Dubai Airport Free Zone was established in 1996 as a part of the Dubai Government’s strategic scheme to create an investment driven economy in Dubai. It is now the fastest growing free zone in the Middle East.
Dubai Airport Free Zone is now home to about 1,600 companies that cover a vast section of industries including aviation, freight & logistics, IT & telecommunications, pharmaceuticals, engineering, food & beverage, jewelry and cosmetics etc. Some of the world’s most celebrated brands have established their Middle Eastern centre in the Dubai Airport Free Zone.
The convenient location is one of the main advantages of this free zone. It is located near the Dubai International Airport giving it unparalleled access to 24 hrs. logistic services, international amenities and infrastructure. It also provides easy access to a number of government services like immigration, customs and Chamber of Commerce.
Tax and investment incentives of the Dubai Airport Free Zone are excellent and the benefits of it are reaped by the world class investors. 100% tax exemption and 100% foreign ownership are the main attractions of the free zone. It has the one stop shop for all administrative services. The highly appointed infrastructure is designed meeting with the requirements of the client.
Dubai Airport Free Zone offers the best facilities to the clients thereby assisting in their commercial progress. The free zone had an inspiring 73% growth in the volume of trade in 2012. It is ranked as the number one free zone in the world by the Foreign Direct Investment Magazine in the year 2012-2013.
From the period of its establishment till now the growth of the Dubai Airport Free zone has been tremendous. It has contributed greatly to the GDP of Dubai with about 2.27% and AED 52 billion in the total volume of trade from its period of establishment.
The main focus of the free zone is the premium International Companies who wish to build a base in the Middle East that will drive revenue to the UAE. The companies from USA, Europe and Asia are coming in large numbers to set up the regional headquarters.