Are you an investor seeking economic opportunities abroad by setting up a business or incorporating a company in Dubai, UAE? Then the Dubai Airport Free Zone (DAFZA) is all that you need. Technologically one of the world’s most advanced free zone and equipped with world-class facilities, the DAFZA provides attractive benefits to expatriate investors such as single window clearance, No corporate or personal tax as well as 100% company ownership and no restrictions on the repatriation of the capital and profits.
Basically, the free zones in Dubai, UAE are special economic zones which aim at providing a hassle-free business environment coupled with foreign ownership benefits and cutting down red tapes for doing business outside UAE. As of now, there are around some 20 Free Zones in Dubai. Out of these, the DAFZA is the most advanced and it not only convenes the process of company formation in Dubai but also aids the investors to set up business in Dubai.
What are the Benefits of Setting Up Business in Dubai Airport Free Zone?
Being a prestigious free zone, the Dubai Airport Free Zone is expensive. At the same time, It also attracts a plethora of medium to big investors for company incorporation in the UAE. The main reason for this is that it guides the investors at every step of incorporation, from the determination of the business formation type to the acquirement of the service license.
Following is a glimpse of the other benefits that the DAFZA has to offer:-
✔ DAFZA is a state-of-the-art free zone.
✔ It has the benefit of location. Its proximity to the Dubai Airport provides a strategic
✔ It ensures 100% repatriation of the profit and the capital.
✔ There is no personal or corporate tax.
✔ There are no company restrictions.
Owing to these advantages, DAFZA is the first preference of investors considering business set up in the UAE Free Zones.
How to Set Up a company in the Dubai Airport Free Zone (DAFZA)?
Following is a brief overview of the procedure to set up a company in DAFZA:
- Choose the legal structure. This may comprise of:
- FZE-Free Zone Establishment – single shareholder
- FZE-Free Zone Company – more than one shareholders (1-50)
- Choose the activity. This can be done from the online activity list from the DAFZA
website. All kinds of licenses viz. trading, general trading and services licenses are
issued by DAFZA.
- Choose the facilities viz. Desk, Office or Warehouse.
- Submit all the necessary documents along with the application form such as
passport copies of shareholders and manager and a business plan.
- Finally, collect your trade license.
And this way, the investors are good to go!
What is DAFZA Industrial Park?
The DAFZA Industrial Park is essentially composed of warehouses, well-equipped with advanced technology to ensure smooth and quick shipping of the goods for the investors. Owing to its strategic location near the Dubai Sea Port as well as the DAFZA, the transportation costs are quite low and the movement of goods is fast.
For the investors intending to set up business in the UAE, the Dubai Airport Free Zone is the topmost priority due to its strategic location as well as its technological advancement. Being a state-of-the-art free zone, the DAFZA does not impose any kind of personal or corporate tax on the companies too. So, are you an investor interested in company incorporation in the UAE? Do consider DAFZA!
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