Dubai Airport Free Zone
Established in 1996, DAFZA came into being as a part of Dubai the government’s strategic plan to be an investment-driven economy and today, it is one of the fastest-growing free zones in the region, contributing 4.7 per cent of Dubai's GDP ( gross domestic product ). Located adjacent to Dubai International Airport in the free-zone area of Dubai, UAE, DAFZA allows international investors a complete tax-free business setup and execution of services, along with complete foreign ownership and no currency restrictions. Spanning over an area of 696,000 square meters, the DAFZA facility includes 13 buildings and 256 warehouses. Currently, DAFZA houses 1,600 companies from across the globe with sectors including; electronic and electrical, IT and telecommunications, pharmaceutical and cosmetics, engineering and building materials, aerospace and aviation, logistics and freight, food and beverage, jewellery, precious stones and luxury items.