DAFZA Free Zone Business Setup

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DAFZA Free Zone Business Setup

Company Formation in Dubai Airport Free Zone (DAFZA)

Located adjacent to Dubai International Airport, one of the fastest-growing airports in the world, this is an ideal destination for businesses that require rapid access to markets for high-value, low-volume cargoes. DAFZA is established and wholly owned by the Dubai government and is one of the most premium Free Zones where investors can be part of the high-profile business sectors. DAFZA Free Zone Business Setup or Company Formation in Dubai Airport Freezone

dubaiairport-free-zone-dafz

Benefits of Setting up Business in DAFZA

Flexible space design with state-of-the-art communication facilities:
1,600 companies from across the globe and covering a vast number of key industry sectors, including aviation, freight & logistics,
One significant advantage of setting up a company in DAFZA is that it allows 100%  foreign ownership. You don’t need a Local ( UAE ) Partner to form a company in DAFZA.

We are always ready to Assist you

“We’re here 24/7 to assist with business formation in Dubai, auditing, accounting, and tax services in UAE. Contact us:  +971 565539955.”

Business Setup Requirements & Procedure Documents Required

  1. Application form (we Prepare )
  2. Letter of Intent (we Prepare)
  3. Your existing company brochure (if available)
  4. Copy of the manager’s passport and his CV
  5. Copy of shareholder(s)’ passport and CV
  6. Annual financial report or shareholder(s)’ 6-month bank statement for the shareholder not applicable for new registration
  7. No Objection Letter by the current sponsor for the manager (if a resident of UAE and a UAE employment visa-holder)
  8. Original (not a copy) bank reference letter (for each shareholder)

Initial approval(s) from the third-party authority(s) in case your business activities require such approvals, e.g., media, IT, pharmaceutical

Additional Documents Required for a Corporate Shareholder and Branch

  • Attested and notarized Memorandum of Association/Article of Association. The UAE Embassy must attest to it at the place of origin.
  • Certificate of registration (if applicable) for your existing company or entity license. Or certificate of incorporation of your current company or entity attested and notarized by the UAE Embassy.
  • Board of resolution to be committed by the board of directors for your existing company/entity at the place of origin. Expressing the intent of establishing a new setup abroad. It must be attested and notarized by the UAE Embassy (our firm will forward the template)
  • When all the above is complete, your business license and share capital certificate will be issued if the capital is paid in full.
  • Processing your business setup in DAFZA will range from 2 to 4 weeks.

Business Setup Cost in DAFZA (Dubai Airport Free Zone (DAFZ)

DAFZA is one of the leading free zones in Dubai and offers various advantages such as infrastructure, reasonable costs, and connectivity to individuals seeking to set up a business in Dubai. ABS Management Consultancy has a team of experienced consultants who can assist during the business setup process in DAFZA (Dubai Airport Free Zone Authorities). The below fee table represents an estimation of the costs associated with setting up a business in DAFZA (Company formation in Dubai Airport Freezone). Please do not hesitate to contact us for further information on company formation that meets your requirements.

Cost for Business setup in Dubai Airport Free Zone Authority (DAFZA)

Business Registration and Licensing Fees

Registration Fee AED 20,000.00

Knowledge Fee & Innovation Fee AED 20.00

Cost by Trade Licence Type (Select one of the following)

Commercial License Fee AED 15,000.00

Trading License Fee AED 15,000.00

Service License Fee AED 15,000.00

General Trading License Fee AED 40,000.00

Industrial License Fee AED 15,000.00

Local Branch Company Registration (Starting from) AED 15,000.00

Foreign Branch Company Registration (Starting from) AED 15,000.00

Additional Fees for Business Registration

Establishment Card Issuance AED 650.00

Chamber of Commerce Fees AED 2,200.00

Visa Processing

Bank Guarantee / Employee Visa deposit 45 days of basic salary + one-way ticket

Employment / Residence Visa (Select one of the following)

Employment / Residency Visa – In Country AED 5,010.00

Employment / Residence Visa – Out of the Country AED 3,510.00

Termination / Winding Up / Closing Down of DAFZA Company

The documents and procedure required for the closing of the DAFZA company are as follows:-

  1. Notification
  2. Appointment of liquidator
  3. Board Resolution
  4. Clearance letters: NOCs from Etisalat, Customs
  5. The authorized Signatory shall do the bank account
  6. Newspaper Publication
  7. Closing Audited Balance Sheet
  8. Visa cancellation