Know
UAE Freezones: Dubai Design District (D3)
The
UAE has long served as a significant trade and business centre, and its free
zones' development has been essential to the nation's drive for economic
expansion and diversification. Dubai Design District (D3) stands out among the
several dynamic free zones in the country committed to fostering creativity and
assisting the design sector. D3, founded in 2013, has swiftly gained
recognition as a top destination for designers, artists, and creatives across
various fields.
The
D3 was purposefully created to offer a specialised place encouraging
innovation, teamwork, and creativity across multiple design fields, developing
economic expansion and luring top talent from around the globe.
Location
and Facilities
D3's
prime position in the centre of Dubai, next to Dubai Creek and Business Bay,
provides quick access to the city's most important locations. The district has
a well-planned infrastructure tailored to the design industry's needs with
distinctive design and architecture. It offers an environment for creative
professionals to live, work, and display their talents.
Types
of Business Setup
D3
freezone is under the jurisdiction of the Dubai Development Authority (DDA),
offering the option for businesses to obtain dual licences:
1.
Freezone Licence under the DDA
2.
Mainland Licence under the Dubai Economy and Tourism (DET)
Business
Licences Available in D3 Freezone
1.
Commercial licence
2.
Industrial/Manufacture licence
3.
Services licence
4.
Freelancer licence
Advantages
of Setting up in Dubai Design District
- Tailored
for Creative & Design Businesses: D3's specialised
infrastructure, which includes design studios, creative spaces, and
state-of-the-art showrooms, is tailor-made to meet the requirements of
design-oriented businesses.
-
Full Foreign Ownership: Like other UAE free zones,
D3 allows foreign investors to own their businesses fully, providing an
attractive environment for international creative professionals.
-
Tax Benefits: Companies
operating within D3 benefit from tax exemptions, including zero corporate and
personal income taxes and zero import and export duties.
-
Intellectual Property Protection: The UAE offers robust
intellectual property protection, safeguarding the ideas, designs, and
creations of individuals and businesses in D3.
-
Networking and Collaboration: D3 connects designers,
artists, and creative enterprises to interact, share ideas, and create a
vibrant community that promotes development and success.
-
Access to Local and Global Markets: D3's strategic location in
Dubai provides businesses access to a diverse local market and serves as a
gateway to regional and international markets.
-
Business Support Services: D3 offers business support
services, including streamlined company registration, visa processing, and
administrative assistance.
-
in5 Design: The
innovation centre supports emerging talent and startups in the design industry,
providing them with opportunities for investor engagement, mentorship, and
access to collaborative co-working spaces.
Business
Sectors in Dubai Design District
Dubai
Design District caters to a wide range of design-related industries, including
but not limited to:
-
Fashion and Apparel Design
-
Architecture and Interior Design
-
Industrial Design
-
Graphic Design and Visual Communication
-
Digital Design and Multimedia
-
Fine Arts and Contemporary Art
-
Photography and Videography
-
Jewelry and Accessories Design
Dubai
Design District has attracted several major international and regional design
firms and creative studios since its beginning. Moreover, it conducts various
events, exhibitions, and fashion shows like the Dubai Design Week every year.
It brings together designers, artists, and design fans worldwide to experience
the state of the art in multiple fields.
Conclusion
Dubai
Design District has established itself as a lively centre for creativity,
innovation, and top-tier design with its convenient location, world-class
infrastructure, and commitment to providing a supportive and collaborative
ecosystem. The freezone has become a favoured destination for enterprises and
creative employees in deciding the direction of the regional design sector and
securing Dubai's future as it grows and thrives.
To
know more, get in touch with us at ask@ascentpartners.ae or
at 04 422 7339.