Dubai Logistics City
The Dubai Logistics City jurisdiction is the special territorial unit in Dubai, which has the status of a free economic trade zone. This Governmental project was implemented at the beginning of 2009 and has proven its economic feasibility during the years of its existence. The main purpose of the project was to attract in the region the highly qualified specialists in the field of international logistics, and also the development of the national transport logistics.
Dubai logistics city: the unique logistics center in the Middle East
Thousands of international companies, many of which are in world rankings of leaders in manufacturing and sales, operate on the vast area of more than two hundred square kilometers. The regional representative offices of many international companies which provide services of international logistics are registered on the territory of the Dubai Logistics City.
The platform is of potential interest for the following types of companies:
- companies and enterprises which require multimodal transport services;
- corporations and holding formations which look for the effective and professional solutions in the field of logistics and international transport;
- international companies and agencies engaged in the field of transport logistics;
- private entrepreneurs and companies which need the comprehensive transport services or aircraft chartering.
International experts confess that, over the relatively short period, the economic zone has become the main hub and base for combining of air and sea transportation of freight. The features of the jurisdiction allow to optimize all chains of delivery, and therefore to reduce costs and get more benefits. Certainly the Dubai Logistics City economic zone is the largest transport hub at the intersection of trade channels from the West and Asia.
The Dubai Logistics City economic zone is the unique complex, which has successfully implemented an integrated approach in settling the issues of logistics and international transport. For the optimization of all the processes and operations the area is located in close proximity to the region's largest transportation hubs, the Dubai International airport and the Sea port of Jebel Ali.
Dubai Logistics City: services for international business
The foreign entrepreneurs and investors are offered a well-developed infrastructure, which meets all the international standards and requirements in the field of transport logistics. There are modern business centers and office premises, shopping malls and storage facilities with the appropriate equipment on the territory of the economic zone. It should be noted that the operational flow capacity of the air and sea terminals of the economic zone is the millions of tons of cargo annually. For development and investment in transport and business logistics, both ready-made commercial premises in various configurations and land lots for building are offered for clients.
Business licensing and permissible activities
The legal economic and commercial activity in the jurisdiction of the Dubai Logistics City, in addition to the registration or incorporation of a legal entity, requires the availability of a state business license. The authorized state agency of this free zone implements the issuing of licenses and monitoring the compliance with the corporate legal system. The foreign entrepreneurs and investors are granted the following types of business licenses:
- State license for carrying out trading activity;
- State license for the provision of professional services;
- State license for carrying out the production activity.
Accordingly, the following types of economic activity are permissible:
- cargo transportation, which offer a comprehensive multimodal services;
- warehousing and transport logistics services;
- transport logistics and delivery of freights with the use of the individual or special industrial facilities;
- services connected with the support of the international logistics;
- companies and enterprises involved in simple assemblage;
- trading companies and industrial enterprises, which distribute products independently and have their own complex assembly lines and etc.
Dubai Logistics City Free Zone: business advantages
The registration of a company on the territory of the Dubai Logistics City free zone offer a number of business possibilities and associated benefits for potential foreign investors. In particular:
- possibility of 100% ownership by foreign citizens;
- no government restrictions for distribution of gained profits and withdrawal of investment assets;
- import and export privileges;
- opportunities to involve a qualified foreign labor force;
- no state financial control and currency exchange regulation;
- long-term tax holidays;
- ability to use the modern transport platform;
- the flexibility of corporate law and loyalty of the state authorities towards the foreign business;
- the modern infrastructure of international level;
- strategically advantageous location;
- the relatively low cost of energy resources and minimum rates in the region.
To register the international company in the Dubai Logistics City economic zone, it is necessary to prepare all the necessary documents for the company and for its licensing. It should be noted that the administration has an individual approach and is ready to provide a maximum assistance and legal support for every entrepreneur. Besides, if you have any questions or you are considering the possibility of registration of your business in the UAE, you can use the contact us form and receive a detailed consultation on all the issues that interest you.
The Dubai Logistics City Economic Zone is a long-term project implemented by the Government of the Emirate of Dubai. It is the largest in the world logistics center. The project of this kind is implemented for the first time in the Middle East, and this is the main reason that the area has become a major international center for re-export, transport logistics, retail, and also for tourist and banking sector. The registration of the company in the territory of the Dubai Logistics City is the real possibility to enter into the new consumer markets of Africa and India, Europe, Asia and markets of other countries.