Dubai Design District
Dubai Design District, popularly known as D3 is the foremost destination in Dubai committed to designing. Established in the year 2013 by the Ruler of Dubai and UAE’s Prime Minister, D3 serves as an ideal home to large as well as small companies. It is controlled by the Dubai Technology and Media Free Zone Authority and is an innovator in the Middle East. The purpose behind building D3 was to construct a community where all design lovers can enjoy the latest trends along with an intense atmosphere. Sole DXB and the Fashion Forward Dubai are the two greatest events organized in D3.
D3 shares a major location with Dubai Mall, Business Bay, and Burj Khalifa as well. Dubai Design District has become an ideal place for the creative minds where they come together and turn their dreams into a reality. D3 has a wide range of options where individuals can choose from various business activities. Being a world-class business centre, D3 is home to renowned art offices, studios, headquarters, and ateliers of prominent local and global trademarks. The designers from the world explore their skills and capabilities in the Dubai Design District.
Advantages of setting up a business in Dubai Design District
- No corporate tax for the next 50 years
- 100% foreign investment
- The hassle-free process to set-up business in Dubai freezone
- Promotes the up-coming brands in luxury, fashion, and even in retail
- Simple rules and regulations for businesses
- 0% tax rate on personal income and corporates too
- Offers peaceful place to people where they can explore creative ideas, connect with them, and celebrate all trendy things
- World-class designing ecosystem
- Business-friendly environment for foreigners
- Facilitates talented and skilled designers to build a robust reputation by offering a supportive environment
- Offers a special authorizing for fashion and design with freelance licenses for the designers and artists
- From local design studios to well-established fashion houses, all find D3 a magnificent opportunity to explore their talent
- No limitations on foreign clients hiring
- The ideal environment for start-ups
- No restriction on capital and profit repatriation
Types of business formation in the Dubai Design District
- Free Zone Limited Liability Company (FZ-LLC): It is an independent, but legal entity that requires having at least 1 shareholder.
- Branch Office of a UAE/ foreign Company: It is not an independent legal entity. It conducts some or the entire operations intrinsic in its parent company.
- Freelance: This type of license permits an individual to work as a freelance professional.
Types of licenses available in the Dubai Design District
- Manufacturing License: This license is approved to companies that convert raw materials to finished products.
- Commercial License: This license is issued to trade and commerce companies
- Service License: This license is issued to artisans, service providers, and craftsmen.
Nasiha help you start a business in Dubai design district by taking care of the documentation work, legal compliance, office setup, visa processing. We ensure that each and every step is made hassle free for your company formation in Dubai design district. Our team of experts have complete knowledge and years of experience in setting up a business in Dubai design district. Get in touch with us related to company formation in Dubai, and we will assist in the most professional way.
AZIZ
DIRECTOR OF COMPLIANCE AT TABARAK INVESTMENT BANK
Tabarak had the pleasure and professionalism to receive services provided by Nasiha. Very professional, great experience and highly recommended.