HomeFree Zone Company - Dubai Design District - Concept Designer

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Freelance Company SetupConcept Designer

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Dubai Design District logo
JurisdictionDubai Design District
Service
Short description

This freelance activity allows a specialist to provide services in conceptualizing, evaluating, developing, designing ideas for effective generation of new objects, services or concepts and/or enhancing of existing objects, services or concepts that are either tangible or intangible.

About the company's activities
Types of activities

The following business activity has been selected for the Dubai Design District freelance company setup:

  • Concept Designer (25.10.2). A professional engaged in conceptualizing, evaluating, developing, designing ideas for effective generation of new objects, services or concepts and/or enhancing of existing objects, services or concepts that are either tangible or intangible.

The freelance company can engage one business activity type from "Freelancers" (25.10) segment group under the same license without additional fees.

Additional External Regulator Approvals

No additional approvals are required to register a freelance company conducting this business activity.

Share Capital Requirements

The minimum share capital required for Dubai Design District company is AED 10,000. Its contribution is optional.

Company Name Requirements
  • Must correspond to the company’s business activities
  • Must not be identical or similar to local/global brands or registered trademarks
  • Must not contain geographical names, such as the names of emirates, cities, countries and other landmarks
  • Must not contain the names of Allah or God, or any other religious terminology
  • Must not contain the names of local/international religious, political or governmental organizations
  • Must not infringe any third party's intellectual property rights
  • Must not violate the UAE laws or contain words that are obscene, indecent or generally offensive
Bank Account

Entrepreneurs can open corporate accounts in traditional banks with physical branches, as well as in digital banks and payment systems.

When choosing a bank to open a corporate account, consider the following: service level, fees, available currencies, online banking performance, bank reputation, as well as other conditions that may be important for your business.

Successfully opening a corporate bank account requires a well-prepared documentation package, which may vary depending on the specific requirements of each bank. Documents submitted incorrectly or incompletely may negatively affect the bank's final decision in processing the application.

About Jurisdiction
Name and Description
  • Title: Dubai Design District
  • Description:

    Dubai Design District is a free economic zone (free zone) established in 2013 in the Emirate of Dubai, UAE, and is part of TECOM Group. Dubai Design District was created to support and develop creative industries such as design, fashion, art, and architecture, offering an inspiring environment for artists, designers, and startups, while bringing together leading brands and unlocking limitless opportunities for creative thinking and innovation.

    The free zone provides advanced infrastructure, including unique office spaces, studios, showrooms, and event venues that can be tailored to individual business needs. Dubai Design District is renowned for its cultural events, such as fashion shows, art exhibitions, and themed conferences, which bring together international brands and local talent. Businesses registered in Dubai Design District are permitted to operate both within the free zone and beyond the UAE.

    Dubai Design District issues the following types of business licenses:

    • Commercial
    • Professional (provision of services)

    With its combination of unique architecture, advanced infrastructure, and a focus on fostering a creative community, Dubai Design District has become a hub for innovative projects in design and art. Here, companies can expand their operations using the latest technologies and resources, creating a space for creative experimentation and the successful implementation of their ideas.

Advantages

The Dubai Design District company registration provides various benefits and opportunities for entrepreneurs:

  • Access to local and global markets. Companies registered in the free zone can conduct business within the free zone and beyond the UAE. This helps to expand business, create and strengthen partnerships and enables interaction with clients and partners worldwide.
  • Strategic location. The free zone is situated in Dubai’s rapidly developing design district, where cutting-edge workspaces, partnerships with international and local brands, and venues for high-profile events such as fashion shows, art installations, and conferences come together seamlessly.
  • Remote company registration. The free zone enables entrepreneurs to establish their business remotely, without the need for physical presence in the UAE, providing convenient access to the registration process from anywhere in the world.
  • Full profit control. The free zone enables foreign entrepreneurs to retain 100% ownership of their company, granting full control over profits and unrestricted capital repatriation outside the UAE. This fosters an optimal environment for strategic financial planning and efficient business management, free from limitations on economic activities.
  • Wide range of business activities. The free zone offers an extensive list of business activities, enabling entrepreneurs to develop projects in various industries, including fashion, design, art, architecture, and media.
  • Infrastructure. The free zone provides advanced infrastructure, including spacious atriums, galleries, and adaptable venues for exhibitions, art installations, and events. The location features modern office spaces, designer showrooms, and areas for branded activations, making it ideal for professionals in the creative industries.
Offices/Premises
  • Various rental property options are available in Dubai Design District, provided upon preliminary request and subject to availability:
    1. Shared Desk (AED 26,250/year).  A workspace in a coworking space with 24/7 unlimited access. The Shared Desk affords 3 visa quotas. 
    2. Small Micro Studio (from AED 84,000/year). Office ranging from 177 to 185 sq.ft. with 24/7 unlimited access. The Small Micro Studio affords from 3 to 4 visa quotas, depending on the office area, calculated at 40 sq.ft. per quota.
    3. Medium Micro Studio (from AED 115,500/year). Office ranging from 215 to 282 sq.ft. with 24/7 unlimited access. The Medium Micro Studio affords from 4 to 6 visa quotas, depending on the office area, calculated at 40 sq.ft. per quota.
    4. Large Micro Studio (from AED 147,000/year). Office ranging from 302 to 490 sq.ft. with 24/7 unlimited access. The Large Micro Studio affords from 6 to 8 visa quotas, depending on the office area, calculated at 40 sq.ft. per quota.
    5. Shell & Core Office (from AED 240 per sq. ft./year). An unfurnished office starting from 1,000 sq. ft. with 24/7 unlimited access. The number of visa quotas is determined by the rented area, calculated at 80 sq.ft. per visa quota.
    6. Retail Spaces. Retail premises intended for various purposes, including restaurants, art galleries, grocery and retail stores, nurseries, fitness centers, wellness, and beauty salons.
    7. Event Venues. Open areas intended for hosting art exhibitions, conferences, workshops, lectures, fashion shows, and other events.
Tax Regime and Profit Management

The UAE imposes a variety of taxes and fees that regulate the financial activities of both legal entities and individuals. Below are the main ones:

  1. Value Added Tax (VAT):
    • Since January 1, 2018, the UAE has implemented a VAT rate of 5%, which applies to most goods and services and is charged to companies operating within the country, except for those registered in designated zones.
    • A Designated Zone is a territory within a free zone that is treated as outside the UAE for tax purposes, allowing goods to be exempt from taxation, provided certain criteria are met. The main taxation rules in Designated Zones are:
      • Designated Zones are listed in the Cabinet Decision to Federal Decree-Law No. (8) of 2017 on Value Added Tax (VAT).
      • Goods tranferred between or within Designated Zones are not subject to VAT.
      • The export and import of goods between a Designated Zone and a foreign company are also VAT-exempt.
    • For local companies and those registered in Non-Designated Zones (free zones not included in the Designated Zones list), the standard tax rules set forth in the Federal Decree-Law on VAT apply.
      • Companies with an annual turnover exceeding AED 375,000 are required to register with the Federal Tax Authority (FTA) as VAT taxpayers.
      • Companies with a turnover between AED 187,500 and AED 375,000 may register on a voluntary basis.
      • Companies can offset VAT paid on purchases of goods and services (input VAT) against the VAT they collect on sales (output VAT), shifting the tax burden to the final consumer.
      • Some goods and services may be exempt from VAT or taxed at a 0% rate, such as international transportation, educational, and medical services.
  2. Corporate Tax:
    • As of June 1, 2023, the UAE has introduced a corporate tax at a rate of 9%, levied on the taxable net profit of companies with income exceeding AED 375,000.
    • A 0% rate is applied to taxable income not exceeding AED 375,000.
    • Charitable, non-profit organizations and medical institutions are fully exempt from corporate tax.
  3. Excise Tax:
    • Since October 1, 2017, the UAE has introduced an excise tax aimed at reducing the consumption of harmful products and funding healthcare initiatives.
    • The tax applies to alcohol, tobacco products, and beverages containing added sugar, including energy and carbonated beverages.
    • Excise tax rates vary by product category:
      • 50% on carbonated drinks (excluding mineral water)
      • 100% on tobacco products
      • 100% on energy drinks
      • 100% on electronic smoking devices and related liquids
      • 50% on products containing added sugar or sweeteners.
    • Companies dealing with excise goods must register with the Federal Tax Authority (FTA), submit monthly declarations, and maintain records. Excise tax is paid upon the import, production, or release of goods for consumption in the UAE.
  4. Customs Duties:
    • Custom duties in the UAE are applied to most imported goods at a standard rate of 5% of the cost, insurance, and freight (CIF). Some product categories, such as pharmaceuticals and food items, may be exempt from duties or subject to reduced rates.
    • Goods imported into the UAE's free zones are generally not subject to customs duties as long as they remain within these zones. However, once such goods are moved to the UAE mainland, standard duties apply.
  5. Personal Income Tax:
    • In the UAE, personal income is not subject to taxation.
    • UAE citizens and residents are exempt from paying taxes on their personal income, including salaries, interest, dividends, inheritances, gifts, luxury goods, and capital gains.
  6. Other Local Taxes and Fees:
    • Individual emirates may impose specific local taxes and fees in line with their economic and social needs.
    • These taxes and fees are aimed at supporting public services and implementing infrastructure projects.
Resident Visas

Dubai Design District offers the following main types of UAE resident visas for foreign investors and company employees:

  • Employment Visa:
    • Issued by the company for its foreign employees.
    • Permits residency and employment in the UAE.
    • Depending on the job position, education and specialization may need to be verified.
    • Valid for two years but can be canceled if the employee is absent from the UAE for more than six months.
    • Can be renewed alongside the employment contract.
  • Dependent Visa (for family members and domestic staff):
    • Issued to the sponsor's family members and accompanying domestic staff (nannies, housekeepers, caregivers, etc.).
    • Permits residency in the UAE.
    • Valid for two years.

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