Home Dubai Freezones Dubai Airport Free Zone Authority - DAFZA

 

Dubai Airport Free Zone Authority

 

Dubai Airport Free Zone (DAFZA) a place for 1600 companies from all around the globe carrying out their operations in the UAE. Established in the year 1996, DAFZA is a strategic plan of the UAE government towards an investment-driven economy. Dubai Airport Free Zone is one of the fastest growing free zones in Dubai. There are various business industries present in DAFZA, like aviation, freight & logistics, IT & telecommunications, pharmaceuticals, engineering, food & beverage, jewelry, and cosmetics. Dubai Airport Free Zone is located next to Dubai International Airport, which provides numerous amenities to the industries established in DAFZA.

International investors reap great benefit from the dynamic growth of this Dubai Free Zone, through the free trade zone’s excellent tax and investment incentives. Dubai Airport Free Zone Authority (DAFZA) is the regulatory body in Dubai Airport Free Zone which handles and manages all the business licensing and registration. DAFZ has a geographical advantage as it serves as a bridge between the Middle East and the African Markets along with Europe and other parts of Asia. DAFZA provides an excellent opportunity for new businesses that are willing to establish their presence in Dubai and in the United Arab Emirates.

Benefits of Setting Up a Business in DAFZA

  • - No restrictions on currency or minimum capital investment
  • - 100% foreign ownership: DAFZA allows its clients to operate as a wholly owned entity, without any need for local partnership. Moreover, the shareholder's liability is limited to the amount of its paid-up share capital
  • - 0% personal income tax
  • - 0% corporate tax for a period of 50 years, a concession that is renewable
  • - No currency restrictions and flexibility for companies to transfer any required capital
  • - 0% customs duties on import and/or re-export
  • - No restriction on hiring foreign employees
  • - Presence of ready-made factories, warehouses, convention centers, on-site residential complexes, and pre-fitted offices
  • - Excellent infrastructure, support services, and communications

Types of Licenses Provided in DAFZA

1. Trading License

It allows the license holder to import raw materials, export, distribute, and store items specified in the license to any country.

2. Service License

It allows the license holder to carry out the services (like legal advisory, accountancy, and business consultancy) specified in the license within the free zone. The type of service must conform to the parent company’s license, issued by the Economic Department or Municipality of the relevant Emirate in the UAE.

3. Industrial License

A business person who is willing to carry light manufacturing industrial activities, packaging and assembling can opt for an industrial license.

4. General Trading License

A general trading license in Dubai allows its holder to trade in general activities including import, export, re-export, store, and distribute. A general trading license provides the holder to trade in more than 2 product categories.

Contact us to set up your business in Dubai Airport Free Zone, our team will be glad to assist you!

For more information and enquiries, please (Contact Us) at  00971558879700 or email us at info@sterlingheightsuae.com

   

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