Overview
According to the Foreign Direct Investment Magazine’s Global Free Zones & Awards 2012/13, Dubai Airport Free zone (DAFZA) is ranked first worldwide. Due to its excellent strategic approach and clearly stated goals to provide for its investors and partners, DAFZA was awarded this ranking. One of the Middle East’s fastest growing free zones, the Dubai Airport Free zone offers amazing incentive packages to investors. Like all of the UAE Free Zones in Dubai, the Dubai Airport Free Zone has a number of benefits over places outside the free zones.
One of Dubai’s most prominent and technologically sophisticated free zones, DAFZA offers a business-friendly climate, top-notch infrastructure, tax benefits, complete repatriation of earnings, and entire ownership, making it a perfect location to do business in the Middle East.
Benefits of setting up a business in (DAFZA)
DAFZA has a strategic location in the heart of Dubai next to the airport.
State-of-the-art infrastructure.
World-class facilities.
Investor-oriented management.
24/7 customs services and rapid cargo clearance.
A dedicated logistics centers.
24/7 security.
Single window convenience for administrative services.
Investment incentives
100% repatriation of capital and profits.
No currency restrictions.
100% foreign company ownership.
Formation Types in Dubai Airport Free Zone
FZCO Setup
A limited liability company with the authority to conduct business in the Free Zone relates to the FZCO firm type. Individuals, businesses, or a combination of both can be shareholders.
Branch Setup
Existing companies can establish a Branch of their parent company in DAFZA. No share capital is required.