Dubai Airport Freezone Company Formation |
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Located within the boundaries of Dubai International Airport, Dubai Airport Freezone (DAFZ) is ideal for businesses that deal in high value, low volume cargo, and that require rapid access to markets . The following information will help you determine whether Dubai Airport Freezone company formation is for you. |
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Advantages of Dubai Airport Freezone company formation |
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| 1. | Dubai Airport Freezone (DAFZ) is one of the UAE's most efficient free zones. Because it is located in the international airport, it is particularly attractive to cargo and service-related Firms. |
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| 2. | A Dubai Airport Freezone entity is legally tax-exempt. Furthermore, there are neither import or export duties in DAFZ nor personal income taxes. Following Dubai Airport Freezone company formation, investors are freely able to transfer capital out of Dubai. In addition, there are no currency restrictions on a DAFZ company. |
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| 3. | Entrepreneurs choosing Dubai Airport Freezone company formation benefit from i) low annual license fees of Dhs10,000 (approximately US$2700) for a trading license) ii) and competitively-priced one-off registration fees of Dhs10,000 (approximately US$2700) for a Free Zone Enterprise (FZE). |
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| 4. | 100% foreign ownership is permitted for investors choosing Dubai Airport Freezone company formation. A minimum of one shareholder is required for a Freezone Establishment and two - five shareholders are required for a Freezone company (FZC). |
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| 5. | Healy Consultants assists with all facets of Dubai Airport Freezone company formation, including i) company registration ii) assistance in obtaining the trade license and iii) assistance opening a bank account to support Dubai Airport Freezone company formation. Our staff will handle all formalities without our client needing to visit Dubai. International entrepreneurs can establish one of the following types of entity in Dubai Airport Freezone: a) Branch of a foreign company; b) A Free Zone Company (FZC) - this entity requires a minimum of two shareholders; c) A Free Zone Establishment (FZE) - this entity requires a minimum of one shareholders. |
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6. |
There are no restrictions on a Dubai Airport Freezone entity hiring expatriate staff. |
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Disadvantages of Dubai Airport Freezone company formation |
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1. |
Despite the low license and registration fees, warehousing and office space in DAFZ is expensive compared to other UAE Freezones. For example, a 350 square metre warehouse in DAFZ can cost approximately Dhs32,000 per month (approximately US$8,700), compared with Dhs195,500 for a larger 555 square metre warehouse in Jebel Ali Free Zone. |
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2. |
Dubai Airport Freezone has high capital requirements of Dhs 1 million (approximately US$272,000) for an FZE and Dhs 500,000 (approximately US$136,000) for a Freezone company or branch. However, there are no capital requirement for a Branch company. |
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Contact Us | |||||||||||||||||
For additional information on Dubai Airport Freezone Company formation, contact email@healyconsultants.com or telephone us at (+65) 6735 0120. |
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