Dubai: Dubai Airport Freezone (DAFZA) has launched a tranche of new set up options for companies registering in the Freezone to facilitate business operations and meet tenants’ needs.
Starting with immediate effect, the Freezone will offer companies two types of registrations, a branch or an FZE. The former is for companies who wish to operate as a branch of their mother companies overseas and the latter is for companies wishing to register in the Freezone as a separate entity from the mother company.
In order to support SMEs and foreign investors, DAFZA has reduced the minimum capital required for each shareholder from a million dirhams to Dh 1,000 per shareholder. The SME set-up allows for sole proprietorship or up to 50 shareholders, the Freezone said today.
DAFZA also added to its list of products a range of new office options for people to run their businesses hassle-free. The first option provides investors with a furnished 50 square meter workspace, with four workstations, a meeting room and rent starting at Dh12,000 per month. Investors can also choose a smaller space to set up branches of their companies with monthly rent starting at Dh4,000 per month. Both offices include the IT and office supplies necessary to make the process of setting up a new business as easy as possible.
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DAFZA also added to its list of products a range of new office options for people to run their businesses hassle-free. The first option provides investors with a furnished 50 square meter workspace, with four workstations, a meeting room and rent starting at Dh12,000 per month. Investors can also choose a smaller space to set up branches of their companies with monthly rent starting at Dh4,000 per month. Both offices include the IT and office supplies necessary to make the process of setting up a new business as easy as possible.
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