Monday, 18 June 2012

Basic Info about incorporation at Dubai Logistics City UAE

Dubai Logistics City (DLC) is the world's first truly integrated logistics platform with all transport modes, logistics and value added services, including light manufacturing and assembly, in a single customs bonded and Free Zone environment. DLC is adjacent to what will eventually be the world's largest airport, the DWC-Al Maktoum International Airport. Already the regional centre for re-export, retail, leisure, aviation, IT and banking, Dubai has more than 60% of the entire Middle East's imports transiting its borders. With a logistics market growing in excess of 20% annually, Dubai is now driving even further growth through the creation of DLC. This unique platform supports the emirate's market leading position as a logistics hub for the wider Middle East and beyond - a market of more than two billion potential customers from South East Europe, the CIS, Indian Sub- Continent, Middle East and Africa.

DLC will have the capacity to turnover 12 million tonnes of air cargo annually, in addition to having its own Staff Village set in landscaped surroundings with sports and leisure facilities, restaurants, shops and service centers. Dubai Logistics City will deliver a business-friendly, free zone platform, offering state-of-the-art infrastructure and services operated by highly experienced logistics professionals. DLC provides this free zone platform exclusively for logistics businesses to ensure the logistics community can optimally collaborate and will find sufficient space to expand in the future. Dubai Logistics City offers the companies and individuals the following incentives and benefits: 100% corporate tax exemption 100% repatriation of capital and profits 100% personal income tax exemption Single window clearance (One stop shop)

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Posted by Winston Wambua, Senior Business Consultant

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