Guide to setting up companies in DAFZA

Guide to setting up companies in DAFZA

The Dubai Airport Free Trade Zone Authority or DAFZA was established in 1996 and is a shopping center with direct access to Dubai Airport, one of the busiest airports in the world. Many DAFZA companies benefit not only from airport access and international market entry, but also from an amazing business-friendly tax environment. This provides the company with a full return on ownership, profits, and many other conveniences. This free zone is also close to many popular residential areas. If you work for DAFZA, here are some of the best residential neighborhoods near the DAFZA metro station.

Below is a detailed overview of the benefits of DAFZA Free Zones, as well as other features and business setup procedures.

About Dubai Airport Free Zone Authority (DAFZA)

DAFZA is a carefully planned free trade area in Dubai that benefits the company in many ways. Companies choose DAFZA because of its customer-centric environment and innovative and entrepreneurial capabilities that help them achieve their goals. Currently, more than 1600 companies and more than 15,000 specialists in related fields are registered in it.

If you would like to know more about how to do business in DAFZA, here is the phone number where you can contact DAFZA consultants.

Contacts: + 971-600-532-392

Benefits of doing business in DAFZA

DAFZA provides a range of benefits and development opportunities for all businesses. Below are some of the main benefits of businesses working for DAFZA

  1. DAFZA has a wide network of partners that can help companies and startups make the most of the opportunities offered.
  2. It provides fast and efficient business start-up services for potential investors and other legal entities.
  3. The free zone also has a business center with many meeting rooms for interviews, shipboard meetings, press conferences, product launches and other events.
  4. The DAFZA Learning Bridge is a dedicated learning environment with access to a range of educational tools, including the Internet and computer workstations. The venue consists of several lecture halls, classrooms, multifunctional halls, etc.
  5. DAFZA also has a marketplace that provides various retail services.
  6. DAFZA also has various public service centers on its premises. These services include the Dubai Police, Dubai Customs, the Dubai Health Authority, the General Directorate of Residence and Foreign Affairs and the Dubai Chamber of Commerce.

How to start a business in DAFZA

Setting up your own business in DAFZA is not difficult because the process is quick and easy. Companies should take the following steps to become part of the DAFZA business community and expand their business in Dubai.

Select your license

Companies can choose from a list of 6 different types of licenses granted by DAFZA, according to their business.

  1. Trade License: Obtaining this license will enable companies to engage in a variety of trade-related activities, including the import, export, storage and distribution of select products.
  2. Service license: A company with this license may provide certain services to customers.
  3. Industrial license: Companies that need to engage in manufacturing activities in the light industry need an industrial license.
  4. E-commerce license: An e-commerce license is for online companies that provide online commerce in goods and services.
  5. General Trading License: This license also applies to general trading activities.
  6. Dual License with DED: Companies that wish to apply for a Dubai Economic Development Department (DED) license but do not have a physical office can opt for this license. This will enable companies to do business outside of DAFZA.

Choose your company type

Free zone Corporation (FZCO / FZ-LLC): This type caters to new businesses that create a company. This type of installation requires a capital share of at least US $ 273. In addition, companies with a registered capital of more than AED 15,000 will need to present proof of the bank’s share capital.

Branches: Branches are suitable for companies that have created investment portfolios and want to open branches in DAFZA to increase the productivity of their business.

Choose your space

DAFZA provides companies with the choice of three different types of premises to suit their business needs. They provide warehouse and production facilities, office space and cold rooms. Companies can choose to register for a short-term or long-term establishment according to their business needs.

It’s all! By following these three steps, you can become an active member of DAFZA. As soon as the property is confirmed by the DAFZA seller, the company will issue a lease agreement signed by an authorized manager. After that, you need to make payment according to the agreed payment plan, present a receipt and sign a lease in order to receive the key to the office.

Dubai is one of the most popular cities in the world and offers many business opportunities. One of the main factors that attract companies to Dubai is the simple process of setting up a company in Dubai Free Zone. At the same time, companies located in the Dubai Free Zone enjoy a number of benefits, including access to global business networks and flexible corporate laws. For example, JLT companies enjoy full ownership and 100% tax exemption. Likewise, Dubai Internet City companies also benefit from such offerings.

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