What is Dubai Airport Free Zone
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Transcript of What is Dubai Airport Free Zone
Document TitleSub Heading24th March 2009
Welcome to Dubai Airport FreezoneThe center of international trade
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• Why Dubai? • Benefits of doing business with Dubai Airport Freezone• Facilities & Services• Setting up at Dubai Airport Freezone• Valued tenants• Certifications & Awards
Presentation outline
Why Dubai?
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On the map
Dubai, UAE
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“In the race for excellence, there is no finish line.”
His Highness Sheikh Mohammed bin Rashid Al Maktoum
This was Dubai in 1990
The same street in 2003
In 2013
Dubai Unparalleled Growth
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• One of the most dynamic and diverse cities in the world
• Dubai is forward thinking, cosmopolitan and advanced
destination
• Outstanding position on the trade map of the region. Situated at
a crossroads that provides access to 2.5 billion consumers
across Europe, Asia and the Middle East
• Liberal outlook and commitment to free trade
• Modern business infrastructure and high quality office and
residential accommodation
• World-class excellent facilities for education, healthcare, leisure,
sports and shopping
• Safe, secure and virtually crime-free living environment
• Well-established travel logistics
Why Dubai?
Global and regional gateway
The Dubai International Airport serves more than 145 airlines flying to over 260 destinations across six continents
Regional infrastructure projects
UAE
• Etihad railway project in UAE worth of $8billion – UAE’s first railway
system
• Expansion of Abu Dhabi Airport ($6.8billion) - under construction and
expected completion by 2014 – will also host a separate terminal for
Etihad Airways
• Al Maktoum International Airport in Dubai valued at $8billion.
• $0.76 billion road-development project in Abu Dhabi.
• Bluewaters Island (a mixed use development) worth $1.6billion, which
will host world’s largest ferris wheel Dubai Eye (260 meters) valued at
$0.3 billion.
• Louvre Abu Dhabi estimated construction cost is USD 655 million –
estimated completion 2015
UAE
• The Pointe, an $219 million, 136,000 square metre retail and
entertainment complex on Palm Jumeirah.
• Dubai Creek Harbour, an urban cultural and commercial district, designed
around a series of lagoons and green boulevards valued at $17.5billion
• Mohammad bin Rashid city will include 100 hotel facilites, an entertainment
centre developed with Universal Studios, the largest mall in the world, and a
park larger than London’s 350-acre Hyde Park.
• A complex of five theme parks valued at $2.7billion
Regional infrastructure projects
Regional infrastructure projects
GCC
• Rail projects worth $106billion undertaken and planned in the GCC
• Saudi Arabia announced spending of $155billion in education & health care
facilities.
• Qatar’s ongoing projects valued at $88.627billion with investments in:
New Doha International Airport $11billion
New Doha Port (Phase 1) $5billion
Qatar Railway Project $30billion
Kahramaa (Qatar Power & Water generation project) $19billion
Doha Festival City (shopping center & hotel) $1.65billion
Barwa City (residential, school, hospital) $1.35billion
Marina Mall
$0.275billion
Qatar World Trade Centre (conferences & exhibitions)
$0.143billion
Lusail City (residential, schools, golf course & resorts) $7.4billion
Musheireb (regeneration of historical downtown project) $5.5billion
Pearl Qatar $5billion
Document TitleSub Heading24th March 2009
Dubai Airport FreezoneA global gateway to successful investment
Dubai Airport Freezone
Dubai Airport Freezone A snapshot
• Established in 1996, wholly owned by the Government of Dubai
• 169,000 sqm office space – 13 office buildings in total
• 87,040 sqm warehouse space – 256 warehouses in total
• Lists over 1,600 companies with more than 12,000 tenant
employees
Investments in Dubai Airport Freezoneby region
38%
31%
17%
8%3%2%1%
GCC & Middle East (38%)
Europe (31%)
Asia (17%)
America (8%)
Offshore Islands (3%)
Africa (2%)
Australia (1%)
Investments in Dubai Airport Freezone from Far East
34%
24%
14%
13%
9%3%2%1% Japan (34%)
Singapore (24%)
Hong Kong (14%)
China (13%)
South Korea (9%)
Malaysia (3%)
Thailand (2%)
Taiwan (1%)
Top 10 countries investing in Dubai Airport Freezone
United Arab
Emirates
United KingdomUnited States
Ger-many
India
FranceJapan
Switzer-land
Singapore
Italy
4%
Investments in Dubai Airport Freezoneby Industries
Media (Motion Picture, Publication and AdvertisingPackaging and Printing Materials and Equipments
Home and Office AppliancesFinancial Services/Insurance
Luxury ItemsClothing, Textiles and Footwear
Automobiles and VehiclesPlastic, Chemicals and Petrochemical Products
Cosmetics and PerfumesJewellery,Watches and Precious Stones
TelecommunicationEngines and Machines
Consultancy and Business DevelopmentOil and Natural Gas Products and Services
Computers, Internet and IT SolutionsPharmaceutical, Nutritional and Medical Equipments
Food, Beverages and TobaccoLogistics and Freight
Aerospace, Aviation and related servicesEngineering and Building Materials
Electronics and Electrical
1%1%1%2%2%2%2%2%3%
4%4%4%5%5%
5%6%6%
8%10%
11%16%
Benefits of doing business with Dubai Airport Freezone
• 100% corporate tax exemption
• 100% personal income tax exemption
• 100% foreign company ownership
• 100% repatriation of capital and profits
• No customs duty
• No currency restrictions
• One-stop shop
• Business conducive environment
• No restriction on employment
Advantages of Dubai Airport Freezone
• Friendly business environment – high profile quality of business, easy access to facilities, workforce, infrastructure & transportation, technology & innovation
• 24-hours customs services and rapid
cargo clearance
• Dedicated logistics center
• One-stop-shop for all administrative services
• Investor-oriented management
• Strategically located in the heart of Dubai within the boundaries of Dubai International Airport
• Extensive cargo handling facilities
• Easy access to facilities at Dubai
International Airport
Unique advantages of Dubai Airport Freezone
Facilities - Office Units
Facilities - office units
• Minimum space of 25 sqm required to obtain a license
• Offices equipped with carpeting, wall paper, false ceiling, and window shades
• 2 employee visas
Facilities - LIUs
Facilities – Warehouses
Facilities – warehouses
• Thermally insulated
• Offices on ground and mezzanine floors
• Minimum leased area is 340 sq.m
• 20 visas
Our Services
Dubai Airport Freezone services
• Licensing & Registration • Online transactions processing for all services
• Employee Sponsorship
Additional Services and Facilities • Government Services: Immigration, Customs, Chamber of commerce• Post, Telecom & Banking facilities• Food court • Business center, conference room, business lounge and
lecture room• Medical clinic• Travel Agent, Car Rental• Catering• 24-hour security, housekeeping and building maintenance
Setting up at Dubai Airport Freezone
Types of Licenses
Trading LicenseAllows the holder to import, export, distribute and store items specified on the license
Service License Allows the holder to carry out services specified in the license
Industrial License Allows the holder to carry out light industrial activities , packaging and assembling
Branch Free Zone Establishment(FZE)
• Representative office
• A foreign company can set up a
branch of its existing company
in DAFZ
• No share capital required
• A company established in the free zone
• Formed with 1-50 shareholders (individual
or non-individual)
• A minimum share capital of AED 1,000
(USD 272) is required
Types of companies
Executive office package – 25 sqm and 50 sqm all inclusive
Our valued clients
Food & Beverage
Logistics & Freight
Some of our valued clients
Aerospace & Aviation
IT & Telecommunications& Electronics
Some of our valued clients
Engines, Machines & Automobiles
Engineering & Building Materials
Some of our valued clients
Cosmetics, Perfumes & Luxury Items
Jewelry, Watches & Precious Stones
Some of our valued clients
Pharmaceuticals and Medical
Oil & Gas
Some of our valued clients
Ranked Top Free Zone in the world by the Financial Times’ fDi Magazine, Global Free Zones of the Future Rankings and Awards 2012/13
In addition to the top overall positions, Dubai Airport Freezone awarded Top Airport – 1st Overall
Top Free Zone Globally
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Richard Goodman Strategic Planning Award, Association of Strategic Planning, USA 2011
Dubai Human Development Award 2010 by Dubai Department of Economic Development
Dubai Quality Appreciation Program Award 2010 in the service category
Our Awards
In its quest for excellence, Dubai Airport Freezone plans on creating more value opportunities for itspartners by:
• Expanding space (new Business Center including business lounge, food court, conference facilities and office space)
• Enhancing services• Improving the customer experience
The Future