With regards to investing in Dubai, the Dubai Airport Freezone (DAFZ) is an attractive location for entrepreneurs and businesses looking to take advantage of its strategic proximity, tax advantages, and world-class infrastructure. However, before proceeding with company formation in Dubai airport free zone, there are several key factors to consider ensuring your business thrives in this competitive environment.
Selecting the appropriate business activity:
The first thing to consider is selecting the appropriate business activity for your company. DAFZ offers a variety of licenses, including those for trading, service, industrial, and e-commerce businesses. Each license type has its own set of regulations and requirements, so it’s essential to ensure your chosen business activity aligns with the available licenses in DAFZ. This will also affect the type of facilities and office space you’ll need.
Understanding the costs involved:
The cost of setting up a business in DAFZ can vary depending on several factors, such as the type of license, office space requirements, and additional services you may need. These costs include licensing fees, registration charges, office or warehouse space rental, and visa fees. It’s important to have a clear understanding of these expenses before moving forward with company formation in Dubai Airport Free Zone.
Company ownership and structure:
DAFZ allows 100% foreign ownership, making it an attractive option for international entrepreneurs. However, the legal structure of your business needs careful consideration. You can choose from a range of structures, including a limited liability company (LLC), branch office, or subsidiary. Each structure has its own implications for liability, governance, and business operations, so choosing the right one is important for your success.
Visa and employee sponsorship:
When forming a company in DAFZ, you’ll need to consider the visa requirements for yourself and your employees. The number of visas you can sponsor depends on the size of your office space, and you’ll need to provide documentation related to your business activities and personal residency status. It’s important to factor in the costs and requirements for employee visas and sponsorship when planning your company formation.
Office space and facilities:
DAFZ offers various types of office spaces, from flexible desk options to fully serviced office suites. Your choice of office space will depend on the size and scale of your business. Along with office space, you may also need to consider additional facilities like warehouses or storage spaces, depending on the nature of your business activities. Carefully assess your needs to avoid overpaying for unnecessary space.
