One of the Middle East’s fastest growing free zones, the Dubai Airport Free Zone is currently home to more than 3100 businesses from a variety of industries, including the airline industry, pharmaceutical products, commerce, manufacturing, logistics, jewelry, IT, and mobile phone accessories.
The announcement of the Dubai Airport Free Zone as a recognized free zone offers investors a fantastic incentive package & finally, DAFZA was founded in 1996. Dubai Airport Free Zone, which is strategically located next to the boundaries of Dubai International Airport, provides a range of cutting-edge facilities with world-class infrastructure and has established itself as a gateway linking markets in the Middle East and Africa with Europe and the rest of Asia.
Dubai Airport Free Zone also provides office and warehouse space to foreign businesses at full-ownership and in a tax-free setting.
Available Business License in DAFZA
DAFZA provides investors with six different company licensing options.
- A trade license specifically enables the import, export, re-export, distribution, and storage of products.
- Service License: Specifically designed for service-oriented enterprises.
- Industrial License: Specifically required for performing industrial, packing, and light manufacturing tasks.
- To engage in online trading of goods and services, you also need an e-commerce license.
- Dual licensing with DED: This permits DAFZA businesses to seek a DED license even though they do not have a physical office on the mainland. The company may also run its operations from DAFZA facilities.
Consultation with the registered agent is required for Service License & Dual License in order to simplify the choice of the appropriate category.
Establishing a Business in the Dubai Airport Free Zone
One of the most famous, cutting-edge, and specific free zones in the world is the DAFZA Free Zone in the United Arab Emirates for Business Start Up Dubai.
Since its establishment in 1996, Dubai Airport Free Zone has served as a major hub for foreign investors looking for possibilities in the Middle East. The DAFZA, one of the fastest expanding economic zones in the area, is home to approximately 3000+ international businesses from all over the world.
The regulatory organization in Dubai Airport Free Zone, known as the Dubai Airport Free Zone Authority (DAFZA), oversees and supervises all business licenses and registration. As a bridge between the Middle East, African markets, Europe, and other regions of Asia, DAFZA enjoys a significant geographical advantage.
Company Formation Types in the DAFZA
Dubai Airport Freezone, often known as DAFZA, is a free economic zone that offers company formation and business establishment services in Dubai, United Arab Emirates.
The following types of company establishment are permitted by DAFZA:
- A branch of an established corporation may operate within the free zone as a Free Zone Company (FZCO), a limited liability company. It is near Dubai International Airport in the region’s free zone.
- Branch of an active foreign business in the Dubai Airport Freezone, with no special share capital requirements.
- A subsidiary company is a foreign business that is permitted to own 100% of a Dubai Free zone firm’s share.
Benefits of forming a company in DAFZA
- “Designated Zone” as defined by VAT rules.
- Excellent location just adjacent to the airport and in the center of Dubai
- Modern infrastructure
- Superior facilities
- Administrative functions are more convenient with a single window.
- Quick freight clearance and 24-hour customs services
- Specialized logistics facility
- Extensive facilities for handling cargo
- 100% exemption from business and individual income taxes
- Full tax exemption on imports and exports
- 100% ownership by foreign firms
- Capital and profit repatriation in full.
- No limits on currencies
Start a Business at Dubai Airport Free Zone
There are a few prerequisites you must satisfy before you open a business in the Dubai Airport Freezone. Firstly, compile all the necessary paperwork. They consist of:
- Passport Copy
- Entry Stamp on visa page
- Passport size photograph
The process of forming a firm must be finished next. Lastly, the establishment of a business bank account, the selection of directors and shareholders, and registration with the Dubai Airport Freezone Authority are all examples of this. You can apply for a variety of licenses in the Dubai Airport Freezone. Moreover, including dual and general licenses for business and industry, industrial licenses, service licenses, and e-commerce.
Conclusion
One of the most popular locations for starting a firm in the UAE’s industrial sector and beginning commerce with markets in Africa, Europe, and Asia is the Dubai Airport Free Zone.
Our business specialists will handle all your company registration requirements. Please get in touch with us, and we’ll be happy to help you establish your company in the DAFZ. Contact us to schedule a free consultation by calling +97144081900. You may also contact us by sending a message to +971507775554 on WhatsApp. Email [email protected] with your question for support.
