As detailed on the free zone’s website, DAFZA company setup regulations are as follows:
“The laws applicable to Dubai Airport Free Zone are set out in Dubai Law No 25 of 2009 (Concerning Dubai International Airport Free Zone). These rules and regulations state that every business in Dubai must have a legitimate formation and be registered, have a minimum share capital, a name ending with FZE, details of ownership, and an owner’s declaration.
Also, it must have a registered office, a sign-name plate, business letters, shares, proof of share transfer, directors and a secretary in place. In addition, it should carry out directors’ meetings, have objects, a seal, contracts, sufficient accounting records, clear distribution channels and sufficient funds. We keep these rules and regulations in check to help you while registering a business in Dubai. Moreover, we will appoint an investigating power to monitor services. We also have the power to revoke the registration of any company.”
Understanding DAFZA Company Setup Costs
There are several components to the DAFZA company formation cost. The number of visas you require, the type of premises you need, your license type and many other factors will have a bearing on the total price.
For example, a service or industrial license is likely to cost in the region of AED 15,000 per year while a general trading license could cost in excess of AED 50,000 per year. On top of this, you will also be required to make a one-off registration payment in the region of AED 7,000.
For a more detailed breakdown of the costs, it’s best to talk to a company formation expert who can build a tailored quote for you.
Starting Your DAFZA Business
Wherever you choose to set up, getting the right guidance beforehand is key. That’s why it’s always advisable to undertake the steps with the assistance of a registered company formations agent to eliminate any potential hassles that might arise.
With more than 15 years of experience in company incorporation, Worldwide Formations can help you get your business up and running within a matter of weeks. We’ll manage the entire process on your behalf and correspond with all relevant authorities for you. All you need to do is wait for the green light to start doing business.
Source:https://worldwideformations.com/dafza-comapny-setup-explained/https://worldwideformations.com/dafza-comapny-setup-explained/