Dubai Airport Free Zone
(DAFZA)
Dubai government started an initiative almost 20 years ago to start Free Trade Zones in the country to increase their market values and transform the economic structure. Dubai has amazing benefits for foreign investors and offering them reliable off-track inducements. That’s why DAFZA is the first choice of many foreign investors. Dubai Airport Free Zone (DAFZA) is a place for more than 1600 registered companies from around the globe carrying out their tasks in the heart of UAE. DAFZA is a pioneering step taken in 1996 by the government of UAE to change the industrial control and to create an investment-driven economy for everyone. Not only these there are many Free Zone Authority in Dubai like Dubai Academic City, Dubai Creative Clusters Authority, Dubai Biotechnology, and Research Park and much more. Located next to Dubai International airport, DAFZA is one of the fastest-growing Free Zones in Dubai with many shares worldwide.
In recent years, Free Zones has been a major benefit to the growth of many businesses and shareholders. This creates an amazing market sense and creates a benchmark with the UAE government. As a result of this, Dubai achieved its value in the international community for business persons to start their offshore firms here. Apart from all this, there are so many benefits like complete ownership, less taxation and least constraints. Dubai Free Zone Authority handles all the business registration and licensing process. In terms of geographically, Dubai Free Zone acts as a bridge between African Markets, Europe, Some parts of Asia and the Middle East.
business setup in DAFZA
Dubai Airport Free Zone Authority - FACILITIES
DAFZA has airport services that allow transport directly to 240 locations around the world.
As for the office facilities, DAFZA offers the following:
- Flexi-desk spaces
- Executive offices
- Storage areas
- Warehouses
All low-cost packages include smart desks that will allocate 1 – 2 visas per license depending on the number of desks rented. If you are renting an office, you will be getting 1 visa slot per every 8 sq meters of the area.
Office rental fees may seem higher than in Dubai Mainland, however, the fees include utilities. Offices are fully fitted and ready to move in. One parking space is included too.
Types of Business setup licenses Available in DAFZA
To start a business in DAFZA, the first step is to state your nature of the business and require to have a proper license from the government. There are 4 different licenses available in DAFZA to start your operation in Dubai.
Trade License
Allows the holder to carry out trading activities including import, export, re-export, distribution, and storage of specific products.
Service License
A service license is geared towards service-oriented businesses and enables an entity to provide services specified in the license.
Industrial License
An industrial license entitles the holder to carry out light manufacturing industrial activities, packaging and assembling.
General Trading License
A General Trading license allows the holder to trade in general activities including import, export, re-export, store, and distribute.
Advantages of Business Setup in DAFZA
Each Free zone company in Dubai and other emirates has its own business advantages over the others. Here are some advantages that are perfect for any business to consider DAFZA as their first free zone choice.
Types of Business setup licenses Available in DAFZA
To start a business in DAFZA, the first step is to state your nature of the business and require to have a proper license from the government. There are 4 different licenses available in DAFZA to start your operation in Dubai.
- Service License
A service license is used to enable the entity to provide services in a specified region. It is usually meant for service-oriented businesses.
- Trade License
Trade license includes import, exports, distribution, and storage of a specified product. A business trade license is compulsory for every business entity in Dubai.
- Industrial License
An industrial license is used for the manufacturing of a specified product. This includes industrial activities, assembling, and packaging.
- General Trading License
A company can apply for General Trading License if they wish to export, import or trade goods or products such as electronics, furniture, clothes, etc. This license is normally used when a company wants to trade in more than 2 products.
- E-Commerce License
Allow the holder to carry out trading of goods and services over an electronic network using electronic means
- Dual License with DED
Allows Businesses that register to operate within Dubai Airport Freezone to also be licensed to operate onshore in the emirate with a Dubai Economic Department License. Note that obtaining this license requires consultation with our sales executives to facilitate the selection of the right category.
benefits of setting up a business in DAFZA
- The Strategic Location situated next to Dubai International Airport with World-class infrastructure provides clients an upper hand to perform business activities effectively and efficiently.
- 24/7 customs services and rapid cargo clearance
- Dedicated logistics center
- 100% corporate tax exemption
- 100% personal income tax exemption
- 100% import and export tax exemption
- 100% of foreign enterprise ownership
- 100% repatriation of capital and profits
- No currency restrictions
- It is one of the designated zones
- Strategic location in the heart of Emirate, Dubai- Just next to the airport
- world-class facilities like pristine high tech offices, access to local markets, prime accommodations, conference rooms, etc.
- Easy administrative services-Single window
- state of the art infrastructure
- 24/7 custom services
- Rapid cargo services
- Dedicated logistics partner
- Round the clock services
- Investor-oriented management services
Available activities are spread in various sectors in DAFZA
The list is extensive and is important in zeroing down on the business activity. Seek the assistance of an international business consultant who has helped hundreds of business owners identify suitable business activity and set up business in Dubai Airport Free Zone.
Steps on how to set up business in Dubai Airport Free Zone
The Dubai government has sorted out many complex things in a user-friendly online procedure. DAFZA, on the other hand, has maintained a systematic process for company management and registration. The process is completely hassle-free and easy to understand. It requires only three basic steps that are described below.
- Select Business Entity, Facility, and License available in DAFZA
The most common step is to first select your nature of the legal business entity. The next step is to select either you want a Branch Office or a Free Zone Establishment.
Once you have chosen the business entity, it is now time to select your business license which is according to your business operation.
After you have chosen your Business license, now its time to select the right facility for your business location. DAFZA provides a huge variety of co-working spaces, fitted office spaces, business offices, and light industrial units for your business operation.
- Submit The Document
If you want to register a company in Dubai Airport Free Zone Authority then the following documents are required.
- Letter of Intent
- Your Company brochure(mother country if available)
- Shareholders or Annual Financial report
- Six months bank Statement (not required for new registration)
- Copy of Manager passport and resume
- Copy of Shareholders passport and resume
- Bank reference letter for each shareholder
- NOC by the current sponsor
- Approval from third-party authority (required in some businesses)
After submitting all of these documents, the process will take 2 to 4 weeks. It is important to note here that each Free Zone Authority in Dubai has its own terms of documents. All the documents mentioned here are for DAFZA only.
- Collect Your Business License
The final step is to collect your Business License. Before starting
your business operation in DAFZA is to:
- Sign the lease agreement
- Payment of Fees
- Collection of documents
Our Role in Dubai Airport Free Zone Authority
Our team at WIS Business Setup Consultancy has helped many potential clients to set up their business in many Dubai Free Zone Authority. We have potential experience in every nature of business in Dubai. Our team of business consultants can take care of your company banking operation, registration, license, facility, taxation, and VAT registration. Contact us and our team will gladly assist you in any nature of business in Dubai Free Zone and Mainland Authority.
