Doing Business in UAE - Morison Menon

Facilities Offered
Rental Per Annum
Lease Period
Possible Legal
Entities
Capital-cash
physical
No. of Shareholders
Formation Fee
Types of licenses
issued
License fee
Business Segments
Port facilities
Visas
Company formation
period
DUBAI AIRPORT FREE ZONE
Location
Established
Distance
Size of the Zone
Warehouse
[Area of Unit
350 m2 -]
US $ 164/m2
(AED 600/m2)
[plus 5% service
charge]
Two years, renewable Two years, renewable
for similar period for similar period
Branch of Foreign
Company
None
-
None
Trading
US $ 2,727
(AED 10,000)
Dubai Airport Free Zone (DAFZA)
Dubai-U.A.E
November 1996
Adjacent to Dubai International Airport
1,200,000 s.q. mtrs
Light Industrial
Unit [Area of Unit
350 m2]
US $ 191/m2
(AED 700/m2)
[plus 5% service
charge]
Branch of UAE
Company
None
-
None
Service
US $ 2,727
(AED10,000)
Offices [Minimum
50 sq. meters; no
space restriction]
US $ 545/m2
(AED 2000/m2)
[plus 7% service
charge]
Two years, renewable
for similar period
Free Zone
Establishment (FZE)
US$ 272,703
(AED 1,000,000)
One
US $ 2,727
(AED 10,000)
Free Zone
Company (FZCO)
US$ 136,352
(AED 500,000)
Min 2, Max 5
US $ 4,091
(AED 15,000)
Industrial
US $ 2,727
(AED10,000)
Dubai Airport, Port Rashid, Jebel Ali Port
4 visas for 50m2 office and 20 visas for LIU. However, no restriction for
industrial/assembly units operating in leased land as required by the activity.
30 days
Land
[Minimum
2500 m2]
US $ 35.45/m2
(AED 130/m2)
15 years,
renewable every
15 years
Licences are issued based on investor’s business activities. Number of activities is
restricted to two. Any additional activity requires a fee payment of AED 3,000 per activity.
No General Trading Licence is issued. However, a company can obtain an additional licence
provided minimum office space leased is 100 sq meters. Companies can opt renewing the
licence for a period of one or three years subject to payment made full in advance.
FZCO is required to pay an amount of US$ 818(AED 3,000) as annual good standing fee.
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