Here Come New Ideas for Dafza Company Setup
The Dubai Airport Free Zone is one of the oldest free zones in the Emirate since it was founded in 1996. Ever then the Dubai Airport Free Zone recorded one of the fastest economic growths and it today counts over 1,500 firms. The Dubai Airport Free Zone Body (DAFAZA) is the authority in charge of business registration in the free zone.
Below, our Dubai company formation agents describe the primary reasons for creating a business in Dubai Airport Free Zone.
Advantages offered for international investors in Dubai Airport Free Zone
Those who intend to create enterprises in Dubai Airport Free Zone should know that they will profit from the following:
customers will have complete control over their firms and they will benefit from one of the shortest company registration processes; each shareholder requires just 1,000 AED (about 300 USD) as capital for the firm; the company owner may apply for Employer of Record one of the 4 business licenses available in the free zone;
the Dubai Airport Free Zone is situated near the major airport in the emirate; DAFAZA recently launched the industrial park which is the newest zone devoted for enterprises operating in the free zone;
there are no corporation taxes or fees for repatriating money as a foreign investor.
Our company incorporation specialists in Dubai can aid international investors who wish to set up enterprises in Dubai Airport Free Zone.
Reduced business registration expenses in Dubai Airport Free Zone
At the beginning of 2018, the free zone government has stated that foreign investors coming to Dubai Airport Free Zone would benefit from lower company registration charges. These expenses associated with starting up a company in Dubai Airport Free Zone have been lowered by 65 percent.
The expenses linked to the licensing procedure have also been decreased by 33 percent, while the costs involved with the visa applications for foreign personnel have been reduced by 20 percent.
At the end of 2018, DAFAZA announced a reorganization of the business licensing system which would imply more flexibility connected to applying for licenses and permits upon firm establishment in the free zone.
Dubai Airport Free Zone Authority (DAFZA) is the Licensing Authority that may grant Licenses for expatriate investors to run a business inside Free zone, outside Freezone ( subject to customs restrictions), and worldwide.
Dubai Airport Free Zone Authority is one of the VAT exempted Free Trade Zones in Dubai and it offers the most straightforward Dubai Airport Freezone company setup and business establishment procedures. The prerequisites for business establishment in DAFZA are basic and the cost for setting up a firm is inexpensive.
In reality, the prosperity of the Dubai Airport Freezone represents the success of Dubai. Now one of the most active and varied cities in the world with nationalities from 180 countries, Dubai has introduced e-governance and consequently, there is transparency in all licensing operations.
Situated in a strategic position that allows access to 2.5 billion customers throughout Europe, Asia, and the Middle East, it’s no wonder that enterprises flourish here. Dubai Airport Free Zone prides itself on its state-of-the-art amenities and location. What makes Dubai Free Zone stand out however is the tailor-made Company Registration Packages and the array of investment advantages it provides.
