Free Zones in the UAE - PKF International
Free Zones in the UAE - PKF International
Free Zones in the UAE - PKF International
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support <strong>in</strong>frastructure etc) built by CISCO, SUNMICROSYSTEM, SIEMENS.<br />
• State-of-<strong>the</strong>-art urban <strong>in</strong>frastructure (cost competitive, flexible office space, etc).<br />
• Largest commercial <strong>in</strong>ternet protocol telephony system <strong>in</strong> <strong>the</strong> world.<br />
• Str<strong>in</strong>gent cyber regulations.<br />
• Rich network that companies can tap for resources, partnerships and ideas.<br />
• Easy and fast company registration and licens<strong>in</strong>g procedures.<br />
• Lease up to 20 years.<br />
• Type of company activities <strong>in</strong>clude Software Development, Bus<strong>in</strong>ess Services, Web<br />
Based and e-Commerce, Consultancy, Education and Tra<strong>in</strong><strong>in</strong>g, Sales and Market<strong>in</strong>g<br />
and Back Office Operations, etc.<br />
Form of registration<br />
• As a branch of a foreign company -no m<strong>in</strong>imum capital required<br />
• As a branch of a <strong>UAE</strong> company-no m<strong>in</strong>imum capital required.<br />
• As a <strong>Free</strong> Zone Limited Liability Company (FZ-LLC) - M<strong>in</strong>imum share capital is<br />
AED 50,000 and <strong>the</strong> maximum depends on <strong>the</strong> authorities after review of <strong>the</strong> bus<strong>in</strong>ess plan.<br />
Facility costs and type of license<br />
Facility Size Cost <strong>in</strong> AED per annum<br />
Office M<strong>in</strong>. 700 sq.ft 180 per sq.ft<br />
Registration Fee one time (FZ-LLC) AED 3,500<br />
Registration Fee one time (Branch) AED 3,500<br />
Type of License Cost <strong>in</strong> AED per annum<br />
Service 15,000<br />
• These figures are <strong>in</strong>dicative and subject to change.<br />
DUBAI MEDIA CITY (DMC) - Tecom<br />
The Dubai Media City (DMC) is a part of <strong>the</strong> Dubai Technology and Media <strong>Free</strong> Zone. It<br />
was formed under Law No. 1 of 2000 of <strong>the</strong> Emirates of Dubai. The Dubai Media City is<br />
rapidly emerg<strong>in</strong>g as a global media hub. The City provides an advanced <strong>in</strong>frastructure<br />
and supportive environment for media-related bus<strong>in</strong>esses to operate globally out of Dubai.<br />
28 <strong>PKF</strong> - <strong>Free</strong> <strong>Zones</strong> <strong>in</strong> <strong>the</strong> <strong>UAE</strong> - <strong>Free</strong> <strong>Zones</strong> <strong>in</strong> Dubai