Dubai CommerCity Free Zone
Dubai CommerCity is one of the newest Free Zone that is collectively incorporated by the Dubai Airport Free Zone Authority and Al Wasl. It is also part of the Dubai Integrated Economic Zones Authority (DIEZ). Company formation in Dubai CommerCity is beneficial for entrepreneurs in many ways due to the prospective company package it offers and the top-class business facilities for investors.
The strategic location close to the Dubai International Airport makes it a perfect choice for trading, eCommerce, and import-export houses to make it their Head Quarters. The Dubai CommerCity aims to contribute highly to the digital economy by registering companies across a wide range of business activities.
Company Formation in Dubai CommerCity starts at AED 27,545 for a 2 visa quota company with office space inclusive of the rent, other company document costs, etc.
The Dubai CommerCity Free Zone will be a major source of Foreign Direct Investment (FDI) to the UAE. Company Formation in Dubai Commercity will attract foreign entrepreneurs to Dubai. They will establish international company headquarters, warehouses for their GCC operations, and small manufacturing units for their re-export business.
The Free Zone is the perfect choice for digital businesses that focus on eCommerce, online platforms, and new technology. The Free Zone supports innovation, digital growth, and the future of new technological applications.
Dubai CommerCity - Key Advantages for Business Investors
There are multiple advantages for business investors when it comes to company formation in Dubai CommerCity. Following are a few of the advantages for the investors.
- 100% Foreign Ownership in the company and full profit repatriation
- World-Class Office Space and business infrastructure to facilitate eCommerce operations
- Enhanced digital infrastructure and system for digital commerce
- Wide range of business activities to choose from and faster approvals
- Dedicated eCommerce support setup with logistics, warehouse storage, and packaging
- Easy bank account opening with partner bank - Emirates NBD
- Global connectivity by air, sea, & road to easily facilitate import-export to and from UAE
Company Formation in Dubai CommerCity
Company formation in Dubai CommerCity is a lucrative business investment for foreign entrepreneurs. Dubai Commercity offers a top-class business infrastructure to entrepreneurs for setting up their companies in Dubai.
The Free Zone offers unmatched business facilities to investors. It has customized office spaces ranging from smart Desks to fully-furnished offices of 25 Sq.m and 50 Sq,m area. The Company Formation in Dubai CommerCity is driven by the enormous business facility support the Free Zone is offering the investors.
One of the major drivers for the new company formation in Dubai CommerCity is the availability of large warehouses. The warehouses are custom-built for eCommerce businesses to store the goods and easily facilitate the delivery of the items. The Free Zone has a long-term plan of delivering office facilities in phases.
There will be the launch of new facilities that will, have office spaces, eCommerce logistic units, and multi-client warehouses in the second phase too. The Free Zone covers the business, logistics, and social sectors and aims to attract global investors who are into the eCommerce, manufacturing, distribution, and e-retailing sectors.
What are the Steps to Obtain a Dubai CommerCity Business License?
To obtain a Dubai CommerCity Business License there are certain steps the investor must follow. With the expert assistance of AURION, obtaining a Business License from the Dubai CommerCity is a hassle-free process.
- The investor must first choose the desired trade name for the company and get the name approval from Dubai CommerCity authorities.
- Choose the right business activity and company legal structure and submit the application form to the Free Zone authority for pre-approval.
- Take the office space and warehouse facility depending on the business requirement. A tenancy contract from Dubai CommerCity will be obtained once the office is ready.
- Make the final payment for the Trade License after submitting the required documents, tenancy contract copy, shareholder details, photograph, etc.
- Obtain the business license and start working legally from the Dubai Commercity Free Zone. Proceed to open a corporate bank account in UAE by submitting all the company documents to the banking partner.
Aurion will facilitate the opening of the corporate bank account along with the coordination for obtaining the trade license from the Dubai CommerCity.
What is the Cost of the Dubai CommerCity License?
The cost of the Dubai CommerCity License with an office space of 25 Sq.m, 3 visa quota, office rent, and other company documents cost AED 61,870. The Dubai CommerCity fitted office package includes the cost of the license fee, office rent, registration fee, P.O. Box, Establishment Card, and other Government Fees.
| DUBAI COMMERCITY FREEZONE LICENSE PACKAGE | SMART DESK 7.527 SQ.M 2-VISA QUOTA | 25 SQ.M FITTED OFFICES 3-VISA QUOTA |
|---|---|---|
| Office Rent | AED 18,800 | AED 62,500 |
| 5% VAT on Service Charge *(Standard Office) | – | – |
| License Fee | AED 7,000 | AED 7,000 |
| Registration Fees – one-time payment | ||
| P.O Box / Annual (Not Mandatory if there’s an existing PO BOX) – Annual fee | AED 1,065 | AED 1,065 |
| Establishment card | AED 2,020 | AED 2,020 |
| Knowledge Fees & Innovation fees | AED 60 | AED 60 |
| Total | AED 28,945 | AED 72,645 |
How Aurion will assist you?
Aurion Business Consultants will guide you through the different company packages available from Dubai CommerCity. Depending on the business requirements, budget, office space requirement, warehouse, and storage requirements, our team of Business Consultants will provide you with the right solution.
Company Formation at Dubai CommerCity is the best option for investors as the Free Zone offers top-class business infrastructure and cost-effective company packages in Dubai.
Investors can get a prestigious Dubai Address for their company and utilize the business support services the Free Zones for foreign investors. To know more about the various Company formation Packages available in Dubai CommerCity, connect with our expert Business Consultant right away!
