Business setup in DAFZA

DAFZA is known as Dubai Airport free zone. The business formulated at DAFZA can connect to Europe, Middle East, Africa, and the rest of Asia. It is home to 3000 companies and 20 industries. The industries such as trading, aviation, manufacturing, logistics, pharmaceuticals and IT. Establishing the business in these DAFZA provides you 100% foreign ownership, tax free environment, world class infrastructure, flexible licences options and streamline regulations to set up the business in Dubai.

Business Setup in DAFZA is a lengthy and complex process. Bizinvestfrim assists you in the process of setting up business in DAFZA from a legal licence to opening a bank account to registering a company. You can contact Bizinvestfrim when you have to set up a business in DAFZA. 

Benefits of Setting Up Business in DAFZA

Businesses looking to expand their operations to the Middle East and the MENA region can set up their company in DAFZA. Besides, there are several other reasons why DAFZA is an ideal location for business formation.

1. Simplified setup process

Business Setup in Dubai Airport Free Zone is relatively quick and straightforward. The procedures are streamlined and there are also options for online registrations.

2. Access to markets

DAFZA companies can take advantage of Dubai’s strategic location as it provides direct access to markets in the Middle East, Africa, Asia, and Europe.

3. Top-notch infrastructure

The state-of-the-art facilities, advanced infrastructure and telecommunications, and transportation networks are a plus for businesses in Dubai Airport Free Zone.

4. 100% Foreign ownership

Foreign investors in DAFZA do not require to hire local sponsors for their company establishment. They can enjoy 100% proprietorship of their business.

5. Networking opportunities

DAFZA sets up start-ups and SMEs with opportunities to connect and collaborate with other corporations and industry experts through various networking events, seminars, and exhibitions.

6. Tech-driven atmosphere

DAFZA offers advanced technology infrastructure and services such as high-speed internet, cloud computing, data centers, etc. in order to drive digital transformation of businesses.

Process of Business Setup in DAFZA

Business formation in DAFZA is a straightforward process. However, one needs to do careful planning and adhere to the rules and regulations of the free zone. Therefore, it is better to take the help of expert business consultants who can judiciously guide you through the process and keep you well-updated with the corporate trends.

1. Choose Business activities

Identify the nature of the business activity that you want to perform and ensure that it is approved by DAFZA.

2. Register Company name

Find a unique name for your company that complies with the nature of your business and the naming conventions of the UAE government.

3. Apply For License

Submit a request for business formation and license registeration along with all the required documents.

4. Legal permits

Obtain all the necessary legal permits and approvals from the relevant authorities.

5. Lease agreement

Sign a lease agreement with the authorities for the office or warehouse space you choose for your business operations.

6. Open Bank account

Set up a business account to facilitate your company transactions.

document required for business setup in DAFZA

For individual shareholders:-

  • Application Form
  • At least three proposed company names
  • Brief of business activities
  • Passport copies of all the Shareholders
  • Personal bank statement of each shareholder for the last six months
  • CV (highlighting the work experiences) of the shareholders/authorized manager

For non-individual shareholders:-

  • Application Form
  • Passport copies of shareholders, manager, directors, and secretary
  • Company profile/brochure
  • Audited Financial Report
  • Certificate of Incorporation
  • MOA & AOA
  • Shareholders’ Resolution claiming for the establishment of the company in DAFZA

Types of licenses offered in Dubai Airport Free Zone

There are three main types of trade licenses in DAFZA

1. Commercial license

For companies looking to deal in imports, exports, distribution, and storage of goods.

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2. Industrial license

For entities engaged in light manufacturing activities including packaging and assembling.

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3. Service license

For companies who want to provide specialized services to customers.

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4. E-commerce license

For businesses that are engaged in online trading activities.

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5. General trading license

For entities involved in trading multiple goods from various sectors.

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6. Freelance permit

For individuals who want to work independently as freelancers in DAFZA.

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Legal structures for company formation in DAFZA

An FZ-LLC is a legal entity that can be formed by single or multiple shareholders. This structure is suitable for those entrepreneurs who want to establish an independent company.

A branch is part of a local or foreign parent company. Businesses that want to establish their presence in the Dubai Airport Free Zone without forming a separate company can opt for a branch establishment. This way they can expand their operations to other parts of the UAE.

Cost of business setup in DAFZA

DAFZA company setup cost generally starts from AED 15,000 to AED 50,000 depending on factors like the type of license, facilities required, and the nature of the business activity. Nevertheless, the basic expenses may include the following –

  • License fee
  • Rent of office or warehouse space
  • Legal administrative fee
  • Visa fee
  • License renewal fee

Bizinvestfirm consultants can give you a clear understanding of the costs involved in DAFZA company formation. The DAFZA license renewal costs AED 10,000*. The process is quite simple and cost-effective. Moreover, you can complete this process remotely with the help of Bizinvestfirm agents. You need to submit an annual audit report starting from the second renewal. Further, pay the requested amount of fee and submit the signed lease agreement of your office facility.

Ready To Get Your DAFZA Business License?

To find more affordable options for business setup in DAFZA, contact Bizinvestfirm.

Bizinvestfirm is one of Dubai’s best business formation service providers. Their seasoned team of professionals can help solve all your business-related queries and offer the best customized solutions for all kinds of business concerns.

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