Dubai airport freezone was established in 1996 and is a dynamic business hub located at the very heart of global trade.
Benefitting from direct access to the world’s busiest international airport, DAFZ offers the ideal gateway to the Middle East and also unrivalled connectivity to Europe, the Indian Subcontinent and the Far East.
DAFZ is now home to more than 2300 registered businesses from over 20+ sectors and various industries with 17,000+ professionals, who benefit from a business-focused regulatory and tax-free environment that offers total ownership, full repatriation of earnings and a range of world-class facilities.
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.
In accordance with its customer-centric focus, DAFZ provides a full range of ancillary business support services and facilities on-site, such as licensing and registration; employee sponsorship; online transaction processing; government services; banking; communications; 24-hour security; housekeeping and building maintenance; cafes and food courts; health care; travel arrangements; and car rentals.
source: Dubai Airport Free Zone
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