In the year of 2013 after the establishment of Dubai Design District (D3), it encouraged many foreign investors to embed in creative markets like Digital media agency, art production, design studios and multinational fashion brands. Today, D3 is the household for conducting events for media and design workshops, trade shows, brand launches, fashion shows, fashion to events, art shows and conferences. This particular Freezone is undoubtedly one of its kind for the creative industry, for startups and upcoming fashion, retail, and luxury brands. Dubai Design District is the youngest amongst free zones established under TECOM investment. Being the creative community of UAE, D3 caters to fashion and luxury brand around the world. The vision is to create a world-class artistic community emerging in engagement, nurtures and promotes a local name to global identity.
Dubai Design District was established for the sole purpose of emerging high-end global culture with luxury, fashion, and interiors industry. D3 free zone is the regional hub for design entrepreneurs. This free zone is the region for the luxury and fashion industry, expecting a massive growth in the upcoming growth, an increase in industrial expansion. D3 offers astonishing galleries, photographic studios for art, workshops for professionals, art fairs, museums to flaunt crafts, fashion outfits, luxury items such and jewelry. The purpose of this free zone to support the creativity, develop talents and entrepreneurship. The D3 free zone is regulated by Dubai technology and media free zone authority. The free zone also accommodates various facilities as such as hospitality, residential, office, and rental.
The following Key advantages will highlight the importance of D3 company formation
The free zone is established as a separate legal entity, the shareholders as individuals and Corporate. The Minimum capital investment is required for free zone incorporation is 50,000 AED depending towards the nature of the business.
The freelance professional can perform freelance business activities and work as an individual, sole ownership
The D3 is a creative landscape, flaunting with world-class support. This free zone accommodates several business activities and artistically crafted to showcase the creative side of UAE.
D3 is a well bespoke industry detailed and planned and to develop the emerging culture and blend with the creativity. The community including entrepreneurs, start-up solutions and established international brand of luxury, fashion, and design.
The process of setting up a company formation in hassle-free and incorporation process is not as complicated as any other free zones.
D3 Design District is highly cost-effective, as there is no share capital is required for setting up shop in this free zone. D3 offers low fees for new company formation.
This free zone offers minimal of paperwork for the business incorporation for entrepreneurs and small business owners to start their business in lesser time. On the notion of the convenience no requirements to submit a formal business plan, and auditing is only requested to submit after the second year of the business.
Due to its immense reputation, D3 makes a hassle-free for setting up a business a/c. Offering extensive assistance with the completing the banking paperwork. The setup process with DWC in relatively easy and efficient.