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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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