In the heart of the vibrant emirate of Dubai, lies Dubai South, previously recognized as Dubai World Central (DWC), a meticulously planned district that has been handpicked to host the prestigious Expo 2020. This sprawling development encompasses a multitude of sectors, each contributing to its dynamic landscape.
At the epicenter of Dubai South’s expansion is the ambitious Al Maktoum International Airport, envisioned to soar to become the world’s largest airport. Its monumental scale is set to revolutionize air travel, with projections indicating capacities to handle a staggering 16 million tonnes of cargo annually and cater to over 200 million passengers.
Strategically positioned, Dubai South boasts seamless connectivity to both Jebel Ali Port and Al Maktoum International Airport, solidifying its status as a pivotal nexus for international travel, trade, and logistics. This strategic advantage positions Dubai South as an ideal destination for businesses seeking global reach and connectivity.
Dubai South is intricately designed, comprising eight distinct districts, each with its unique charm and purpose. From the bustling Aviation District to the tranquil Golf District, and from the bustling Commercial District to the serene Residential District, each enclave adds a layer of richness to the tapestry of Dubai South.
Upon its full realization, Dubai South aspires to cultivate a vibrant community, accommodating a diverse population of a million residents and workers. This ambitious undertaking marks a significant milestone in urban development, promising not only economic prosperity but also a high quality of life for its inhabitants.
- 100% foreign company ownership.
- No restrictions on capital repatriation.
- No currency restrictions.
- No personal income tax.
- Flexible commercial lease terms.
- 9% corporate income tax (where applicable)
- A 5% standard VAT rate.
