Dubai Airport Free Zone, also known as DAFZA, is a free economic zone that was established in 1996 by the government of Dubai with the aim of creating an investment economy and growing the GDP of the city. DAFZA allows investors to start a business in Dubai at a 0% tax rate and doesn’t put any restrictions on currencies. There are over 1600 Dubai Airport Free Zone company formations across a vast array of industries such as IT, telecommunications, pharmaceutical, construction, aerospace, logistics, food and beverage, and luxury items.
An FZE is a type of company formation that requires a minimum of 1 shareholder and a maximum of 50 shareholders. These shares can be owned by an individual or a company. Below are some financial requirements to register an FZE in DAFZA:
This is a company set up in DAFZA for organizations that already exist outside of Dubai. Foreign company owners can set up a branch office in Dubai and benefit from the city’s dynamic business environment, without any share capital required.
There are three types of licenses available for business setup in DAFZA, depending on the type of operational activities:
A trade license requires for those investors who wish to import, export, distribute, and store-specific product lines.
A service license requires for those investors who wish to operate a service business in Dubai Airport Free Zone.
This requirement for those who wish to carry out industrial activities such as manufacturing, assembling, and packaging.
There are several documents that must submit in order to start a company in Dubai Airport Free Zone. These documents must attest by the UAE embassy in the country of origin and subsequently notarize by a notary public, which authorizes the business setup in UAE.
Following is a list of documents that need to submit to the Dubai Chamber of Commerce and Industry:
Following submission and approval of these documents, licenses will be obtained within 2 business days and company formation in Dubai Airport Free Zone will begin.
Company formation in UAE has multiple benefits and the same can be said for Dubai Airport Free Zone business setup. Following are some major benefits that a DAFZA registered organization will reap:
(a) Corporate and personal income
(b) All imports and exports
To take advantage of the benefits that come with the Company Formation in DAFZA Free Zone, entrepreneurs and investors should team up with a reputable Business Setup Consultancy in Dubai to help them acquire the right licenses and operate efficiently.
At Business Link UAE, we have the best business setup consultants in Dubai who know how to make the process of business setup in Dubai a breeze for both, seasoned and aspiring entrepreneurs. From helping you apply for the right license to creating a feasibility study and a business plan, our reputable business consultants will help you at each and every step of starting a company in Dubai Airport Free Zone.
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