Dubai, located strategically at the cross roads of three continents, this exciting city of the world offers a unique gateway to foreign investors and gives access to a regional population of 1.8 billion. Not only is it a centre for commerce but is also an innovative, vibrant city perfectly suited to the 21st century. All this can only mean one thing, growth that is set to continue well into the future.
Dubai Airport Free Zone or DAFZA was established in 1996 as a part of the government's strategic plan to be an investment driven economy. It is structured around contemporary business needs, and offers companies an ideal base to do business in the Middle East with generous incentives.
|Location:||Dubai Airport Free Zone, Dubai, (U.A.E.)|
|Permitted activity:||Trading/ Service/Mfg. activities (light industrial unit)|
|License available:||Trading/Service and Industrial license|
|Types of entities:||Free Zone Entity, Branch office|
|Shareholder:||Can be individual or corporate entity|
|Share capital:||Minimum share capital of AED 1,000/- for each shareholder|
|Audit:||Audit report is required to be submitted to free zone authorities|
|Estimated time:||Minimum of 5 - 6 working weeks to obtain final trade license|
|Renewal:||License of the company has to be renewed on annual basis. Penalty would be charged by the authority if license is renewed after expiry date.|
Starting from AED 84,900/- onwards (inclusive of license, registration and business enabled office rentals) and renewal charges amounts to same AED 84,900/- from next year onwards. However please note that the above mentioned charges can vary depending upon the number of license applied under one company and also depends upon the leasing/office facility acquired.
GBS has helped many individuals and corporate entities to set up their businesses in Dubai Airport Free Zone. GBS provides you consultancy and helps you with company incorporation services at Dubai Airport Free Zone.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.