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Document Title Sub Heading 24 th March 2009 Welcome to Dubai Airport Freezone The centre of international trade in Dubai.

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Presentation on theme: "Document Title Sub Heading 24 th March 2009 Welcome to Dubai Airport Freezone The centre of international trade in Dubai."— Presentation transcript:

1 Document Title Sub Heading 24 th March 2009 Welcome to Dubai Airport Freezone The centre of international trade in Dubai

2 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 Presentation outline

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4 A strategic location Dubai International Airport: 120 airlines to over 210 destinations, million passengers in 2007, 40 million passengers in 2008, 100,000 passengers a day

5 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

6 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

7 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

8 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 m 2 office space Lists over 1,400 companies with more than 10,000 tenant employees

9 100% 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

10 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

11 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

12 Facilities: Office Space Equipped with carpeting, wallpaper, false ceiling and window shades Minimum space of 50m 2 required to obtain a license 4 employee visas with every 50m 2 Warehouses & Light Industrial Units (LIUs) Light Industrial Units (LIU) are 350m 2 in area Offices on ground and mezzanine floors Conveniently located close to the apron Thermally insulated Office Units

13 Licensing & Registration (FZE, FZCO & Branch) Online transactions processing for all services (Tasheel) Employee Visa Sponsorship Dubai Airport Freezone services

14 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 Additional services & facilities

15 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 Continual improvement through customer focus

16 Investments in Dubai Airport Freezone by region

17 Investments in Dubai Airport Freezone by industries 4%

18 Investments at Dubai Airport Freezone from Italy

19 Top 10 Products Imported from Italy to UAE RANKPRODUCT VALUE (AED) ($1 – 3.67 AED) 1 Machinery, Electrical & Electronics Equipment6,560,923,766 2 Precious/Semi-Precious Stones & Metals2,916,040,773 3 Vehicles, Aircraft, Vessels & Transport Equip.1,241,561,198 4 Textiles & Textile Articles1,072,623,227 5 Stone, Plaster, Cement, Asbestos, Mica, Ceramic Products, Glass & Glassware 593,860,057

20 Top 10 Products Imported from Italy to UAE RANKPRODUCT VALUE (AED) ($1 – 3.67 AED) 6 Optical, Medical, Measuring & Musical Instruments Apparatus 593,481,082 7 Plastics & Rubber Products495,540,992 8 Raw Hides, Skins, Leather & Fur445,614,028 9 Mineral Products 317,843, Prepared Foodstuff286,207,709

21 A few of our valued partners

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24 Document Title Awards Best Airport Free Zone in foreign Direct Investment (FDI) magazine's 'Middle East Special Economic Zone of the Future' awards for 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

25 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

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