One way used by the authorities to create a first class business environment throughout the UAE is to involve international businesses. This was done through the establishment of different free zones that allowed foreign companies to take the opportunities that were up for grabs.
Dubai Airport Free zone, just like all other free zones of Dubai, was established in order to promote the growth of business and economy in Dubai. The free zone was established in order to attract investments from local as well as foreign investors and international companies. The free zone is said to provide businessmen and investors with an environment where they can business tasks freely and business activities can be performed without too many restrictions.
The Dubai Airport Free zone has been able to achieve its objectives by attracting some of the most famous companies from around the world. Over 1600 companies from different industries are operating within the premises of the Dubai Airport Free zone.
Free zones in the UAE were established with a view to provide incentives to businesses which were not being provided in other countries. This would eventually have made UAE, particularly Dubai, the center of attention for the business community around the world and it did.
Dubai is home to thousands of businesses which have been able to grab the opportunities in the market. This means that there are millions of visitors that land on the Dubai Airport strip and all these visitors, mainly from the business community, are always looking for investment and growth opportunities. The airport free zone allows them to be close to these opportunities since it is not a building or two but a whole free zone with thousands of Airport free zone companies waiting for these passengers and visitors to show their interest in the products and services being offered.
Proximity to millions of potential customers every year provides a whole market that the products and services can be offered too if you are operating your business in the Dubai Airport Free Zone.
The relevant authorities of Dubai have not only provided DAFZA as a physical platform for growth of business but has also arranged for it through policies and regulations that are being implemented in the zone.
Here are some of the advantages of having a business setup in Dubai Airport Free Zone.
Free zone business setup in Dubai can be owned by a single person as well as a number of partners with a cap on 50 partners.
Representative branches of a foreign business can be opened up in the Dubai airport free zone.
It allows you to get involved in a number of business activities like storing, selling, distributing and activities related to exports and imports. The trade license is renewed annually for a fee of AED 15,000.
When it comes to fees and charges, Service license is not any different to a trade license; however, a service license allows a company to provide specialized services to its clients.
As suggested by the name, an industrial license allows a firm to indulge in industrial and manufacturing activities.
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