The Dubai South Free Zone was founded in 2006 (previously, Dubai World Central), is a strategic business hub established by the Government of Dubai. Today, the Dubai South Free Zone is the largest and leading global business, trade and aviation hub. The Dubai World Central (DWC) was renamed to Dubai South to reflect the strategic location of the free zone.

The Dubai World Central (DWC), now Dubai South, is spread across a multipurpose area of 140 km2, right next to the Jebel Ali Sea Port. It is located in front of Expo 2020 pavilions. It expects huge flow of people for business and leisure purposes.

The Dubai South Free Zone headquarters is closely situated to the Al Maktoum International Airport, Business Park, Logistics District, Exhibition District, Aviation District, Residential District, Commercial District, Golf District and Humanitarian District. The Dubai South Free Zone international airport can provide convenient logistics and shipment around the Middle East, GCC and the entire world.

The Dubai South Free Zone stands as the strategic platform in the UAE for growth of logistics, light, aviation and ancillary service industries. The Dubai South Free Zone logo serves as a reminder of the vision of the Government of Dubai in making the Dubai South Free Zone residential city a hub of commerce!

Advantages of Business Set Up In DWC Free Zone

  • 100% foreign ownership
  • 100% repatriation of capital and profits
  • No capital deposit and visa deposit required
  • No bank letter required
  • No proof of residency
  • No NOC (No objection Certificate) required for UAE resident from sponsor
  • No corporate and personal income tax
  • Wide range of business activities available
  • Unique industry clustering and purpose-built infrastructure
  • Direct access to Jebel Ali Seaport and Al Maktoum International airport
  • Secure, regulated environment, licensing a wide range of business activities
  • Located on Sheikh Zayed Road, connecting Abu Dhabi and Dubai
  • Close proximity to Dubai Logistics Corridor

Business Activities

DWC offers a very wide range of business activities falling under 5 types of licenses: Services, Trading, Logistics, Industrial and Education. A DWC Company can have up to 3 business activities from the same category in one license and allows to carry out services in the UAE and sell products in the UAE market through a local agent.

Some business activities for Dubai South business setup might require an attested degree or experience in similar field.

It is not permitted to combine non-related activities or commercial and service (consulting) activities under the same license.

If you cannot find your business activity in Dubai South free zone, you should take into consideration DMCC company formation. It offers almost all of the activities used by the Department of

Economic Development but in a free zone area.

How to register your company at DWC?

Contact DWC for a free consultation and discussion with one of the experts who will advise you on the license, business activities and any other requirements for your DWC Company formation.

Application

At this stage we as a consultancy firm will submit to the DWC authorities a company application, three proposed company names, personal information and passport copies for the shareholder and manager of the company. The approval of the application is expected to take 7 to 10 days. The presence of the client is not necessary during the registration process, however, signed documents should be sent in the original form.

Smart Desk

After the approval of the application the DWC authorities will issue the contract for the Smart Desk office which is required to be signed by the shareholder or manager of the company. The original signed contract should be sent to us to be submitted to the DWC authorities.

Registration and licensing

After the submission of the Smart Desk contract, the DWC authorities will issue the certificate of incorporation, MOA, share certificate and company license.

Establishment card

The establishment card will be issued 7 to 10 days after the company registration. The establishment card will allow the company to apply for the eligible residence visa's for the shareholder, manager and employees of the company.

Corporate bank account

After the registration and licensing, the company will apply for the opening of a corporate bank account. The presence of the shareholder or bank signatory in Dubai is necessary for at least one day to sign the bank forms.

Only Audit firms holding a valid Audit trade license in UAE and that are registered with the DWC free zone authority can perform External Audit of entities operating within the Dubai South free zone. The DWC free zone maintains a list of DWC Approved Auditors which contains names of DWC audit firms that are authorized to perform External Audit of financial statements of companies operating within the DWC free zone. All DWC Approved Audit Firms are licensed financial service providers in UAE. The DWC free zone authority has its own processes and procedures in place for giving approval to an audit firm to provide External Audit services within the Dubai South free zone.

The rules and regulations applicable DWC free zone provides auditors with the right to require any document, record and information considered necessary for Audit purposes.

In order to continue providing External Audit services in the free zones and the UAE, the audit firms are required to provide evidence of their employees participating in continuous educational and training programs with regards to maintaining and updating their technical knowledge in accordance with the changing accounting and auditing standards.

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Frequently Asked Questions

Excellence group entity MansoorMulla Auditing of Accounts is Registered and Approved Auditors in DMCC, JAFZA,DIFC,DAFZA, DWC, DSO, SAIF Zone, Hamriyah Free Zone, DED, The Dubai Design District (D3),TECOM, Dubai Media City, and DubaiInternet City.

Yes, we are Approved by Ministry of Economy under registration no 843.

Yes, Our Reports are Widely Accepted with all the Major Banks in UAE.

We follow International Financial Reporting Standards (IFRS) for Auditing and International Accounting Standards Board (IASB) for Accounting.

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Dubai Chamber's "Global Trusted e-Network"

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Mansoor Mulla Auditing of Accounts is a member of Dubai Chamber's "Global Trusted e-Network", a member-only community of verified businesses, where all members go through verification and credit rating process to get labelled as a trusted trading partner or service provider.

After qualifying to get labelled as a trusted business, Mansoor Mulla Auditing of Accounts received the Global "Trusted Member" certificate and badge of trust, in addition to Credit Rating Business Information report on our company. The Report is issued by Dubai Chamber in collaboration with international credit rating agencies.

ISO 9001:2015 Accredited Certification

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Excellence has been awarded ISO 9001:2015 accredited certification in recognition of their commitment to high standards in its accreditation process and internal procedures.

Excellence was assessed and met the requirements of ISO9001:2015 for the following scope of operations: Auditing, Accounting and Bookkeeping, Tax consultancy, Tax reclaim services by the International Register of Quality Assessed Organisations (IRQAO).

IRQAO

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International Register of Quality Assessed Organizations (IRQAO) was established in 1997 to provide a reference to organizations that hold certification thus validating the quality of their processes, products, or services.

To ensure stringent quality control IRQAO only lists certificates that have been awarded by credible third-party assessment bodies. Personnel who have achieved academic qualifications in a field related to quality assurance are also listed.

After completion of a thorough assessment, Excellence auditing was granted and certified by the International Register of Quality Assessed Organizations (IRQAO).

ASCB

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ASCB was formed in 1995 in the United Kingdom to accredit a range of international non-governmental certifying bodies that assess products, personnel and management systems.With their global headquarters in the United States, ASCB serves clients in over 70 countries worldwide, using internationally recognized conformity assessment standards.

DMCC

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The Dubai Multi Commodities Centre (DMCC) Free Zone, located in the Jumeirah Lake Towers (JLT) offers a variety of benefits while setting up a company including different types of licenses, flexible office structures and hassle-free business set up procedures. However, it is mandatory that the businesses in the DMCC Free Zone get their books of accounts audited from registered & approved auditors with DMCC Authority.

DMCC Freezone has a strict guideline regarding the auditing process of the member companies. The DMCC from time to time prepares a list of DMCC approved auditors to strictly adhere to regulations and International Financial Reporting Standards (IFRS). EXCELLENCE AUDITING is one of the leading auditing and accounting firms in Dubai, UAE that is registered with DMCC as approved auditors.

Our expert team of auditors will analyse your DMCC Free Zone Company's accounts and verify financial statements with the aid of supporting documents. Our DMCC approved auditors will help you identify the risk involved in the business operations. Being a leading auditing firm, we offer the services of our experienced chartered accountants to improve and add value to your company's corporate governance practices.

DIFC

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The Dubai International Financial Centre (DIFC), a globally recognized financial free zone in Dubai, has mandated that the companies operating within the free zone are required to get their books of accounts audited by registered auditors in the DIFC.

The DIFC was established in 2004 as an international financial centerto enable the financial businesses to enter and expand into the emerging markets in the region. The DIFC was launched in accordance with UAE Federal Decree No. 35 of 2004 as part of the Dubai government's goal to diversify the emirate's economic resources and attract more investments. The DIFC is an independent jurisdiction within the UAE having its own legal and regulatory framework.

We as Excellence are operating in DIFC since 2021 and are DIFC approved auditors. The DIFC has mandated all the registered companies to get their accounts examined and reported on by the registered auditors in the DIFC. We are one among the few recognized DFSA approved auditors.

DAFZA

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Located across the Dubai International airport, Dubai Airport Free Zone was established by the Government of Dubai in pursuant to law No 2 in 1996. Launched with a vision to accomplish the UAE Government's strategy for an investment-driven economy, the DAFZA houses around 1800 companies from over 20+ sectors and various industries with 17,000+ professionals, who benefit from a business-focused regulatory and tax environment that offers total ownership, full repatriation of earnings and a range of world-class facilities.

The companies registered with DAFZA are required to appoint an approved auditor who will examine and report on the accounts prepared in accordance with local and international regulations. It is also important to note that the auditing is mandatory for both Free Zone Establishment (FZE) as well as Free Zone Companies (FZCO).

Excellence is one of the top-rated auditing and accounting firms in the UAE. Excellence is registered with the Dubai Airport Free Zone Authority.

JAFZA

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The Jebel Ali Free Zone has been established in 1985 to promote trade and to strengthen container throughput at the Jebel Ali Port. In over 3 decades, Jafza grew from 19 companies in 1985 to more than 500 in 1995, and over 8,000 today, which includes nearly 100 Global Fortune 500 enterprises.

Most of these companies have set up their regional headquarters in Jafza to serve the wider Middle East region comprising West Asia, the CIS, Africa and Indian Subcontinent.

Today, Jafza proudly stands as a dynamic base for thousands of businesses from over 100 countries, sustains more than 135,000 jobs and attracts 23.9% of Dubai's foreign direct investment.

Excellence is a highly regarded audit firm in Dubai, UAE. Being a registered auditing firm with the Jebel Ali Free Zone Authority, Excellence highly qualified team of auditors will help companies ensure that their financial statements are true and accurate. Excellence services will ensure that the company's audit report reflect an honest opinion on the financial health of the company thereby making the license renewal process with the JAFZA easier.

DWC

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Dubai World Central (DWC) is Dubai's airport of the future. DWC opened the doors to its 5-7 million capacity passenger terminal passengers on October 27, 2013, while cargo operations were launched much earlier on June 27, 2010. Upon completion, DWC will become the world's largest airport with an ultimate capacity of more than 160 million passengers and 12 million tonnes of cargo per annum.

Dubai Silicon Oasis Authority

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Dubai Silicon Oasis is a globally recognized free zone and an integrated technology park that allows people to live, work, and play. Hosting modern technology based industries and an urban master-planned community in an iconic location, DSO offers state-of-the-art infrastructure and in-house business services.

Designed as a hi-tech ecosystem in Dubai, DSO offers a wide range of benefits. It is considered to be the only technology park in the region that provides both a living and working integrated community.

It is of utmost importance to note that the companies need to appoint the auditor from the DSO Approved list of Auditors. Excellence is one of the top-rated auditing and accounting firms in UAE. Excellence is registered with the Dubai Silicon Oasis Authority (DSO).

Dubai Chamber's Global Trusted e-Network

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Excellence is a member of Dubai Chamber's "Global Trusted e-Network", a member-only community of verified businesses, where all members go through verification and credit rating process to get labeled as a trusted trading partner or service provider.

After qualifying to get labeled as a trusted business, Excellence received the Global "Trusted Member" certificate and badge of trust, in addition to Credit Rating Business Information report on our company. The Report is issued by Dubai Chamber in collaboration with international credit rating agencies.

D3

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D3 is the region's hub for design, fashion, and culture, where trendsetters and forward-thinkers shape the future of design every day.

An interactive ecosystem that houses established designers, nurtures emerging creatives and provides a platform for start-ups and students to rethink the regular.

A platform that showcases regional and local creative talent to a global audience, while nurturing a creative community of ultimate expressions that challenges the norms and incubates even the wildest ideas, turning them into reality.

Excellence is D3 registered and approved auditor, we can analyze and provide a report on the accounts of the companies operating in D3.

Dubai Studio City

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The region's largest media, entertainment and broadcasting hub meets your creative needs by offering the largest sound stages in the region, outstanding production services, backlots, sets, water tanks, production offices, recording studios and much more established in 2005.

Dubai Studio City's one of its kind community brings the perfect mix of business and leisure, in a diverse yet harmonious atmosphere, for over 2800 individuals that call Studio City their home.one of its kind community brings the perfect mix of business and leisure, in a diverse yet harmonious atmosphere, for over2800 individuals that call Studio City their home.

Over the last few years, companies in Hamriyah Free Zone rely on Excellence auditing services for preparing and submitting the audit reports on time to the authority. Excellence auditors are equipped with years of experience in assisting clients comply with regulations thereby ensuring the growth and stability of their businesses.

Dubai Healthcare City

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Dubai Healthcare City (DHCC): the world's first enabling healthcare and wellness free zone ecosystem with an independent regulatory framework right in the heart of the Middle East's most progressive business and tourism destination. Welcome to a city where valued healthcare providers are supported by a strong community service infrastructure, from pharmacies and retail to F&B and personal care.

The DHCC Zone authorities mandate that the companies operating within the free zone must conduct audits only by the auditors approved by the DHCC Zone authority. Excellence auditing is a registered auditing firm with the DHCC Zone authority. Excellence is highly qualified Chartered Accountants would ensure that the DHCC Zone companies have maintained the records in compliance with the local and international regulations such as the IFRS.

Department of Economic Development

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Dubai Economy (Department of Economic Development – Government of Dubai) is the government body entrusted to set and drive the economic agenda of the emirate of Dubai, UAE. Dubai Economy supports the structural transformation of Dubai into a diversified, innovative service-based economy that aims to improve the business environment and accelerate productivity growth. Dubai Economy and its agencies develop economic plans and policies, identify and support the growth of strategic sectors, and provide services to domestic and international investors and businesses.

The Department of Economic Development (Registration & Licensing Sector) allows the Auditing licenses in Dubai as Mainland Company. This will allow you to provide accounting services to other companies. The firm owner also needs well versed and certified staff in audit and as well as account maintenance.

Senior accounting and auditing bodies have welcomed a new federal law setting high standards for registered auditors in the UAE, saying that it will contribute to the country's economic growth. The law sets strict guidelines for the licensing of auditing firms and professionals, with would-be auditors obliged to carry a minimum of a bachelor’s degree in accounting or the same qualification.

Mansoor Mulla Auditing of Accounts is one of the entities of Excellence Group duly licensed from Department of Economic Development (DED) Dubai with license number 738553 and approved by Ministry of Economy to carry out acitivities of Auditing.

IFZA

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Strategically situated within one of the UAE's dynamic business gateways, IFZA Dubai is a leading free zone that provides local and international businesses the ideal platforms, infrastructure and location that optimize the benefits of the UAE's geographic position, world-class infrastructure and business- and tax-friendly environments.

IFZA provides competitive Free Zone License packages, fast and efficient incorporation and an expert team with up-to-date knowledge on rules and regulations to ensure that your client's business foundation is laid in a timely and secure manner.

Excellence's highly qualified Chartered Accountants would ensure that the IFZA Zone companies have maintained the records in compliance with the local and international regulations such as the IFRS.

UAQ Free Trade Zone

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Umm Al Quwain Free Trade Zone (UAQ FTZ) is located in Umm Al Quwain, a friendly, progressive and prosperous emirate with modern infrastructure. Renowned for its desert landscape and unique flora and fauna, it is also a popular leisure destination within the United Arab Emirates (UAE) and is located just 45km from Dubai.

Umm Al Quwain's stable economy, open investment climate and low costs of living and labour make it a strategic business base with the MENA region, Subcontinent, Far East and European markets all within easy reach.

Excellence's auditors are one of the best external auditors in the UAE who will verify the books of accounts and other supporting documents to express a true and fair opinion on the company's financial statements.

Dubai Internet City

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As the region's leading dedicated tech hub establishes in 2000, DIC offers the perfect environment with the right mix of commercial spaces, services, retail, and events for thousands of innovators that strive to make DIC home to great ideas.

Excellence auditing is one of the top-rated auditing and accounting firms in UAE. Excellence is registered with the Dubai Internet City Zone (DIC) Authority.

Dubai Media City

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The region's largest Media and Content Hub established in 2001, home to key global, regional and local brands, with diverse commercial spaces, bustling retail spots and various exciting events.

Dubai Media City's one of its kind community brings the perfect mix of business and leisure, in a diverse yet harmonious atmosphere, for over 25,000 professionals that call Media City their home.

Get your accounts audited by Excellence, trusted and approved auditors in Dubai Media City Free zone.

SAIF Zone

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SAIF ZONE offers you attractive tax-friendly benefits combined with complete ownership in a designated free zone at an unmatched strategic location. With every detail thoughtfully structured and robust service support, SAIF ZONE provides plenty of opportunities to connect and collaborate so you can focus solely on growing your business.

The companies operating in the SAIF Zone must get the books of accounts audited and submitted to the free zone authority within 90 days from the end of the financial year. The audit report needs to be submitted to the SAIF Zone Authority along with the audited financial statements.

The Russian Business Council (RBC)

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We are proud members ofThe Russian Business Council (RBC).

Since our inception, Excellence has been honored to work closely with some of the most exciting and successful brands across the Middle East. To help demonstrate our continuing ambition for growth and commitment to our clients and partners in the region, we therefore decided it was time to join the RBC.

The RBC is devoted to promoting trade and economic co-operation between the Russia and the Middle East. We are delighted to be a member of such a forward-looking and valuable organization and excited for future opportunities in the region with the support of the RBC.

It is the only Russian business organization in the GCC, and is the first port of call for Russian businesses in the UAE. RBC is a unique source of experience and information in doing business in the MEA region, it has wide network of contacts among businessmen and government official.
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