HOW TO START COMPANY FORMATION AT DUBAI AIRPORT FREEZONE (DAFZ)?
DUBAI AIRPORT FREEZONE (DAFZ)
Dubai Airport Free Zone (DAFZ) was established under Law No.2 of 1996 and its amendment No.2 of 2000. It is wholly owned by the Government of Dubai. DAFZA is located within the boundary of Dubai International Airport. DAFZA is an ideal location for high-tech/IT products, luxury items, jewelry, light industry, and activities related to the aviation industry. Over the years, DAFZ has provided the most attractive incentive packages, connectivity, and support to multinational companies from every continent, enabling them to establish regional offices in Dubai and capture a wealth of business opportunities throughout neighboring markets. Moreover, as a city host to various world-class international business and commercial events, investors enjoy the advantage of the free zone’s strategic location next to one of the busiest airports in the world.
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KEY FEATURES
- Located within the boundaries of Dubai International Airport
- Fast and efficient cargo clearance services (8-24 hours)
- International Freight Forwarders and Logistics companies at DAFZ
- Online customer service (e-Services)
- Land with easy access to the airport apron
- Type of activities includes manufacturing, processing, assembling, packaging, import/export, distribution, storage, services, etc.
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DS (DUBAI SOUTH)
DS is home to the world’s largest airport in the making – the Al Maktoum International Airport, South of Jebel Ali Freezone, and is well connected to Emirates Road and other areas of the city. It is just 30 minutes away from Dubai International Airport, 15 minutes from the Jebel Ali Port, and 60 minutes from Abu Dhabi, the capital of the UAE. The vantage location facilitates easy imports, exports, and logistics operations through aviation, seaport, and road for companies based within DS.
FEATURES OF DS
- Free zone status
- State-of-the-art facilities/services
- 100% tax-free
- 100% foreign ownership
- No corporate tax
- Variety of licensing options
Flexible commercial lease terms - Fitted-out offices and core-shell space
- Business center facilities
- Direct access to Al Maktoum International Airport
- No minimum share capital requirement.
THE FREE ZONE AREAS OF DS
DUBAI LOGISTICS CITY
Dubai Logistics City is optimally located alongside the apron of Al Maktoum International Airport and is in close proximity to the Jebel Ali Port and Free Zone. DLC is positioned to serve a wide range of transportation, logistics, and value-added operations within a single-bonded free zone environment. Due to its adjacent location and direct connection with the Jebel Ali Port and Free Zone through the Dubai Logistics Corridor (direct infrastructure connection, custom bonded), DLC will facilitate the transportation of goods from air to sea and vice versa. DLC offers leases of office space, warehouse space, and long-term leases of development land enabling Free Zone Enterprises to design and construct their own facilities.
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DUBAI AVIATION CITY
In recent years, the Middle East has emerged as the Centre of the global aviation industry. The region is a key market for companies throughout the entire aviation supply chain. 26 Free Zones in the UAE Aviation City is an area of the DS Free Zone, situated just south of DLC and is also positioned directly adjacent to the apron of the Airport. Aviation City will host light aviation manufacturing and associated industries, Maintenance, Repair, and Overhaul (MRO) companies, aviation support services, design and consultancy, research and development, aviation training, products and parts, light manufacturing units, and high technology industries. Aviation City also benefits from a direct connection to Jebel Ali Port and Free Zone through the Dubai Logistics Corridor. Aviation City will include various components such as executive jet terminal facilities, a Maintenance, Repair, and Overhaul (MRO) center; a Heliport Zone; an Academic Zone, and an Industrial Zone providing an integrated infrastructure for the warehousing of aircraft components and parts supply. Aviation City offers leases of office space, warehouse space, and long term leases of development land enabling Free Zone Enterprises to design and construct their own facilities.
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PREMIUM BUSINESS PARK
From aviation and logistics to support services or general business establishments, the Business Park offers first-rate commercial buildings and offices that are centrally situated in what will become Dubai’s leading Center of commerce and a logistics and aviation industry cluster. The Business Park has been designed from the ground up around the concept of business facilitation. It offers advantageous facilities and all the technological amenities required of space to make it business-ready and conducive to quick and easy transactions. In addition, flexible commercial lease terms and availability of Free Zone and non-Free Zone trade licenses make the Business Park the ideal venue for long-term business growth.
DUBAI LOGISTICS CITY
Dubai Logistics City is optimally located alongside the apron of Al Maktoum International Airport and is in close proximity to the Jebel Ali Port and Free Zone. DLC is positioned to serve a wide range of transportation, logistics, and value-added operations within a single-bonded free zone environment. Due to its adjacent location and direct connection with the Jebel Ali Port and Free Zone through the Dubai Logistics Corridor (direct infrastructure connection, custom bonded), DLC will facilitate the transportation of goods from air to sea and vice versa. DLC offers leases of office space, warehouse space, and long-term leases of development land enabling Free Zone Enterprises to design and construct their own facilities.
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Mainland Company Setup
Complete exemption from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
The UAE Companies law does not prescribed any minimum share capital but the entity should have adequete capital to achieve the incorporation purpose. Normally accepted minimum share capital for an LLC registered in Dubai was AED 100,000.
Presently, there is no requirements to deposite the share capital in UAE local bank.
Presently, there is no requirements to deposite the share capital in UAE local bank.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space