Doing Business in UAE - Morison Menon
Doing Business in UAE - Morison Menon
Doing Business in UAE - Morison Menon
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
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 />
<strong>Bus<strong>in</strong>ess</strong> Segments<br />
Port facilities<br />
Ownership<br />
Visas<br />
Company formation<br />
period<br />
Ras Al Khaimah Free Zone (RAK FREE ZONE)<br />
RAS AL KHAIMAH FREE ZONE (RAK FREE ZONE)<br />
Location<br />
Established<br />
Distance<br />
Size of the Zone<br />
Warehouse/<br />
Light Industrial Units<br />
(200m2)<br />
US $ 10,908<br />
(AED 40,000)<br />
One year, annually<br />
renewable<br />
Branch of Foreign<br />
Company<br />
(Includ<strong>in</strong>g offshore<br />
company)<br />
None<br />
-<br />
None<br />
Commercial<br />
(Maximum 7 similar<br />
l<strong>in</strong>e of products)<br />
US $ 818<br />
(AED 3,000)<br />
Ras Al Khaimah – <strong>UAE</strong><br />
May 1, 2000<br />
100 Kms from Dubai International Airport<br />
1,880,000 sq. meters<br />
Executive Offices<br />
(M<strong>in</strong>imum 18m2)<br />
Branch of<br />
a <strong>UAE</strong><br />
Company<br />
None<br />
-<br />
None<br />
Commercial<br />
-General<br />
Trad<strong>in</strong>g<br />
US $ 4,091<br />
(AED 15,000)<br />
US$ 5,890<br />
(AED 21,600)<br />
One year, annually<br />
renewable<br />
Import, export, manufactur<strong>in</strong>g, process<strong>in</strong>g, assembl<strong>in</strong>g, packag<strong>in</strong>g, distribution,<br />
consolidation, storage, different k<strong>in</strong>d of services unless otherwise restricted by<br />
federal or local authorities.<br />
Ras Al Khaimah Port (M<strong>in</strong>a Saqr). Ras Al Khaimah Airport<br />
100%<br />
Visas are issued on the basis of the size of the office space leased. However, no<br />
restriction for <strong>in</strong>dustrial/assembly units operat<strong>in</strong>g <strong>in</strong> pre-built warehouse and leased<br />
land.<br />
Licenc<strong>in</strong>g with<strong>in</strong> 48 hours upon approval for Trad<strong>in</strong>g, Assembl<strong>in</strong>g and Warehous<strong>in</strong>g.<br />
Licenc<strong>in</strong>g for Manufactur<strong>in</strong>g upon the approval of agreement for premises.<br />
*M<strong>in</strong>imum capital requirement for General Trad<strong>in</strong>g and Real Estate Licence is<br />
US$ 136,352 (AED 500,000).<br />
Other facilities available are: Shared Office, Flexi Office, Flexi Desk<br />
Warehouses <strong>in</strong> different sizes are also available.<br />
98<br />
Free Zone<br />
Establishment<br />
(FZE)<br />
*US $ 27,270<br />
(AED 100,000)<br />
One<br />
US $ 1,909<br />
(AED 7,000)<br />
Consult<strong>in</strong>g/<br />
Service<br />
US $2,045<br />
(AED 7,500)<br />
Real Estate<br />
Licence<br />
Plot of land<br />
(5000 m2)<br />
US $ 16,362<br />
(AED 60,000)<br />
5 - 15 years; renewable for<br />
similar period<br />
US $ 4091<br />
(AED 15,000)<br />
Free Zone<br />
Company<br />
(FZC)<br />
*US $ 27,270<br />
(AED 100,000)<br />
M<strong>in</strong> 2, Max 5<br />
US $ 1,909<br />
(AED 7,000)<br />
Industrial<br />
US $ 1,364<br />
(AED 5,000)
Change language