How to Register Company in Dubai Airport Freezone

Dubai Airport Freezone (DAFZ) is one of the most prestigious and strategic free zones in the UAE. It offers a host of benefits for businesses, including 100% foreign ownership, tax exemptions, and access to a world-class infrastructure. If you’re considering starting a business in this dynamic environment, here’s a step-by-step guide to help you navigate the process.

Understanding Dubai Airport Freezone

Before diving into the registration process, it’s crucial to understand what DAFZ offers. Located next to Dubai International Airport, DAFZ provides a seamless business environment with excellent connectivity and logistics support. It caters to a wide range of industries, including aviation, logistics, IT, pharmaceuticals, engineering, and more.

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Benefits of Setting Up in DAFZ

• 100% Foreign Ownership: One of the most significant advantages is the ability to fully own your business without needing a local partner.
• Tax Exemptions: Enjoy complete exemption from import, export, corporate, and personal income taxes.
• Repatriation of Profits: You can repatriate 100% of your profits and capital.
• Strategic Location: Proximity to Dubai International Airport ensures excellent connectivity and logistics.
• Modern Infrastructure: Access to state-of-the-art office spaces, warehouses, and manufacturing units.
• Support Services: Comprehensive support services including licensing, visa processing, and administrative assistance.

Steps to Register a Company in Dubai Airport Freezone

Choose Your Business Activity

Selecting the kind of company activity you wish to engage in is the first step. DAFZ allows various business activities, including trading, manufacturing, consulting, and more. Ensure that your chosen activity aligns with the free zone’s regulations and can be supported by the facilities available.

Select a Legal Structure

You can choose from different legal structures depending on your business requirements:

• Free Zone Establishment (FZE): Suitable for single shareholders.
• Free Zone Company (FZCO): Suitable for multiple shareholders (2 to 50 shareholders).
• Branch Office: If you have an existing company and wish to open a branch in DAFZ.

Reserve Your Trade Name

Selecting a trade name is an essential step. Ensure the name is unique and adheres to DAFZ’s naming guidelines. Submit your preferred trade name to the DAFZ authority for approval. The name should reflect the nature of your business and avoid any prohibited terms.

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Apply for Initial Approval

Once your trade name is approved, you need to apply for initial approval. This involves submitting the following documents:

• Completed application form.
• Passport copies of shareholders and directors.
• Business plan.
• NOC from current sponsor (if applicable).

The DAFZ authority will review your application and, upon satisfaction, issue an initial approval.

Prepare the Required Documents

After receiving initial approval, prepare the necessary documents for company registration. These typically include:

• Memorandum and Articles of Association (MAA).
• Passport-sized photographs of shareholders and directors.
• Proof of registered office address.
• Bank reference letter.
• Specimen signatures of shareholders and directors.

Ensure all documents are notarized and attested as per DAFZ requirements.

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Lease Agreement and Office Space

To proceed further, you need to secure office space in DAFZ. This involves signing a lease agreement for the office premises. DAFZ offers various options, from flexi-desks to fully furnished offices. Choose a space that suits your business needs and budget.

Pay Fees and Obtain License

Once the lease agreement is in place, you will need to pay the applicable fees, including:

• Registration fee.
• License fee.
• Office rent.

After payment, DAFZ will issue your business license. This license allows you to legally operate within the free zone.

Apply for Visas

With your business license in hand, you can now apply for visas for yourself and your employees. DAFZ provides streamlined visa processing services. Submit the necessary documents, including passport copies and medical fitness certificates, and pay the visa fees.

Open a Corporate Bank Account

Opening a corporate bank account is crucial for your business operations. Approach a bank in Dubai with your business license, MAA, and other relevant documents. Each bank may have specific requirements, so it’s advisable to check with the bank beforehand.

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Commence Business Operations

With all the legalities and formalities completed, you are now ready to commence business operations in Dubai Airport Freezone. Ensure compliance with DAFZ regulations and maintain proper records and filings.

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Registering a company in Dubai Airport Freezone is a strategic move that offers numerous benefits. By following the steps outlined above and avoiding common pitfalls, you can ensure a smooth and successful registration process. With its strategic location, excellent infrastructure, and business-friendly environment, DAFZ provides an ideal platform for business growth and expansion.