Dubai
Airport
Freezone
Approximate Processing Time
License:
Establishment card
Visa application process
E-channel
2-3 business days
3-5 business days
7 business days
24 hours
Dubai
Airport
Free zone
License:
Establishment card
Visa application process
E-channel
2-3 business days
3-5 business days
7 business days
24 hours
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Dubai airport freezone
Dubai Airport Freezone (DAFZA) is a free economic zone located in Dubai, United Arab Emirates. It was established in 1996 with the aim of attracting foreign investment and promoting economic growth in the region. DAFZA offers a range of business services, including company formation, licensing, visa processing, and other support services to investors and entrepreneurs looking to set up businesses in the region.
DAFZA is strategically located adjacent to Dubai International Airport, one of the busiest airports in the world, which makes it an ideal location for businesses involved in logistics, freight forwarding, and aviation-related industries. The free zone spans an area of over 1 million square meters and is home to over 1,600 companies from various sectors, including aviation, logistics, IT, and telecommunications.
One of the key benefits of setting up a business in DAFZA is its tax-free status. Companies operating in the free zone are exempt from corporate and personal income taxes, as well as customs duties on imports and exports. Additionally, DAFZA offers a range of other incentives and benefits to companies, including streamlined procedures for company setup, simplified visa processing for employees, and access to a skilled and multilingual workforce.
DAFZA also provides a range of state-of-the-art facilities and infrastructure to support businesses, including modern office spaces, warehouses, and industrial units. The free zone is equipped with advanced technology and communication systems, which allow businesses to connect with customers and partners worldwide.
Overall, Dubai Airport Freezone provides a highly attractive business environment for companies looking to set up in the region. Its strategic location, tax-free status, and range of incentives and benefits make it a highly competitive and sought-after destination for businesses across a range of industries.
DAFZA business benefits:
Dubai Airport Freezone (DAFZA) offers a wide range of benefits to companies looking to establish a business in the region. Here are some of the key benefits of setting up a business in DAFZA:
- Tax benefits: Companies operating in DAFZA are exempt from corporate and personal income taxes, as well as customs duties on imports and exports. This can result in significant cost savings for businesses, making it an attractive location for foreign investors.
- Strategic location: DAFZA is located adjacent to Dubai International Airport, one of the busiest airports in the world. This makes it an ideal location for companies involved in logistics, freight forwarding, and aviation-related industries.
- Streamlined procedures: DAFZA provides streamlined procedures for company setup, licensing, and visa processing. This allows businesses to start operations quickly and efficiently, reducing the time and resources required for setup.
- Access to a skilled workforce: DAFZA provides access to a skilled and multilingual workforce, with over 20,000 employees from 160 different nationalities working in the freezone. This makes it easier for companies to find and recruit qualified employees to support their operations.
- State-of-the-art infrastructure: DAFZA offers modern and state-of-the-art infrastructure, including high-tech office spaces, warehouses, and industrial units. The freezone is equipped with advanced technology and communication systems, which allow businesses to connect with customers and partners worldwide.
- Business support services: DAFZA offers a range of business support services, including legal, accounting, and marketing services, to help businesses establish and grow their operations in the region.
- Networking opportunities: DAFZA provides a platform for businesses to connect and collaborate with each other, with regular networking events and business forums held in the freezone.
Tax incentives:
DAFZA offers 100 per cent corporate tax exemption.
100 per cent personal income tax exemption.
100 per cent import and export tax exemption. No currency restrictions.
Investment incentives:
DAFZA ensures 100 per cent foreign company ownership.
100 per cent repatriation of capital and profits.
No currency restrictions.
DAFZA offers following licensing options:
A trade license allows the holder to carry out trading activities including import, export, re-export, distribution, and storage of specific products.
A service license is geared towards service-oriented businesses and enables an entity to provide services specified in the license. Note that obtaining a service license requires consultation with the sales executives to facilitate the selection of the right category.
An industrial license entitles the holder to carry out light manufacturing industrial activities, packaging, and assembling.
A General Trading license allows the holder to trade in general activities including import, export, re-export, store, and distribute.
Approximate Processing Time :
The processing time for setting up a business in DAFZA can vary depending on the type of business and the completeness of the application. However, DAFZA is known for providing a streamlined and efficient process for company setup and licensing.
Typically, the initial approval process for setting up a business in DAFZA can take anywhere from a few days to a couple of weeks. This involves submitting an application to the DAFZA authority, providing relevant documentation, and paying the necessary fees.
Once the initial approval is obtained, the process for obtaining a trade license and other necessary permits can take an additional few days to a couple of weeks. DAFZA provides a range of support services to help businesses navigate the licensing and permit process, including legal and accounting support.
Overall, the processing time for setting up a business in DAFZA is relatively quick and efficient compared to other business-friendly jurisdictions around the world. DAFZA’s streamlined procedures and efficient processing times make it an attractive destination for foreign investors looking to establish a business in the region.
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