The Virtual Assets industry is set to build on Dubai’s well-established position as a hyper-connected pro-business city and its continued drive as an ever-evolving business capital, serving the needs of the future economy. As a relatively new free zone established in 2015, DWTC Authority’s regulatory and competitive operating environment is geared up to facilitate the growth of the Virtual Assets ecosystem in Dubai.

With the growing popularity of Virtual Assets such as Cryptocurrencies and NFTs, and the increased prominence of blockchain technology across a multitude of sectors throughout the world, the potential for the Virtual Assets industry’s growth is immense.

The Dubai World Trade Centre will collaborate with the private sector and relevant entities in Dubai to create an attractive environment for the sector, and enforce rigorous standards for investor protection, Anti Money Laundering (AML), Combating the Financing of Terrorism (CFT) compliance and cross border deal flow tracing.

The announcement that comes within the efforts to further develop Dubai virtual assets and markets, includes creating a framework for innovative financial products, adopting new trends that rely on advanced underlying blockchain technology, such as non-fungible token (NFT) and cryptocurrencies.

The step continues to accelerate Dubai’s standing as a leading global center for business, trade and technology, the World Trade Center will deliver and oversee a new world-class regulatory framework of Virtual Asset legislative and enforcement policies, will be critical to facilitating and broadening cross-border operations and ecosystem innovation to enable safe market adoption and growth for this sector in Dubai.

• 100% foreign ownership
• 100% repatriation of all capital and profits
• Zero income and corporate tax for 50 years (renewable)
• No restriction on currency and repatriation of funds
• No restriction on hiring foreign employees
• No restraints over capital nationality
• Freedom to initiate multiple options for legal operating structures Stable and clear regulation
• Dual licensing opportunities
• All-inclusive company formation business start-up packages
• A wide range of co-working and traditional offices
• A prestigious business address in the heart of the city
• Client e-Services platform for Registration, Licensing, Visa, and Tenant Services
• A vibrant business community home to 1,400 companies, onsite hotels, and restaurants
• Proximity to regions’ leading trade exhibitions and business events

DWTC – Dubai World Trade Centre Free Zone welcomes a range of financial and professional business activities. Here are some of the most popular options:

• Event Management
• MARKETING
• CONSULTANCY
• TRADING
• TOURISM AND HOSPITALITY
• EDUCATION AND TRAINING
• IT CONSULTANCY

This is a special permit for companies operating in areas of Dubai World Trade Centre Free Zone owned by company using a license issued by Dubai Economic Department.

The Free Zone offers a highly competitive, single-point of contact operation for corporations, affording them a unique and flexible offering to operate seamlessly, including as an onshore registered business, under an independent free-zone license or as a dual licensed entity from within the same zone.

Free Zone Company (FZCO)

• Certain required documents must be attested (see guide for details).
• A non-individual Shareholder requires additional paperwork (see guide for details).
• All types of businesses requiring only a commercial office for operation can be established as a FZCO.

Free Zone Establishment (FZE)

• Certain required documents must be attested (see guide for details).
• A non-individual Shareholder requires additional paperwork (see guide for details).
• All types of businesses requiring only a commercial office for operation can be established as a FZE.

• A valid registration from a UAE license authority is required to open a branch.
• Certain required documents must be attested (see guide for details).
• All types of businesses requiring only a commercial office for operation can be established as a UAE Branch.

• The branch must be 100% owned by the Parent company.
• Certain required documents must be attested (see guide for details).
• All types of businesses requiring only a commercial office for operation can be established as a Foreign Branch.

Free zone licenses entitle companies of all sizes, from startups and SMEs to large multinationals, to enjoy a number of benefits to operate in Dubai. They also enable companies with prior presence nationally or internationally to establish a new branch with us or move operations entirely.

• COMMERCIAL
• GENERAL TRADING
• PROFESSIONAL
• EVENT MANAGEMENT
• E-COMMERCE
• SINGLE FAMILY OFFICE
• MULTY FAMILY OFFICE

License price starts from AED20,000 and vary from the type of license. We offer special packages that include Dedicated Desk, Housekeeping Services, Utilities & Service Charges, Free Wi-Fi.

Packages exclude Visa Charges, Company Name Approval Charges, Car Parking.