies, and absolute confidentiality.
LICENSING AND BUSINESS ACTIVITIES
Dubai South provides a very wide variety of business activities falling under 5 types of licenses: Services, Trading, Logistics, Industrial, and Education. A Dubai South Free zone Company can have up to 3 business activities from the same category in one license and may carry out services in the UAE and sell goods on the UAE market through a local agent.
The minimum office facility required for a Dubai South Free zone license is a Smart Desk provided by the Dubai South Free zone Authorities and allows for 2 visas.
Dubai South Free Zone has provided several opportunities for economic growth to alleviate the impact of the current situation being faced by the UAE and the world as part of the strategy of UAE leadership to boost the economy and benefit different sectors of the business community.
THE PACKAGE FEATURES:
– Flexible payment plans with easy installment schemes
– Waiving off penalties on late renewals and cancellations of contracts and licenses
– 20% reduction on license fees renewals
– First-year license fees for new customers in the aviation, logistics, e-commerce sectors and the Business Park will be waived
– Deferral request of up to six months for Business Park clients granted on a case-by-case basis
– Business Centre customers renewing their contracts between now and October 2020 will receive a reduction of up to 25% on their renewal fees
– Flexibility to settle annual rental fees in up to 4 installments
– New business will be granted rental fee reductions of up to 25%
Dubai South Free Zone, the flagship urban initiative of the Emirates, is the latest public body to join other free zones and government departments in introducing stabilization steps to counter Covid-19’s effect on various economic activities.
Speak to a member of our team for more information about setting up a business in Dubai South Free Zone.
We are a friendly team of experienced consultants ready to guide and assist you in the formation of your Dubai South Free zone Company, open your corporate bank account, receive your residence visa in the UAE and start your business in Dubai South Free Trade Zone.
A dedicated consultant will be assigned to you from day one and until you set up your company.
Start your Dubai South Free zone company today and open a window to a new world of opportunities.
For more details contact +9714 275 6718 Whats app +971 588 631 656 or email firstname.lastname@example.org