Dubai Airport Free Zone Authority (DAFZA)

Entrepreneurs and foreign investors are constantly looking for strategic locations that offer a competitive edge. In that regard, UAE free zones are perfect. Dubai has always focused on setting up initiatives that help entrepreneurs with their business set up goals and promote foreign investment.

The Dubai Airport Free Zone (DAFZ) provides a smooth and easy business set up experience for entrepreneurs while contributing significantly to the Emirates GDP. It is one of the fastest-growing free zones due to the opportunities provided for new businesses to establish their presence given investor-friendly policies.

Benefits of Establishing Your Business in DAFZ

You can avail certain benefits for setting up your business within Dubai Airport Freezone. Let’s take a look at them:

1. Full Business Ownership

Having total control over your business allows you to enjoy repatriation of capital and profits. Business setup in Dubai freezone gives entrepreneurs full foreign ownership, this attracts entrepreneurs.

2. Taxation Benefits

With exemptions from corporate and personal taxes, you can enjoy increased business profitability. Reduced tax burdens attract skilled individuals from all over the world.

3. Streamlined Business Process

With single-window administration and efficient communication in place, the entire business incorporation process is easy and smooth, thanks to the Dubai Airport Freezone Authority (DAFZA).

4. Strategic Location

Being located next to the Dubai Airport, DAFZ is easily accessible. It has become an efficient logistics hub due to facts like fast and easy cargo clearance and faster transit.

Facilities provided by Dubai Airport Free Zone

These are few of the services in the freezone you can make use of in your entrepreneurial journey. Let us take a look at them:

• Fast and easy immigration policies.
• Low freight charges.
• No customs duty.
• Visas and sponsorships at competitive prices.
• State-of-the-art offices, warehouse/industrial spaces and cold storage.
• Investor-friendly policies.

Types of Licenses Available in DAFZ

For setting up a company in the Dubai Airport Free Zone, you need to obtain a relevant business license depending on the business activity. They are:

1. Trade License

You can carry out trading activities like import-export, distributions and storage for only specific products permissible under this license.

2. E-commerce License

The e-commerce license in Dubai allows you to establish an online presence and trade goods and services through a website.

3. Service License

If you want to engage in service-oriented activities such as consulting, law, or marketing, you need to obtain this license.

4. Industrial License

An industrial license allows you to carry out light manufacturing activities, packaging and assembling of certain products.

5. General Trading License

Getting a general trading license in Dubai allows you to trade, store and distribute various goods in different industries.

6. Freelance License

If you want to engage in freelancing activities within media, technology or consulting as a self-employed individual, you need to obtain a freelance license.

How to Start Your Business in Dubai Airport Free Zone?

The DAFZA has maintained a systematic process to ease the company registration formalities. Let us look at the steps involved:

Step 1- Choose a valid business name that aligns with your business activity. Ensure the trade name does not violate existing trademarks.

Step 2- Choose a company structure based on your business goals and objectives.

Step 3- Submit the application form along with the required documents.

Step 4- Obtain the relevant license after having received an approval from the authorities.

Step 5- Secure an office space within the freezone and obtain the lease agreement.

Step 6- Open a corporate bank account to streamline your business transactions.

Documents Required for Company Set up in DAFZ

You need to submit certain documents to the authorities for incorporating your business within Dubai Airport free zone. It includes:

• Application form.
• Business plan.
• Passport copies of owners, shareholders and managers.
• Original bank reference letter.
• No Objection Certificate (NOC).
• Letter of Intent.
• Annual financial report (if available).

Why Commitbiz LLC?

We have skilled business consultants who offer end-to-end business services to meet your needs. From documentation to legal support, our professionals are experienced in easing the business set up process. Contact us today, to fulfil your business dreams.