Dubai Airport Free Zone (DAFZ)
Dubai Airport Free Zone Authority, Dubai
Description
Dubai Airport Free Zone (DAFZ)
| Emirate | Dubai |
| Website | https://www.dafz.ae/en/ |
| Contact Email | info@dafz.ae |
| Contact Info |
Phone: +971 4 299 5555
Address: Dubai Airport Freezone, P.O. Box 491, Dubai, UAE
|
| Year Established | 1996 |
| License Types | Trade License, Service License, Industrial License, E-Commerce License, General Trading License, Dual License with DED |
| License Cost | AED 15,020.00 - License fees start from AED 15,020 annually, varying based on the type of license and business activity. |
| Formation Cost | AED 7,000.00 - An initial registration fee of AED 7,000 is required for Free Zone Company (FZCO) formation, with additional costs depending on the chosen license type, facility, and business activity. |
| Minimum Capital Requirement | No minimum share capital requirement is specified; however, it may vary depending on the business activity and legal structure. |
| Allowed Business Activities | Import, Export, Re-export, Distribution, Storage, Light Manufacturing, Packaging, Assembling, Consulting, Service Provision, E-commerce |
| Company Legal Structures | Free Zone Establishment (FZE), Free Zone Company (FZCO), Branch of a Foreign Company |
| Allowed Activities | Trading, Services, Industrial Activities, E-commerce |
| Restricted Activities | Activities requiring special approvals from UAE authorities |
| Investor Visa Cost | AED 3,000.00 - Visa costs range between AED 3,000 to AED 5,000 per person, including medical and Emirates ID. |
| Employee Visa Cost | AED 3,000.00 - Visa costs range between AED 3,000 to AED 5,000 per person, including medical and Emirates ID. |
| Processing Time (Days) | 14 days - The overall process of company formation in Dubai Airport Free Zone will take approximately between 2 to 4 weeks to finalize. |
| Physical Office Required | Yes |
| Office Space Options | Office Spaces, Warehousing and Industrial Spaces, Cold Storage Spaces |
| 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 | AED 15,020.00 - Annual renewal fees start at AED 15,020, varying by 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, 0% import and export tax, No personal income tax, Freedom to repatriate capital and profits, Strategic location with direct access to Dubai International Airport, Access to a thriving ecosystem of over 2,000 registered businesses, State-of-the-art infrastructure and facilities |
| Drawbacks | Potentially higher setup and operational costs compared to other free zones |
| Specific Compliance Requirements | Compliance with UAE federal laws and Dubai regulations, Adherence to environmental and safety standards |
