Dubai Airport Freezone, commonly known as DAFZ, is a prominent business hub in Dubai, UAE, established in 1996. With proximity to the Dubai International Airport (DXB), DAFZ is home to about 3000+ registered companies from over 20+ business sectors in Dubai.
Business setup in Dubai Airport Freezone offers exclusive benefits and amenities to startups, SMEs, and multinational corporations seeking to establish a presence in the dynamic business environment of Dubai and the UA.
This article gives step-by-step procedures for setting up a company in DAFZ.
Why Business Setup in Dubai Airport Freezone?
Like many freezones in Dubai and the UAE, DAFZ offers extensive benefits to foreign investors and entrepreneurs seeking to start a company in Dubai’s lucrative business ecosystem.
Here are some of the benefits of company formation in DAFZ.
- DAFZ offers 100% company ownership to foreign investors.
- Setting up a company in Dubai ensures a 0% personal income tax and corporate tax for annual revenues below AED375000.
- Dubai Airport Freezone gives easy access to the Dubai International Airport and major commercial areas in Dubai.
- DAFZ offers a remote business setup process.
- DAFZ provides state-of-the-art amenities to support businesses of all sizes.
- There’s no minimum requirement when opening a company in the Dubai Airport Freezone.
Types of Business Setup in DAFZ
The type of business you setup in DAFZ defines your ownership structure, and you will choose one of the three main types offered by the freezone.
- Freezone Company (FZC): An FZC allows for up to 50 shareholders in a company.
- Public Limited Company (PLC): This does not have a limit on the amount of shareholders and is suitable for companies that wish to offer shares.
- Branch of a Foreign Company: A branch office business setup in DAFZ offers the option for an existing company to setup a branch or representative office in DAFZA
Choosing a Business License in Dubai Airport Freezone
Company formation in Dubai Airport Freezone offers different types of business licenses to choose from based on your specified business activities. Below is the list of trade licenses available in DAFZA.
- Trading License: A trading license in DAFZ allows trading activities, including import/export, distribution, and storage of products.
- Service License: For services-related activities such as consultancy, IT, and technical services.
- Industrial License: An industrial license in DAFZ allows for production, manufacturing, and processing activities.
- Dual Licence with DET: This license allows DAFZA companies to apply for business licenses in Dubai mainland without needing a physical office.
- Talent Pass License: This allows individuals to conduct freelancing activities in sectors such as IT, marketing, Media, etc.
The Steps to Setup a Company in DAFZ
The process of establishing a company in the Dubai Airport freezone can completed by following just a few simple steps.
However, it’s necessary to seek the support of a business consulting firm like Corporate Business Services (CBS) to guide you at every stage to avoid unnecessary pitfalls.
Here are the steps to setup a company in DAFZ:
- Draft a business plan detailing your business activity and company type.
- Select a unique and meaningful name for your company and obtain trade name certification from the Dubai Department of Economy and Tourism (DET).
- Submit all documents to relevant authorities to get initial approvals.
- Apply for your business license.
- Obtain a license apply for Visas and Open a business bank account.
Facilities offered by DAFZ
Dubai Airport Freezone Offers a wide range of facilities for smooth and efficient business operation, such as:
- Offices and Co-working Spaces
- Retail Centres
- Business Centres
- Warehousing
- Board Meeting Rooms
- Event Venues
Get Expert Support from Corporate Business Services
Corporate Business Services (CBS) is an Emirati-owned business setup and consultancy firm in Dubai and the UAE with over 17+ years of extensive experience, providing transparent and valuable support to aspiring startup entrepreneurs, SMEs, and multinational corporations.
CBS business setup services in Dubai offer a one-stop solution for starting a business in Dubai and the UAE. Our expert business advisory services in Dubai are designed to meet your specific needs at any stage of your business journey. Let our expert take the huddle away. Book a free consultation now.
