Dubai is one of the fastest-growing cities in the world, with a booming economy and a rapidly developing infrastructure. One of the key drivers of this growth is the Dubai Airport Freezone (DAFZA). This world-class business hub offers many opportunities for entrepreneurs, investors, and businesses of all sizes to register as a Free Zone Company.
This article will explore the many benefits of setting up a business in economic free zone Dubai Airport Freezone and why it is a prime location for companies looking to expand their operations in the Middle East.
Table of Contents
Why Choose the Dubai Airport Freezone Company?
The Dubai Airport Freezone gateway is strategically located near Dubai International Airport, providing easy access to global markets and connecting businesses with more than 220 destinations worldwide. It offers many business activity establishment licenses, including industrial license types, facilities, and services, including modern office spaces, state-of-the-art technology infrastructure, and support services to help businesses grow and thrive.
Companies that set up their operations in the Dubai Airport Freezone also benefit from a range of tax incentives, including 100% foreign ownership, 100% repatriation of capital and profits, and zero corporate and personal income taxes. These incentives make the Dubai Airport Freezone an attractive location for businesses looking to expand their regional operations.
Also Read: Can Foreigners Buy Property in Dubai, UAE?
Facilities and Services
The Dubai Airport Free zones gateway offers a wide range of facilities and services to support businesses of all sizes. Some of the key features of the free zone include:
- Modern Office Spaces: The freezone offers a range of modern office spaces, including fully furnished offices, executive suites, and virtual offices. These offices have the latest technology infrastructure, high-speed internet, and state-of-the-art communication systems.
- Warehousing and Storage: The freezone also offers a range of warehousing and storage solutions, including dedicated storage spaces, temperature-controlled facilities, and 24-hour security surveillance.
- Support Services: The freezone provides various support services to help businesses grow and succeed, including legal and accounting services, recruitment and staffing solutions, and business development services.
- On-Site Amenities: The freezone offers a range of on-site amenities, including cafes and restaurants, fitness centers, and leisure facilities, making it an ideal location for businesses and their employees.
Benefits of Dubai Airport Free zone
DAFZA offers numerous benefits to businesses looking to set up in the region. These include tax exemptions, 100% foreign ownership, no restrictions on capital repatriation, and a range of incentives such as reduced utilities and lease rates. DAFZA also provides businesses access to a skilled and multilingual workforce and support services, such as legal, accounting, and IT.
Tax Incentives in DAFZA
One of the key benefits of setting up a business in the Dubai Airport Freezone is the range of tax incentives offered to companies. These incentives include:
- 100% Foreign Ownership: Companies that set up their operations in the free zone are 100% owned by foreign investors, making it an attractive location for businesses looking to expand their operations in the Middle East.
- 100% Repatriation of Capital and Profits: Companies can repatriate 100% of their profits without restrictions.
- Zero Corporate and Personal Income Taxes: Companies are not required to pay any corporate or personal income taxes, making it a highly tax-efficient location for businesses.
Investment Opportunities
The Dubai Airport Freezone is home to many businesses, including startups, SMEs, and large multinational corporations. This diverse business community offers a range of investment opportunities for companies looking to expand their operations in the region.
Some key industries in the free zone include aviation, logistics, technology, and finance, making it an ideal location for businesses operating in these sectors.
FAQs
Q: What is a free zone in the airport?
A: In the Duty-Free zone, you can buy things without paying import, sales, value-added, or other taxes. International travelers purchase these products, understanding that they will use them outside of the country.
Q: Why is it called a free zone?
A: Free zones are places where people can trade goods and services. People also call these places “free trade zones” or “free zone authorities.” Free trade zones have no taxes, lower customs duty rates, and no taxes on imports or exports.
Q: Is there any ban on Freezone visas?
A: Usually, employees are not banned from free zones. But if the employer asks for a ban, they may put one in place. It depends on why you were fired or your contract was not renewed. But if you quit your job, no rules say you can’t work in free zones.
Q: Who can set up a business in Dubai Airport Freezone?
A: Dubai Airport Freezone is open to all types of businesses, including trading, service, and industrial companies, as well as logistics and IT companies.
Conclusion
The Dubai Airport Freezone (DAFZA) is a leading free zone in the UAE, offering numerous benefits to businesses looking to set up in the region. Its strategic location next to Dubai International Airport, range of services and facilities, and business-friendly environment make it an ideal choice for businesses looking to expand their reach to other parts of the world. With its tax exemptions, 100% foreign ownership, and no restrictions on capital repatriation, DAFZA is a great choice for businesses looking to set up in the region.
