Doing Business in UAE - Morison Menon
Doing Business in UAE - Morison Menon
Doing Business in UAE - Morison Menon
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Facilities Offered<br />
(declared as<br />
of date)<br />
Rental per annum<br />
Lease Period<br />
Possible Legal<br />
Entities<br />
Capital-cash<br />
physical<br />
No. of Shareholders<br />
Formation Fee<br />
Types of licenses<br />
issued<br />
License fee<br />
(General segments)<br />
<strong>Bus<strong>in</strong>ess</strong> Segments<br />
Visas<br />
Company formation<br />
period<br />
Others<br />
INTERNATIONAL [Member Of Dubai Hold<strong>in</strong>gs]<br />
MEDIA PRODUCTION ZONE (IMPZ) [Member of Dubai Hold<strong>in</strong>gs]<br />
Location<br />
Established<br />
Distance<br />
Size of the Zone<br />
Regulated by<br />
(A) Pre-built Production Units (2.3 million sq. feet)<br />
Warehouses<br />
Sizes (sq. feet)<br />
Store,<br />
Office & Others<br />
Branch of a Foreign<br />
Company<br />
(Parent company<br />
should be <strong>in</strong><br />
existence for<br />
m<strong>in</strong>imum 2 years)<br />
None<br />
-<br />
US $ 955<br />
(AED 3,500)<br />
Dubai-U.A.E, Dubai Land<br />
July 2003<br />
15 Kms from Dubai International Airport<br />
50 million sq. feet<br />
Dubai Technology and Media Free Zone Authority<br />
(B) Plot of Land (6 million sq. feet); sizes available from 60,000 sq. feet to<br />
100,000 sq. feet<br />
(C) Other Facilities (Sizes and rates to be announced): Publish<strong>in</strong>g Pavilion, Office<br />
Blocks, Media Tower (Offices), Media Market (Retail/Wholesale), Logistic Centre etc.<br />
Branch of a <strong>UAE</strong><br />
Company <strong>in</strong>clud<strong>in</strong>g<br />
Entities established<br />
<strong>in</strong> other <strong>UAE</strong> Free<br />
Zones<br />
None<br />
-<br />
US $ 955<br />
(AED 3,500)<br />
Accord<strong>in</strong>g to the IMPZ Segments<br />
*US$ 81,811<br />
(AED 300,000)<br />
One<br />
US $ 955<br />
(AED 3,500)<br />
*US$ 81,811<br />
(AED 300,000)<br />
M<strong>in</strong>imum Two<br />
US $ 955<br />
(AED 3,500)<br />
US $ 4,091<br />
(AED 15,000)<br />
Publish<strong>in</strong>g, Pr<strong>in</strong>t<strong>in</strong>g, Packag<strong>in</strong>g, Media Production (Manufactur<strong>in</strong>g), Trad<strong>in</strong>g <strong>in</strong> Media<br />
Products (Mach<strong>in</strong>ery /Consumables), General Services etc.<br />
Depends on the size of the facility and requirements of the project.<br />
30 days<br />
6837<br />
4357<br />
2480<br />
8893<br />
6412<br />
2481<br />
Warehouse/Showrooms<br />
To be announced<br />
One year, annually renewable<br />
<strong>Do<strong>in</strong>g</strong> <strong>Bus<strong>in</strong>ess</strong> <strong>in</strong> <strong>UAE</strong> and <strong>UAE</strong> Free Trade Zones 4th Edition 2006<br />
International Media Production Zone (IMPZ)<br />
15316<br />
12836<br />
2480<br />
Showrooms<br />
8425<br />
6219<br />
2206<br />
7747<br />
5542<br />
2205<br />
FZ LLC<br />
(S<strong>in</strong>gle Sharehold<strong>in</strong>g)<br />
Value per share is US<br />
$ 273 (AED 1,000)<br />
10458<br />
7230<br />
3228<br />
26953<br />
19540<br />
7413<br />
Plot of Land<br />
USD 1.90 (AED 7.00) per sq. feet<br />
Up to 30 years; renewable for similar period<br />
FZ LLC<br />
(Multiple<br />
Sharehold<strong>in</strong>g)<br />
Value per share is US<br />
$ 273 (AED 1,000)<br />
*Capital requirement shown above is for General Segments. Capital for ‘Pr<strong>in</strong>t<strong>in</strong>g Segment’<br />
and ‘Publish<strong>in</strong>g Segment’ are US $ 136,352 (AED 500,000) and US $ 54,540 (AED<br />
200,000) respectively.<br />
<strong>Morison</strong> <strong>Menon</strong><br />
85
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