
Welcome to Dubai Airport Freezone The centre of international trade in Dubai Document Title Sub Heading 24th March 2009
Presentation outline Document Title • Why Dubai • Why the Dubai Airport Free Zone • Advantages of setting up at Dubai Airport Freezone • Facilities & Services • Continual improvement & Customer focus • Awards • Future expansion • Trade value between UAE and Italy
A strategic location • Dubai International Airport:120 airlines to over 210 destinations, • 34.34 million passengers in 2007, 40 million passengers in 2008, • 100,000 passengers a day
Why Dubai - Economy • Non-oil industries contribute to 90% of GDP • Stable currency, pegged to USD • State-of-the-art telecommunications facilities • Internationally certified free zones • Sophisticated financial and services sector • Top international exhibition and conference venues • Reliable power and utilities • At the crossroads of the Middle East, Africa and South Asia
Why Dubai - A favorable business environment • Access to a regional population of 1.8 billion • Third most important re-export center in the world • Access to low-cost regional talent • Competitive energy costs • Continuous political stability since its inception in 1971 • A work force from over 185 nationalities, making up 75% of total population
Why Dubai - A cosmopolitan World class lifestyle • High quality office and residential accommodation • World-class educational facilities and institutions • Excellent facilities for healthcare, leisure, sports and shopping • Progressive, tolerant, secular and multicultural society • Safe, secure and virtually crime-free living environment
Dubai Airport Freezone - A snapshot • Est. in 1996, wholly owned by the Government of Dubai • The only Airport Free Zone in Dubai • Operates 132,000 m2 office space • Lists over 1,400 companies with more than 10,000 tenant employees
Advantages of setting up at Dubai Airport Freezone • 100% corporate tax exemption • 100% import and export tax exemption • 100% personal income tax exemption • 100% foreign company ownership • 100% repatriation of capital and profits • No currency restrictions
Advantages of setting up at Dubai Airport Freezone • Strategically located in Dubai within the boundaries of Dubai International Airport • State-of-the-art infrastructure and sophisticated facilities • Extensive cargo handling facilities • Easy access to facilities at Dubai International Airport • 24-hours customs services and rapid cargo clearance • Dedicated logistics center • One-stop-shop for all administrative services • Investor-oriented management Setting up a company at Dubai Airport Free Zone is very simple, quick and stress-free
Types of companies that can be established Free Zone Establishment (FZE) One shareholder with a minimum share capital of AED 1 million (USD 272,500) Free Zone Company (FZCO) 2 to 5 shareholders with a minimum share capital of AED 500,000 (USD 136,000) Branch Office Branch of an existing company, no share capital required
Facilities: Office Units • Office Space • Equipped with carpeting, wallpaper, false ceiling and window shades • Minimum space of 50m2 required to obtain a license • 4 employee visas with every 50m2 Warehouses & Light Industrial Units (LIU’s) • Light Industrial Units (LIU) are 350m2 in area • Offices on ground and mezzanine floors • Conveniently located close to the apron • Thermally insulated
Dubai Airport Freezone services • Licensing & Registration (FZE, FZCO & Branch) • Online transactions processing for all services (Tas’heel) • Employee Visa Sponsorship
Additional services & facilities • Government Services: Immigration, Customs, Chamber of commerce • Post, Telecom & Banking facilities • Food court with a wide range of restaurants and cafes • Business centre, conference room, business lounge and lecture room • Travel Agent, Car Rental • Valet parking • Catering • 24-hour security, housekeeping and building maintenance
Continual improvement through customer focus Continual customer satisfaction survey programs to evaluate: • Procedures & services • Staff capabilities • Facilities & premises • On-line services • Other services offered at the Dubai Airport Free Zone
Investments in Dubai Airport Freezone by region
Investments in Dubai Airport Freezone by industries 4%
Investments at Dubai Airport Freezone from Italy
Awards Best Airport Free Zone in foreign Direct Investment (FDI) magazine's 'Middle East Special Economic Zone of the Future' awards for 2006-2007 MELA - Middle East Logistics Award 2006 & 2007 Arabia Corporate Social Responsibility Award 2008 The Sustainable Facility Management Initiative Award – Saudi Arabia Kingdom Expansion Award 2009 Document Title
The future In its quest for excellence, Dubai Airport Freezone plans on creating more value opportunities for its partners by: • Expanding space • Enhancing services • Improving the customer experience