The Dubai Airport Free Zone (DAFZ) stands as one of the most rapidly expanding free zones in the Middle East, accommodating over 3100 companies across diverse industries such as aviation, pharmaceuticals, trading, manufacturing, logistics, jewelry, IT, and mobile phone accessories.
Positioned strategically alongside Dubai International Airport, DAFZ offers an exceptional incentive package to investors, making it an attractive choice for businesses. With state-of-the-art infrastructure and modern facilities, it serves as a vital gateway connecting markets in the Middle East and Africa to Europe and Asia.
Foreign companies benefit from full ownership of office space and warehouses in a tax-free environment within DAFZ. The zone’s streamlined procedures enable organizations to commence operations within a matter of days, providing a conducive environment for business setup.
Located centrally in Dubai, DAFZ has rapidly established itself as a key business hub in the Gulf and Middle East region. Furthermore, Dubai’s advantageous geographical position grants access to burgeoning markets, encompassing over 1.5 billion consumers across the GCC, other Arab nations, the Asian subcontinent, parts of Africa and Europe, and countries of the Commonwealth of Independent States (CIS).
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Types of Business Setup Options in DAFZA
The Dubai Airport Free zone Authority (DAFZA) offers a range of options for business setup to cater to diverse needs and objectives. Here’s an overview of the primary types:
1. Free Zone Establishment (FZE)
This is the most common type of business setup in DAFZA. FZE companies can be established with a minimum of one shareholder and no maximum shareholding limit.
2. Free Zone Company (FZC)
FZC allows for multiple shareholders, with a maximum limit of 50. This structure is suitable for larger businesses or those with multiple stakeholders.
3. Branch of a Foreign Company
Foreign companies have the opportunity to establish a branch in DAFZA to conduct business within the UAE market.
Business License Options Offered by DAFZA
a). Trade License:
Permits the undertaking of trading activities such as import, export, re-export, distribution, and storage of specific products.
b). Service License:
Tailored for businesses primarily offering services, such as IT services companies.
c). Industrial License:
Designed for light manufacturing and industrial activities, including packaging and assembling.
d). E-Commerce License:
Enables the trade of goods and services over the internet.
f). General Trading License:
Allows for the trade in a wide range of items, covering import, export, re-export, storage, and distribution.
e). Dual License with DED:
Enables DAFZA companies to obtain a Dubai Economic Department (DED) license without the need for physical office space in the mainland. Businesses can operate from DAFZA premises while holding this license.
Starting a Business in DAFZA: A Comprehensive Guide
Step 1. Initial Consultation:
Contact a reputable business setup consultancy in the UAE, such as Company Setup Consultants. Discuss your business objectives, planned activities, and desired company structure. Receive expert guidance on the most suitable business license and legal framework.
Step 2. License Selection:
Choose the appropriate license type based on your intended business activities. Options include Trading, Commercial, Industrial, Service, and e-Commerce licenses.
Step 3. Company Formation in Dubai Airport Freezone:
Provide all necessary documents and information for DAFZA company registration. This includes obtaining trade name approval, outlining shareholder details, and drafting a Memorandum of Association. Your chosen business setup consultancy will handle all legal paperwork and formalities.
Step 4. Office & Visa Support:
Select an office space within DAFZA that aligns with your business requirements. Company Setup’s experienced team will assist you in finding the perfect office space within DAFZA, considering factors such as budget, size requirements, and amenities.
Step 5. PRO Services & Bank Account Opening:
Benefit from ongoing support with PRO services, including immigration assistance, visa renewals, and obtaining government permits. Additionally, receive guidance in opening a corporate bank account and accessing financial services within DAFZA.
Document Required to Company Formation in DAFZA
So as to set up a company in Dubai Airport Free Zone, a lot of documents must be prepared and submitted with the Dubai Airport Free Zone Authority (DAFZA). These documents are:
- A prescribed application structure issued by the Authority;
- A letter of goal;
- A marketable strategy ( for a FZE) or an insights concerning the parent company (for a branch office);
- Yearly accounting reports (for a branch office);
- Ank articulations of the shareholders which can’t be over a half year old for natural persons;
- A bank reference articulation for the shareholders;
- Duplicates after the international ids and cvs of the shareholders and supervisors;
- A No Objection Letter for the supervisor, on account of a branch office;
- A No Objection Letter from the applicable authority in the part the company will work in.
Our company enlistment representatives in Dubai can enable you to prepare the fundamental documents to begin a company in DAFZ.
What is The Cost Of Business Setup in DAFZA
The cost of setting up a company in DAFZA typically starts from AED 14,999*, but this figure can vary based on several factors, including:
- Different License Types: Each license type incurs its own fees, which can impact the overall setup cost.
- Additional Licenses and Permits: Obtaining additional licenses or permits for specific activities may incur extra costs.
- Type and Number of Business Activities: The scope and number of business activities you plan to undertake can influence the total setup expenses.
- Office Space Size and Location: The size and location of your chosen office space within DAFZA will significantly contribute to the overall cost.
- Number and Type of Visas: The number of visas required for yourself and your employees, as well as the type of visas, can affect the overall expenditure.
- Additional Services: Opting for additional services such as PRO assistance or legal consultancy may incur additional fees.
Recent fee reductions by DAFZA, up to 65%, have made business setup more affordable than ever. Shuraa Business Setup offers competitive rates for its services and can assist you in finding ways to optimize and save on your DAFZA company setup costs.
Permissible Business Activities in DAFZA
DAFZA provides a diverse range of business activities for entrepreneurs to engage in. Some of these activities include:
- Import, export, and re-export of goods.
- Logistics and transportation services.
- Manufacturing and assembly operations.
- Professional services, including consultancy, legal, and accounting services.
- Architectural activities.
- Engineering activities.
- Transport, shipping, and storage services.
- Information Technology (IT) and Media-related services.
- E-commerce ventures.
- Mobile trading services.
- Waste trading activities.
Advantages of Business Setup in DAFZA
Opting for company formation in the Dubai Airport Freezone offers numerous benefits for both aspiring businesses and entrepreneurs, including:
100% Foreign Ownership:
Enjoy complete control and ownership of your business without any local partner requirements.
Tax-Free Environment:
Maximize your profitability by operating in a tax-free environment, allowing you to retain more earnings.
Strategic Location:
Benefit from easy access to Dubai International Airport and major transportation hubs, facilitating efficient logistics and connectivity.
World-Class Infrastructure:
Access advanced facilities and amenities within DAFZA, providing optimal support for your business growth and operations.
Flexible Licensing Options:
Choose from a diverse range of licenses tailored to suit your specific business needs and activities.
Repatriation of Capital and Profits:
Enjoy the freedom to repatriate your capital and profits without any restrictions, facilitating financial flexibility.
Visa Sponsorship:
Obtain visas for yourself and your employees, simplifying the process of residency and employment within the UAE.
Simple and Streamlined Regulations:
Benefit from straightforward and easy-to-follow procedures for business setup and ongoing operations, ensuring a hassle-free experience.
Ready to Launch Your Business in DAFZA?
Embark on your entrepreneurial journey in the dynamic Dubai Airport Freezone (DAFZA) with Company Setup Consultants. Schedule your complimentary consultation today and kickstart your path to success. Our dedicated team is here to support you in realizing your business aspirations. Reach out now to take the first step towards establishing your presence in this thriving business hub.
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