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Home Page :company formation in ajman, company formation in ajman free zone, company formation in dafza, company formation in dubai, company formation in dubai air port free zone company formation in dubai financial city, company formation in dubai free zone company formation in free zone, company formation in jafza, company formation in jebel ali free zone, company formation in rak, company formation in rak free zone, company formation in ras al khaimah, company formation in ras al khaimah free zone, company formation in sharja free zone, company formation in sharjah, company formation in sharjah free zone, company formation in uae
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| Dubai Airport
Free Zone Authority (DAFZA)
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Horwath Mak business consultants can facilitate in
setting up business at DAFZA.
DAFZA is strategically placed within the boundaries
of an airport so an organization can enjoy dynamic
advantages of free trade zones. DAFZA offers the
ideal environment for high value, low volume products.
Dubai Airport Free Zone is located in Dubai-
U.A.E. It was established in November 1996,
and is located near the Dubai International
Airport. The total size of the zone is 1,200,000
sq. meters.
The Dubai Airport Free Zone is organized to
meet the requirements of companies establishing
themselves at the airport. Dubai Airport Free
Zone provide attractive business incentives
including 100% foreign ownership, a corporate
tax holiday for 15 years renewable for an additional
15 years, no personal income tax, freedom to
repatriate both capital and profits, full exemption
of import duties and no currency restrictions.
Moreover, DAFZA has a gateway for a market of
over 1.5 billion people.
DAFZA is wholly owned by the government of Dubai
and is one of the fastest growing government
projects in the country. The reason for success
is simple.....everything is based on quality.
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| Competitive
Advantages: |
• Located within the boundaries of Dubai
International airport
• Land with easy access to airport apron
• Investor-Oriented management
• Environmental friendly activities and procedures
are actively encouraged
• Competitive leasing / Minimum management
and operational bureaucracy
• One stop shop Administration service
• On-site customer inspection
• Companies at DAFZA can operate 24 hours
a day
• Easy accessibility to DAFZA building and
offices within
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| Facilities
offered |
Warehouse
(Area of unit – 350m2)
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Light
Industrial
Unit (Area of unit 350m2)
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Offices
(Min 50 Sq. meters |
Land
Min 2,500 m2)
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| Rental Per Annum |
US$ 164/m2
(AED 600/m2)
Plus 5% service charge
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US$ 191/m2
(AED 700/m2)
Plus 5% service charge)
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US$ 545/m2
(AED 2000/m2)
Plus 7% service charge
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US$ 35.45/m2
(AED 130/m2)
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| Lease period |
Two years, renewable for similar period |
Two years, renewable for similar period |
Two years, renewable for similar period |
15 years
renewable every 15 years |
| Possible legal entities |
Branch of Foreign Company |
Branch of UAE company |
Free zone Establishment (FZE) |
Free zone company (FZCO) |
| Capital – cash physical |
None |
None |
US$ 272,703
(AED 1,000,000)
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US$ 136,352
(AED 500,000
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| No of shareholders |
- |
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One |
Min 2 x Max 5 |
| Formation fee |
None |
None |
US$ 2,727
(AED 10,000)
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US$ 4,091(AED 15,000) |
| Types of license issued |
Trading |
Service |
Industrial |
| License fee |
US$ 2,727
(AED 10,000)
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US$ 2,727
(AED 10,000)
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US$ 2,727
(AED 10,000)
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| Business Segements |
License are issued based on
investor’s business activities. Number
of activities is restricted to two. Any additional
activity requires a fee payment of AED 3,000
per activity. No general trading license is
issued. However, a company can obtain an additional
licnese provided minimum office space leased
is 100 Sq. meters. Companies can opt renewing
the license for a period of one or three years
subject to payment made full in advance. FZCO
is required to pay an amount of US$ 818 (AED
3,000) as annual good standing fee. |
| Port facilities |
Dubai Airport, Port Rashid,
Jebel Ali Port |
| Visas |
4 visas for 50m2 office and
20 visas for LIU. However, no restriction
for industrial / assembly units operating
in leased land as required by the activity. |
| Company formation period |
30 days. |
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| © Copyrights
2008-2009, Horwath Mak Business Consulting |
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