Maintaining Free Zone Register in DWC

Dubai World Central (DWC), a 140km² development in Jebel Ali, Dubai, centered around the new Al Maktoum International Airport,Jebel Ali. DWC Free Zone establishment aims to promote the businesses and organisations operating in the aviation and logistics industries.

The Corporation, through the Company Registrar, will maintain the Register in such form as it may determine from time to time. Once an application to register a Free Zone Enterprise has been approved and all required documents and materials have been received by the Company Registrar, along with payment of the specified share capital (if registering a DWC limited liability company) and all other applicable fees as set out in the Tariff, the Company Registrar will enter the details of the Free Zone Enterprise in the Register and issue:

For a DWC limited Liability Company:

· a certificate of incorporation duly executed on behalf of the Corporation specifying the name of the company; (ii) the registration number; (iii) the Registered Office address; and (iv) the date of incorporation;

·  individual share certificates duly executed on behalf of the Corporation for each shareholder which specifies the number and value of shares held by that shareholder;

· the Memorandum of Association of the company; and

· the Articles of Incorporation of the company.

For a Branch Company:

·  a certificate of registration duly executed on behalf of the Corporation specifying  (i) the name of the Branch; (ii) the registration number; (iii) the Registered Office address;  and (iv) the date of registration.

From the date of incorporation a DWC limited liability company will be a body corporate capable of exercising all functions of an incorporated company but with such liability on the part of the shareholders limited to the amount of the share capital for which they have subscribed, save that the liability of the shareholders will not be limited in cases of fraud.

From the date of registration of a Branch, the Branch will be capable of exercising all functions of its parent company/organisation but it will not be endowed with a legal personality separate from that of its parent.

The Register will be open to the public for inspection subject to the Corporation's prior approval and the payment of the appropriate fee as set out in the Tariff.