Free Zones in the UAE - PKF International

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PKF - Free Zones in the UAE - Contents
Preface The globalisation of trade and foreign investment over the past decade, as expressed in the World Trade Organisation (WTO), has significantly exposed economies to competitive pressures of the global economy. New global trading rules under the WTO present both steep challenges and fresh new opportunities to national economies. In this respect, trade integration will become a key policy objective if a country is to succeed in increasing the volume of trade and economic development. In pursuing this objective, there are a variety of trade instruments that countries in recent years have begun to develop – the most common of which are Free Trade Zones. Although the general concept of a Free Trade Zone is uniform in nature, one encounters a number of different types of Free Trade Zones in different countries. They vary according to national characteristics and the goals set for them by national governments. Free Trade Zone is not a new concept. It is at least as old as western civilisations, having existed in 300 BC in the Greek island of Delos, which as a result became one of the wealthiest islands in the world for nearly a century. It is estimated that there are now well over 1000 Free Zones operating in about 120 countries. The reason for this remarkable growth is that Free Trade Zones have been an extraordinary mechanism for fostering export-led industrialisation worldwide. They promote economic development by attracting investment and generating employment and foreign exchange earnings. Indeed, the zone concept is so powerful, that more and more countries are recognising a new paradigm of Free Zones. While the old Free Zone was often described as static, labour-intensive, incentive driven, the new zone paradigm is a dynamic investmentintensive, management driven one, enabling an integrated economic development tool. In the UAE, the first Free Zone at Jebel Ali came into existence in 1985 and provided international businesses and corporations a hub, which connected the East and the West and expanded the horizons of their operations. Today there are more than two dozen Free Zones in the UAE providing top class facilities and infrastructure for doing business PKF - Free Zones in the UAE - Preface 1
Page 1 and 2: Accountants & business advisers Fre
Page 3 and 4: Free Zones in the United Arab Emira
Page 5: Contents Preface 1 PKF in the UAE 3
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 and 32: • Worker accommodation ( as per a
Page 33 and 34: Facility costs and type of license
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 53 and 54: Type of License Cost in AED per ann
Page 55 and 56: • Online customer service (e-Serv
Page 57 and 58:
Facility costs and type of license
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
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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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