Dubai Design District Free Zone (D3) Company Formation
Dubai Design District (D3) is a dynamic hub dedicated to fostering creativity and innovation within the design, fashion, and arts sectors. Strategically located close to Downtown Dubai and Business Bay, d3 offers a vibrant environment where creative minds can collaborate and thrive.
Inaugurated in 2013 by the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Dubai Design District is the artistic hub of UAE. D3 quickly rose to popularity, housing over 550 businesses from all around the world including prestigious global fashion houses.
With state-of-the-art infrastructure, cutting-edge facilities, and a supportive community, d3 is the ideal free zone for businesses looking to establish a strong presence in the UAE.
Why Choose Business Set up in Dubai Design District Free Zone
Setting up a business in Dubai Design District Free Zone offers a plethora of advantages, making it a premier choice for creative enterprises. The district is specifically designed to cater to the needs of the design, fashion, and arts communities, providing a conducive environment for creativity to flourish.
With a focus on fostering innovation, d3 offers numerous opportunities for collaboration, networking, and growth. The presence of like-minded professionals and businesses creates a vibrant ecosystem that supports and nurtures creative talents.
The streamlined company formation process, along with the availability of various business support services, ensures a hassle-free setup experience. By choosing the Dubai Design District Free Zone, businesses can leverage these benefits to establish a strong foothold in one of the most innovative and dynamic creative communities in the region.
Benefits of Setting Up a Company in Dubai Design Disrict Free Zone
- 100% foreign ownership
- No personal or corporate income tax
- Tariff-free access to the GCC and MENA markets
- No currency restrictions
- Minimal setup cost
- Ideal location
- 100% repatriation of profits and capital
- Duty-free imports and exports
- Flexible investor visa for 3 years
- Special freelance permit for artists
- Smart zone hub
- Modern banking system
Types of Licenses Offered at Dubai Design District Free Zone
Dubai Design District offers various licenses for different business activities. Here are some of the business licenses available at D3:
- Professional (Service) License: This license allows companies to provide specialized professional services such as consulting, design, and other creative services within the free zone.
- Industrial License: This license is issued to businesses involved in light manufacturing and production activities. It is ideal for companies looking to create and produce design-related products.
- Commercial and General Trading License: This license permits companies to engage in the trading of goods and products, including retail and wholesale trading activities within the free zone.
- Freelance Permit: This permit is designed for individual freelancers who wish to operate as independent professionals within d3. It allows freelancers to legally offer their creative services within the free zone.
Business Activities Permitted in Dubai Design District Free Zone
Dubai Design District Free Zone Authority allows a wide range of business activities in the region that you can choose from. Some of the popular business activities in D3 are:
- Marketing
- Freelance
- Fashion
- Luxury
- Interior Design
- E-Commerce
- Event Management
- Beauty and Wellness Services
- Design
- Digital Media and Marketing
- Advertisement
- IT Services
- Architecture
- Public Relations Agency
- Art Galleries
- Branding
- Modeling Agency
- Exhibitions
- Photography
- Visual Merchandising
- Entertainment
- Food and Recreational Services
Types of Legal Entities Allowed at Dubai Design District Free Zone
Dubai Design District (D3) offers the following types of company formations:
- Free Zone Limited Liability Company (FZ-LLC): An FZ-LLC is a separate legal entity established within the free zone.
- Branch Of A Local Or Foreign Registered Company: This entity allows an existing company, either based in the UAE or abroad, to open a branch in d3. The branch operates under the same name and legal structure as the parent company.
- Freelance Permit: Allows freelancers to give their services in the D3 free zone and bid on projects independently with a 1 to 2-year visa.
Facilities Available at Dubai Design District Free Zone
Dubai Design District Free Zone offers various facilities – from studio space to co-working spaces. Because of its advanced facilities, D3 is an attractive zone for businesses in the design and fashion industries.
Some of the facilities designed to support creative businesses in D3 Free Zone are as follows:
- Warehouses: State-of-the-art warehouses equipped with advanced storage solutions to meet the needs of various industries.
- Serviced Offices: Fully furnished and equipped office spaces that provide a professional environment for businesses to operate.
- Virtual and Flexi Desks: Flexible workspace solutions that cater to the needs of startups, freelancers, and small businesses.
- Retail Outlets: Retail spaces that allow businesses to showcase and sell their products in a vibrant and high-traffic area.
How to Set Up a Company in Dubai Design District Free Zone (Steps)
Follow these steps to set up your business in Dubai Design District (D3):
Choose Your Business Activity
Identify the main business activity you would like to undertake in the free zone and also choose the company legal structure you want to establish.
Select a License Type and a Trade Name
Choose the appropriate license based on your business activity. Also, select your trade name and register it with the free trade zone authority.
Submit Application
Complete and submit the business setup application form. Provide all necessary documents including passport copies, business plan, and other relevant paperwork.
Get Initial Approval and Register Your Company
Once you get the initial approval from the free zone authority, complete the business registration process.
Open Your Bank Account
Open a corporate bank account and deposit the minimum required capital according to your legal entity.
Lease Office Space
Sign the lease agreement for office space. There are various facilities available in D3, including flezi desks, and co-working spaces.
Receive Your License
Once all formalities are completed, receive your business license and commence operations.
Get Your Dubai Design District License with Solutions FZCO
Are you ready to benefit from potential business opportunities in Dubai Design District? Contact Solutions FZCO and consider it done!
At Solutions FZCO, we help you form your company in the free zone of your choice and guarantee a smooth lucrative business setup process.
Our extensive local contacts and in-depth knowledge of the regulatory landscape enable us to expedite the business license and company formation process. Let us handle all the burdensome tasks of applications and permits, so you can focus on your business goals.
