DAFZA is one of the most advanced and prestigious free zones in Dubai, an ideal base for doing business in the Middle East by offering a business-friendly atmosphere, tax exemption, world-class, infrastructure, complete repatriation of earning, and complete ownership. Most of the investors are keen on the DAFZA company setup and it has the very simple and easiest process of company formation. So, here we present some vital factors of a company set up in DAFZA that will surely help you to understand the vital requirements that you should know for your establishment.
The Dubai Airport Free Zone Authority is one of the VAT exempted free zones in Dubai. In fact, the success of DAFZA actually reflects the success of Dubai. Nowadays, the most diverse and dynamic city in the globe with nationalities from 180 nations, Dubai has implemented e-governance and therefore transparency in all licensing processes.
Located in a strategic location providing access to 2.5 billion consumers in Asia, Europe, and the Middle East, this is no surprise that companies thrive here. DAFZA prides itself on its state-of-the-art facilities and place. Another main benefit for the investors to selecting DAFZA is connectivity. DAFZA’s integrated proximity and infrastructure to Dubai international airport make travel smooth. DAFZA business conduct round the clock.
DAFZA provides many services within the free zone like licensing and leasing of the free zone company. facility management, smart desks, telecommunication, and other technology services, and government centers and commercial center and banks are also available. DAFZA’s advantages and business-friendly services contributed to its development. This now has approximately 1,600 companies from around the globe, covering a vast number of various sectors.
DAFZA has also an online portal that makes company establishment services accessible easily to clients, post the company’s inception. This has a client lounge on its website which contains a list of existing companies registered with the free zone.
Documents Required for DAFZA Company Setup
The essential documents that you should require to prepare for your DAFZA company setup procedure are given below:
- Application form of business
- Passport photocopies of the managers and stakeholders
- Residence visa page of managers and stakeholders
- No Objection Certificate, if for companies located in the UAE only.
- Personal bank statement of last six months
- CV of company profile
- Audited financial report
- Notarized and verified incorporation certificate, MOA, or POA
- Stakeholder’s resolution calling for the setup of FZCO in DAFZA
Benefits of Business Setup in DAFZA
Below we mentioned a few key benefits of the DAFZA company setup:
1. Extraordinary Operational Services
These services range from full use ready-to-use offices and housekeeping services and world-class IT to 24 hours quick and professional protection, around-the-clock logistics facility, and unfailing energy. In addition, these services are handled by internationally qualified and trained staff, backed by state-of-the-art hi-tech equipment.
2. 100% Ownership
This is one of the biggest benefits of selecting DAFZA to establish your offices. The opportunity to conduct business in its entirety in an overseas land is often rare and unusual, and the capability to make fast operational and administrative decisions without obtaining it. Accepted by others can play a unique role in business success.
3. 100% Repatriation of Profits
Businesses conducting within the DAFZA are exempt from import and export taxes, corporate and personal taxes, and duties for approximately 50 years. Full repatriation of profits not just adds to revenue, but this also secure business from worrying regarding the frequent changes in the policies of the government that are eating away at more of their profits.
4. Business Process Made Easy
DAFA is fertile ground to begin any kind of company formation procedure. Not just there are a number of licenses available depending on your unique industry and business verticals, but they are also simple to get through a procedure free of hassle red tape, and unessential administrative work.
5. Easy Hiring
One of the most important aspects that decide the success of a business is smooth to reach quality talent that can provide to the ultimate development of the organization. DAFZA assist companies by streamlining access to workers and offering wider and trouble-free visa process, partnership and accommodation services for staff.
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