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Dubai Airport Freezone

Dubai Airport Freezone

DAFZA: The fastest growing Zone in the world
Ranked 1st globally by fDi magazine

Dubai Airport Free Zone: Company setup

Dubai Airport Freezone (DAFZA) is ranked 1st globally by the Foreign Direct Investment Magazine’s Global Free Zones & Awards 2012/13. DAFZA won this rating as a result of its outstanding strategic approach and well-articulated plans to service its investors and partners.

 

Dubai Airport Freezone is one of the quickest developing free zones in the Middle East region and provides incredible incentive package to investors. The Dubai Airport Free Zone, like all the UAE Free Zones in Dubai, offers several advantages over locations outside the free zones.

 

DAFZA is one of the most prestigious and advanced free zones in Dubai, providing an ideal base to do business in the Middle East by providing a business-friendly environment, world class infrastructure, tax exemptions, full repatriation of earning, total ownership and exceptional facilities. Strategically located next to the Dubai International Airport, DAFZA is boasting rapid clearance and fast processing of paperwork to maximize business activity and efficiency.

Company Formation in Dubai Airport Free Zone

The DAFZA Free zone is one of the world’s most prestigious, innovative and advanced free zones in the United Arab Emirates for Company Set Up Dubai.

 

Established in 1996, Dubai Airport Free Zone has become the gateway for a remarkable number of global investors seeking business opportunities in the Middle East region. Home to over 1600 international firms from various parts of the world, the DAFZA positions itself as one of the fastest growing economic zones in the region.

Formation Types in Dubai Airport Free Zone

1. FZCO Setup

The FZCO company type is similar to a limited liability company that can operate within the Free Zone. Shareholders may be individuals, corporate entities or a combination of the two.

FZCO Features:

Can be from 1-50 shareholders (individual, corporate or both).
Minimum share capital: AED 1,000 (USD 272) per shareholder.
Value of each share: AED 1000 (USD 272).

2. Branch Setup

Existing companies can establish a Branch of their parent company in DAFZA. No share capital is required.

Branch Features:

100% owned by parent company.
Same business name as parent company.
Same business activities as parent company.

DAFZA offers following licensing options:

1. Trade License

A trade license allows the holder to carry out trading activities including import, export, re-export, distribution, and storage of specific products.

2. Service License

A service license is geared towards service-oriented businesses and enables an entity to provide services specified in the license. Note that obtaining a service license requires consultation with the sales executives to facilitate the selection of the right category.

3. Industrial License

An industrial license entitles the holder to carry out light manufacturing industrial activities, packaging and assembling.

4. General Trading License

A General Trading license allows the holder to trade in general activities including import, export, re-export, store, and distribute.

DAFZA business benefits:

DAFZA has a strategic location in the heart of Dubai next to the airport.

State-of-the-art infrastructure.
World-class facilities.
Single window convenience for administrative services.
Investor-oriented management.
24/7 customs services and rapid cargo clearance.
A dedicated logistics center.
24/7 security.

Tax incentives:

DAFZA offers 100 per cent corporate tax exemption.
100 per cent personal income tax exemption.
100 per cent import and export tax exemption.

Investment incentives:

DAFZA ensures 100 per cent foreign company ownership.
100 per cent repatriation of capital and profits.
No currency restrictions.

The Dubai South area will eventually house 1 million people with mixed accommodation that includes villas and apartments. The residential district covers 715 hectares of area with many projects scheduled to coincide with Dubai Expo 2020.

Our team of professional experts is able to help and advise you regarding the process of setting a business in Dubai Airport Freezone. We have the answer to your questions! Our partners will guide you through the process and get your new business or new branch office operating legally and as quickly as possible. 
Our team of experts are on hand to get your company established in an efficient and timely manner. 

 

We are always open for your enquiries, comments and suggestions that may help us serve you in a better way. Contact us!

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