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Business Setup In Dubai Auto Parts City (DAPC)

Business Formation in Dubai Auto Parts City (DAPC)

This purpose-built economic hub is advantageous for free zone company formation from these standpoints:

  • Profitability – Dubai Auto Parts City business setup provides easy access to the region’s lucrative markets;
  • Financing – the free zone is under the jurisdiction of Dubai, which hosts a large corporate finance industry. This means procuring loans at competitive interest rates is convenient for startups, SMEs, and multinational corporations alike;
  • Seamless business operations – setup in the district allows business owners to take advantage of the country’s abundant natural resources, as well as an unlimited supply of skilled workforce;
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  • Following industries you can setup in DAPC

    We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.

  • Benefits of Business Setup in Dubai Auto Parts City (DAPC)

    • 100% foreign ownership;
    • Modern communications infrastructure;
    • No currency restriction;
    • No corporate and income tax for five decades (concession can be renewed);
    • Competitive freight charges;
    • Hassle-free clearances from customs department and financial institutions;
    • No re-export duties;
    • Ability to transfer ownership;
    • No restriction on quantity of imports and exports

    Trust FAR Consulting Middle East for Dubai Auto Parts City business setup. Our business setup expertise combined with regional know-how can enable companies anticipate issues, which may arise throughout a company formation process. As we provide tailored solutions, you can seek our help for company registration, business consultation, trade license processing, and tax advisory.

  • Business Setup Requirements & Procedure

    The following documents are required from applicants before trade licenses and a Certificate of Incorporation can be issued:

    • Copy of Registration Application
    • Original or notarized Company Incorporation Certificate
    • Original or notarized Certificate of Existence, Continuity, or Good Standing
    • Original or notarized Memorandum of Association
    • CV copies of shareholders
    • Notarized or attested resolution for FZE, FZ LLC, or Representative Office incorporation/formation
    • Original and notarized RIC form for corporates
    • No objection letter for the appointed general manager of company (original)
    • Bank reference letter copy for each shareholder
    • Passport copies of directors, members/s, general manager
    • Original ultimate beneficial ownership declaration form
    • Proof of paid up minimum share capital from UAE-established bank (can be deposit receipt)
  • The procedure of processing the company setup would range from 2 to 4 weeks.