Dubai Textile City

Dubai Textile City also stands for DTC is a mutual effort by Ports Customs and Free Zone Corporation (PCFC) and TEXMAS Group. Completed in 2006, DTC was in the first place to promote and support the textile industry in Dubai. Located in Al Awir Free Zone, DTC aims to advance the involvement of Dubai in the textile market across the globe. In today’s time, DTC has established as one of the largest plus most opportune textile centres.

DTC Free Zone has the entire support of Dubai Ports and Customs. The long-term storage in DTC offers relief for about 5% customs duty for the stored products. The worldwide promotion of Dubai Textile City and its publicity will fetch innovative markets and merchants to trade in Dubai. The terms of the lease or rents are highly accessible to the DTC members and met by TEXMAS as well as the textile merchants of the country.

Benefits of business setup in Dubai Textile City

• 100% repatriation of profits and capitals
• 0% corporate and personal tax
• Provides enthusiastic warehouse facilities
• No tax rate on personal income
• 100% foreign investment
• Exemption on customs duties
• Availability of subleasing options
• World-class infrastructure and publicity encourage better business turnover
• Renewable and long-term lease options for 30 years
• Free custom duty on goods transfer into the region
• Pay only ground lease and rent-free for about 15 years
• No additional costs, whatsoever
• Large incentives encourage local and foreign companies to invest in the free zone
• Magnificent showroom space and front office.
• Small operational expenses
• Enables the companies to achieve maximum productivity and growth in the textile sector

Types of business formation available in Dubai Textile City

1. Free Zone Establishment (FZE): It is a separate or independent business entity including one shareholder.
2. Free Zone Company (FZCO): It is a legal entity with more than one and limited to five shareholders.
3. Branch Office for UAE/ foreign company: The companies doing business under its parent companies are specified in this branch.

Types of business license permitted in Dubai Textile City

• Trading License: It is approved to already established companies as well as entrepreneurs looking to start their business.
• Textile License: It is offered to local and international companies connected to trade of the textile sector.
• Fashion License: It is issued to large fashion brands as well as home-grown businesses that look to capitalize in the textile sector.

Nasiha  can help you grow, set up a business in Dubai Textile City and flourish. We understand the entire business registration in Dubai freezone, thus saving your time and resources. We have an expert team who will take care of your company set up, documentation work, licensing, visa processing. Feel free to get in touch with us and we will be more than happy to assist you!