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Dubai Airport Free Zone
Established in 1996, and located entirely within the boundary
of Dubai International Airport, Dubai Airport Free Zone
(DAFZ) is wholly owned by the Dubai government. The first
phase was completed in January 1999 and included two four-story
buildings totaling 9,500 square metres, 24 warehouse units,
each of 353 square metres and 207,000 square metres of
undeveloped land for companies to build their own structures.
The
free zone provides foreign investors with all the facilities
and services required to operate their business in Dubai
and is especially attractive to investors needing fast
turnaround of air freighted goods. DAFZ companies have100
per cent foreign ownership and tax exemptions, in addition
to other incentives. Customs examination takes place in
company premises and airfreight clearance is in 8 –
24 hours.
DAFZ
specialises in companies who deal with high value and
low volume products and these include such internationally
known corporations as Boeing, Chanel, Estee Lauder, Fedex,
Logistics, Johnson & Johnson, Matsushita Avionics,
Porsche, Ricoh, Samsonite and Tag Heuer.
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