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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• Branch of a Foreign Entity: Branches of foreign companies, limited liability<br />
partnerships, and general partnerships may be established with<strong>in</strong> <strong>the</strong> DIFC as<br />
recognised entities.<br />
Entities can be set up <strong>in</strong> <strong>the</strong> DIFC ei<strong>the</strong>r as:<br />
• Authorised firms<br />
• Authorised market <strong>in</strong>stitutions<br />
• Ancillary service providers<br />
Facility costs and type of license<br />
Facility Size Cost <strong>in</strong> AED per annum<br />
Offices Varies Varies<br />
Type of License Cost <strong>in</strong> AED per annum<br />
Varies Varies<br />
INTERNATIONAL HUMANITARIAN CITY (IHC)<br />
<strong>International</strong> Humanitarian City (IHC) is a global humanitarian and aid hub, given a<br />
<strong>Free</strong> Zone status <strong>in</strong> Dubai. IHC is an <strong>in</strong>dependent <strong>Free</strong> Zone created by <strong>the</strong> Government<br />
of Dubai and chaired by HRH Pr<strong>in</strong>cess Haya B<strong>in</strong>t Al Husse<strong>in</strong>, Wife of HH Sheikh<br />
Mohammed B<strong>in</strong> Rashid Al Maktoum, Vice-President and Prime M<strong>in</strong>ister of <strong>the</strong> <strong>UAE</strong>,<br />
Ruler of Dubai. IHC consolidates Dubai as an essential l<strong>in</strong>k <strong>in</strong> <strong>the</strong> humanitarian value cha<strong>in</strong>.<br />
<strong>International</strong> Humanitarian City (IHC) which aims to facilitate aid and development<br />
efforts by provid<strong>in</strong>g local and <strong>in</strong>ternational humanitarian entities with facilities and<br />
services specifically designed to meet <strong>the</strong>ir needs. More than 55 organisations and<br />
commercial companies are currently registered with IHC. IHC is a non-religious, nonpolitical<br />
and non-profit organisation. IHC br<strong>in</strong>gs toge<strong>the</strong>r United Nations agencies, local<br />
and <strong>in</strong>ternational aid and development organisations, commercial companies and o<strong>the</strong>r<br />
stakeholders <strong>in</strong> a secure environment that fosters partnerships, social responsibility and<br />
global change.<br />
Currently IHC is located <strong>in</strong> central Dubai near Bus<strong>in</strong>ess Bay, however IHC will be<br />
expand<strong>in</strong>g to meet <strong>the</strong> rapidly grow<strong>in</strong>g requirements of <strong>the</strong> global humanitarian<br />
56 <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