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
Visas
Company formation
period
Other Info
Dubai Knowledge Village (KV)
[Member of Dubai Holdings]
Location
Established
Distance
Size of the Zone
Regulated by
Commercial Spaces
(No space
restriction)
US $ 32.75 (AED
120)/ per sq. foot
One year, annually
renewable
Branch of a Foreign
Company
(Parent company
should be in
existence for
minimum 2 years)
None
-
US $ 955
(AED 3,500)
General Segments
US $ 4,091
(AED 15,000)
Doing Business in UAE and UAE Free Trade Zones 4th Edition 2006
Dubai-U.A.E
2003
25 Kms from Dubai International Airport
1,000,000 sq. feet
Dubai Technology and Media Free Zone Authority
Executive Offices
[Business Centre]
Availability is in
between 100 to 250
sq ft)
US $ 95 /sq. foot
(AED 350)
One year, annually
renewable
Branch of a UAE
Company including
Entities established
in other UAE Free
Zones
None
-
US $ 955
(AED 3,500)
Open Office
[Business Centre]
US $ 4091
(AED 15,000)
One year, annually
renewable
FZ LLC
(Single Shareholding)
Value per share is US
$ 273 (AED 1,000)
* US$ 13,635
(AED 50,000)
One
US $ 955
(AED 3,500)
University Segments
[Offer Graduate Courses]
US $ 13,635
(AED 50,000)
Executive Suite
[Business Centre]
US $ 76.36/ sq. foot
(AED 280)
One year, annually
renewable
FZ LLC
(Multiple
Shareholding)
Value per share is US
$ 273 (AED 1,000)
* US$ 13,635
(AED 50,000)
Minimum Two
US $ 955
(AED 3,500)
University Segments
[Offer both Graduate and
Post Graduate Courses]
US $ 27,270
(AED 100,000)
Education Partners, International Universities, Management Development Centre, Online
Academic Institutions, Academic Service Provider, eLearning Provider, HRD Centre,
Professional Training Centre, Innovation Centres Testing Centre etc.
Depends on the size of the space leased. Executive Office is eligible for maximum 3-4 visas.
30 days
Entity operating in Open Office/ Executive Office/Executive Suite requires to pay a Joining
Fee of US$ 1,364 (AED 5000) and a refundable Security Deposit of US$ 1,364 (AED
5,000)/US $ 2,728 (AED 10,000)/US $ 4,091(AED 15,000) respectively.
Freelance Permit allows an individual to operate as a sole practitioner and enables him to
conduct the activity in his birth name as opposed to brand name. Fee for Freelancer licence
is US$ 2,182 (AED 8,000) which includes fee for processing residence visa.
Academic Institute license is provided to the Branch of reputed and ranked International
Universities and Colleges. Academic Institute license is provided after determining if the
program provided by the institute is a top ranked program in their respective country and if
the program is accredited by a top accrediting body. Academic Institute license holders are
responsible for the curriculum, faculty, examinations and administration of the campus. The
application for the Academic Institute license should be accompanied by an academic plan
An Academic Institute is eligible to apply for the student visa. Student visa holder is not
eligible to work. In case a student is found working while on being on a student visa, the
university would be held liable for the student’s action.
* Capital amount shown above is only minimum indicative figure and can vary according to
project outlay
Morison Menon
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