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Business set up in Dubai Design District:

Description

Dubai Design District(D3) free zone was established as a global design and fashion hub and to promote emerging local talent and to implementing a creative home to established international design, luxury,and fashion brands.
Dubai Design District is dedicated to designing, housing a rich mix of cutting-edge industrial, product, interior, architectural conceptual, graphics and digital design.
D3 is located in the heart of the city, adjacent to Business Bay, 3 minutes from the Dubai Mall, 6 minutes from the Dubai International Financial Centre and 15 minutes from the Dubai International Airport.
A segment of activity:
The following segments of activity are the most suited for Dubai Design District Free Zone falling under the rules of regulations of Dubai Technology and MediaFree Zone Authorities (DTMFZA)rules and regulations.
• Marketing,
• Fashion,
• Luxury,
• Interior,
• Furniture and Objects,
• Design,
• E-Commerce,
• Ancillary Services,
• Technical and Occupational Skills,
• Beauty Care,
• Art,
• Freelancers,
• Advertising and Communications,
• Media and Marketing Services,
• Event Management,
• Event Support Services are the best-suited activities to be carried out in Dubai Design District.
Benefits:
• 100% foreign ownership
• 100% repatriation of capital and profits
• No personal income taxes
• No corporate tax
• Wide range of leasing options
• Hassle free business environment
• Ideal for startup companies
• Designer from all over the world located in one area
• License for full range of business activities

License available:
The available license is Commercial and manufacturing license.The license of the company has to be renewed on yearly basis. The penalty would be charged by the authority if thelicense is renewed after theexpiry date.The license in Dubai Design District can be obtained in minimum 5or 6 weeks.
Authority:
Dubai Design District is regulated by Dubai Technology and Media Free ZoneAuthority (DTMFZA).
Types of entities:
• Free Zone Limited Liability Company (FZ-LLC),
• Branch,
• subsidiary and JV.
Minimum share capital:
you should have a minimum share capital ofAED 50,000/-, whereas AED Nil/-for branch office and Minimum of AED 100,000/- in case of manufacturing activities.
Shareholders:
The Shareholders of the company can be an individuals or corporate entity.
Directors:
Directors must be an individual only.
Audit:
The audit report is not required to be submitted to free zone authorities.
The professional consultants at MSZ Consultancyprovide complete assistance to those who are interested in Dubai Design District company formation. Contact us at 00971589827842 or Email us at info@mszconsultancy.com.
http://www.mszconsultancy.com

Contact Details
Name:
MSZCSP