DAFZA is one of Dubai’s most popular free zones thanks to its strategic location and acceptance of many DED- Permitted business activities.
Dubai Airport Free Zone Authority (DAFZA) is the Licensing Authority that can issue Licenses for expatriate investors to operate business within Free zone, outside Freezone ( subject to customs regulations) and internationally.
Dubai Airport Free Zone is located adjacent to Dubai International Airport and designed to provide premium facilities to the business fraternity worldwide. DAFZA companies can be incorporated at a cost starting from approx. AED 41,790 for 6 sq.m Office and the License (Smart Desk Package).
There are hundreds of business activities that can be Licensed and it includes Consultancy, Trading, Manufacturing, IT Services, Aviation services, Mobile phone and accessories trading, food stuff trading etc.
Dubai Airport Free Zone Authority is one of the VAT exempted Free Trade Zones in Dubai and it has the easiest and simple company formation processes. The requirements for company setup in DAFZA are minimal and cost for setting up a company is reasonable.
Dubai Airport Free Zone prides itself on its state-of-the-art facilities and location. What makes Dubai Free Zone stand out though is the tailor-made Company Registration Packages and the host of investor benefit it offers.
In addition to various regional and international awards, Dubai Airport Freezone ranked 2nd in the world and 1st in the Middle East by Financial Times FDI Magazine’s global ranking of the Freezones.
Another major advantage for the investor for choosing Dubai Airport Free Zone is connectivity. The integrated infrastructure and proximity to Dubai International Airport with 150 airlines and over 220 destinations make traveling to and from your office simple and straightforward for you, your employees and your clients.
Since Dubai Airport Freezone businesses operate around the clock, there is 24-hour customer service and rapid cargo clearance through a dedicated logistics center to facilitate easy trade.
VAT Exempted Free Zone – Dubai Airport Free Zone
DAFZA is one of the VAT Exempted Free Zone in Dubai. Investors setting up a company in the Free Zone can avail the benefits of a VAT Exempted Free Zone.
A VAT Exempted Free Zone allows the investors to be out of the VAT Scope for every sales transaction within the Free Zone or between two VAT Exempted Free Zones. Any service rendered or transfer of goods out of the Free Zone to the mainland or other Free Zones are subjected to VAT.
Expert Business Consultants at YUGA ACCOUNTING will advise you more on the VAT Exemptions and regulatory compliance investors must follow while registering a business in DAFZA. The team renders full support to investors for company formation, leasing office, visas, chamber registration, VAT Registration, and more in DAFZA.
How to setup a Freezone Company in DAFZA?
To set up a company in DAFZA the investor must follow certain steps. It is best advised to take the assistance of Business Consultants to have seamless company incorporation. Expert Business Consultants at YUGA will guide investors to set up their company in DAFZA the right way.
The application form will be prepared and submitted to the authorities with the shareholder details and identification documents. The investor must choose the right business license and business activities based on their business plan and experience. The tenancy contract for the office space based on the business activities has to be prepared as the next step. Following the submission of the required documents, shareholding pattern, office space requirements, and the business license fee; the trade license will be issued by the authorities.
The investor can now apply for the UAE Residence Visa and open a corporate bank account to start operating the company transactions seamlessly. Team YUGA ACCOUNTING & TAX CONSULTANCY will assist you in the end-to-end company formation process and allied business services based on your requirement. Connect with our expert team to get all your queries relating to company setup in DAFZA answered.
DAFZA Company Registration – Features
- The current rate of the office area is AED 2000 per sq. m.
- The minimum area available is 6.65 sq. m (Smart Desk Office Package).
- 5-star Infrastructures & Amenities.
- Strategical location for business.
- Easy access to Dubai Airport.
- The timespan for obtaining a license is approximate 7 days.
- Visa Assistance will be provided by YUGA.
- VAT (Value Added Tax) exempted free zone.
Types of Companies :
- Free Zone Company (FZCO), starting from 2 and up to 50 shareholders, for both individuals or companies or both. The requirement for capital is depending on the activity. FZCO 2-50 Shareholders.
- Branch of an Existing foreign company in Dubai Airport Free Zone – No special requirements for share capital.
- Subsidiary company – A foreign company can own 100% Shares of a Dubai Freezone company.
Required documents for Company Formation in DAFZA
Individual shareholder/s
- Application Form – provided by US
- Passport copy (shareholders, manager) along with residence visa page
(Optional) Passport copies of directors and secretary. - No Objection Letter from Sponsor (for UAE based company only)
- CV
Non-Individual shareholder/s
- Application Form – provided by YUGA
- Passport copy (shareholders, manager) along with residence visa page (Optional) Passport copies of directors and secretary
- Company profile/brochure or CV
- Audited Financial Report
- Notarized & Attested Certificate of Incorporation, MOA & POA
- Shareholders Resolution calling for the establishment of FZCO in DAFZA
FOR MORE INFORMATION, CONTACT US :
Phone : +971 52 1952 532 / +971 4 240 1110
Mail-Id : info@yugaaccounting.com
Website : www.yugaaccounting.com