Dubai Airport Free Zone

Dubai Airport Free Zone (DAFZA) has an efficient establishment process of the company offering some incentives to the businesses interested in settling in Dubai. DAFZA offers a full ecosystem of the business; one of the missions of DAFZA is to assist companies in their development and growth at the local, regional, and global markets; it is a fast and efficient procedure to establish a business in DAFZA, which is why it is a good choice of firms that decide to establish their presence in the UAE.

The following is an overview of the DAFZA company formation procedure and advantages of taking up the services of the Alpha Equity MC consultancy:

Company Types and Licenses

DAFZA allows for different types of company formations: Free Zone Establishment (FZE): Suitable for a single shareholder Free Zone Company (FZC): Allows for multiple shareholders (up to 50) Branch of a Foreign Company: For foreign companies looking to establish a presence in the UAE

Licenses available include:

Commercial Trading/General
Trading
Service
Industrial
E-commerce

Setup Process

The company formation process in DAFZA typically takes 2-4 weeks and involves the following steps: 1.Select Company Type and License: Select the suitable and appropriate company structure and license based on your business activities 2.Submit Documents: Organize and submit required documents, including: Application form Business plan, where applicable Passport copies of shareholders Bank reference letter Personal bank statements

Set Payments: send registration and processing payments and wait until the authorization.

License and Registration Documents: Once the approval has been done, you will be able to receive:

Incorporation Certificate

Business license

Articles of Association and

Memorandum

Share certificate

Lease Agreement

Get visas: Submit residence visas for you, dependants and workers

Open Bank Account: Apply to a UAE bank to open a corporate account

Costs and Requirements

The starting fee of licensing business is AED 15,020
The cheapest installation is the Standard Office package which is priced at AED 84,630 in which the installation consists of a 27 sq.m. office and three visa quotas
Min./ nom. share capital FZE/FZC: AED 1,000 (1 share of AED 1,000)
DAFZA needs to file annual audit report

Benefits of DAFZA

Foreign ownership of 100 percent
0 percent personal income tax
Corporate tax regime 0 to 100 percent is possible
There are no currency repatriation restrictions
Strategic Connectivity and connection with Dubai Airport Terminals
Excellent location near the Dubai International airport
Operations were done 24/7.
Off the shelf logistics warehouses

Additional Services

At DAFZA, there exist different support services that can help to conduct business:

processing of Visa and work permit
Facility management and renting of offices
ICT services
Government services by a special Centre

Alpha Equity MC Company Setup Process and guidance

Initial Consultation:We consultancy services on business set up, and negotiate with you on the purpose of your business and activities you want to involve in, and what kind of company you want in the form of legal entity.
License Selection:Select the best kind of license depending on activities you intend to conduct.The normal options are Trading, Commercial, Industrial, Service and e-Commerce licenses
Company Formation: DPS and documents required during the process of DAFZA company registration such as trade name approval, shareholder details, a Memorandum of Association

Document Submission:Prepare and submit required documents, which may include:

- DAFZA application form
- Letter of Intent
- Company brochure or profile (if available)
- Annual financial report (if available)
- Managers’ bio and CV
- Shareholders’ passport copies and CVs
- Original bank reference letters for shareholders

Office Selection and Visa Processing: Selecting adequate business amenities, as well as visa requirements to their workers and relatives

Benefits of Using an Alpha Equity MC Consultancy Service

There are a number of advantages in engaging a business setup consultancy when undertaking the formation of your company at DAFZA:

Experience: Alpha Equity MC Consultants are well experienced in the laws, regulations and DAFZA particular needs of the UAE

Time saving: The Alpha Equity MC team will be doing all the legal documents and formalities and this saves time

Tailored Preparations: Alpha Equity MC Consultants will enable you to select the best business structure that suits your business requirements and the type of license.

Cost-effective: Alpha Equity MC will be able to educate you on the most economical alternatives and tell you about the special deals you have or offers

Comprehensive Services: Our consultants provide a full package that comprises of company registration, visa application and drafting of documents

Ongoing Support:Our consultants also assist in other administrative functions even after initial set up is realized.

Tax Advisory: Our consultants will offer competent consultancy services which include timely services on in-VAT registration and company tax registration, and thereafter filing of returns

When coupled with the services of a business setup consultancy firm of Alpha Equity MC, you can get the benefit of a hassle-free company formation process in DAFZA and in this manner, you can concentrate on expanding your business in this competitive destination.