Free Zones in the UAE - PKF International

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Facility costs and type of license Facility Size Cost in AED per annum Business Centre/ Executive Office 12 - 2,200 sq.mts 1,500 - 1,700 per sq.mts Flexi office / Shared office Varies 37,690 - 56,040 approx (inclusive of rent, registration, license & other service charges) Flexi desk / Shared work station One desk 12,500 Flexi Warehouse 205 sq.mts 20,000 Factory/Warehouse 150 - 416 sq.mts 41,000 - 90,400 approx Land Min. 5,000 sq.mts 50 per sq.mts approx FZE/FZCO Registration Fee AED 7,000 (one time fee) Type of License Cost in AED per annum Industrial 5,000 Commercial (upto 7 activities) 3,650 Consulting and service 7,500 Real Estate Consultancy 16,000 General trading 15,000 • These figures are indicative and subject to change RAS AL KHAIMAH MEDIA FREE ZONE (RAKMFZ) - RAK MEDIA CITY RAK authorities have established the Ras Al Khaimah Media Free Zone (RAKMFZ) on 3 January 2006, in order to provide the right atmosphere for genuine and responsible media companies and to attract genuine top notch professionals from the media industry. The RAK Government has been playing a major role in encouraging local and foreign investors to come into the Emirate and use it as a base for their business activities across the UAE and the GCC region. Ras Al Khaimah Media Free Zone (RAKMFZ) is also referred to as RAK Media Free Zone, RAK Media City or Film City. RAKMFZ follows the “Media Code of Conduct“ followed by other Emirates in the country. The facility is proposed to play host to media establishments, television channels, studios for audio-visual productions and computer graphics houses besides animation studios. The new facility will provide its clients with various media services 74 PKF - Free Zones in the UAE - Free Zones in Sharjah and the Northern Emirates
including teleport facilities for uplinking images from Ras Al Khaimah to various satellites. The Free Zone which will lease land to investors who wish to set up their own media facilities, be it a printing press, a film studio, an advertising agency, a magazine office or a television studio. Also lease ready-to-use office space and up-linking facilities to such licence holders. To make use of RAK’s colourful and rich landscape besides its rich history and heritage that makes it the ideal venue for film shoots, film studios and establishments linked to the film industry are also being issued a licence by the RMFZ and many leading filmmakers have expressed interest in setting up in Film City in RAK. Currently the RAK Media City is going on an expansion drive by investing Dh.80 million into building 10 studios, 10 dubbing theatres and 20 shooting stages for films and TV productions. The new facilities, once completed aim to offer a more convenient place for media-related companies that are establishing business in the UAE with RAK as their base. The new facilities will be used by publishing, advertising and media houses as production bases. Competitive rental costs, service convenience and an upcoming future with economic growth in RAK are added advantages for the companies starting to have a presence in RAK. In recent months, more than 20 international companies from the publishing, advertising and media sector have established activities in the RAK Media Free Zone. The type of licenses issued by the RAK Media City are as under: • TV Broadcasting, production, TV management. • Audio management. • Advertising Agency, • Printing, Publishing, Distribution. • Sports Management and Promotion • Studios for film, television, audio-visual productions, computer graphics houses and animation studios, etc. • Graphic Design • Consultancy and Research, Concept and Design. • News Agencies, Research and Information Services, etc. PKF - Free Zones in the UAE - Free Zones in Sharjah and the Northern Emirates 75
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Accountants & business advisers Fre
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Free Zones in the United Arab Emira
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Contents Preface 1 PKF in the UAE 3
Page 7 and 8:
Preface The globalisation of trade
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PKF in the UAE PKF UAE is a member
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JEBEL ALI FREE ZONE Lease Office Bu
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Introduction The United Arab Emirat
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Economy The UAE economy has been tr
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GDP (AED in billions) (Estd) 2005 2
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Jebel Ali Offshore The announcement
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Ras Al Khaimah Offshore Similar to
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Free Zones in the UAE The Free Trad
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Given hereunder are the various Fre
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FREE ZONES IN DUBAI PKF - Free Zone
Page 29 and 30: Types of Licenses Cost in AED per a
Page 31 and 32: • Worker accommodation ( as per a
Page 33 and 34: Facility costs and type of license
Page 35 and 36: The DMC is fully supported by the G
Page 37 and 38: with excellent networking opportuni
Page 39 and 40: e considerably reduced, as they can
Page 41 and 42: Facility costs and type of licenses
Page 43 and 44: Form of registration As a branch of
Page 45 and 46: ENERGY AND ENVIRONMENT PARK (Enpark
Page 47 and 48: The park will be built in several p
Page 53 and 54: Type of License Cost in AED per ann
Page 55 and 56: • Online customer service (e-Serv
Page 59 and 60: Office Min 50 sq.mts 2,300 per sq.m
Page 61 and 62: • Dealing with an individual clie
Page 63 and 64: community and relocating to new fac
Page 65 and 66: or custom designed facilities for d
Page 67 and 68: • Tap into the creative and innov
Page 69 and 70: FREE ZONES IN SHARJAH AND THE NORTH
Page 71 and 72: Land Min. 2500 sq.mts 50 - 100 per
Page 73 and 74: Features • Economical wage struct
Page 75 and 76: Flexi Desk Varies 15,000 Virtual Of
Page 77 and 78: Forms of registration • Branch (p
Page 79: The Al Hamra Development, located a
Page 83 and 84: FREE ZONES IN ABU DHABI PKF - Free
Page 85 and 86: The creation of ADAFZ is driven by
Page 87 and 88: comprehensive range of media discip
Page 89 and 90: About PKF PKF International PKF Int
Page 91 and 92: PKF International AFRICA Angola, Ca
Page 93 and 94: PKF UAE Publications As part of the
Page 95 and 96: ANNEXURE A Useful Contact Numbers P
Page 97 and 98: ANNEXURE B List of UAE Tax Treaties
Page 99 and 100: • The Government of The People’
Page 101 and 102: Notes PKF - Free Zones in the UAE -
Page 103: Although the greatest possible care
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Free Zones in the UAE - PKF International

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