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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Facility costs and type of license<br />
Facility Size Cost <strong>in</strong> AED per annum<br />
Bus<strong>in</strong>ess Centre/ Executive Office 12 - 2,200 sq.mts 1,500 - 1,700 per sq.mts<br />
Flexi office / Shared office Varies 37,690 - 56,040 approx<br />
(<strong>in</strong>clusive of rent, registration,<br />
license & o<strong>the</strong>r service charges)<br />
Flexi desk / Shared work station One desk 12,500<br />
Flexi Warehouse 205 sq.mts 20,000<br />
Factory/Warehouse 150 - 416 sq.mts 41,000 - 90,400 approx<br />
Land M<strong>in</strong>. 5,000 sq.mts 50 per sq.mts approx<br />
FZE/FZCO Registration Fee AED 7,000 (one time fee)<br />
Type of License Cost <strong>in</strong> AED per annum<br />
Industrial 5,000<br />
Commercial (upto 7 activities) 3,650<br />
Consult<strong>in</strong>g and service 7,500<br />
Real Estate Consultancy 16,000<br />
General trad<strong>in</strong>g 15,000<br />
• These figures are <strong>in</strong>dicative and subject to change<br />
RAS AL KHAIMAH MEDIA FREE ZONE (RAKMFZ) - RAK MEDIA CITY<br />
RAK authorities have established <strong>the</strong> Ras Al Khaimah Media <strong>Free</strong> Zone (RAKMFZ) on<br />
3 January 2006, <strong>in</strong> order to provide <strong>the</strong> right atmosphere for genu<strong>in</strong>e and responsible<br />
media companies and to attract genu<strong>in</strong>e top notch professionals from <strong>the</strong> media<br />
<strong>in</strong>dustry. The RAK Government has been play<strong>in</strong>g a major role <strong>in</strong> encourag<strong>in</strong>g local<br />
and foreign <strong>in</strong>vestors to come <strong>in</strong>to <strong>the</strong> Emirate and use it as a base for <strong>the</strong>ir bus<strong>in</strong>ess<br />
activities across <strong>the</strong> <strong>UAE</strong> and <strong>the</strong> GCC region. Ras Al Khaimah Media <strong>Free</strong> Zone<br />
(RAKMFZ) is also referred to as RAK Media <strong>Free</strong> Zone, RAK Media City or Film City.<br />
RAKMFZ follows <strong>the</strong> “Media Code of Conduct“ followed by o<strong>the</strong>r Emirates <strong>in</strong> <strong>the</strong><br />
country. The facility is proposed to play host to media establishments, television<br />
channels, studios for audio-visual productions and computer graphics houses besides<br />
animation studios. The new facility will provide its clients with various media services<br />
74 <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