Headquartered in Dubai, United Arab Emirates, Economic Zones World (EZW) free zone is committed to the ownership, operation, management and development of free trade zones and industrial parks under the Dubai World Group. This free zone was established in 2006 with the aim of providing a robust network of infrastructure platforms of such zones and parks across the globe with an objective to support the dynamic expansion of its booming international customer base. EZW operates as a subsidiary of DP World FZE and is a responsible and socially committed global organization which aims to deploy its evolving dynamic and customer-centric business models to grow and maintain a sustainable society wherever it operates while achieving quality commercial success for its corporate ventures. The free zone is currently operating in the Middle East, Asia, Africa, Europe, and the Americas.
Businesses Established in EZW
The spanning of EZW's business added various major companies in it and thus fostered the growth very rapidly. EZW's current portfolio comprises many renowned regions, including:
Key Benefits of Setting Up a Company in EZW
- 100% tax exemption
- 100% foreign ownership
- 100% repatriation of capital and profits
- Minimal renewal fee
- Provision to own a bank account
- Flexibility of property ownership
- No restrictions for carrying out multiple businesses
Types of Company Formation in EZW
1. Free Zone Company (FZCO)
This type of company requires a minimum of 2 shareholders for its incorporation.
2. Free Zone Establishment (FZE)
This type of company can be established by a sole proprietor or corporate shareholder.
3. Branch Office
A foreign company may establish its office in EZW as a branch office.
Types of Licenses in EZW
1. General License
This type of license is for goods that require special permissions.
2. Trading License
This type of license is used for the import and export of goods.
3. Industrial License
This type of license is used for manufacturing, processing, packaging companies.
4. Service License
This type of license is issued to companies that deal with consultancy, medical services, accountancy, etc.
Why Set Up a Company in EZW?
Economic Zones World (EZW), together with its subsidiaries, develops and operates economic zones, technology, logistics, and industrial parks. It also develops, sells, lease warehouses and provides facility management services. The free zone offers a platform to international investors to establish their businesses in these zones. This acts as an eye-opener for millions of investors who wants to gain an international exposure. EZW focuses on building a perfect network system to ease out the business activities worldwide.
Economic Zones World has been awarded the ISO certificate for Business Continuity Management Systems (BCMS). This certification demonstrates EZW’s preparedness in planning, implementing, monitoring, reviewing, maintaining and continually improving EZW’s document management system. This also includes periodic improvements to the systems in protecting, responding and recovering from emergency incidents when they occur.
If you are looking forward to setting up your business here, you are on the right track; and our advisors at Commitbiz are here to help you with the drill. We commit to take care of all the hurdles lying in your way while forming your business, and shall be more than happy to assist you and be a part of your success journey. For any queries on setting up a company in Economic Zones World (EZW), do contact us – we’d be happy to help.