Dubai Airport Free Zone is among the speedily progressing free zones in the UAE. Currently, it hosts more than 3100 companies from various industry segments. Some of them are the flight industry, IT and mobile phone accessories, and trading. Few other emerging sectors in the DAFZA are pharmaceutical, manufacturing, and jewelry. The free zone is also known for rapid development in the jewelry market. You can benefit from the DAFZA company registration, DAFZA company formation for trading in any of the mentioned areas.
Authorities have declared that Dubai Airport Freezone is an exclusive free zone. It gives state-of-the-art incentive packages to investors. Located strategically near the border of Dubai International Airport, DAFZA provides a diverse array of modern conveniences with a top-of-the-line infrastructure and has placed itself as an entry point that links markets in the Middle East and Africa to the business sectors of Europe and most of Asia. Therefore, you can run a profitable business with Dubai airport free zone company formation.
The Free Zone management provides foreign firms with office space and goods storage location with complete possession of the property at zero-tax condition. The free zone provides a tremendous opportunity to companies for setting up their quality business in Dubai with a quick process that permits them to carry out trading activities within a short time. Hence we are providing an overview of DAFZA company formation.
How you can Register a Firm in Dubai Airport Free Zone
For setting up a company in DAFZA, a collection of documents should be prepared and provided to the Dubai Airport Free Zone Authority. The following paperwork should be complete:
There is an application form, filling which is necessary.
A well-written intention letter for DAFZA company registration.
A well-created business plan (for the FZE) or the information about the parent firm (for an outlet office).
Submission of yearly balance sheets (for an outlet office).
Submission of shareholder’s bank statements that are within the past six months.
Provision of a bank reference statement relating to the shareholders.
Shareholders’ Passport and CV copies
Managers’ Passport and CV copies.
Provision of No Objection Letter for the manager if an outlet office needs to set up.
Provision of No Objections Letter from the related authority in the market sector in which the company will operate.
The company formation in the Dubai airport free zone can occur when you complete and provide the above paperwork to the authorities.
Advantage of Setting Up a Company in DAFZA
DAFZA has a location in the middle of all the activities in Dubai. It is next to the Dubai airport.
Leading-edge infrastructure with outstanding conveniences.
Investor-focused management.
There is a provision of around-the-clock customer service along with quick cargo clearance.
There is a provision of a business-focused logistics center with around-the-clock security.
You can benefit from all the above facilities when you carry out DAFZA company registration.
Types of Licenses Available
Investors and firms that are planning for company formation in DAFZA can make a selection from the licensing choices given below:
Commercial trading license. This license type permits import and export. Plus you can also do re-export and distribution of goods with it. Moreover, you can carry out the storage of specific items with this license.
Professional service license. This type of service license is suitable for those business persons who want to carry service-focused business activities.
Industrial License. Experts suggest this type of license suits people who want to conduct manufacturing activities. Or they want to do assembling and packaging-related work on products.
Therefore with any of the above types of licenses, you can carry out a company formation in Dubai airport free zone.
Tax Incentives Offered in DAFZA
DAFZA provides complete corporate tax concession for DAFZA company formation.
Complete income tax concession.
Complete import and export concession.
Additional facilities provided at DAFZA
The provision of warehouses.
The provision of fitted offices.
There is an availability of Shell & core office options.
After reading these tips, Dubai airport, free zone company formation will be convenient.