Form a Company in Dubai Outsource Zone
Form a Company in Dubai Outsource ZoneUpdated on Sunday 30th September 2018
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Dubai Outsource Zone (DOZ) was established in 2007 to meet the demands of outsource companies established here, such as Human Resources outsource, IT or call center to outsource businesses. DOZ offers to the investors interested in opening a company in Dubai the infrastructure needed for various business activities – management, logistics, renting office spaces, security and many others; our lawyers in Dubai can offer you more information on the business market in DOZ and its legislation.
Corporate environment in DOZ
The DOZ legislation specifies that foreign investors can only choose from two legal structures: either a free zone limited liability company (FZ LLC), either a branch of a local or foreign company. Setting up a business here is encouraged by a set of tax exemptions and, as such, companies are not required to pay the corporate tax for 50 years after the incorporation process in DOZ; also, the DOZ legislation offers exemptions on personal income tax for 50 years. Companies located in DOZ can benefit of several incentives, such as full repatriation of profits or full foreign ownership; you can find out more on this subject from our law firm in Dubai.
The registration of a company is done under the Dubai Technology and Media Free Zone Authority; you should know that the incorporation process in DOZ is simple for both legal structures, but FZ LLC registration requires more documentation.
Here is a video presentation about the rules and regulations for opening a business in DOZ:
Company registration documents
When opening a company in DOZ, the local authorities will ask you to provide the following documents:
- • documents attesting the company has a rented office;
- • investor’s and manager’s personal information;
- • passport copy of the applicant;
- • passport copy and the resume of the manager;
- • trade registration documents;
- • if you are represented in this process by a certain person, he or she must present a notarized power of attorney, attesting the fact he has the right to act on your behalf; our Dubai law firm can represent you in this procedure.
If you need further information on the business opportunities available in DOZ, please contact our attorneys in Dubai, who can provide you with more details.