What is Dubai Airport Free Zone

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Document Title Sub Heading 24 th March 2009 Welcome to Dubai Airport Freezone The center of international trade

description

Presentación de la zona franca "Dubai Airport Free Zone -DAFZA-, la zona franca más importante de Emiratos Árabes Unidos, que abre las puertas a todo el mercado de MENA (Norte de África y Emiratos Árabes)

Transcript of What is Dubai Airport Free Zone

Page 1: 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

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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

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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?

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Global and regional gateway

The Dubai International Airport serves more than 145 airlines flying to over 260 destinations across six continents

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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

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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

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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

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Document TitleSub Heading24th March 2009

Dubai Airport FreezoneA global gateway to successful investment

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Dubai Airport Freezone

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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

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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%)

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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%)

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Top 10 countries investing in Dubai Airport Freezone

United Arab

Emirates

United KingdomUnited States

Ger-many

India

FranceJapan

Switzer-land

Singapore

Italy

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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%

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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

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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

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• 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

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Facilities - Office Units

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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

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Facilities - LIUs

Facilities – Warehouses

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Facilities – warehouses

• Thermally insulated

• Offices on ground and mezzanine floors

• Minimum leased area is 340 sq.m

• 20 visas

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Our Services

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Dubai Airport Freezone services

• Licensing & Registration • Online transactions processing for all services

• Employee Sponsorship

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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

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Setting up at Dubai Airport Freezone

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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

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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

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Executive office package – 25 sqm and 50 sqm all inclusive

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Our valued clients

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Food & Beverage

Logistics & Freight

Some of our valued clients

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Aerospace & Aviation

IT & Telecommunications& Electronics

Some of our valued clients

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Engines, Machines & Automobiles

Engineering & Building Materials

Some of our valued clients

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Cosmetics, Perfumes & Luxury Items

Jewelry, Watches & Precious Stones

Some of our valued clients

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Pharmaceuticals and Medical

Oil & Gas

Some of our valued clients

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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

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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

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