Dubai Airport Free Zone (DAFZA) – Discover Its Hidden Benefits!
As one of the most acclaimed and renowned Free Zones in Dubai, Dubai International Airport (DFZA) offers the ideal platform from which to do business. If you’re looking for a Free Zone that offers motivation, development and passion then Dubai Airport Free Zone could be just what you are looking for. Located in the heart of Dubai, next to Dubai International Airport, it offers quality business activity plus an efficient fast track clearance and processing of paperwork, plus wonderful benefits such as exceptional serviced office facilities and industrial units. Dubai Airport Free Zone (DAFZA) features a world class infrastructure, with generous tax exemptions, investor incentives and no currency restrictions. It also provides total ownership with exceptional facilities. DFZA offers various license types including, Trade License, Service License, Industrial License, and General Trading License. The required shared capital starts at only AED 1,000 with a minimum capacity of one shareholder to a maximum of fifty. There are a wide range of activities to register your company under which include manufacturing, import-export, packaging, raw materials to name just a few. Dubai Airport Free Zone Authority (DAFZA), the economic zone that encompasses Dubai International Airport and the surrounding area, reported a 25 per cent year-on-year increase in registered companies in 2017, supported by a 6 per cent increase in leasable space over the period. These increases highlight DAFZA’s role in supporting the UAE’s economic diversification strategy and enhancing the investment and trade movement in Dubai and the nation as a whole, as quoted by DAFZA chairman, Sheikh Ahmed bin Saeed Al Maktoum. DAFZA grew its range of registered companies to 1,600 in 2017, a 25 per cent increase from 2016. This upward trend reflects the growing confidence of foreign investors and major international companies in Dubai Airport International Free Zone. Developing strong ties with import and export trades and services, it has encompassed a large array of companies across the globe covering a vast number of key industry sectors. These include aviation, freight & logistics, IT & Telecommunications, pharmaceuticals, engineering, food and beverages, jewelry and cosmetics. DAFZA was formed in 1996 as part of the Dubai Government’s strategic plan to move the Emirates towards an investment driven economy. The Free zone provides direct access to a number of government services, including Immigration, Customs and the Chamber of Commerce – helping to streamline procedures. The Airport currently handles over 120 airlines, serving more than 200 destinations worldwide. It is considered to be the Middle East’s premier airport and by 2020, the estimated number of tourists expected to travel through the airport are expected to triple. If you are interested in setting up your business in DAFZA, Europe Emirates Group will help, advise and support you throughout the incorporation process from determining your business formation type, legal consultation and regulations on compliance, through to ultimately acquiring the relevant trade or service license you require. Want to find out more? Call us today so we can help you start setting up a DAFZA business straight away, we’d be delighted to hear from you. @Laura Mackley - Europe Emirates Group - Corporate Services Consultant