Dubai Airport Free Zone
Dubai Airport Free Zone (DAFZA) was established in 1996, wholly owned by the government of Dubai.
Dubai Airport Free Zone (DAFZA) as per its name is located at Airport area of Terminal 2, the courteous & quality service and well organized infrastructure & facilities provide the investor obstacle free space to practice and nurture their business.
DAFZA is one of the best business zones in the world that allows international investors to access boundaries of 120 nations through that is the main cause leads to flourish the business of import and export of product and services.
Types of Companies
An investor can set up 2 types of companies that are Free Zone Establishments (FZE) & branch office of foreign companies.
Full foreign ownership is allowed with 1 shareholder to at most 50 shareholders and it must have a minimum share capital of 1,000 AED.
It has 169,000 sqm of serviced office space with total 13 office buildings.
It has 87,040 sqm warehouse spaces with 256 warehouses in total.
Employers & Employees
Over 1600 companies are enlisted with more than 10,000 tenant employees.
- Trade licenses for importing, exporting, distributing or storing products
- Service licenses
- Industrial licenses for processing, manufacturing, assembling and packaging according to the regulations of the Dubai Airport Free Zone Authority
- Cutting edge infrastructure
- Strategic location
- Light Industrial Units
- Executive Suite Packagell
- Smart Desk Package
- Services Office
- Located at the center of Dubai
- The incentives for foreign Investment
- Tax Deduction
- Shareholders can be a natural person or a legal entity
- Foreign companies are allowed to open branch offices in DAFZ without minimum share capital requirements.
- The following documents must be supplied when starting a company in DAFZ
- A prescribed application form
- A business plan, applicable only for free zone establishments set up by individuals
- A letter of intent
- The details about the company’s business, applicable to branch offices and other legal entities;
- No-Objection Letter provided by the UAE sponsor.
If opening a branch office, the foreign company must also submit its Memorandum and Articles of Association and Certificate of Incorporation together with a Resolution of the management board confirming the establishment of the branch office.