DUBAI AIRPORT FREE ZONE (DAFZA)2024-10-03T15:28:04+04:00

UAE MAINLAND

DUBAI AIRPORT FREE ZONE (DAFZA)

What is the significance of having a UAE mainland firm, and what does it represent?

Dubai Airport Freezone (DAFZA) is a vibrant economic hub that was founded in 1996.

DUBAI AIRPORT FREE ZONE (DAFZA)

UAE Mainland

Dubai Airport Freezone (DAFZA) is a vibrant economic hub that was founded in 1996. 

What is the significance of having a UAE mainland firm, and what does it represent?

With unparalleled connectivity to Europe, the Indian Subcontinent, and the Far East, DAFZA provides an optimal gateway to the Middle East. It also enjoys direct access to the busiest international airport globally.

 94% of DAFZA’s trade was made up of machinery, televisions, electrical equipment, pearls, semi-precious stones, and metals. In the first quarter of 2021, the first group experienced a high growth rate of 32.4%, with imports totalling 14.1 billion dirhams and exports valued at 15.7 billion dirhams.

Three-quarters of DAFZA’s trade in the first quarter of this year came from China, the free zone’s largest trading partner. In comparison to the same period, it saw a strong growth of 56.4%, and 64% of its imports came from outside the country.

With over 20,000 experts across multiple industries and more than 2,800 registered enterprises, DAFZA is now home to over 20 sectors and thousands of businesses. These businesses benefit from a business-focused regulatory and tax-free environment that offers complete ownership, full repatriation of revenues, and a selection of superior amenities.

A contract between DAFZA and the Securities and Commodities Authority (SCA) has been signed. Within the free zone, the regulation, offering, issuance, listing, and trading of cryptocurrency assets are supported by the agreement. The new agreement permits businesses who deal in cryptocurrency and crypto assets to obtain a license within DAFZA, since the Securities and Exchange Commission will be providing the necessary licenses and approvals. By means of this collaboration, DAFZA has broadened its scope of business licenses and commercial operations, which will be incorporated with the incentives and services offered by the free zone. Also, it will offer a legislative climate with flexibility and a regulatory framework that improves the experience of international investors.

 

Advantages Of Business Setup in DAFZA

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Latest articles

Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

 

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

 

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

 

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Dubai Airport Free Zone (DAFZA) For Your Company Formation?

To assist small and medium-sized enterprises, DAFZA introduced Scality, a unique and innovative start-up program that aims in local, regional, and international digital start-ups and provide them with tools they need to launch and expand their operations in the area. Scality gives startups the chance to launch and run their companies conveniently and adaptably in a way that maximizes their commercial potential. Because of the program, you can hire employees quickly and effectively.

DAFZA welcomes all DED-permitted business activity under industrial, trading and service licences. DAFZA offers licensing and registration support to IT, telecoms and administrative services. You will have access to all the latest technology and communications services, so you can stay connected with your business wherever you are.

Standard Required Documents to Start the
Business Setup Process

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Dubai Airport Free Zone (DAFZA)

How many people are employed by DAFZA?2024-07-10T06:07:33+04:00

Over 2,800 registered companies from more than 20 sectors and industries are present in DAFZA. It has more than 20,000 experts working for it, and they enjoy world-class facilities, complete ownership, and a tax-free, business-friendly atmosphere.

How many companies are there in DAFZA?2024-07-10T06:08:16+04:00

DAFZA has over 2,800 registered companies. Businesses choose DAFZA for its customer-focused environment and innovative facilities that help them achieve their goals. More than 15,000 employees work within the free zone, benefiting from its supportive infrastructure and services.

How does DAFZA facilitate trade and logistics?2024-07-10T06:08:45+04:00

DAFZA’s strategic location next to Dubai International Airport provides businesses with unparalleled logistics advantages, including Quick and efficient customs clearance, Proximity to air cargo facilities, Easy access to major shipping routes and international markets.

Are there any restrictions on the types of businesses that can operate in DAFZA?2024-07-10T06:09:10+04:00

While DAFZA supports a wide range of business activities, certain industries may be subject to specific regulations and approvals. It is advisable to consult with DAFZA’s business development team for detailed information on permissible activities.

What facilities and infrastructure does DAFZA provide?2024-07-10T06:09:51+04:00

DAFZA provides world-class facilities including, Modern office spaces, Warehouses and light industrial units. Conference and meeting rooms, High-speed internet and telecom services, 24/7 security and surveillance and more.

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