Doing Business in UAE - Morison Menon
Doing Business in UAE - Morison Menon
Doing Business in UAE - Morison Menon
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Location<br />
Established<br />
Distance<br />
Size of the Zone<br />
Facilities Offered<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 />
AHMED Ahmed BIN B<strong>in</strong> RASHID Rashid FREE Free ZONE Zone (UMM (UMM AL QUWAIN) AL QUIWAIN)<br />
Umm Al Quwa<strong>in</strong><br />
April 1998<br />
55 kms from Dubai International Airport<br />
118,000 sq. mtrs.<br />
Office Units Plot of Land<br />
Branch of Foreign<br />
Company<br />
(<strong>in</strong>clud<strong>in</strong>g offshore company)<br />
<strong>Bus<strong>in</strong>ess</strong> Segments Manufactur<strong>in</strong>g, Trad<strong>in</strong>g and Consultancy<br />
Port facilities<br />
Visas<br />
Company formation<br />
period<br />
US $ 6,818<br />
(AED 25,000)<br />
(Deposit<br />
AED 2,000)<br />
One year 15 years; renewal for similar period<br />
Branch of<br />
a <strong>UAE</strong><br />
Company<br />
Ahmed B<strong>in</strong> Rashid Port (feeder vessel), Ports <strong>in</strong> Sharjah<br />
4 visas for office unit. However, no restriction for <strong>in</strong>dustrial/assembly units operat<strong>in</strong>g <strong>in</strong><br />
leased land as required for the activity.<br />
3 – 4 days<br />
None<br />
-<br />
None<br />
None None<br />
Special Licence<br />
(Industrial Licence)<br />
US $ 545<br />
(AED 2,000)<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 />
US $ 5.45 per sq. meter for constructed area and US $ 1.36<br />
per sq. meter for pen area per year. The <strong>in</strong>vestor can construct<br />
the factory unit accord<strong>in</strong>g to his requirements, however,<br />
subject to the approval of the Free Zone Authority.<br />
General Trad<strong>in</strong>g<br />
Licence<br />
US $ 1,364<br />
(AED 5,000)<br />
-<br />
Management & Consultancy<br />
(Except shipp<strong>in</strong>g agencies)<br />
US $ 1,364<br />
(AED 5,000)<br />
<strong>Morison</strong> <strong>Menon</strong><br />
97
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