Free Zones in the UAE - PKF International

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TP is focused on Research, Development and Studies in the field of the country’s core economic sectors viz Energy including Oil and Gas, Desalination and Water Resource Management, Environmental Resource Management and hi- technology driven knowledge based industrial development. The Park’s R & D initiatives focus on nurturing business ideas or new technologies in respective areas and are also directed at improving the existing technologies in the country’s core economic sectors to enhance their production efficiencies. TechnoPark is the official UAE and Middle Eastern representative of the IASP (International Association of Science Parks) and a member of the IDA (International Desalination Association). TechnoPark joins inventors with investors and encourages new ideas to be developed to further increase the awareness and commitment of the UAE in areas such as Oil, Solar Energy and Water reuse. TP actually followed the local rules and regulations of the Emirate of Dubai and is consequently involved with and related to various concerned authorities and departments through a one stop shop (OSS) concept. However, TP also allows branches of Free Zone Establishment (FZE) or Free Zone Companies (FZCO) to be established in the park, thus the branch of the FZE or FZCO can enjoy the benefits of being a 100% foreign owned company. Features • 100% foreign ownership. • The freedom to repatriate both capital and profits. • Abundant inexpensive energy supply. • Efficient transport and distribution facilities. • One Stop Services. • TP is different from other Free Zones as it provides the best of both worlds ie TP is a local economic zone with additional privileges similar to those of the Free Zones. Forms of registration • Limited Liability Company (commercial/ industrial) • Branch of a Free Zone Establishment (FZE) • Branch of a Free Zone Company (FZCO) • Branch of a local and Foreign Company 26 PKF - Free Zones in the UAE - Free Zones in Dubai
Facility costs and type of license Facility Size Cost in AED per annum Office Varies Varies Warehouse Varies Varies Land Min. 10,000 sq.mts 25 - 80 per sq.mt DWC LLC Registration Fee one time AED 10,000 Type of License Cost in AED per annum Trading 5,500 Service 5,500 Industrial 5,500 • These figures are indicative and subject to change DUBAI INTERNET CITY (DIC) - Tecom The Dubai Internet City (DIC) is a part of the Dubai Technology and Media Free Zone. It was formed under Law No. 1 of 2000 of the Emirate of Dubai. The DIC provides a knowledge-economy ecosystem that is designed to support the development of Information and Communications Technology (ICT) companies. It is the Middle East’s biggest IT infrastructure built inside a Free Trade Zone. The DIC is fully supported by the Government of Dubai and has established Free Zone specific corporate laws that empower the companies in the community and help them grow. Within a short span of time many global ICT companies have established themselves in the Dubai Internet City. The Dubai Internet City is a strategic base for companies targeting emerging markets in a vast region extending from the Middle East to the Indian subcontinent and Africa to the CIS countries, covering 1.6 billion people. Features • State-of-the-art technology. • World class technical infrastructure (high bandwidth, low telecom cost, high speed PKF - Free Zones in the UAE - Free Zones in Dubai 27
Page 1 and 2: Accountants & business advisers Fre
Page 3 and 4: Free Zones in the United Arab Emira
Page 5 and 6: Contents Preface 1 PKF in the UAE 3
Page 7 and 8: Preface The globalisation of trade
Page 9 and 10: PKF in the UAE PKF UAE is a member
Page 11 and 12: JEBEL ALI FREE ZONE Lease Office Bu
Page 13 and 14: Introduction The United Arab Emirat
Page 15 and 16: Economy The UAE economy has been tr
Page 17 and 18: GDP (AED in billions) (Estd) 2005 2
Page 19 and 20: Jebel Ali Offshore The announcement
Page 21 and 22: Ras Al Khaimah Offshore Similar to
Page 23 and 24: Free Zones in the UAE The Free Trad
Page 25 and 26: Given hereunder are the various Fre
Page 27 and 28: FREE ZONES IN DUBAI PKF - Free Zone
Page 29 and 30: Types of Licenses Cost in AED per a
Page 31: • Worker accommodation ( as per a
Page 35 and 36: The DMC is fully supported by the G
Page 37 and 38: with excellent networking opportuni
Page 39 and 40: e considerably reduced, as they can
Page 41 and 42: Facility costs and type of licenses
Page 43 and 44: Form of registration As a branch of
Page 45 and 46: ENERGY AND ENVIRONMENT PARK (Enpark
Page 47 and 48: The park will be built in several p
Page 49 and 50: Facility costs and type of license
Page 53 and 54: Type of License Cost in AED per ann
Page 55 and 56: • Online customer service (e-Serv
Page 59 and 60: Office Min 50 sq.mts 2,300 per sq.m
Page 61 and 62: • Dealing with an individual clie
Page 63 and 64: community and relocating to new fac
Page 65 and 66: or custom designed facilities for d
Page 67 and 68: • Tap into the creative and innov
Page 69 and 70: FREE ZONES IN SHARJAH AND THE NORTH
Page 71 and 72: Land Min. 2500 sq.mts 50 - 100 per
Page 73 and 74: Features • Economical wage struct
Page 75 and 76: Flexi Desk Varies 15,000 Virtual Of
Page 77 and 78: Forms of registration • Branch (p
Page 79 and 80: The Al Hamra Development, located a
Page 81 and 82: including teleport facilities for u
Page 83 and 84:
FREE ZONES IN ABU DHABI PKF - Free
Page 85 and 86:
The creation of ADAFZ is driven by
Page 87 and 88:
comprehensive range of media discip
Page 89 and 90:
About PKF PKF International PKF Int
Page 91 and 92:
PKF International AFRICA Angola, Ca
Page 93 and 94:
PKF UAE Publications As part of the
Page 95 and 96:
ANNEXURE A Useful Contact Numbers P
Page 97 and 98:
ANNEXURE B List of UAE Tax Treaties
Page 99 and 100:
• The Government of The People’
Page 101 and 102:
Notes PKF - Free Zones in the UAE -
Page 103:
Although the greatest possible care
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Free Zones in the UAE - PKF International

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