Dubai Airport Free zone Company Formation

Dubai Airport Freezone Company Setup :  The 2012-13 Global Free Zones and Awards organized by the FDI (Foreign Direct Investment) Magazine has ranked the DAFSA 1st globally. This rating is due to DAFZAs well crafted plans and excellent strategic approach to service its partners and investors.

In Dubai, DAFZA – Dubai Airport Free Zone is regarded to be among the most advanced and prestigious free zones, providing businesses with an ideal base within the Middle East region by offering world class infrastructure, business friendly environment, full repatriation on earning, tax exemptions, exceptional facilities and total ownership. Being located strategically just next to the International Airport, DAFZA does boast of quick paperwork processing and clearance to optimize efficiency and business activities.

Dubai Airport Free Zone established in the year 1996 is currently a remarkable opportunity for global investors in huge numbers to establish businesses. This Middle Eastern region is considered to be home to more than 1600 international firms coming from all over the world. Hence, it proudly presents itself to be among the fast growing economic zones.

DAFZA Company Formation Types

1. FZCO

Setup: Such company type is quite similar to that of the limited liability setup and operates within Free Zone. The shareholders can be corporate entities, individuals or probably both.

FZCO

 Features:

• It may range from 1 to 50 shareholders (corporate, individual or both)
• Each share value being USD 272 (AED 1,000)
• Minimum share capital being USD 272 (AED 1,000) per shareholder

2. Branch Setup

Parent company can establish branch in DAFZA with no share capital required.

Branch Features:

• Branch business activities same as parent company
• Branch business same as parent company.
• 100% parent company owned.

Business Licence for DAFZA

1. Trade License

With a valid trade license, the holder can perform trading activities including export & import, re-export, specific products storage and distribution.

2. Service License

This is more service oriented business based and allows the entity to offer services that are mentioned in the license. Consultation will be necessary with sales executives for obtaining service license to facilitate right category selection.

3. Industrial License

Having an industrial license allows the holder to perform light manufacturing industrial packaging, assembling and other activities.

4. General Trading License

With this license, the holder is able to trade in various types of general activities which include import & export, re-export, storage and distribution.

DAFZA business benefits

• DAFZA has a strategic location in the heart of Dubai next to the airport.
• World-class facilities.
• State-of-the-art infrastructure.
• A dedicated logistics center.
• Single window convenience for administrative services.
• Investor-oriented management.
• 24/7 customs services and rapid cargo clearance.
• 24/7 security.

Tax incentives

• DAFZA offers corporate tax exemption of 100 per cent.
• 100 per cent personal income tax exemption.
• 100 per cent import and export tax exemption.

Investment incentives

• DAFZA ensures 100 per cent foreign company ownership.
• 100 per cent repatriation of capital and profits.
• No currency restrictions.