Business Setup In DAFZA Free Zone
DAFZA Business License Types
When you start a business in the DAFZA Free Zone, you’ll have the choice between one of several license types. These are:
Trade License
A Trade License allows businesses to engage in trading activities such as buying, selling, and distributing goods within DAFZA. Whether you're dealing in electronics, textiles, or other goods, this license enables smooth operations for trading ventures.
Service License
If your business primarily offers services rather than physical goods, a Service License is the way to go. This license permits service-based enterprises like consultancy firms, IT services providers, and advertising agencies to operate within DAFZA.
Industrial License
Businesses involved in manufacturing, processing, or assembling goods require an Industrial License. Whether you're producing electronics, textiles, or food products, this license facilitates establishing and operating industrial ventures within DAFZA.
General Trading License
This license allows companies to engage in multiple trading activities under a single license, making it suitable for enterprises with broad trading interests.
Required Documents and the Steps to Obtain Your Business License in the DAFZA Free Zone
Securing your business license in DAFZA is designed to be a simple, stress-free process. Here are the steps you’ll need to take and the essential documents you’ll want to have available when you apply:
For Individual Shareholders:
- Application Form
- Passport Copies of Directors, Shareholders, and Managers
- NOC from Sponsors
- 6 Month’s Personal Bank Statement
- CV
For Corporate Shareholders:
- Application Form
- Copies of Passports for Shareholders
- CV or Company Brochure
- Audited Financial Report
- Attested Certificate of Incorporation
- MOA
- Shareholders Resolution
- Choose Your Business Name
- Pick Your Business Location
- Submit Application with Required Documents
- Pay Any Remaining Fees
- Collect Business License
Business Entities in the DAFZA Free Zone
The DAFZA Free Zone offers a wide range of business activities to choose from, including:
Education
Educational services such as tutoring, language training, or e-learning platforms.
Banking/Finance
Financial services such as banking, investment management, or insurance brokerage within DAFZA.
Insurance
Insurance services, including life, health, property, and business insurance for individuals and businesses.
Electronics and Electrical
Manufacturing, distribution, or retailing of electronic devices, components, and electrical equipment.
Railways
Engaging in railway-related businesses such as infrastructure development, equipment manufacturing, or logistics services.
Aerospace
Businesses involved in aircraft manufacturing, maintenance, repair, and aerospace engineering services.
Architecture
Architectural design, planning, and consultancy services for residential, commercial, and infrastructure projects.
Restaurants
Restaurants, cafes, or food outlets catering to diverse cuisines and culinary preferences.
Jewelers
Retailing and trading in jewelry, gemstones, precious metals, and luxury accessories.
Travel Agency
Travel and tourism-related services, including ticketing, accommodation booking, and tour packages.
Legal Entities Permitted in DAFZA
1. Free Zone Establishment (FZE)
An FZE is a limited liability company registered within DAFZA with a single shareholder. This structure gives the shareholders full ownership control and allows them to operate independently within the free zone.
2. Branch Office of an Existing Company
Existing companies can establish a branch office in DAFZA to expand their operations into the Free Zone. The branch office operates as an extension of the parent company and is subject to the same ownership and management structure.
Experience
MSZ Consultancy Can Help You Start Your Business in the DAFZA Free Zone
With years of experience assisting entrepreneurs throughout the UAE, MSZ Consultancy is uniquely positioned to help you with all your business setup needs. We assist with company formation, asset protection, visa applications, and much more. It doesn’t matter whether you’re a new investor or part of an established company; our consultant experts have the know-how to help you streamline your day-to-day tasks and get ahead in the business world.
There’s never been a better time to start your business in the DAFZA Free Zone. Contact MSZ Consultancy today at +971 50 487 2208 and let us take your business to new heights.
Frequently Asked Questions (FAQs)
In most cases, you can expect the cost of company formation to be around AED 15,000, depending on the size of your business and the office spaces you choose. Generally, costs include registration fees, license fees, and office space rent.
The timeframe for setting up a company in DAFZA typically ranges from 2 to 4 weeks, subject to the completion of all necessary documentation, approvals, and payment of fees. Factors such as the complexity of your business structure and any additional approvals required can influence the setup duration.
Yes, companies registered in DAFZA have the flexibility to operate 24 hours a day, seven days a week.