Dubai Airport Free Zone

AGN MAK iNTERNATIONAL CONSULTING can facilitate in setting up business at DAFZA.
DAFZA is strategically placed within the boundaries of an airport so an organization can enjoy dynamic advantages of free trade zones. DAFZA offers the ideal environment for high value, low volume products.
Dubai Airport Free Zone is located in Dubai- U.A.E. It was established in November 1996, and is located near the Dubai International Airport. The total size of the zone is 1,200,000 sq. meters.

The Dubai Airport Free Zone is organized to meet the requirements of companies establishing themselves at the airport. Dubai Airport Free Zone provide attractive business incentives including 100% foreign ownership, a corporate tax holiday for 15 years renewable for an additional 15 years, no personal income tax, freedom to repatriate both capital and profits, full exemption of import duties and no currency restrictions. Moreover, DAFZA has a gateway for a market of over 1.5 billion people.

DAFZA is wholly owned by the government of Dubai and is one of the fastest growing government projects in the country. The reason for success is simple.....everything is based on quality.

Competitive Advantages:

	Located within the boundaries of Dubai International airport
	Land with easy access to airport apron
	Investor-Oriented management
	Environmental friendly activities and procedures are actively encouraged
	Competitive leasing / Minimum management and operational bureaucracy
	One stop shop Administration service
	On-site customer inspection
	Companies at DAFZA can operate 24 hours a day
	Easy accessibility to DAFZA building and offices within

Facilities offered	Warehouse (Area of unit – 350m2	Light Industrial Unit (Area of unit 350m2)	Offices (Min 50 Sq. mtrs)	Land (Min 2,500 m2)
Rental Per Annum	US$ 164/m2 (AED 600/m2) Plus 5% service charge	US$ 191/m2 (AED 700/m2) Plus 5% service charge)	US$ 545/m2 (AED 2000/m2) Plus 7% service charge	US$ 35.45/m2 (AED 130/m2)
Lease period	Two years, renewable for similar period	Two years, renewable for similar period	Two years, renewable for similar period	15 years renewable every 15 years
Possible legal entities	Branch of Foreign Company	Branch of UAE company	Free zone Establishment (FZE)	Free zone company (FZCO)
Capital – cash physical	-	-	US$ 272,703 (AED 1,000,000)	US$ 136,352 (AED 500,000
No of shareholders	-	-	One	Min 2 x Max 5
Formation fee	-	-	US$ 2,727 (AED 10,000)	US$ 4,091(AED 15,000)
Types of license issued	Trading	Service		Industrial
License fee	US$ 2,727 (AED 10,000)	US$ 2,727 (AED 10,000)		US$ 2,727 (AED 10,000)
Business Segements	License are issued based on investor's business activities. Number of activities is restricted to two. Any additional activity requires a fee payment of AED 3,000 per activity. No general trading license is issued. However, a company can obtain an additional licnese provided minimum office space leased is 100 Sq. meters. Companies can opt renewing the license for a period of one or three years subject to payment made full in advance. FZCO is required to pay an amount of US$ 818 (AED 3,000) as annual good standing fee.
Port facilities	Dubai Airport, Port Rashid, Jebel Ali Port
Visas	4 visas for 50m2 office and 20 visas for LIU. However, no restriction for industrial / assembly units operating in leased land as required by the activity.
Company formation period	30 days.