Its inception dates back to 1996 when it was integrated into the strategic blueprint of the Dubai government. Presently, DAFZA stands out as one of the most rapidly expanding free zones in the region, making a significant 4.7 percent contribution to Dubai’s total Gross Domestic Product (GDP).
DAFZA stands out as one of the few free zones in which the recently introduced Value Added Tax (VAT) does not apply.Dubai Airport Free Zone is the chosen Middle Eastern hub for many globally renowned brands.
The DAFZA offices are located right adjacent to the Dubai International Airport, which is the free zone area of the city. DAFZA allows local and foreign investors a “complete tax-free business setup and execution of services, along with complete foreign ownership and no currency restrictions.” If you are interested in setting up a business at DAFZA then follow the below-mentioned procedure to ensure successful registration of your company.
Furthermore, DAFZA will facilitate round-the-clock operations for companies, allowing them to function everyday of the week. Moreover, there will be no limitations on companies’ ability to hire employees.
DAFZA offers a comprehensive services to its clientele, whether it involves establishing a business or handling administrative tasks. DAFZA currently offers three distinct types of services, which are as follows:
The online intelligent portal of the Dubai Airport Free Zone offers a consolidated gateway to access all information and services provided by DAFZ. This efficient system allows potential and current clients, customers, and potential suppliers to effortlessly access their applications, handle their data, and connect with DAFZ information.
These are the key benefits of Dubai Airport Free Zone Authority
The Companies under partnership with DAFZA operate across diverse sectors, comprising:
In the Dubai free zone, only two specific types of legal entities are permitted to set up their operations:
Establishing a Business in Dubai Airport Free Zone involves several steps:
Embark on the journey of opening a business in Dubai by partnering with Smart Zones® UAE. Our adept company formation specialists will guide you through the business license application and setup process, liaising with relevant government and municipal authorities on your behalf.
Determine the classification of your company, whether it falls under the category of a Free Zone Company or a Branch Office of an Established Company. Depending on the nature of your company’s activities, decide on the specific license you wish to request. Select a suitable facility that aligns with the optimal location for your business.
The required documentation includes an application form, a letter of intent, and, if relevant, the following items: an existing company brochure, an annual financial report, approval from third-party authorities, passport copies and CVs of shareholders and managers, original bank references for each stakeholder, and a No Objection Certificate (NOC) issued by the current sponsor for the manager.
After successfully completing all necessary tasks, the final stage involves obtaining your business license, which also consists of two steps. (i) Signing Lease. (ii) Payment.
Complete the process by opening your corporate bank account for your Dubai Business with Smart Zones® UAE. This final step paves the way for the successful opening of your Business.
Remember that the process may vary depending on your chosen jurisdiction and business activities. Consulting legal and business experts familiar with Dubai's business setup landscape is highly recommended.
Looking for a seamless business setup experience? Trust Smart Zones® Dubai to pave the way.
Submitting incorrect documents can lead to immediate rejection. Our consultants at Smart Zones® UAE ensure you have the right documents, avoiding any complications in the process.
The Cost associated with establishing a company in DAFZA amounts to approximately USD 41,000, inclusive of a 50-square-meter office space and the required license. including:
DAFZA, or Dubai Airport Free Zone, was integrated into the strategic blueprint of the Dubai government in 1996.
DAFZA is one of the rapidly expanding free zones in the region, contributing significantly to Dubai's GDP. It offers complete tax-free business setup, foreign ownership, and is exempt from recently introduced Value Added Tax (VAT).
DAFZA offices are situated adjacent to the Dubai International Airport, forming the free zone area of the city.
DAFZA offers a range of services, including assistance with business setup, rental and licensing support, visa facilitation services, access to exclusive government service centers, and operational support for businesses.
Benefits include full foreign ownership rights, exemption from personal and income taxes, unrestricted transfer of funds, no import/export duties, cost-effective shipping charges, and a streamlined administrative process.
DAFZA permits businesses in diverse sectors such as electronics, information technology, aerospace, logistics, food and beverages, and luxury goods.
Only Free Zone Companies (FZCO) and Branch Offices of Existing Companies are permitted in DAFZA.
The steps involve partnering with Smart Zones® UAE, choosing the company category and licensing options, submitting documents, collecting your license, and opening a corporate bank account.
For individual shareholders, documents include an application form, passport copies, personal bank statements, and a CV. Non-individual shareholders need additional documents like audited financial reports and a resolution for establishing an FZCO.
The cost is approximately USD 41,000, covering rental cost, warehouse fees, license fees, and registration fees for a 50-square-meter office space.
Want to know more, talk to Smart Zones® Dubai advisory team they will be happy to help. Ready to invest in your future?