DAFZA Announces 16% Profit Growth for 2016 and Record Numbers for DAFZA Company Registrations
March, 2017
The Dubai Airport Free Zone (DAFZA) has announced a record number of DAFZA company registrations and a 16% net profit growth for the year 2016.
This outstanding success is evidence that DAFZA is the prime destination for global businesses and global investors to register their companies and reap DAFZA’s world-class benefits while enjoying the superb business opportunities that this free zone has to offer.
International players have placed their confidence in DAFZA, which in turn has played a significant role in strengthening Dubai’s position as the number one global investment destination.
DAFZA has helped Dubai’s outstanding growth in investments from all the main global markets and mainly USA, Europe, India, Japan and Singapore.
Further Details on DAFZA Company Registration Fees and Procedures
Why DAFZA Company Registration?
There are many attractive business incentives to be enjoyed if you set up a DAFZA company. Some of which are:
- Zero corporate tax
- Zero personal income tax
- Zero currency restrictions
- 100% foreign ownership
- Zero restriction on capital repatriation
- Zero import or re-export duties
- Strategic location
- Modern state-of-the-art facilities and infrastructure
- Easy access to a large numbers of talented employees
- One stop shop with simple processes
- Onsite customs services
You are only 5 simple steps away from registering your own DAFZA Company:
Click here for Step One: Contact us
Click here for Step Two: Choose the company type that suits your needs
Click here for Step Three: Begin the establishment process
Click here for Step Four: Open corporate and personal bank accounts
Click here for Step Five: Start operating your company, together with our support and guidance
Frequently Asked Questions about DAFZA Company Registrations | |
Question | Answer |
Is DAFZA part of Dubai International Airport? | DAFZA is located on the apron of Dubai International Airport, however it is not part of the airport. |
What types of companies does DAFZA provide? | DAFZA provides 2 types of companies:
Free Zone Company (FZCO): A Free Zone Company (FZCO) can be registered with a minimum of one shareholder and a maximum of 50 shareholders. The shareholders can be either an individual person or a non-individual, ie a company. There is a minimum share capital required of AED 1000. A Branch of an existing company: An overseas company can set up a branch of its company in DAFZA. There is no requirement for share capital. |
How long does it take to set up a company at DAFZA? | A DAFZA company registration takes 2 working days following the submission of the required legal documents and settlement of invoices. |
What types of Licenses are available at DAFZA? | DAFZA’s clients can choose from two types of business licenses, according to their needs:
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What business activities are permitted in DAFZA? | At DAFZA all trading activities are permitted, as long as they are not trading of hazardous or illegal products. |
Can I rent an office at DAFZA? | Clients can set up their businesses in DAFZA’s modern offices which are available for lease on an annual basis. The offices are located in DAFZA’s state-of-the-art Business Park. There is a wide range of office types and packages available. |
What about units for warehouses and factories? | DAFZA’s light industrial units can be used as warehouses for storage and distribution or as factories for light production and assembly. |
How long does it take for a DAFZA visa to be issued? | It normally takes 3-4 working days for a DAFZA visa to be issued. For urgent cases, it can take 1-2 working days. |
Contact us to Discuss Your DAFZA Company Registration Needs – for Guidance and Consulting
Some interesting facts about DAFZA….
DAFZA achieved 109.82 billion AED non-oil foreign trade for 2015, which is 9% of Dubai’s total trade and 20% of Dubai’s trade for all the free zones for the same period.
DAFZA now houses over 1,600 registered companies from over 20 business sectors. Some of these companies belong to the biggest and most successful Fortune 500 companies like Red Bull, Johnson & Johnson, Airbus, Chanel, Estee Lauder, Toyota, Roche, Audi Volkswagen and Rolls Royce…. to name just a few.
DAFZA has once again proved that it is one of the world’s most successful and popular free zones.