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UAE Free Zones
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Dubai Airport Free Zone
Established in 1996, Dubai Airport Free Zone (DAFZA) is wholly owned by the Government of Dubai. DAFZA is the only airport-oriented free zone in Dubai, and it's located within the boundary of Dubai International Airport.
Dubai Airport Free Zone (DAFZA) strength lies being within the boundary of Dubai International Airport, the busiest airport in the Middle East, and the fastest growing in the world, reported a total of 10.7 million passengers in one year alone, with further growth projected. The airport services over 90 airlines serving more than 136 destinations worldwide.
In addition to having access to consumer market of 1.5 billion, Dubai Airport Free Zone (DAFZA) potential investor will enjoy the benefit and the facilities provided by the Dubai Air Cargo and Cargo Village, which are world famous for the handling capacity and efficiency & speed.
The Free Zone is an ideal location for companies who deal with high value &low volume products. DAFZA already host the world's most famous companies engaged in various activities.
Moreover, Dubai's strategic location offers access to developing markets with over 1.5 billion consumers - encompassing the member states of the Gulf Cooperation Council (GCC), other Arab countries, the Asian subcontinent, parts of Africa and Europe, and the CIS countries.
DAFZA's Incentives & Advantages
Tax Incentives
- 100% Corporate tax exemption
- 100% Import & Export Tax exemption
- 100% Personal Income Tax exemption
Investment Incentives
- 100% Foreign company ownership
- 100% Repatriation of capital and profits
- Access to over 1.5 billion consumers with rapidly increasing demand
- Abundant and inexpensive energy
- Easy availability of inexpensive workforce
Competitive Advantages
- Located within the boundaries of Dubai International Airport
- Fast & efficient Cargo Clearance Services (8-24 hours)
- International Freight Forwarders & Logistics companies at DAFZA
- Online customer service (e-Services)
- Land with easy access to airport apron
- 'One-stop-shop' Administration services
- On-site customers inspection
- Companies at DAFZA can operate 24 hours a day
Excellent Cargo & Logistics Facilities:
Located adjacent to Dubai International Airport, and therefore within easy access of DAFZA, the Dubai Cargo Village is a state-of-art complex with the capability of handing over 500,000 tonnes of freight annually, a figure which will be raised to over 1 million tones in the next few years.
Represented within are offices of Dubai Civil Aviation, Dnata, Customs, Airlines, Immigration and Chamber of Commerce.
Dubai's national airfreight handling company is one of the fastest-growing companies in the region. Representing a large number of the world's leading airlines, Dnata's premises within DAFZA offer highly trained staff and dedicated equipment at its 9,000 sq.m. Free Zone Logistics Centre (FLC).
A range of cost-effective packages have been attracting a number of budget airlines and key airfreight players as the facility can handle any type of freight.
In addition, DHL, Air Express, FedEx also offer their services within the Dubai Airport Free Zone Authority.
Since Dubai Airport Free Zone Authority regards customer interest and welfare as its top priority, therefore we at DAFZA strive continuously to develop our services so that our customers can receive the best available which in turn add tremendous value and support to their business at DAFZA.
DAFZA CHOICE OF LICENSES
INDUSTRIAL LICENSE
Activities Allowed: Manufacturing, processing, assembling, packaging, import of raw materials, and export of finished products
TRADING LICENSE
Activities Allowed: Import, export, distribution, storage all items specified in the license
SERVICE LICENSE
Activities allowed as approved by DAFZA
DIFFERENT FORMS OF REGISTRATION:
There are three possible structures for an entity to have its legal presence in DSOA and are as follows:
1. Branch
- Branch of a company incorporated outside the UAE
- Branch of a company registered in the UAE
2. Free Zone Establishment (FZE)
A limited liability establishment incorporated in DAFZA, owned by one natural or legal person with a distinct legal identity and an independent financial liability. Min. capital of AED 1,000,000 (or multiple thereof). Applicant can be an individual or non-individual (partnership association)
3. Free Zone Company (FZCO)
A limited liability company incorporated in DAFZA, by more than one shareholder with a distinct legal Identity and independent financial liability. Min. of 2 and Max. of 5 shareholders required for FZCO. The amount of shares invested must be min. of Dhs 500,000 and multiple of thousands thereof. Management not less than 3 persons, One Manager and One Secretary must reside in Dubai.
Disclaimer:
Every effort has been made to ensure the material contained in this document is correct at time of publishing. However, this information should be interpreted as information only and does not constitute any legal or tax advice from Sequestra Corporation or any of its subsidiaries.
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