The outsourcing industry started to develop at the beginning of the year 2000. In order to cater to the needs of foreign investors who want to establish an outsourcing business in the UAE, the Dubai local government created Dubai Outsource Free Zone (DOZ) in 2007. Recently, the free zone was renamed Dubai Outsource City.
Foreign investors interested in opening a company in Dubai Outsource City can rely on our company registration consultants in Dubai.
Types of companies to be registered in Dubai Outsource Zone
Both foreign enterprisers and companies are allowed to establish a business in Dubai Outsource City. The free zone limited liability company is available for foreign individuals and companies, while the branch office is a suitable option only for foreign companies. Both types of structures can take advantage of the benefits offered by the DOZ Authority.
Requirements to open a company in Dubai Outsource City
No matter the type of company one wants to establish in Dubai Outsource Free Zone, there are several requirements related to both limited liability companies and branch offices. In order to set up a free zone company, one must take into account the following:
- a minimum share capital of 300,000 AED;
- at least one shareholder (an individual, or a company);
- at least one director.
For opening a branch office in Dubai Outsource Zone, the parent company is not required to deposit a minimum amount, but it must be registered for at least two years in its home country.
How to register a company in Dubai Outsource Free Zone
In order to open a company in Dubai Outsource Zone, the following documents must be submitted with the free zone’s authority:
- the application form;
- a business plan;
- an application for the business license;
- copies after the passports of the shareholders and managers,
- copy after the ID of the local representative, if any.
Free zone companies in Dubai Outsource Zone may apply for a commercial, a service or a trade license.
Foreign investors interested in the advantages related to opening a company in Dubai Outsource City can contact our company incorporation agents in Dubai. We can also assist if you want to open a company in Dubai or another free zone.