Doing Business in UAE - Morison Menon
Doing Business in UAE - Morison Menon
Doing Business in UAE - Morison Menon
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DUBAI MARITIME CITY<br />
Location<br />
Established<br />
Distance<br />
Size of the Zone<br />
Facilities Offered<br />
Zones <strong>in</strong> DMC<br />
Types of companies<br />
which can be formed<br />
Capital-cash physical<br />
No. of Shareholders<br />
Formation fee<br />
<strong>Bus<strong>in</strong>ess</strong> Segments<br />
Visas<br />
Time span to form<br />
company<br />
Other Info<br />
Dubai Maritime City<br />
Dubai [located between Port Rashid & Dubai Dry Drocks]<br />
2003<br />
10 Kms from Dubai International Airport<br />
25,000,000 sq. feet, man made pen<strong>in</strong>sula<br />
Commercial, Office, Warehouse, Land, Workshop, Yard<br />
Option of Freehold and Leasehold<br />
Commercial Area, Leisure Area, Repair Area, Research and<br />
Academy Area<br />
Branch of a Foreign<br />
Company<br />
(Includ<strong>in</strong>g Offshore<br />
Company)<br />
None<br />
Branch of<br />
a <strong>UAE</strong><br />
Company<br />
None<br />
-<br />
-<br />
US$ 1,364 US$ 1,364<br />
(AED 5,000) (AED 5,000)<br />
Type of licence issued Service<br />
Licence fee US$ 1,500 (AED 5,500)<br />
Shipp<strong>in</strong>g Services<br />
Mar<strong>in</strong>e management<br />
services<br />
Mar<strong>in</strong>e related market<strong>in</strong>g<br />
Mar<strong>in</strong>e research &<br />
education<br />
Mar<strong>in</strong>e recreational<br />
services<br />
Design and manufactur<strong>in</strong>g<br />
Depends on the facility leased/purchased.<br />
30 days<br />
68<br />
Free Zone<br />
Establishment<br />
(FZE)<br />
US$ 272,703<br />
(AED 1,000,000)<br />
One<br />
US $ 2,727<br />
(AED 10,000)<br />
Free Zone<br />
Company<br />
(FZCO)<br />
US$ 136,352<br />
(AED 500,000)<br />
M<strong>in</strong> 2, Max 5<br />
US $ 4,091<br />
(AED 15,000)<br />
Ship Classification, Ship Cater<strong>in</strong>g, Ship Supplies<br />
Ship Safety & Damage Assessment, Insurance, Legal<br />
<strong>Bus<strong>in</strong>ess</strong>es,Vessel Registration & Global Inspection<br />
Mar<strong>in</strong>e Exhibition, Trade shows and exhibitions, Media<br />
Information Groups, World Media Relations, Ship<br />
Shows<br />
Mar<strong>in</strong>e Academy, Naval Museum<br />
Mar<strong>in</strong>e Merchandise Sell<strong>in</strong>g, Buy<strong>in</strong>g and Rent<strong>in</strong>g,<br />
Other attractions like a Divers Center<br />
Ship Designers & Manufacturers, Ship repair and<br />
ma<strong>in</strong>tenance,. Ship modification<br />
Currently licences are issued on a case to case basis and allowed to operate <strong>in</strong><br />
Dubai. The <strong>in</strong>vestors must transfer their operation to DMC once the facilities are<br />
ready.
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