The Dubai Airport Free Zone (DAFZ) is a prime location for businesses looking to leverage Dubai’s strategic position as a global trade and commerce hub. Renowned for its state-of-the-art infrastructure and tax incentives, DAFZ attracts businesses from industries like aviation, logistics, IT, and more. If you’re considering company formation in Dubai Airport Free Zone, this guide will walk you through the steps and highlight the benefits of establishing a business here.
Dubai Airport Free Zone is strategically located adjacent to Dubai International Airport, providing unparalleled connectivity to global markets. Businesses in DAFZ enjoy:
- Proximity to the airport for seamless logistics.
- Advanced facilities and technology infrastructure.
- A business-friendly environment with minimal bureaucracy.
Benefits of Setting Up in DAFZ
When you set up a company in Dubai Airport Free Zone, you gain access to:
- 100% Foreign Ownership: No need for a local sponsor.
- Tax Exemptions: Corporate and personal income tax exemptions.
- Custom Duty Exemptions: On goods imported and exported from the zone.
- Fast Licensing Process: Streamlined approvals and registration.
- World-Class Facilities: Modern offices, warehouses, and shared spaces.
- Networking Opportunities: Access to a thriving business community.
Business Activities Allowed in DAFZ
DAFZ supports various industries, including:
- Aviation and Aerospace
- Logistics and Supply Chain
- IT and Telecommunications
- Consultancy and Professional Services
- E-commerce and Retail
- Healthcare and Pharmaceuticals
Step-by-Step Guide to Set Up a Company in Dubai Airport Free Zone
Step 1: Choose Your Business Activity
Select the activity or activities that align with your business goals. DAFZ offers options for trading, services, and industrial activities.
Step 2: Select a Company Type
You can establish:
- Free Zone Establishment (FZE): Single shareholder.
- Free Zone Company (FZC): Multiple shareholders.
- Branch Office: A branch of an existing foreign or UAE company.
Step 3: Submit Application
Fill out the application form and submit it along with initial documents such as a passport copy and business plan.
Step 4: Obtain Approvals
DAFZ authorities will review your application and provide initial approval if all criteria are met.
Step 5: Sign Legal Documents
Draft and sign necessary agreements, such as a lease for office space and Memorandum of Association (MoA).
Step 6: Obtain Your License
After approvals, you will receive your business license, allowing you to operate in DAFZ.
Step 7: Set Up Banking and Visas
Open a corporate bank account and apply for employee and investor visas as needed.
Costs and Documents Required for DAFZ Company Formation
Estimated Costs
- Trade License Fee: Starting from AED 15,000 annually.
- Office Space Rental: AED 25,000 and above, depending on size and type.
- Visa Fees: Approximately AED 3,500 per visa.
Required Documents
- Passport copies of shareholders and managers.
- Proof of residence or tenancy contract.
- Business plan or feasibility report (if applicable).
- Initial approval certificate.
How Raes Associates Can Help
Navigating company formation in Dubai Airport Free Zone can be complex, but with Raes Associates by your side, the process becomes seamless. Our services include:
- Expert advice on selecting the right business structure.
- Assistance with documentation and approvals.
- Coordination with DAFZ authorities for a smooth registration process.
- Support in opening corporate bank accounts and visa processing.
With years of experience and a proven track record, Raes Associates is your trusted partner to set up a company in Dubai Airport Free Zone.
Contact Raes Associates today to get started on your journey to business success in DAFZ. Let us handle the setup while you focus on growing your business in one of Dubai’s most dynamic free zones!
