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Free Zones in the UAE - PKF International

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Features<br />

• Type of activities <strong>in</strong>clude manufactur<strong>in</strong>g, process<strong>in</strong>g, assembl<strong>in</strong>g, packag<strong>in</strong>g, import/<br />

export, distribution, storage services.<br />

• Leases up to 15 years.<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 />

Facility costs and type of license<br />

Facility Facility Size Cost <strong>in</strong> AED per annum annum<br />

Land Varies Varies 30 per sq.mts sq.mts<br />

Light <strong>in</strong>dustrial <strong>in</strong>dustrial units (pre-built) (pre-built) Varies Varies 604 per sq.mts sq.mts<br />

M<strong>in</strong>imum M<strong>in</strong>imum office space Varies Varies 25,000 25,000<br />

Type of License License Cost <strong>in</strong> AED per annum annum<br />

General General Trad<strong>in</strong>g Trad<strong>in</strong>g 5,000 5,000<br />

Management Management and consultancy consultancy 5,000 5,000<br />

Service Service 2,000 2,000<br />

• These figures are <strong>in</strong>dicative and subject to change<br />

RAS AL KHAIMAH FREE ZONE (RAK FZ)<br />

The Ruler of Ras Al Khaimah, H.H. Sheikh Saqr Al Qassimi under decree No.1 on May<br />

1st 2000, created this <strong>Free</strong> Trade Zone. RAK FZ <strong>the</strong>reby opened its doors to <strong>the</strong><br />

World’s lead<strong>in</strong>g bus<strong>in</strong>esses.<br />

Ras Al Khaimah <strong>Free</strong> Zone Authority oversees three new sub-zones with<strong>in</strong> <strong>the</strong> Emirate.<br />

The 71 hectare Technology Park is <strong>in</strong>tended to accommodate capital-<strong>in</strong>tensive, high<br />

technology manufactur<strong>in</strong>g and assembly companies. The park is adjacent to <strong>the</strong> Ras Al<br />

Khaimah Ceramics Factory and o<strong>the</strong>r light manufactur<strong>in</strong>g bus<strong>in</strong>esses.<br />

72 <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> Sharjah and <strong>the</strong> Nor<strong>the</strong>rn Emirates

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