Since its establishment, Dubai Energy City has been committed to promoting the use of renewable energy and technological innovation. The area has a complete infrastructure, including electricity, water and communications facilities, providing a good operating environment for settled enterprises and research institutions. Its development goal is to become an energy innovation center in the Middle East and attract energy companies and research institutions from around the world. By providing preferential policies and research facilities, Dubai Energy City aims to promote the application and commercialization of clean energy technologies. In order to attract global energy companies and research institutions to settle in Dubai Energy City, the Dubai government has provided a series of preferential policies, including tax exemptions, land use concessions and financial support. These policies are aimed at reducing the operating costs of enterprises and encouraging technological innovation and commercial applications.
1. Geographical location: Dubai Energy City Free Zone is located in the east of Dubai City, close to Dubai International Airport and Dubai Port, with convenient transportation, convenient for logistics and import and export business.
2. Park configuration: The zone has a complete infrastructure, including modern office buildings, warehouses and industrial areas, suitable for the development of energy and related industries.
3. Tax incentives: Companies registered in Dubai Energy City Free Zone can enjoy tax incentives, including corporate income tax exemptions and other related tax exemptions.
4. Registration and maintenance costs: Relatively low registration and maintenance costs, suitable for start-ups and small and medium-sized enterprises.
Dubai Energy City Free Zone mainly focuses on the energy industry, including but not limited to renewable energy, oil and gas, clean energy technology, etc. The free zone encourages technological innovation and research and development, and supports the development of enterprises in these fields.
1. Choose a business activity: Select an appropriate business activity based on the company's operational needs.
2. Decide on a company name: Choose a unique company name that complies with the naming conventions of the Dubai Energy City Free Zone and submit it to the Free Zone Authority for approval.
3. Submit required documents: Prepare and submit all necessary documents, including: a completed application form, passport copies of shareholders and directors, a business plan, a no-objection certificate (if applicable), proof of address (such as utility bills or lease agreements), and passport photos of shareholders and directors.
4. Obtain preliminary approval: The Free Zone Authority will review the application and issue a preliminary approval.
5. Pay registration fees: Complete the payment of all required fees, including license and registration fees.
6. Sign legal documents: Review and sign the Articles of Association (MOA) and other relevant legal documents.
7. Obtain a business license: After completing all requirements, a business license will be issued.
8. Open a company bank account: Choose a local or international bank to open a company bank account.
The Dubai government has formulated a clean energy strategy, planning to increase the proportion of clean energy in the energy structure to 75% by 2050. This transformation process includes vigorously developing renewable energy such as solar energy and wind energy, gradually reducing dependence on oil and natural gas, and building a low-carbon green economy. Dubai has abundant solar energy resources due to its geographical advantages, making it an ideal place to develop solar energy.
In order to achieve the goals of the Clean Energy Strategy 2050, the Dubai government has introduced a series of preferential policies and subsidy measures: direct subsidies and tax incentives for renewable energy projects; financial support for households and businesses using solar energy; the introduction of green building standards, providing incentives for new and renovated buildings that meet the standards; and the establishment of special funds to support the research and development and innovation of clean energy technologies.
The Dubai Energy City Free Trade Zone is in line with the current situation of Dubai's vigorous development of clean energy, and companies established here can enjoy many benefits.
As a free zone, DEC does not require a local agent, but a local representative must be appointed (usually provided by the registration service provider).
Annual audits are required (mandatory for some industries), renewal of business licenses (once a year), and updating shareholder/director information (if there are changes).
Mainly includes commercial licenses (trade, services), industrial licenses (manufacturing), professional licenses (consulting, engineering), etc., which should be selected based on business activities.
No, DEC allows 100% foreign ownership, and shareholders can be individuals or legal entities with no nationality restrictions.
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.