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Welcome to Dubai Airport Freezone The centre of international trade in Dubai. Document Title. Sub Heading 24 th March 2009. Presentation outline. Document Title. Why Dubai Why the Dubai Airport Free Zone Advantages of setting up at Dubai Airport Freezone Facilities & Services
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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