Dubai Flower Centre (DFC)
Dubai Flower Centre Authority, Dubai
Description
Established in 2004, the Dubai Flower Centre (DFC) is a specialized free zone located at Dubai International Airport, dedicated to the floriculture industry. It serves as a logistics hub for the import and export of flowers and perishables, offering state-of-the-art facilities designed to handle large volumes of perishable goods efficiently.
| Emirate | Dubai |
| Website | https://www.dubaiflowercentre.com/ |
| Contact Email | info@dubaiflowercentre.com |
| Contact Info |
Phone: +971 4 216 5555
Address: Dubai Flower Centre, Dubai International Airport, Dubai, UAE
|
| Year Established | 2004 |
| License Types | Trading License, Service License |
| License Cost | License fees vary based on the type of license and business activity. |
| Formation Cost | Formation costs depend on the chosen license type, facility, and business activity. |
| Minimum Capital Requirement | No specific minimum share capital requirement is specified; it may vary depending on the business activity and legal structure. |
| Allowed Business Activities | Floriculture, Horticulture, Perishables Trading, Logistics, Retail |
| Company Legal Structures | Free Zone Establishment (FZE), Free Zone Company (FZCO), Branch of a Foreign Company |
| Allowed Activities | Import and Export of Flowers, Perishables Trading, Logistics Services, Retail Operations |
| Restricted Activities | Activities requiring special approvals from UAE authorities |
| Investor Visa Cost | Visa costs vary based on the investor's profile and specific requirements. |
| Employee Visa Cost | Visa costs vary based on the employee's role and specific requirements. |
| Processing Time (Days) | 30 days - The company formation process typically takes around 30 days to finalize, depending on documentation and approvals. |
| Physical Office Required | Yes |
| Office Space Options | Office Spaces, Warehouses, Cold Storage Facilities |
| Office Space Cost | Office space costs vary based on size, location, and facility specifications. |
| Virtual Office Available | No |
| Bank Account Assistance | Yes |
| Bank Account Cost | Assistance is provided; costs may vary depending on the chosen bank. |
| Partner Banks | Emirates NBD, Mashreq Bank, RAKBANK |
| Governing Laws | Operates under UAE federal laws and Dubai regulations. |
| VAT Registration Required | Yes |
| Corporate Tax Applicable | No |
| Annual Audit Required | Yes |
| Renewal Fees | Annual renewal fees vary based on the type of license and business activity. |
| Business Restrictions | Specific activities may require additional approvals. |
| Ownership Structure | 100% foreign ownership |
| Import/Export Restrictions | No Standard customs regulations apply; specific activities may require additional approvals. |
| Benefits | 100% foreign ownership, Full repatriation of profits and capital, Exemption from personal and corporate taxes, No customs duties on goods and services, Strategic location at Dubai International Airport, Access to advanced cold storage and logistics facilities, Efficient handling of perishable goods |
| Drawbacks | Limited to floriculture and perishables-related activities |
| Specific Compliance Requirements | Compliance with UAE federal laws and Dubai regulations, Adherence to industry-specific standards and practices |
