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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

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