What is the meaning of Dafza?

What is the meaning of Dafza?

Definition. DAFZA. Dubai Airport Free Zone Authority.

What is Dubai free zone?

Essentially, free zones or free trade zones in Dubai are business zones where companies operating in them are exempt from all types taxation such as Value Added Tax (VAT), Income Tax, Corporate Tax and Customs. Business owners in the free zone areas in Dubai have 100% ownership of the business.

When was Dafza established?

1996
Dubai Airport Freezone Authority (“DAFZA”) was established in 1996 and is a business hub located at the heart of global trade. Benefiting from direct access to Dubai International Airport, DAFZA offers the ideal gateway to the Middle East and unrivalled connectivity to Europe, the Indian Subcontinent and the Far East.

How many Freezones are there in Dubai?

There are more than 30 Free Zones operating in Dubai. FTZs in Dubai and the UAE are governed pursuant to a special framework of rules and regulations. A Free Zone Authority offers business licenses to foreign-owned businesses.

Which area is Dafza?

It is located on Al Nahda Street between Al Qusais and Al Twar. It is approximately 1/2 mile from the entrance of the eponymous Dubai Airport Free Zone (DAFZA)….Dubai Airport Free Zone (Dubai Metro)

DAFZA المنطقة الحرة بمطار دبي
View of the station
General information
Location Al Nahda Street Al Qusais 1, Deira, Dubai United Arab Emirates

How many free zones are there in Dubai?

What is the difference between LLC and FZE?

LLCs can trade directly with the local market, any free zone, or outside UAE without any restrictions. This applies to all commercial and professional licenses. A freezone license can be incorporated with or without a physical office.

Which is the cheapest Free Zone in UAE?

Top 5 Cheapest free zones in the UAE

  1. Sharjah Research Technology and Innovation Park (SRTIP)
  2. Ajman Media City (AMC)
  3. Sharjah Media City free zone (SHAMS)
  4. Ras Al Khaimah free zone(RAKEZ)
  5. International Free Zone Authority (IFZA), Dubai.

How do I choose the right Free Zone?

You should take into account both the location, infrastructure within a Free Zone and the availability of chosen facilities as it not in all Free Zones such specific facilities as warehouses or retails shops are available.