A designated area within Dubai Wholesale City which is also a significant industrial hub in Dubai, is known as Dubai Industrial Park (Dubai Industrial City). It was created with the main objective to hasten the growth and development of the industrial sector in the United Arab Emirates. With a concentration on industries like food and beverage, base metals, transport equipment and components, machinery and mechanical equipment, workshops, logistics, chemicals, and mineral products, Dubai Industrial Park seeks to draw enterprises, engaged in light and medium manufacturing. Dubai Industrial Park strives to support the development and success of businesses engaged in various industries by offering a specialised environment and infrastructure.
Start by creating a thorough business plan that outlines the goals, initiatives, and financial predictions of your organisation. This strategy, which is necessary for company formation, will act as a road map for your enterprise.
Decide on your company's legal form, such as a Free Zone Limited Liability Company (FZ-LLC) or a branch of another business. The decision is based on your unique needs and professional objectives.
Fill up the DIC application form completely, and send it with the necessary paperwork. Your company plan and copies of stockholders' passports are often among the paperwork. The standard list of paperwork includes your business plan, passport copies of the shareholders and directors, and pertinent diplomas and licences.
Upon assessment of your application, DIC will provide you an initial approval, enabling you to carry out the next phases in the business formation procedure. Usually, this approval is given within a few days.
The following step is to get your business a physical address inside Dubai Industrial City. Depending on your business needs, this entails signing a lease agreement for an office, a warehouse, or a piece of land.
Draft the required legal documents, including the MOA and the Articles of Association (AOA). These documents lay out the organisational structure, shareholding, and operational rules of the corporation.
DIC will grant a commercial licence upon the submission of all necessary paperwork and payment of all dues. You have the right to run a business in Dubai Industrial City owing to this licence.
After obtaining a commercial licence, you can move forward with the procedure of applying for shareholders', directors', and workers' visas. This entails providing the required documentation and meeting the UAE government's visa criteria.
Lastly, receive your company's registration certificate and any other
supporting documentation to finish the registration procedure. This
validates your business's presence in Dubai Industrial City and enables you
to start doing business there.
It is crucial to remember that the particular rules and procedures may
change depending on your company's industry, the legal structure you choose,
and any additional approvals or permits needed for particular activities. To
ensure a successful and efficient company setup procedure, it is advised to
obtain professional guidance or speak with the relevant authorities at Dubai
Industrial City.
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