Doing Business Part1

4th Edition 2006
Doing Business in UAE UAE Free Trade Zones

&
Part-1 Commercial, Industrial and Services
Group Entities
Morison (UAE) Consulting MMIT and e-Security Solutions Morison Muscat Chartered Accountants L.L.C Menon Consulting Iran Ltd, Tehran
Morison Menon Chartered Accountants

Group Entities Morison (UAE) Consulting MMIT and e-Security Solutions Morison Muscat Chartered Accountants L.L.C Menon Consulting Iran Ltd, Tehran
Dubai:
Abu Dhabi:
Jebel Ali:
Sharjah:
204, Tower-A, Gulf Towers, Oud Metha P.O.Box 55535, Tel. +971 4 33 66 99 0, Fax. +971 4 33 66 99 2 e-mail: dubai@morisonmenon.com 204,Sohail Bin Hilal Rasheed Al Mazrooi Bldg, Salam Street P.O.Box 31616, Tel. +971 2 677 27 27, Fax. +971 2 677 37 37 e-mail: abudhabi@morisonmenon.com Office No. 140, LB-16 P.O.Box 61136, Tel. +971 4 887 17 2 7, Fax. +971 4 881 32 2 9 e-mail: jebelali@morisonmenon.com M-2, Al Arbash Tower, Old Airport Road P.O.Box 5199, Tel. +971 6 573 04 40, Fax. +971 6 572 28 4 8 e-mail: sharjah@morisonmenon.com
HH Dr. Sheikh Sultan bin Mohammed Al Qasimi

Ruler of Sharjah
Ruler of Ras Al Khaimah
HH Sheikh Saqr bin Mohammed Al Qasimi
HH Sheikh Hamad bin Mohammed Al Sharqi

Ruler of Fujairah
Ruler of Umm Al Quiwain
HH Sheikh Rashid bin Ahmed Al Mualla
HH Sheikh Humaid bin Rashid Al Nuaimi

Ruler of Ajman
HH Sheikh Khalifa bin Zayed Al Nahyan President of UAE & Ruler of Abu Dhabi
HH Sheikh Mohammed bin Rashid Al Maktoum

Vice President & Prime Minister of UAE, Ruler of Dubai
Every effort has been made to ensure the information contained in this handbook is accurate as on publishing date. Morison Menon Chartered Accountants does not acc
Page Page Page Page Page Page Page Doing Businessin SHARJAH Page Real Estate in the UAE Page Corporate Initiatives of Dubai Government Page General Information Customs Procedure Port Charges & Shipping Lines Immigration Requirements Schools Institutions for Higher Education Fee particulars of DED Dubai
Foreword Preface Facts About United Arab Emirates The Country Setting Up A Business entity in the UAE Doing Business in ABU DHABI Doing Business in DUBAI
9 11 12 13 15 20 28 34 38 41
Conversion Rate: US$ 1.00 is converted @ AED 3.667. This publication is distributed free of cost.
Snapshots of Free Trade Zones
Page Page Page Page Page Page Free Trade Zones in the UAE Page
Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page Page -
42 48 54 57 61 62 64
* Disclaimer
JAFZA JAFZA Offshore Dubai Maritime City Dubai Gold and Diamond Park Dubai Aid City Dubai Airport Free Zone Dubai Silicon Oasis Dubai Flower Centre Dubai Logistics City Dubai Internet City Dubai Knowledge Village Dubai Media City Dubai Outsource Zone Dubai Biotechnology and Research Park Dubai Studio City International Media Production Zone Dubai Healthcare City Techno Park Dubai Textile City Dubai Cars and Automotive Zone Heavy Equipment and Trucks Zone Dubai Building Materials Zone Dubai Auto Parts City Hamriyah Free Zone Sharjah Airport International Free Zone (SAIF-Zone) Ajman Free Zone Ahmed Bin Rashid Free Zone (Umm Al Quiwain) Ras Al Khaimah Free Zone (RAK Free Zone) Fujairah Free Zone
66 67 68 70 71 72 73 74 75 76 77 78 80 81 84 85 86 87 88 89 90 91 92 93 94 96 97 98 99
Upcoming Free Zones Page - 102
Contents
Contents:
Foreword
Writing a foreword is a good time to reflect, contemplate and look back. As a UAE national, scrutinizing the emergence of my country as a flourishing economy in the Middle East is always a source of immense pride. It reinforces my respect and faith in the vision of my countrys founding leaders, who looked far into the future when making strategic choices that would affect the daily lives of generations to come.
I ardently believe that it is their long-term growth strategies that have given the UAE economy its inherent dynamism. Today, it can be safely asserted that the UAE economy rests on strong fundamentals that are not merely oil-driven. Sectors like tourism, education, media, health and industry have evolved as ideal platforms for enhanced institutional investment. There is extensive diversification, into value added industries, which facilitates an impressive economic growth rate. All-round development is perceptible all over the UAE - in all the emirates led by Abu Dhabi, Dubai and Sharjah. Through broad-based strategies that look far ahead into the future, each emirate has been strengthening its resource base, offering more opportunities for investors and making rapid strides in developmental initiatives. The benefit of such in-depth planning gives greater impetus to the countrys planners to roll out more cutting edge ideas. The healthy business climate of the UAE has, over the years, attracted overseas investors, who have even sometimes shifted entire operations to the country. Setting up businesses - not restricted to trading - have contributed to diversifying the economy even further. The Free Zones of the UAE too have played a major role in boosting the UAEs identity as a hotbed for entrepreneurs. Apart from offering near-total economic freedom to the investors, which some do not enjoy even in their countries, the Free Zones offer a tax-free package and world-class infrastructural facilities. It is encouraging to note that the Free Zones have now come to encompass niche sectors too, such as the Dubai Silicon Oasis, Dubai Outsource Zone, Dubiotech, and Dubai Metal and Commodity Centre. In this context, the handbook by Morison Menon Chartered Accountants, Doing Business in UAE and UAE Free Trade Zones, is relevant, timely and is expected to be extremely helpful for companies and individuals looking to invest in the UAE. The current edition appears to have been further revised and enhanced to accommodate the entrepreneurial climate offered by the various emirates. The all-encompassing nature of the book should make it a helpful resource for anyone wishing to understand the business climate of the UAE. Business houses gain confidence from the power of knowledge and information. Facts and figures have to be laid out in black and white with no scope for ambiguity. This handbook serves that purpose. I wish the venture, and our foreign and local investors, all future success.
Sheikha Lubna Al Qasimi Minister of Economy UAE
Morison Menon
Partners
Girija Menon, Partner

Dubai Ofce
Pushpakaran K Parambath,
Partner Jebel Ali Ofce
Prabhakar Kamath
Partner
Morison (UAE) Consulting
Saju Augustine, Partner

Sharjah Ofce
Zeid Qadan, Partner

Abu Dhabi Ofce
K.R.V. Panicker, Partner

MMIT & e-Security Solutions
Khalid Al Shams
Director, Jebel Ali Ofce Partner, MMIT
Dr.Christian Vogt
B. Kannan
Partner International Affairs
Business Head, HR Consulting & BPO
10
Preface
Raju Menon
Managing Partner
Safiya Haji Akbar Mohammad

Partner
The fourth edition of Doing Business in the UAE and UAEs Free Zones could not have come at a more opportune time. The only constant, that is change, is making its presence felt across the Gulf region. Economies are on high gear not driven by oil alone. The market dynamics is reflected in the way the world perceives the region too. There is a renewed interest in emerging economies like the UAE, which is fast becoming an investment hub for foreign investors. The well-rounded growth in all sectors of the economy be it banking, trade and finance, real estate, commodities, services or media has translated into a greater need for authentic information. This is only natural in the face of emerging developments including the sustained enthusiasm in the stock market and the coming of age of the commodities and financial markets in the UAE. Business is no longer governed by the simple logic of demand and supply. Entrepreneurship has entered a phase wherein the right information channel propels the direction of growth of any business venture. It is in this context that the fourth series of this hand-book comes with a well-delineated two-part structure. The first profiles three vital segments of the economy industry, services and trade. The second deals with the intricacies of doing business in finance, commodities and banking. Both the sections have been evolved through careful research and extensive background check to ensure that the right information has been culled and collated for the benefit of any investor who is totally new to the region. Old-timers might recall how this handbook has evolved from a simple one-stop information capsule outlining the elementary business modules of the UAE and its free zones. This edition, in marked contrast, is a reflection of the changing times as well as the shifting dynamics of the regional economy. We would like to put on record our appreciation for the wholehearted support all of you have extended to our editions. Indeed, your feedback has been our prime mover; your response has helped us nurture, shape and build on this venture. When we embarked on this, we never imagined the scope of work that would await us in the coming years. Every year has seen radical changes in the way you could do business in the UAE. But then again, some things havent changed. Those - the investor-friendly environment, the infrastructural support, the swiftness and efficiency of governmental and Free Zone departments, the hospitality of the people form the bedrock of doing business in the UAE. That, indeed, is a solid one, built over many centuries of trusted trading links fostered far and wide.
Best Regards,
Board of Partners
Morison Menon
11
Facts About United Arab Emirates

Location Geographic Coordinates Total Area Boundaries Climate Coastline Population
: : : : : : : : :
Middle East; Eastern Coast of the Arabian Peninsula, in the South Western part of the Arabian Gulf Between the latitudes of 22o and 26.30o North and longitude of 51o and 56.30 East.
83,600 sq. kms
o
Oman 410 Kms; Saudi Arabia 457 Kms Desert; cooler in eastern mountains 1318 Kms + 1500 Kms adding by Nakheel Water Front projects 4.32 million (comprises local population and expatriates from South Asia, Far East, Middle East, Europe and USA) Federation with specific powers delegated to the UAE Federal Government and other powers reserved to the member emirates 7 Emirates viz., Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quiwain, Ras Al Khaimah, Fujairah
Government Type
Administrative Divisions
Capital Independence Legal System
: : : : : : : : : : : : : : : :
Abu Dhabi 2nd December 1971 (from UK) Federal court system introduced in 1971; all emirates except Dubai and Ras Al Khaimah have joined the federal system; all emirates have secular and Islamic law for civil, criminal and high courts.
Languages Currency Political Parties GDP
Arabic (official), Persian, English, Hindi and Urdu Arab Emirate Dirhams (AED) None
AED 424 billion (US$ 115.63)(2005)

AED 379 billion (2004)
Inflation Rate (consumer price)

Exchange Rate Major Trading Partners Major Export Products
Major Import Products Taxation Customs Duty
3.2% (2004)
US $ 1.00 = AED 3.667 Japan, China, USA, UK, India, Pakistan, Iran, S. Korea, Germany, Italy Crude Oil, Natural Gas, Re-Exports, Aluminium, Dried Fish, Dates
Manufactured goods, Machinery, Foodstuff, Transportation equipment. No corporate, personal and withholding taxation
5% import duty (No import duty on industrial raw materials)

22nd ( UNCATD) USA, Australia, Singapore FTA through GCC : EU, China, India & Pakistan
Position to attract FDI Countries to which FTAs negotiation in progress
12
Doing Business in UAE and UAE Free Trade Zones 4th Edition 2006
The Country
Geographic Location
The United Arab Emirates extends along the coast of the Gulf, from the base of Qatar peninsula to a short way beyond Ras Al Khaimah and across the Mussandum peninsula to the Gulf of Oman. The Federation comprises the seven emirates of Abu Dhabi (the capital), Dubai (the thriving commercial capital), Sharjah, Umm Al Quiwain, Ajman, Ras Al Khaimah and Fujairah. In all, the UAE covers an area of about 83.6 thousand square kms.
Climate
UAE lies within a subtropical zone with very hot summers, high humidity, mild and pleasant winters. Rainfall is erratic generally, lasting for a few days and rarely exceeding 5 to 10 inches a year.
above. The Federation was established on 2nd December 1971 of six Emirates, then the Emirate of Ras Al Khaimah joined the Federation on the 10th of February 1972. According to the constitution, The Supreme Council of the Federation is the highest political authority in the country. It consists of all the Rulers of seven Emirates. The President and the Vice President of the State are elected by the Supreme Council and from its members, The President appoints the Prime Minister with the consent of the members of the Supreme Council. The members of the Federal Government are appointed by a decree from the President upon recommendation from the Prime Minister. The Federal National Council (FNC), which consists of representatives of each Emirate, is the Legislative Council (Parliament). It exercises the authority to discuss the sanction
In 2005, the population of the UAE was estimated to have reached 4.32 million Immigrant employees who form a large portion of the population predominantly from the Indian Subcontinent, Iran, Europe and other Arab countries. Expatriates are attracted to UAE by the opportunities offered by the rapid development of the country.
Culture
Arab Islamic culture dominates the lifestyle of UAE. However, it is tolerant of the different creeds and beliefs of its large expatriate community. Arab heritage and folklore finds expression in poetry, dances and songs. The traditional allpervasive hospitality gives a great deal of charm to life in UAE. Cultural activities of other nations are very much popular in this country.
of all Federal Laws and then refer them to the Supreme Council for enactment.
Nature of Business Activities

The UAE economy has witnessed rapid economic developments. Even before 1957, the economy of the Emirates constituting the Federation, under their self-ruling system, was dependent on the available natural and human resources. Economic resources varied in each Emirate in accordance to the area, population and the abundance of the resources of each of them. They were almost wholly dependent on certain activities such as pearl fishing and trading, fishing, trade, agriculture and some handicraft industries. Each Emirate differed from the other by its relative dependence on a special economic resources. In 1957, another stage of economic development started. It was the beginning of the era of oil producing and exporting in Abu Dhabi,
Language
The official language is Arabic, but English is the common language, Urdu and Persian are also widely spoken. Arabic and English are usually used in business and commerce.
Political System
The United Arab Emirates is a Federal Sovereign State which consists of 7 Emirates mentioned
Morison Menon
13
The Country
Population
Dubai in 1969, and then in Sharjah. This stage had witnessed the increasing importance of the oil sector since the huge amount of revenues it provided in comparison with other sources of the national income. This rendered the traditional economic activities to become less important, particularly the sector of pearl fishing and trading. Since then oil and its related industries have become the backbone of the UAE Economy.
The Economic Policy

The economic policy of UAE is based on safeguarding and respecting the individual freedom in ownership of the means of production, practicing any type of business activities and providing all facilities. There are no restrictions on
services from abroad, but without establishing a physical presence in UAE, may find it advantageous to appoint a commercial agent. The main provision of the Federal Commercial Agency Law No 18 of 1981, as amended by Law No 14 of 1988, is that an agent must be a UAE national, or a company 100 per cent owned by UAE nationals. A commercial agent may not carry out activities in the UAE unless its name is entered in the Commercial Agency Registry maintained at the Ministry of Economy.
Distributor
It is possible for an overseas trader to appoint a local Distributor to distribute the products in UAE market. Unlike a Commercial Agent, the
imports and exports except some minor customs and administrative duties. The government plays a supervisory role in issuing legislation, which organize the functioning of the various economic sectors while causing no hindrance to the business activities.
Distributor can be any local, registered company including companies with foreign ownership.
Other Regulations
Import duties are largely standardized at five per cent (except for tobacco products (100%) and intoxicating liquors 50%) but there are many exemptions, including food, medical products and any item destined for the Free Trade Zones. Trade practices in UAE are in line with normal international standards. As a sophisticated market, full technical specifications should be provided with CIF UAE prices and Middle East references. UAE is a member of WTO. Only importers who have appropriate trade licence can undertake imports into UAE. Before 1984, each emirate viz., Dubai, Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, Umm
Trading Regulations of UAE

International manufacturers and exporters may conduct business with UAE by concluding transactions directly with importers and traders who are already established in the market. This type of arrangement may be suitable for low-volume trade. However, for an ongoing business relationship, overseas companies may well want to consider a more permanent form of representation.
Commercial Agencies
A foreign company wishing to supply goods and
14
ADVANTAGES OF UAE FOR BUSINESS

Pro Business Attitude Best Regulatory Environment Multi-lingual workforce The Best Connected Location in the Region Consistently Strong Economic Outlook Easy Access to Regional Markets Strong Foreign Trade Thriving Tourist Destination Cosmopolitan Work Environment Exemption from corporate, withholding and inheritance taxation No taxes and duty levied on profits or production No restrictions on profit transfer or capital repatriation 5% customs duties [certain items are fully exempted] Attractive working environment No personal income tax No currency restriction
firm by all their assets, which may not be applied to foreigners as in most of the cases their assets are usually abroad.
2.
Partnership in-commendam (Limited Partnership)

It is a firm consisting of one joint partner or more who is liable with all his money for the firm and another in-commendam partner or more who shall not be responsible for the liabilities of the firm except to the value of his share in the capital. According to law, all joint partners in such type of firms should be nationals of the UAE.
3. Public Shareholding Company (PJSC)

Public Shareholding Company is a company with a capital divided into equal negotiable shares. In such companies a shareholders liability is limited by the number of shares held by him. Minimum capital required to form a Public Shareholding Company is AED 10 million (US $ 2,727,025) with a nominal face value of AED 1 100, for a banking entity it is AED 40 million and for insurance and investment companies it is AED 25 million. Among the other requirements for the establishment of a public joint stock company is the preparation of a founders agreement, a prospectus or invitation for public subscription supported by an overall business plan or feasibility study, an auditors certificate, a due diligence survey and a memorandum & articles of association. A PJSC must have at least 10 founder members and its management should be vested in a board of directors consisting of a minimum of three to a maximum of fifteen persons whose term of office may not exceed three years. The Chairman and majority of the Directors in a public shareholding company must be UAE nationals. In addition , at least 51% of the shares of the PJSC should be held by UAE nationals. The founder members may only hold 45% of the share capital, as 55% is required to be offered to the public. The Law stipulates that the companies engaged in banking, insurance or financial activities should be run as public share holding companies.
Setting up a business entity in the UAE

Al Quiwain and Fujairah, followed its own procedures governing the operations of foreign business interests. In 1984, Federal Law No. 8 of 1984, its amendment by Federal Law No. 13 of 1988 - the Commercial Companies Law and its by-laws have been issued. The law makes it conditional that the companies be wholly owned by nationals or that nationals own at least 51% of its share capital, while the remaining 49% may belong to foreigners. (The proposal to increase the percentage of shareholding capital by foreigners in a LLC is under discussion). The law provides that commercial companies established in the UAE must take any of the following legal forms:
1. General Partnership Company

It is a firm which consists of two or more partners who are jointly and severally responsible for all the firms liabilities. Partnership companies are confined to UAE nationals only because partners are responsible towards the liabilities of the
Morison Menon
15
Procedures to set up a Public Shareholding Company

Name Capital Duration of the Company Memorandum of Association
General Assembly:
The founding members shall invite the subscribers to a general assembly meeting within 30 days of the close of subscription.
: : : :
To be derived from the purpose AED 10,000,000 To be decided by the founder members To be prepared in consultation with the standard Memorandum of Association available with the Ministry of Economy
Quorum:
of the owners of the shares
If no quorum:
Second Meeting After 30 days; quorum is
half of the owners of shares Third Meeting After 15 days; no quorum required After the general assembly within 7 days, application for declaration of company to be in existence to be provided to the Ministry. Minister will issue a decree within 30 days regarding the establishment of the company.
Number of founding members Committee to continue
: :
Minimum 10 3 5 members among founding members
Subscription:
Founders
: :
20% or above but less than 45%. Certificate from the bank to be provided
25% of the commercial value. Balance 75% within a period of maximum 5 years. (However, subject to companys contract.)
Subscription of Money
4. Private Shareholding Company

A Private Shareholding Company is incorporated by a number of persons not less than three. Unlike public shareholding company, a private shareholding company cannot invite the public for subscribing in its shares. The minimum share capital to form a private shareholding company is AED 2 million (US $ 545,405). The Chairman and majority of the Directors in a private shareholding company must be UAE nationals.
Period of Subscription Minimum Subscription
: :
10 90 days 100%
Entities, looking for raising finance through Initial Public Offering, (IPO) must have completed 2 years profitable operation in UAE
Application Procedure:
A
1. Application 2. Memorandum of Association 3. Feasibility Study of the Project Application to be submitted to the Ministry of Economy 4. Permission from the Emirate where the company is intended to be established. 5. Suggested completion period of the execution of the project to start its operations to be provided
5. Limited Liability Company(LLC)

A Limited Liability Company is the most common form of business entity currently formed in UAE. A limited liability company can be formed by a minimum of two and a maximum of 50 persons whose liability is limited to their shares in the companys capital. The minimum equity participation by UAE national is 51%. Capital required to form a limited liability company in Dubai is AED 300,000 (US$ 81,811) contributed in cash or in kind. However, in other Emirates viz., Abu Dhabi, Sharjah, Fujairah,Ras Al Khaimah,Umm Al Quiwain, and Ajman. the capital requirement is AED 150,000 (US$ 40,906). Profit or loss distribution can be prescribed and responsibility of management of an LLC can be vested in the foreign or national partners or third party. The shares of such com-
B
1. The Ministry shall set up a committee to study the project 2. The committee shall prepare a report within 2 weeks of the application 3. The Ministry shall issue a decision within 60 days from the date of application. If the decision has not been issued within the period the application is deemed rejected. 4. If the application is rejected, the applicants can contest before Civil Court within 60 days.
16
pany are not open for subscription by the public and they do not issue negotiable shares. tutions, banks, money exchange etc central bank; new industrial project, expansion ministry of finance and industry; publishing, printing, newspaper, advertising, video film, photography etc ministry of information; education, training etc - ministry of education; agriculture, veterinary etc ministry of agriculture; customs clearance, freight forwarding, sea cargo etc seaports & customs authority, telecommunication equipment ministry of communication; branch of foreign company, insurance company, chartered accountants firm etc ministry of Economy), legal consultancy - rulers office - engineering & contracting - municipality.
PROCESS OF ESTABLISHING A LLC
Obtain initial approval for name and activity from the Department of Economic Development or the Economic Development Department/ Municipality/the Chamber of Commerce. Obtain approval from concerned Ministry/ Department in case the activity is of special nature. Draw up companys Memorandum of Association and have it notarized from courts of respective Emirates. Capital contribution certificate to be obtained from banks for cash shares and auditors certificate for both cash shares and kind shares. Submit applications and initial approval along with notarised copy of Memorandum of Association, capital certificate, tenancy contract etc., to the Department of Economic Development or the Municipality. After scrutiny by the legal department, the Company name will be entered in the Commercial Register and have its Memorandum of Association published in the Ministry of economy bulletin. The Department of Economic Development or the Municipality will then issue the licence.
6. Joint Venture
(Consortium Company)
Department of Economic Development: Licencing

Authority in the Emirate of Dubai.
A Joint Venture is a type of company where two or more partners agree by contract to share the profits or losses of one or more commercial enterprises, which will be carried on in the name of one of the partners. Contract of Joint Ventures may be written or oral and not required to be notarized. Third parties can recourse only to the partners with whom they deal. However, should the Joint Venture be disclosed to the third parties, all the partners are liable to the third parties. Existence of Joint Venture may be proved by any method of proof.
Economic
Development Department: Licencing of Commerce: Licencing
7.
Authority in the Emirate of Sharjah.
Municipality/Chamber
Professional Companies (Professional Partnership)

A firm shall be regarded as a professional company which practices a profession as its main object and that partners rely on their livelihood on the intellectual effort they exercise more than on profiting from the business of others. On this basis the professional companies are set up between professionals or partisans and carry out non-commercial activities. The firms, which are, registered as professional firms may only practice specific activities and not extend that to commercial activities. Such activities include rendering
Authority in other Emirates.
Activities requiring special approval

Licence to practice majority of the activities are directly issued by the licencing authority in the respective emirate. However, certain activities require special approval from the related Ministry/Department. (for e.g., medical, pharmacy etc ministry of health; air transport, air cargo etc dept. of civil aviation, financial insti-
Morison Menon
17
the services of legal practice and consultancy, auditing, organizing and keeping accounting records and books, civil engineering, architecture consultancies and services, managerial and economic consultancy and studies, technical services, medical and curative services, educational services and other similar services.
8. Proprietorship Firm to practice professional activities

ship) (100% foreign investor/s owner-
Foreign investors are permitted to practice certain types of professional activities without having a national partner. Such activities are legal consultancy, IT consultancy, management consultancy, marketing consultancy and similar services. However, it is a condition that the firm must have a
local service agent and accordingly the service agency contract is required to be authenticated by a notary public ( except for legal consultancy services).
The primary requirements and characteristics of commercial agencies are: 1. Commercial agents must be UAE nationals or companies incorporated in the UAE and owned entirely by UAE nationals. 2. Commercial agents must be registered with the UAE Ministry of Economy to engage in commercial agency activities. 3. The agency agreement must be registered in order for the agent to avail himself of the protections afforded under the law and to have the agency relationship recognized under UAE law. 4. Commercial agents are entitled to an exclusive territory encompassing at least one Emirate for the specified products (Article 5(1) of the Commercial Agencies Law). 5. Unless otherwise agreed, commercial agents are entitled to receive commissions on sale of the products in their designated territory irrespective of whether such sales are made by or through the agent (Article 7 of the Commercial Agencies Law). 6. Commercial agents are entitled to prevent products subject to their agency from being imported into the UAE if the agent is not the consignee. 7. Commercial agents are entitled to receive compensation from the principal if the agency is terminated without substantial justification or if the agency is not renewed by the foreign principal, and the agent may be able to preclude the foreign party from appointing a replacement agent in such circumstance.
9. Appointing a Commercial Agent (Exclusive Distributor)

Foreign investors may appoint a commercial agent to represent their interests in the UAE instead of establishing a permanent presence. The UAE Commercial Agencies Law (Federal Law No. 18 of 1981, as amended by Federal Law No. 14 of 1988) regulates and governs the appointment of commercial agents, sales representatives, and distributors in the UAE. This law defines a commercial agency as any arrangement whereby a foreign company is represented by an agent to distribute, sell, offer, or provide goods or services within the UAE for a commission or profit.
10.
Opening a branch or representative office of foreign company

The Companies Law, in article (313) allows a foreign company to exercise its main activity in the UAE by opening a branch or a representative office. The difference between the two is that the foreign company which opens a branch in the UAE may exercise freely the activities for which it is licenced whereas a representative office may practice only promotional business for the products and services provided by the parent company. Unlike a foreign branch, a representative office cannot conduct business operation or market directly its product. In order to engage a foreign branch to conduct its operation in UAE, it should obtain a licence from the
18
Ministry of Economy prior to obtain the licence from the concerned authority in the respective Emirate. Foreign companies licenced to operate in UAE may not start their activities before being inscribed in the Ministrys Register of Foreign Companies. The main stipulation for opening a representative office or a branch of a foreign company in the UAE is to appoint a Service Agent who should be a UAE national. A service agent is not an empowered agent who can bind his principal as explained in the definition of the term agent in the Commercial Companies Law. A service agent is not responsible to undertake any financial obligations concerning the activities of the companys branch or office within the UAE or abroad. He should not interfere in the matters related to the companys management or activities. His duties towards the company and others are confined to providing such services as required by the principal. These services usually include obtaining of entry/ residence permits, acquiring of the necessary licences or facilitating the processing of its transactions with the government authorities. The service agent is remunerated in lump sum for the services rendered to the foreign company, which shall be subject to an agreement between him and the company. Foreign companys branch or representative offices are required to submit a bank guarantee of AED 50,000 favoring the Ministry being part of the licence processing procedure. The licence of the foreign companys branch/representative office shall be cancelled if it is not renewed within two years after the expiry date and the fee due to the Ministry shall be deducted from the guarantee. Agreement in Riyadh on 7th June 1981, with a view to coordinate and unify economic, financial, monetary, commercial and industrial legislations and UAE endorsed this agreement in 1982. It is conditional as per the Federal Law No. 2 of 1989 concerning permitting the GCC citizen to conduct a business operation in UAE that the investor should be a natural person residing in UAE and practice the required activity by himself and have a licence to practice the activity in his country of origin.
Setting up of Branch of GCC Companies in Dubai

The Department of Economic Development(DED), Dubai has recently released a circular clarifying
the procedures of setting up Branches of GCC companies wholly owned by GCC nationals. The circular stipulates that Branches of GCC Companies shall be required to register only in DED and the concerned parties shall not refer to the Ministry of Economy, provided other Government Departments approvals may be required for the activities in question. The GCC companies shall not be required to appoint Service Agents. If there are shareholders who are not from the GCC in the mother company, such company shall be considered as a foreign company and is required to register at the Ministry of Economy in accordance with usual procedure.
11. Establishments by GCC Citizens

The states of the Gulf Cooperation Council (the UAE, Saudi Arabia, Sultanate of Oman, Qatar, Kuwait and Bahrain) signed the United Economic
Morison Menon
19
Doing Business in Abu Dhabi

Abu Dhabi
is the political capital of UAE and counted as one of the beautiful cities in the world. It possesses 96% of the total oil reserve of the country. The Emirate offers multiple investment opportunities involving almost all economic sectors; particularly those import substituting projects and those export-oriented projects. Abu Dhabi offers attractive investment incentives for investors from any part of the world. Its oil and gas sector provides a high competitive potential mainly for chemical and petrochemical industries and products. The first commercial quantities of oil were found in 1958. Exports began four years later. Ongo-
ness in Abu Dhabi. Current expansion and development of the oil and gas industry, which ADNOC administers, translates into projects, mostly for heavy industry, worth many millions of dollars.
General Procedure for Acquiring Licences

The Abu Dhabi Chamber of Commerce & Industry and Department of Planning & Economy approve the required trade name and the Abu Dhabi Municipality Licensing Committee and Department of Planning & Economy review applications for licenses. The relevant competent authority is then involved for the approval of documents and the Chamber issues the membership certificate on approval from the authority. The Municipality and Department of Planning & Economy license is finally acquired after all requirements to rules and regulations as applied by the Municipality
ing exploration, both on and off shore, has so far identified one tenth of the worlds crude reserves, enough, even at the present rate of production of over 2 million barrels a day, to last another one hundred and fifty years at least. Finding oil was the first step. Before it could reach the tanker ships there had to be massive construction of rigs, pipes, tanks and terminals, which brought a surge of industry and investment to Abu Dhabi, and it is still happening. In 1971, the government of Abu Dhabi, in common with other major oil producers in the Middle East, negotiated new concessions with its foreign partners securing the controlling interest in its precious oil resources. Gas reserves belong wholly to the government, The Abu Dhabi National Oil Company (ADNOC) was established to administer the industry. ADNOC is usually the first port of call for those wanting to do busi-
and Department of Planning & Economy have been met. The Ministry of Economy is also involved if the applicant is a commercial company. Further, the Abu Dhabi Government issued the local law No. 5 of 1998 concerning the procedures of issuing the licences in the Emirate. Accordingly, licences issued by respective concerned authority shall be categorized as:
(1)Agricultural (Fisheries & Livestock) Licence (2)Industrial Licence (3)Commercial Licence (4)Professional Licence (5)Vocational Licence
Industrial Sector of Abu Dhabi

Specialized Economic Zones
The goverment of Abu Dhabi recognizes the
20
importance of the industrial sector and has always belived it to be the pioneering sector of economic development. The Industrial zones in different part of the Emirate come under the supervision of the Higher Corporation for Specialized Economic Zones (HCSEZ). HCSEZ is charged with creating a suitable enviornment for industries being set up in Mussafah Industrial City, Al Ruwais Industrial Area and the Al Ain Industrial Area.
tries Zone 5: Building & Construction related materials Zone 6: Advanced Technology Industries
Availability of Natural Gas

The Mussafah Industrial Area is the only industrial area which supplies industrial gas. Normal Gas Unit Price is 4 Dirham/MBTU. Gas connection installation cost depends on factors such as size, distance and input. Land rent starts from 10 fils/sq. ft.
Higher Corporation for specialized Economic Zones

The mission of the Higher Corporation for specialized Economic Zones is to provide Economic Parties with the best services that add value to their works and to promote and develop the economic investment in the Emirate of Abu Dhabi so as to meet the needs of the Emirate within the perspective of sustainable Economic development. The newly founded body, under chairmanship of the Abu Dhabi Economic Department, has the task of providing support structures for establishment and management of specialized zones in the capital. The Abu Dhabi Department of Economy has emerged over the last two years as a driving force in the development of non-oil industries in the emirate.
Starting a Project
An Industrial Project requires the approval from General Industrial Corporation, Abu Dhabi Chamber of Commerce and Industry and the Abu Dhabi Municipality and Town Planning Department.
Industrial City of Abu Dhabi (ICAD)
Mussafah Industrial City

Mussafah Industrial City is one of the most important industrial and investment centres in the emirate of Abu Dhabi. It is 30kms from the Abu Dhabi City Centre, and boasts of very good road network linking it with Abu Dhabi and the other emirates. It is situated at about 30kms from the Abu Dhabi International Airport and 40 Kms from the Zayed Sea port (Port Zayed). The Mussafah Industrial area covers 14 sq.kms and is made up of six varieties of industrial zones based on their activities.
Zone 1: Automobiles, Machineries & Spare Parts shops Zone 2: Food, Textile & Soft drink manufacturing Zone 3: Engineering works, Wood and Herbal Industries Zone 4: Chemical, Plastic & Petrochemical Indus-
ICAD is located 30 kilometres from the centre of Abu Dhabi City and 25 kilometres from Abu Dhabi International Airport. It has shown very rapid recent growth with 355 major manufacturing companies employing more than 30,000 workers. The City provides all basic services and facilities for a wide range of industrial activities.
Land Rental Rate (Approximate)

Standard: 50 fils per sq.ft Sea side: AED 2 per sq.ft
Khalifa Port and Industrial Zone

Abu Dhabi government plans to construct a new seaport and an industrial city at Taweelah situating on the Dubai-Abu Dhabi coastline. The new port and industrial zone are in line with the current strategy of the local government to step up its pace of development in industrial, economic and tourism sectors. It is expected the new initiative shall help to increase the competitiveness
22
and enhance the image as a globally recognised hub for investment and international trade. The Khalifa Port and Industrial City will be located at the geographically attractive area having access to deep water, power generation centres, and proximity to major expressways. The first phase of the city is expected to be completed in 5 years and entails an industrial estate, ancillary and supporting commercial and residential developments. The industrial zone will be a public-private joint venture and the sectors of industries are yet to be announced. The total financial outlay of the project is estimated as AED 8billion.
Three basic types of Industrial Units offering offices, toilets & services are available for lease to industries that would like to start in ready made buildings.
Cost of Services
Water Electricity Natural Gas
Unit Type 01 Unit Type 03 Unit Type 04
AED 2.20 /C.M 15/Kilo Watt-H AED 4 /MBTU

2000m 1000m 500m
Construction & Real Estate Sector

The UAE dominates the Gulf construction sector with AED 130.6 billion worth of projects under construction in 2005, accounting for 63.7% of the total value of projects under construction in the GCC states. The construction sector in UAE is booming and at an all time high. Its output grew at an average annual rate of 11% over the last decade, rising from AED14.5 billion in 1996 to AED 25.4 billion in 2004. Given the wave of real estate development during the last few years, the average growth rate during 2002-2004 exceeded 16% annum. The Real Estate GDP of UAE in 2004 stood at AED 29.5 billion and 40% of this was from the emirate of Dubai.
100% Ownership for Foreign Investors

Reflecting the aim of Abu Dhabi Government to transform its economy into a well-developed,
Property Law
modern and diversified economy, a landmark law has been enacted in 2006 to allow 100% ownership to foreign investors in certain of the industrial sectors. Initially the ownership shall be allowed in Industrial City-2 (ICAD-2) for those companies engaging in oil and gas related activities. ICAD-2 is a10 sq. kilo meters mixed industrial estate for accommodating dedicated oil and gas industrial services complex, as well as a building materials cluster. The law gives regulatory powers to the Higher Corporation for Specialised Industrial Zones (HCSEZ) to deliver on Abu Dhabis new economic diversification drive by developing a new economic model of public private partnership, granting companies 100% ownership, issue licences & permits, provide tax exemptions, issue customs deferrals, carry out municipality functions and provide utility services.
In August 2005, President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, in his capacity as the ruler of Abu Dhabi, issued a law regulating the right to own and transfer real estate for citizens and expatriates. The Law states that the right to own properties shall be limited to UAE nationals and other corporate bodies wholly owned by them. GCC citizens will be entitled to properties within the areas designated for investment. Foreign Nationals will have the right to own surface property, but not the land itself, in investment areas. Expatriates will have the right to arrange all their properties on it and to derive benefit from the real estate based on a long term land title agreement which shall last for 99 years or a long term surface ownership agreement of 50 years.
Classification of Contracting Firms

Morison Menon 23
Advanced Industrial Units
Contracting Firms have been classified under Regulation (4) by the contractors classification committee in the year 1980. Under this law, contractors/engineering firms are recognized under the following classifications as mentioned in the table below.
Classification Conditions
Category
Minimum Financial Conditions Value of capitals & Assets (AED)

20,000,000
Technical Conditions Permanent Technical Staff
Experience conditions Contracts executed during the last 6 years before applying for classification
Three contracts at least well executed, value of each not less than 80,000,000
Estimated value of the contracts that he may participate in

More than 50,000,000
Special
1. Full time Engineering and technically specialized staff consist at least of: Senior Engineer with experience not less than 15 years. - Engineer with experience not less than 12 years. Two Engineers with experience not less than 10 years each 2. Full time Accounting staff
First
10,000,000
1. Specialized Engineering & Technical staff consists at least of: - One Engineer with experience not less than 12 years. Two Full time Engineers with experience not less than 5 years each. 2. Full time Accounting staff.
1. Full time Specialized Engineering & Technical staff consists at least of: Engineer with experience not less than 10 years. - Engineer with experience not less than 5 years. 2. Full time Accounting staff.
1. Full time Specialized Engineering & Technical Staff consists at least of: One Engineer with experience not less than 7 years. 2. Accountant. Full time Specialized Engineering & Technical Staff consists at least of: One Engineer with experience not less than 5 years. Full time Specialized Engineering & Technical Staff consists at least of: - One Engineer with experience not less than 3 years.
Two contracts at least, well executed, value of each not less than 40,000,000
More than 20,000,000 up to 90,000,000
Second
5,000,000
Two contracts at least, well executed, value of each contract not less than 20,000,000
More than 10,000,000 up to 50,000,000
Third
3,000,000
Fourth
1,000,000
Two contracts at least, well executed, value of each not less than 10,000,000 Two contracts at least, well executed, value of each not less than 3,000,000
-----
More than 5,000,000 up to 30,000,000

More than 2,000,000 up to 15,000,000
5,000,000
Fifth
500,000
24
Procedures for Contractor Classification Registration

A Contractor, who wishes to register in the Contractor Classification Registration, will have to submit an application to the Committee Secretariat enclosing the following certificates and documents
1. Chamber of Commerce Membership Certificate 2. Commercial Registration Certificate. 3. Report from a locally registered audit firm regarding financial position of the applicant 4. List of technical staff, along with approved certificates of their qualifications and experiences.
nies and establishments, which have their main office outside the United Arab Emirates and have no branch office in the UAE. Their participation in contracting works, shall be according to the current laws and regulations, provided that this will be limited to the specialized technical works, which cannot be performed by the contractors who are classified under the provisions of this systems.
Engineering Consultancy Firm Requirments for registering Foreign Company Branch
Document
of the Resident Engineer(R.E) not
less than 10 years experience duly certified.
5. Certificate for all contracts carried out by the applicant duly approved by the concerned authorities.
Copy
of the Resident Engineers passport as
well as his University Degree in Engineering.
The Contractor shall be granted a certificate for the categories and specializations he has been classified in, and this certificate should be renewed every two years. Final decision of the Contractors Classification, shall be published in the official gazette. Only contractors whose names are recorded in the classification register are allowed to participate in tenders offered by governmental departments for contracting works. Governmental departments may invite the Contractor to participate in contracts falling under the category he is classified in. However, exceptions are given to foreign compa-
Power of Attorney to the (R.E.) duly attested to

act as manager and representative of the office.
Partnership contract duly attested.(if any). Certificate A

of incorporation, duly attested,
written undertaking to employ an engineer-
ing team after the issue of Licence.
Previous experience and projects, duly attested,

showing value of projects and type of works with completion certificates and contracts.
26
Board
Dhabi.
Resolution to open a branch in Abu
Copies of the degree certificate of the UAE
National and of his passport. Previous experience of executed projects. Documents of the engineer, manager of the Partnership contract with the engineer, (if
All
supporting documents should be duly
attested by the concerned authorities, then by the Embassy and UAE Ministry of Foreign Affairs.
branch with power of attorney, duly attested. any). Certificate of incorporation inside and outside
Sponsorship contract (if any) duly attested. Undertaking from Main Office to accept responsibilities of the Branch Office.
UAE for the Foreign office. Sponsorship Contract (if any). An undertaking to transfer the engineers
Rudiments For (New) UAE Local Licence.

experience of more than 3 years.
UAE National holding B.Sc in Engineering with
A technical manager should be appointed in
the office who should have ten (10) years experience as Resident Engineer.
Copy of the owners passport. No

Objection Certificate in case the UAE National is a government employee. An undertaking to appoint the Engineering
team of the office, civil, architecture, or as required. sponsorship and to appoint the Engineering team
Rudiments For Consultancy (Branch of UAE Firm)
Office
after obtaining the licence.
Copy of the Municipality Licence.
Morison Menon
27
DOING BUSINESS IN
Dubai
Types of Licences issued in Dubai

1. Trade Licence
A trade licence is issued to a natural or juridical person to practice any trading activity for the purpose of profit making through buying and selling of goods. These licences are issued for engaging wholesale or retail trade enterprises, contractors, hotels, transport and storing establishments etc., A Trading Licence can be a General Trading or Specific Trading. A specific trading licence limits the scope of activities to trade in only closely related items. [For e.g. a company can not trade in building materials, if its licenced activity is trading in computer peripherals]
From its earliest days, Dubai has been involved in trading. For over six centuries, its creek has provided a safe haven for the merchant vessels laden with goods from Dubais traditional trading partners in the Far East, Indian subcontinent and Africa. In the past, these goods were sold to the camel caravan tribes in the vast desert hinterland. Today, the city is a major re-export centre and the world comes to shop in Dubai. Dubai was also once one of the worlds foremost pearling centres. The emergence of cultured pearls in the 1930s could well have devastated the economy, however, Dubai with a reputation as a world centre for trading in gold and other pre-
cious metals continues right up to this day. Dubai is the second largest of the seven Emirates. The Late Ruler of Dubai, His Highness Sheikh Rashid, together with late His Highness Sheikh Zayed, former President of the UAE, were instrumental in forming the federation, which has brought stability and prosperity to the region.
2. Industrial License
An industrial licence is issued to a natural or juridical person to practice any investment activity, the object of which is to discover natural resources or transform raw materials in terms of its structure or appearance into manufactured products or to transform the semi-manufactured products into fully manufactured products by using mechanical power and segregate the products, filling, assembling or packing them.
Procedure for Licencing in Dubai

The Department of Economic Development, with the institutional support from the Dubai Chamber of Commerce & Industry, is the statutory body that regulates and controls the licencing procedures for an entity in Dubai. It was formed to organize and activate industry as well as internal and external trade in the Emirate and prepare studies relating to industrial and commercial activities.
3. Professional Licence
A professional licence is issued to a natural or juridical person to practice any profession in which he depends on his physical or mental efforts rather than depending on a cash capital. This licence is issued to practise certain professions such as engineering consultancy, other consultancy services and studies, auditing and
28
Doing Business in UAE and UAE Free Trade Zones 4th Edition 2006 Engineering firm operating in Dubai shall adopt one of the following forms: a) A Local Engineering Firm
Local Engineering Firm is the firm owned by one or more UAE nationals who are entered in the Register. One or more expatriates may have share in the ownership of the firm, provided that they are entered in the Register and maximum such ownership allowed is 49%. A local engineering firm may be classified as follows:
UAE national (not less than) Category I Category II Category III 10 5 3
(i) Engineering Consultancy (Dubai Municipality Requirements)
accounting, business, medical and educational services and similar services.
To be a UAE national To be holder of a BSc. Degree in engineering from a recognized university in one of the engineering fields for which he requires to obtain a license To have experience in the specialization field not less than three years after obtaining the university degree To be a member of the Engineers Association in the Country Not to be an owner or a partner in any of the contracting companies nor building materials
Number of Years of Experience Expatriate (not less than) 15 10 5
trading companies
b) An Associate Engineering Firm

A local engineering firm classified as First Category may associate with a Foreign Engineering Firm in establishing not more than one Associate Engineering Firm to carry out some specialized engineering works, provided that such firms should have previously practiced the engineering profession for a period not less than 10 years inside or outside the country in the field required to be licenced.
Expatriate persons may, pursuant to the stipulations and conditions provided for, apply for registration in the register of engineers subject to the following conditions:
To be exclusively dedicated to the business of the Engineering Firm To have experience in the concerned engineering field not less than 5 years after obtaining the university degree. Expatriate engineer must reside in UAE not less than 9 months in a year. One more expatriates may join the firm, provided they are entered in the Register of Practicing Engineers and the maximum shareholding in the capital allowed shall not exceed 49%.
c) An Expert Engineering Firm

An Expert Engineering Firm is the firm carrying out some of the sophisticated specialized engineering works. Its work shall be limited to provide opinion to the local engineering firms, the associate engineering firms or any of the official bodies. The applicant of the Expert Engineering Firm licence must hold a scientific degree in a
Morison Menon
29
Doing Business in Dubai
sophisticated engineering specialization, have practiced the profession in his sophisticated specialization for a period of not less than 15 years and required to carry out the activity personally. It is conditional for an Expert Engineering Firm (if the licencee is an expatriate) to appoint a UAE national as Local Service Agent whose domicile is in Dubai.
statement of such projects shall be attached with supporting drawings and documents. The foreign engineering branch office in the Emirate should have devoted technical staff of high qualifications as follows: a) Each of the licensed fields of activity to be practiced should be lead by an engineer whose experience is not less than 15 years in sophisticated specialization and it is permissible to appoint one of the specialization heads as a resident office general manager. b) The specialization head should be assisted by a number of assistant engineers whose experience is not less than 7 years and that their number should be consistent with the volume
d) A branch office of Foreign Engineering Firm

Foreign Engineering firm Branch Office is defined as the branch established in the Emirate by one of the foreign specialized engineering firms. Licensing of the same shall be limited to the fields of sophisticated specialization not commonly provided by local engineering firms.
Conditions for granting licence:
The foreign engineering branch office should have high technical qualifications and specialized in one or more of the sophisticated engineering field and existing in the native country for a period of not less than fifteen years. The management of the firm should be vested in a manager in charge, entered in the register of practitioners of the engineering consultancy profession, whose experience in the practice of profession is not less than 15 years. A registered local engineer may also be assigned for the management of the firm, provided that he is totally devoted to the business of such a firm. The head office of the firm in the mother country should have carried out a number of projects of large technical and financial value. When submitting the application for the license, a full
of the current works assigned to the firm and that the head office should undertake to appoint the number necessary to reside in the Emirate throughout the period of carrying out the projects which require their presence.
(ii) Medical and Related Professions (Ministry of Health, Department of Health and Dubai Municipality Requirements)
Stage I: Approval by Ministry Of Health
Formal application with local sponsors particulars and suggested trade name Provide address/location of proposed clinic/ pharmacy/centre for formal inspection by the MOH Obtain no objection from MOH
Stage II Approval by Department of Health (DOH)
A DOH qualified manager
30
If the manager is a new appointment he should appear for DOH exam before obtaining permission to proceed for the licence. Exams shall be conducted within 2 weeks time from the date of submitting the application. Upon successful clearance of the exam a formal request letter has to be submitted in the name of a UAE national to the Director, Licencing and Specification Department with passport copy, nationality card, profile about the proposed establishment, experience of the doctor, location etc. Upon reviewing the application, the department shall issue the no-objection letter to the department of Economic Development and Dubai Municipality.
Stage III Approval by Dubai Municipality and issue of Licence by Dept. of Economic Development
rently practicing as a lawyer/legal consultant in the country. 4.A letter of confirmation from the Law Firm stating the applicant is a partner or working with the firm and the number of years. 5.Passport Copy of the Applicant. 6.Two passport size photographs. 7.Qualification Certificate/s duly legalised from the UAE Embassy.
(iv) Management Consultancy (DED Requirements)

To be exclusively dedicated to the business of the consultancy firm To be holder of Bachelor Degree in the field in which he requires to obtain a License. To have experience in the specialization field
Submit formal licence application and name approval form to the Department of Economic Development Submit formal application for permission to the Clinics Department of Dubai Municipality The Municipality/DOH shall conduct formal inspection to satisfy their requirements as per the standards set. The license shall be a professional licence and issued in the name of UAE national. The legal structure shall be sole proprietorship, however, the same may be converted into partnership subject to the approval of the Director (Licencing & Specification Dept) of DOH The partnership must be in the name of a professional doctor. for not less than 3 years after obtaining the University degree. Not to be owner or a partner in any of the consultancy companies. To submit copies of work experience certificates and academic qualifications To obtain a certificate of good conduct and reputation from Dubai Police General H.Q.
(iii)Legal Consultancy(Rulers Office Requirments)

1.A formal letter addressed to H.H. Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai requesting for the approval to practice the activity legal consultancy in Dubai. 2.A detailed profile of the applicant mentioning his/her experiences in the legal consultancy field ,i.e., curriculum vitae. 3.A certificate duly authenticated by the concerned authority confirming the applicant is cur-
Industrial Areas in Dubai

The Dubai Government has allocated a number of Industrial areas and provided them with all necessary facilities, such as internal roads, electric power, water, telecommunication services and other facilities. The local government offers various incentives to the businesses involved in industrial projects. These include exemption from customs duty on import of items for the use of
Morison Menon
31
industrial projects such as raw materials and machinery, in addition to a 10% price preference in government prices over imported goods. There are five basic requirements to be complied by an entrepreneur to start up an industrial project in Dubai.
1. No objection from Dubai Municipality 2. Obtain initial clearance from Ministry of Finance & Industry (Industrial Department) 3. Apply for industrial licence with Department of Economic Development 4. Arrange the factory site (such as preparation of factory site, installation of
machinery, import of raw materials etc.) 5. Register the project in the Industrial Register at the Ministry of Finance & Industry
The Industrial areas, which can accommodate new manufacturing projects, are the following:
Ras Al Khor Industrial Area Al-Quoz Industrial Area Al-Safa Area Al Khubaisi Area Um-Ramool Industrial Area Al-Qusais Industrial Area Jebel Ali Industrial Area
661 hectares 1838 hectares 20 hectares 102 hectares 391 hectares 545 hectares 84 hectares
Dubai Investments Park (DIP)

Location Promoters Size Zoning in DIP Close to proposed Jebel Ali International Airport Dubai Investments Park Development Company (LLC) 33,950,000 sq. meters Industrial Zone Commercial Zone Residential & Recreational Zone Education Zone Type of Industries Cosmetics, food, light engineering, logistics & distribution, paper products and plastics. In short DIP is focusing mainly on small and medium sized industries Manufacturing US$ 4.10[AED 15] per sq.meter Warehousing/Storage US$ 13.10[AED 48] per sq.meter Up to 30 years, renewable for further 30 years 51:49
Features:
Price competitiveness for fully devel oped plots No hidden charges Different size of plots Complete infrastructure Equity participation by Dubai Investments PJSC Easy access to major freeways, Jebel Ali sea port and airport Water supply network Wastewater collection and treatment Diversification to create infrastructure suitable to attract high-tech industries
Approximate Land Rental
Lease Period Ownership
32
Dubai Industrial City (DIC)

Location Promoters Size Zoning in DIC Close to proposed Jebel Ali International Airport Dubai Holdings 560 million sq. feet Zone 1 Food and Beverage Zone 2 Base Metals Zone 3 Mineral Products Zone 4 Transport Equipment and Parts Zone 5 Machinery and Mechanical Equipment Zone 6 Chemicals Zone 7 Logistics Zone (Trans PARK DUBAI) Zone 8 Academic Zone AED 2.5 - 3.00 per sq.feet [US$ 0.68 - 0.82] (Minimum 100,000 sq.ft to be leased)
special logistic needs of the tenants. It has specialized facilities from warehousing, labeling and packaging to advanced transportation systems.
Education
Land Rent Lease Period Ownership
30years, renewable for further 50 years 51:49 (100% foreign ownership is at proposal stage)
Academic zone will host the first Engineering University in Dubai. The Engineering University will be established in partnership with one of the leading globally branded schools. Several technical training centers will also be set up in partnership with prominent business houses to cater
Features:
International Standards
to skill needs of specific sectors.

Amenities
Activities in Dubai Industrial City will be governed under international safety, quality & environmental standards. Dubai Industrial City will introduce the Dubai Quality Mark (DQM) for products manufactured in the city.
Industrial Fund
The Dubai Industrial City will be a complete city of its own, with a Downtown area that will have varied facilities such as hotels, entertainment, conferences & residential complex areas.
Single Window Clearance
Dubai Industrial City is setting up a multi-million dollar fund to provide financial products tailored to the needs of the industrial sector. The fund is being set up in conjunction with leading banks, investment houses and prominent business groups in the region. The fund will be managed by globally renowned industrial fund managers.
Advanced Logistics: TransPARK - Dubai
Dubai Industrial City also offers a One Stop Shop providing a single window of clearance for government services, support services and access to labor from all over the world.
One of the major segments and attractions of the Dubai Industrial City will be a dedicated Logistics Park. This will be especially designed to meet the
Morison Menon
33
DOING BUSINESS IN
the authority to issue a licence to set up a project in the Emirate of Sharjah. Investment in Sharjah is based on a legal and organizational framework of the distinct applications. Accordingly, licences are issued under the following legal and organizational frameworks: a) Licences as per the Federal Framework discussed at the beginning of this book b) Licences as per the Regional Framework and ministerial decision applicable to GCC citizens c) Licences as per the administering of laws and local orders issued by HH the Ruler of Sharjah d) Practicing professions and crafts by non-citizens according to the local order No. 1/1991
SHARJAH
Being the third largest of the seven emirates, which form the United Arab Emirates, Sharjah is located on the Arabian Gulf in the West and the Gulf of Oman & the Indian Ocean in the east, offering the investor the best of both the worlds. Sharjah is the only Emirate to have land on both, the Arabian Sea and the Indian Ocean. Sharjah encourages the flow of investments in various production and service sectors. Emphasis is given to cementing the mutual forward and backward linkages between the different sectors, whereby the inputs and outputs of each sector would be utilized adequately
to serve and enhance the growth of other sectors. The government welcomes foreign investments in the fields of manufacturing industries, trade, tourism, financial services and transport. In its drive to diversify the economy and source of income, Sharjah gives continued and active support to the industrial sector as an inherent component of its policy. The Emirate concentrates and understands the role of private sector that accelerates the contribution to the national economy. Priority is allotted to project proposals that are capital intensive, utilize sophisticated technology, use locally available raw materials and are environment friendly.
As per this law, non-citizens of UAE can practice professions and crafts within the following bounds: Sole Establishments, provided that the number of employees in the establishment does not exceed five. Civil Companies organized by Federal Civil Transactions Law No. 5/1985 article 683-690. This relates to a company where two or more persons agree to undertake a work and guarantee such work, against an accepted wage. They may also jointly or severally distribute the work among them, ensuring harmony in operations. Both the sole establishment and the civil company should appoint a local service agent who will not be financially liable to them. These organizations
Procedure for Licencing in Sharjah

Sharjah Economic Development Department with the joint participation of Sharjah Chamber of Commerce & Industry and Sharjah Municipality is
34
name shall not be registered in the Commercial Register of the Ministry of Economy. However, as per the article (9) of the local order the licensing authority should observe the federal law on granting licences for certain categories of the professions and craft. Practicing activities by non-citizens according to the local order No. 1/1992 (100% Foreign Ownership Establishments) In the above case also the establishment should have a local service agent. The project should achieve the general goal of agricultural reclamation with careful utilization of availing water resources. The project should increase agricultural and animal production. The local order allows non-citizens to embark on agricultural projects on the following conditions:
Commercial Activities
Non-local people are allowed to practice commercial activities through individual establishments with a local service agent. The application to practice a commercial activity through individual Investment privileges in Industrial Sector The Sharjah Government has developed 17 industrial zones - executed by the Sharjah Chamber of Commerce and Industry - to give an extra boost
establishment needs joint approval of Municipality, Chamber of Commerce and Economic Development Department.
to the development of industry and to encourage industrial investors. This has resulted in a tailormade model industrial zone with state-of-the-art facilities, infrastructure and utilities. It has been set up west of the city, covering 26 sq. kms., with 2,649 individual plots of between 10,000 and 20,000 sq. ft. An ideal location with first-class road links to Sharjahs air and seaports. There is an efficient drainage system and the excellent power and water supplies are subsidized by as much as 70%. As the SCCI is a non-profit organization, plots can be purchased at cost price. The Chamber offers technical advice and assistance in the preparation of preliminary viability studies. The Chamber has also established the Industrial Development Department, which assists in the operational stage by conducting field studies and assessing progress. The Department also assists in
Industrial Activities
The above said local order allows non-local people to practice industrial activities through an individual establishment and a local service agent, provided the following conditions are met:
The industrial project will not be subject to the

provisions of Federal Industrial Law No. 1/79 The project should have high technology and serve the industrial development goals of Sharjah. A preliminary viability study for the project should be submitted to the licencing committee.
Agricultural Activities
Morison Menon
35
Doing Business in Sharjah
full capability production and advises on ways and means of overcoming difficulties. The Government of Sharjah is committed to providing the infrastructure for the expansion of all industrial activity. This industrial area represents 40% of the total land area of Sharjah. It includes manpower-housing areas and is linked by a modern road network to air and seaports. Industrial production costs including that of manpower wages, cost of living and accommodation, are 35% less than they are in the other Emirates. Power and water are also subsidised to an extent of 70% by the Government.
Zones/Sectors
8 Sectors comprises of Industrial Park, Commercial and Residential Areas Land for constructing Warehouse / Commercial Units 21,000-70,000sq.ft Up to 99 years AED 44-53 (US$ 12 to 14.46) per sq ft
Facilities Plot Sizes Lease Period Rental (for 99 years)
Features of EIC
Can accommodate over 3,000 medium and light industrial operations EIC provides a modern comprehensive infrastructure developed at par with international standards
Locally Manufactured products are given a pricing margin of 10% if they are of the same quality and competitiveness as similar imported products. Sharjah applies international specifications and standards in respect of its product classifications. Thus investors find it easy to export and sell goods of internationally recognized quality.
The area provides internal road networks ranging from 24.4 to 70 meters wide All main roads surrounding the project are 100 meters wide, which facilitates the connectivity of the area especially for heavy load trucks Project offers a variety of plot areas and different usages (residential, commercial and industrial) which fulfil the requirements of the different investment plants in the area The permitted building height for commercial/ residential plots is ground plus three floors The basic foundation of the land is ready with all the necessary treatments and ready for construction.
EMIRATES INDUSTRIAL CITY (EIC)

Location Promoter / Developer Established Size of Area Distance Sharjah [Sajaa District, along Dubai Ring Road] Al Hanoo Holding Company 2004 [expect to be operational by early 2006] 83,000,000 sq. feet 40 km from Dubai International Airport
36
property market has seen huge projects taking off
Real Estate in the UAE

The economy of the UAE has been on a steady climb over the past 4 years and the real estate sector has contributed immensely towards this. According to latest statistics, the United Arab Emirates real estate market is inclined to rise to US$63 billion (AED 230 billion) in the next seven years. A study submitted by the National Bank of Dubai estimates the spending on real estate in the UAE at AED 30-35 billion annually. It adds that Dubai controls AED 70% of this spending volume. The real estate sector in the UAE had witnessed an average 4.1% growth level and accounted for 16.5% of the Emirates GDP in 2004. The boom
within a short time. There is enormous potential for growth in the real estate sector in Abu Dhabi after the government introduced a law giving property ownership and transfer rights to foreigners. Seven start-up property development companies are set to launch in Abu Dhabi over the next six months with a total capital of more than US$ 2billion. Some of the major projects coming up in Abu Dhabi are Al Raha Gardens, Al Raha Beach, Central Market, Reem Islands etc. Dubai has been at the epicentre of the real estate boom in the UAE and has created a niche for itself in the worldwide real estate market. Projects such as The Palm, The World and the proposed highest
in the real estate is supported by strong infrastructure investments led by various arms of the government. Growth in the real estate sector has mainly been due to the abundant number of free hold properties rising all over the emirates. Real estate markets have a great impact on the constructions sector and it is no surprise that dubai holds the lions share in construction sector. It is estimated that the UAE dominates the Gulf construction sector with AED130.6 billion worth of projects under construction in 2005, accounting for 63.7% of the total value of projects under construction in the GCC states. As of June 2005, there were a total of 1,825 building construction projects being implemented within the GCC. The UAE leads the market with 820 projects accounting for 45% of the total. Abu Dhabi though a late entrant to the free holds
tower in the world The Burj Dubai Tower have indeed put Dubai on the world map. These awe inspiring projects have cemented Dubais place as one of the most desirable places to live in the world and earned it the title of most hip place to live in. Some of the major ongoing projects in Dubai are The Palm Jumeirah, Jebel Ali & Deira, The World, Emirates Living, Downtown Dubai and the Burj District, Dubai Marina, Dubai Waterfront, Dubai Land, Jebel Ali Airport City etc. It is estimated that the New Dubai area between Jumeirah and Jebel Ali will cater to a population of nearly 2-3 million people by the year 2015. A typical 2 bed room apartment would range from AED 1.5 million to AED 3 million and a 3 bed room villa from AED 2 million to AED 4 million at current market prices. Prices have been constantly varying due to market demand but it is expected that free
38
hold property prices will stay stabilized in the coming years with the introduction of a federal law and proper regulation. Dubai has one of the highest yields in the world. When free hold properties started to materialize in the UAE, a very high percentage of the buyers were investors and few people actually bought them to live or rent out. However with increasing real estate yields (7-8% residential and 11-12% commercial) comparable to worldwide standards, and increasing rents, more and more people are buying properties to rent out or to live in. It is estimated that rents in Dubai have increased by over 23% in the year 2005. Although there are certain pessimistic views on the property markets in the UAE, strong and planned overall infrastructure growth aimed on catering to the rising population and tourist flow have given consumers and investors confidence in the UAE real estate sector over the past few years. This trend is expected to continue with the government placing a lot of confidence and support in the real estate sector. tion in the Northern emirates like the US$ 300 million Al Ameera Village in Ajman, the US$ 8 billion Al Salam City and Emirates modern industrial area in Umm Al Quiwain, the Al Jaber tower in Fujairah, US$ 5 billion Nujoom Islands in Sharjah etc.
What is of further interest to the investor is the tremendous increase in the tourist inflow into the country. This has boosted the number of hotels and rooms available in Dubai. A good portion of the real estate is expected to be used for serviced hotel apartments based on the tourist inflow. The Emirates of Abu Dhabi, Dubai & Sharjah form a good chunk of the real estate development in the UAE. The other emirates mainly Ajman, Ras Al Khaimah, Umm Al Quiwain & Fujairah have recently joined the free hold rush and have drawn ambitious plans to develop themselves. Al Hamra Village in Ras Al Khaimah will feature about 1300 residential units and is the first free hold development in the emirate. The close proximity of Ajman to Sharjah and Dubai has enabled the emirate to cash in on those who work in Dubai and prefer to live in these areas due to the high rental costs in Dubai. Several large projects are under construc-
Real Estate Yields (of Major Cities)

City
Bangalore Beijing Brisbane Chennai Dubai Delhi Guangzhaou Hong Kong Hyderabad Kolkata Mumbai Seoul Shanghai Singapore Sydney Tokyo
Source:NBD Investment Research
Yield Rates Commercial

11.0-12.0% 9.60% 7.0-8.0% 11.0-12.0% 11.0-12.0% 7.5-9.5% 9.0-10.0% 3.95% 11.0-12.0% 8.0-12.0% 10.0-12.0% 8.00% 8.90% 5.0-5.5% 6.5-8.0% 4.0-8.0%
Residential
6.0-7.0% 8.30% NA 3.5-5.0% 7.0-8.0% 5.0-6.0% 2.40% 3.75% 6.0-7.0% 5.5-7.0% 5.0-7.0% NA 7.50% 2.0-3.0% NA NA
Morison Menon
39
Real Estate in the UAE
Key Communities
Al Hamra Village Ras Al Khaimah Nujoom Islands - Sharjah Dubai Investment Park Dubai Business Bay Dubai Dubai Land Dubai Jumeirah Beach Residence Dubai The Green Community - Dubai Arabian Ranches Dubai Burj Dubai Dubai Downtown Dubai Dubai Dubai Marina Dubai Emaar Golf Homes Dubai Emaar Towers Dubai Emirates Hills Dubai Meadows Dubai Old Town Dubai Springs Dubai The Burj Residences Dubai The Greens Dubai The Lakes Dubai The Links Dubai The Parklands Dubai The Views Dubai Umm Al Quiwain Marina Discovery Gardens Dubai Dubai Water Front Dubai International City Dubai Jewel of the Palm Dubai Jumeirah Islands Dubai Jumeirah Lake Towers Dubai Jumeirah Village Dubai The Lost City Dubai The Palm, Deira Dubai The Palm, Jebel Ali Dubai The Palm, Jumeirah Dubai The World Dubai Mangrove Islands Ras Al Khaimah Porto Arabia Ras Al Khaimah Saraya Islands Ras Al Khaimah Shams Abu Dhabi Abu Dhabi Al Ameera Village Ajman Al Salam City Umm Al Quiwain Dubai Lagoon - Dubai
Master Developer
Al Hamra Real Estate Al Hanoo Holdings Dubai Investments Dubai Properties Dubai Properties Dubai Properties Union Properties Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Emaar Nakheel Nakheel Nakheel Nakheel Nakheel Nakheel Nakheel Nakheel Nakheel Nakheel Nakheel Nakheel RAK Properties RAK Properties Saraya Holdings Sorouh Tameer Tameer Town Centre Mgt Ltd
Note: This list is not all inclusive and lists all major developments that were available at the time of research.
40
Corporate Initiatives of Dubai Government

[Some of the major holdings and subsidiary entities]
The Corporate Office (TCO)

Ports, Customs & Free Zone Corporation DP World Group Nakheel Group Dubai Multi Commodities Centre Group Al Aweer Free Zone Group Jebel Ali Free Zone Authority Tejari Dubai Customs Techno Park Platinum Yacht Repairing FZCO Dubai Maritime City Jadaf Dubai Dubai Drydocks
Dubai Holdings
Dubai International Capital E-hosting datafort Dubai Internet City Dubai Media City Dubai Knowledge Village Dubai Outsource Zone Dubiotech Dubai Studio City International Media Production Zone Dubai Health Care City Samacom Dubai International Properties Dubai Properties Dubailand Jumeirah International Dubai Humanitarian City Dubai Industrial City Arabian Radio Network Dubai Energy City Dubai Investment Group Empower Energy Solutions
Dubai Aerospace Enterprise (DAE) [formed by a

consortium of six partners - Emaar, Dnata, Mercator, ENOC, Amlak and DAFZA] [subsidiaries, yet to be named]
Airport Development and Operations Aircraft Maintenance, Repair and Overhaul (MRO) Aircraft Leasing and Finance Aerospace University Research and Development Centre Components & Engines Manufacturing Facility
Morison Menon
41
General
Information
Customs Procedures (Dubai)
Importer Code
An importer code is a pre-requisite for importers. This is issued to traders who hold valid trade license issued by the economic or municipal departments in the UAE. Importers are allowed to import only goods in the category specified in the license.
exhibitions must be re-exported within 90 days of import. Permits to such exhibitions which are issued by the concerned authorities must be presented at the time of import. Equipment imported for temporary use in construction, scientific research, development projects, for repair or maintenance are given sufficient time to reexport considering the period of contract or other documentary evidence to justify the period required.
Transit
Consignments received through bill of lading and consigned to a destination outside the UAE, and dispatched overland are cleared on a Transit Bill. The agent should submit to Customs (a) Delivery Order by the Shipping Agent (b) Copy of Bill of Lading or Manifest (c) Evidence of value
Import Bills
The normal imports for local or any other AGCC country consumption is cleared on Import Bills. The documents required are:1. A delivery
order from the Shipping Agent in duplicate. 2. Original Invoice 3. Original Certificate of Origin 4. Packing List 5. Bill of Lading Second original. On presenting the above documents, customs will collect customs duty, if applicable, and clear the import bill.
(if available or else Customs will estimate.) (d) Deposit or Guarantee amounting to the potential duty liability shall be required which will be refunded or released on production of proof of exit of the goods out of the UAE within 30 days of the Transit Bill date.
Import for Re-export

Consignees, with Customs approval, may import goods with the intention of re-exporting them within 180 days, on payment of a deposit or submission of a bank guarantee in lieu of duty. In these cases the deposit or bank guarantee is refunded/released on proof of re-export. Goods remaining in the UAE after 180 days are liable for duty payment.
Transshipment
Consignments received through Bill of lading and consigned to a destination outside the UAE and dispatched by sea direct from the port (SHIPSHORE-SHIP or SHIP-TO-SHIP) are cleared on Transshipment Bill. The ships Agent should submit to Customs a Delivery Order. Re-Export Procedure for goods of foreign origin: (a)Documentation Requirement: Original Invoice Re-export Declaration duly completed Copy of the import bill for re-export
Temporary Admission
In both the cases documentation is the same as for Import for Re-export except declared as for Temporary Admission. Goods imported for
42
In the case of vehicle re-export, export permit from the Traffic Department is required. (b) Goods imported for re-export are subject to Customs inspection before they are reexported in order to get the deposit refunded or guarantee released (c) The re-export is cleared on an Export Bill. While re-exporting goods on which is the importer intends to claim the deposit paid on importation, the following documentation should be completed. In the case of vehicle export, export permit from the Traffic Department is required. Export Declaration must not be raised for export covered by Free Zone, DFSA, Transit Bills. The export is cleared on an Export Bill
Customs Procedures in Jebel Ali Free Zone

The Jebel Ali Customs Centers (JACC) clears altogether six types of bills depending on the movement of the consignments being cleared (a) Free Zone Bills of Entry (BOE): The required documents for clearance: The Delivery Order (DO) issued by the shipping agent, original invoice issued by the supplier, packing list (P/L), Bill of Lading (B/L), certificate of origin (COG). If the client possibly lacks any of the above documents, refundable amount of AED.500 should be paid, claim of which should be forwarded to the Jebel Ali Customs Centers within 60 days from the bill date. The incoming FZ consignments must be sealed while delivering at the free zone. (b) Ex-FTZ Export Bill: These types of bills are cleared on a deposit payment ( usually cash/cheque/guarantee) and usual registration charges (deposit is not applicable for the clearance of bill for ship-shore-ship forwarding). The required documents for clearance: original invoice prepared by the licensee, P/L, Delivery Advice by licensee and exit/entry certificate. The refund claim should be submitted within 60 days from the bill date though the exporting time limit is only 30 days. In addition to the deposit, 10% of the FOB price would be collected as penalty if the client has failed to submit claim together with the attested copies of the exit/entry certificate within the stipulated time. The Jebel Ali Customs Centers issues Road Transport and GCC Transit Manifests towards this. And if it is forwarded by country crafts the Transit and Export (sea freight) Manifests would be issued while proce-
Re-Export by:
(a) Road:
An Exit/Entry Certificate duly certified by the customs inspector evidencing the stuffing or packing etc. and by the customs authorities at the point of exit Road Manifest.
(b) Sea:
An Exit/Entry Certificate duly certified by the customs inspector evidencing the stuffing or packing etc. and by the customs authorities at the point of exit; and Clear the export Bill.
(c) Air:
An Exit/Entry Certificate duly certified by the customs inspector evidencing the stuffing or packing etc. and by the customs authorities at the point of exit Airway bill Export Bill.
(d) Exports by launches or other country crafts:
An Exit/Entry Certificate duly certified by the customs inspector evidencing the stuffing or packing etc. and by the customs authorities at the point of exit. Export Manifest. Export Procedure for Goods of UAE Origin: There is no duty on exports, but shippers are required to provide Customs with the following information: Original Invoice Export Declaration duly completed
Morison Menon
43
General Information
dure remain the same including deposit payment and registration charges. In all cases the licensee should produce the copy of the license together with other documents. (c) Ex-FTZ Import Bill: This is cleared on duty payment (if dutiable) plus registration charges. Document: original invoice and DA by licensee, copies of licenses of seller and buyer. The Free Zone Bills Of Entry, if any, should be referred to separately. (d) FTZ Internal Transfer Bill: This is cleared on payment of only the registration charges. Required documents: invoice by the seller showing items sold to the buyer (both will be FZ licensees), DA by seller, suppliers original invoice, letter showing transfer of ownership signed by both the seller and buyer and licenses of both
seller and buyer. (e) Ex-FTZ Import Bill for Re-Export: This is cleared on payment of deposit (cash/bank guarantee) and registration charges. This is a beneficial facility the DP & C have extended to the sole authorized agents representing multinationals in the UAE markets to import goods into the local market from them instead of importing it from overseas. To qualify to do this business transaction, the local agent should produce to the JACC an Agency Registration Certificate issued by the Ministry of Economy in UAE along with the FZ licensees letter confirming the respective agents representation in UAE market for their products. Required documents: DA, sellers original invoice, copies of the licenses of both parties. It must be re-exported within six months. Additional 60 days has been given for the claim settlement. 5% duty will be collected for the items
that have not been re-exported. (f) Ex-FTZ Temporary Exit Bill: This is cleared on payment of deposit and registration charges. The goods being taken out of JAFZ temporarily for overhauling/repair/exhibition/etc. are cleared on this bill. Documents: DA, invoice and copy of license. When the item/s is brought back or taken out of JAFZ it is checked together with the bill copy and the deposit will be refunded as per the finding of the Customs Inspector. The goods temporarily taken out of the Free Zone on this bill should be brought back within 90 days and the claim for refund of deposit should be submitted to the JACC within 30 days of the expiry time of bringing the goods back to the FZ. In other words, within three months from the bill date, claim for refund to deposit must be made. Export Through Jebel Ali Free Zone (JAFZ) Goods purchased in local market could be forwarded to destinations through the JAFZ port. It could be sea-freighted by both the individuals and organizations. The prescribed Declaration Form is to be filled up and produced to the JACC along with the respective invoice at the time of exportation. The Vehicle Clearance Certificate issued by the Dubai Traffic Department of the Dubai Police is to be submitted, in addition, if the consignment forwarded is of vehicles. Dhs.10 is collected on Miscellaneous Receipt (MR) towards this by the JACC.
Miscellaneous
The record of the spares used for repair/overhaul of machinery within the FZ should be maintained by the concerned licensee for JACC verification. The JACC reserves the right to verify stock records of the licensees in the FZ. Corrections on documents prepared by the JACC are made on payment of AED 10. For all Free Zone Export Bills, whether deposit paid or not or, otherwise, exported on shipshore-ship basis, the key document of exit/entry certificate with full endorsement by the exit point Customs authorities should be submitted to the JACC within the stipulated time.
Customs Deposits
In order to speed up clearance procedures in cases such as Imports, Import for re-export and overland transits, consignee or agent can pay
44
a deposit to Customs as a security against duty liability.
Types of Deposit:
Duty Deposit: Paid in lieu of duty when a possible exemption is expected or in cases where the documents evidencing exemption are not available at the time of clearance. Deposit against original documents: Collected against lack of original invoice, certificate of origin, packing list, bill of lading etc. Import for Re-export/Ex.Free Zone Import for Re-Export Deposit: Collected on goods imported and cleared on ReExport Bills. Transit and Inter-port Transfer Deposits: Collected on goods cleared on Transit Bills Ex.Free Zone Overland Export : Collected on goods exported out of Free Zones and cleared on Ex.Free Zone Export Bills. Temporary Admission Deposit: Collected on goods imported and cleared on Temporary admission bills. Deposit for lack of documents: Deposit against lack of documents is AED.500 against each document. Transit Deposits are usually equal to the duty value of the consignment. But Customs shall determine what is to be paid in individual cases. Customs decision in such cases is final. Deposit payments are rounded to the nearest AED.100. Refund of deposit: Claims for refunds must be submitted to the Customs Office where payment was made. Refund cheques can be collected from the payment office or the Customs Main Office as preferred by the Shipper. Claims for refund of Deposits are subject to time limits. In summary they are as follows: Deposit against original documents: Refundable if claimed within 60 days. Claims submitted after this period shall be subject to the following rates of deductions:
Claims submitted within 30 days from the expiry date : Deduction of 25% of the deposit. Claims submitted within 31 to 60 days from the expiry date: Deduction of 50% of the deposit. Claims submitted after the expiry of the above period will be totally rejected. Customs Duty Deposit: Refundable fully if claimed within 60 days. Claims submitted after this period shall be subject to the following rates of deductions: Claims submitted within 30 days from the expiry date: Deduction of 10% of the Deposit. Import for Re-export Deposits: The goods must be re-exported within 180 days from the date of the bill. Refundable in full if claimed within 240 days. Claims submitted after this period shall be subject to the following rates of deductions: Claims submitted within 1 to 60 days after the expiry date: Deduction of 15% of the deposit. Claims submitted within 61 days to 90 days after the expiry date: Deduction of 30% of the deposit. Claims submitted within 90 days to 120 days after the expiry date: Deduction of 45% of the deposit. Claims submitted after the above period will be totally rejected.
Transit and Free Zone Export Deposits:

Goods must leave the country within 30 days. Refundable fully if claimed within 45 days. Claims submitted after this period shall be subject to the following rates of deductions: Claims submitted within 15 days from the expiry date: Deduction of 25% of the deposit. Claims submitted within 16 to 45 days from the expiry date: Deduction of 50% of the deposit. Claims submitted after the above period will be totally rejected. Apart from the above, a penalty of 10% of the value of the cargo will be imposed in case of failure to export goods cleared for export from
Morison Menon
45
General Information
the Free Zone.
Bank Guarantees
There are occasions when Customs will accept Guarantees instead of payment by banks so as to allow companies to facilitate their operations. Guarantees are only acceptable if issued by a Bank in UAE and the text must be in a form acceptable to Customs. The period may be limited but in many cases the Guarantee is automatically renewed each year.
Auction of Goods
When goods are not removed from Customs premises within the stipulated period (3 months for FCL cargo, vehicles and road moving equipment, 6 months for LCL and one month for refrigerated and dangerous containerized cargo), they are sold in public auction by Customs. The sale proceeds are appropriated as follows:
1. In payment of auction expenses, customs duties, port charges and other government charges. 2. To settle the carriers lien on the goods against their proven claims within one year from the date of auction. The balance shall be retained for one year for reimbursement to the owner of documents of title against proven claim.
Standing Guarantees
Clearing and Forwarding Agents, Consignees and all e-clearance consignees having export may apply to Customs for permission to provide a Standing guarantee as security instead of making a cash deposit payment for each consignment. The following time limits and payments will apply to bills cleared for import for ReExport under Standing Guarantee: Goods should be re-exported within 180 days from the date of the bill. Additional 60 days will be allowed to submit the claim for release of the guarantee Claim submitted after 240 days, the following percentage of fine will be applied on the guaranteed amount: Claim submitted within 241 to 270 days 15% Claim submitted within 271-300 days 30% Claim submitted after 300 days from the bill date will be totally rejected and the guaranteed amount in full should be paid. In case of non re-exportation Full amount of duty must be paid within 30 days after the expiry of the time limit for re-exportation (180 days) Otherwise for delayed payments, the following payments will be applied: Dhs 1000 if duty is paid within 31 60 days after the expiry date. Dhs 2000 if duty is paid within 61 90 days after the expiry date. The Standing Guarantee facility shall be withdrawn in case the payment is delayed beyond the above periods.
The proceeds shall be transferred to non-refundable government funds if no claims have been proven within one year from the date of auction.
Restricted Goods
The following goods are not allowed to be imported without a previous permission from the concerned government bodies:
1.All kind of weapons and ammunition. 2.Alcohol and liquor. 3.Pharmaceuticals used for medicinal purposes. 4.Chemical, organic fertilizers, agricultural fixers and lethal plant epidemics. 5.Seeds and agricultural arboretums. 6.Medicines and medical drugs. 7.Publications, visual and audio tapes. 8.Telecommunication equipment. 9.All foodstuffs.
46
10.Living bees and bee queens. 11.Fireworks and explosives. 12.All kinds of camels. 13.Habara falcons. 14.Equine breed (horses, mules, donkey, ponies and zebras). exemptions from customs duties. The goods whose importation is prohibited in certain member States while permitted in other member States shall be directly imported through the importing State or through another member State that permits entry of such goods provided that such goods shall not transit the territories of the member States that prohibit importation of these goods. The foreign goods imported into the GCC States from the free zones shall be subject to the customs duties when exiting these zones and shall be treated during movement to the other member States the same as other foreign goods. The common customs tariff of the GCC Customs Union shall be 5% on all foreign goods imported from outside of the Customs union with effect from 1st January 2003. Customs duties are collected at the first customs point of entry of the GCC States with the world as of 1st January 2003. The shares of the member States of the customs proceeds shall be distributed according to the final destination of the goods for the first three years following the establishment of the GCC customs union (Transitional Period).
GCC Customs Union

The GCC customs union was implemented effective from 1st January 2003 based on the following principles: A Common External Customs Tariff for products imported from outside of the GCC customs union. A Common Customs Law. Unified customs regulations and rules applicable in all member States. Unification of the internal customs, financial and administrative regulations and procedures relating to importation, exportation and re-exportation in the GCC States. The free movement of goods among the GCC States without customs or non-customs restrictions, while taking into consideration the implementation of the veterinary and agricultural quarantine regulations and the prohibited and restricted goods. Treatment of the goods produced in any of the GCC States as national products. Any land, sea or air customs port of the GCC States that has connection with the external world shall be deemed as a point of entry of the foreign goods into any member State. The first customs port of the GCC States vis--vis the external world shall conduct the inspection of the goods imported to any member State, verify their conformity to the required documents, ensure that they do not contain any prohibited commodities and collect the applicable customs duties. Unification of the restrictions imposed on the goods permitted to be imported subject to the fulfilment of certain conditions in all the GCC States. The adoption of unified rules for importation and movement of the government imports and of
Goods taken from the free zones into the customs office shall be treated as foreign goods even if incor porating local
* have been collected prior to their admission into the free

zones.
raw materials or articles on which customs duties and taxes
Morison Menon
47
General Information
Abu Dhabi Sea Port

Port Zayed (Mina Zayed)
Port Zayed (Mina Zayed) is the main seaport of Abu Dhabi. Operated by Abu Dhabi Sea Port Authority, the port has 21 berths with individual depths varying between 9.5 and 15 meters, allowing the arrival of all types of commercial trans-ocean ships. In addition to the normal port services, Port Zayed offers the facility of Fresh Water, Towage, Launch Services, Provisions, Repatriation,
Port Tariffs
Container Handling and Storage Charges
20 ft. loaded full 20 ft. empty 40 ft. loaded full 40 ft. empty 20 ft. use of special equipment 40 ft. use of special equipment 20 or 40 ft. moving inside vessel 20 or 40 ft. moving inside vessel and off-loading on to quay 20 ft. transhipment 40 ft. transhipment AED 200 100 250 150 250 300 75 150 150 200
Gyco/Radio Repairs, Fumigation, Bunkering, Medical, Surveys, Rubbish Collection, Container repairs and temperature controlled warehouses. It has 13 berths dedicated for cargo services.
40 ft. or 20 ft. elec. supply to reefers per 24 hrs 20 ft. stripping in L.C.L shed 40 ft. stripping in L.C.L shed 20 ft. stripping without moving to shed 40 ft. stripping without moving to shed
80 150 200 100 150
Storage Charges
First 30 days Free of Charge
During the second month, as from the date of arrival of goods During the third month, as from the date of arrival of goods During the fourth month, as from the date of arrival of goods For each day onwards:
20ft TEU AED/Per Day 10 20 20 25
40ft TEU AED/Per Day 20 25 30 35
48
Shipping Liners calling Port Zayed

Afris Line APL Arab Line Autoliners (Hual) Baltic Shipping Co Barber Shipping Bon Voyage Co Choyang CMA-CGM CMBT
Hyundai Merchant Marine Integrated Feeder Services Jordan National Shipping Line K- Line Kingswood Maersk Line Mediterranean Shipping Co Messina Line MISC MOL Pakistan National Shipping Corpn. Pan Islamic Steamship Co.
Conti-Lines COSCO D.S.R. SENATOR Egyline Ellerman Evergreen Gear-Bulk Global Container Line Global Maritime Global Shipping Hapag-Lloyd Hinode Kisen Hoegh-Ugland HYUNDAI
PanOcean Shipping Co Rickmers Line Sea-Land Senator Line Ship, Corp. of S.A. SIMATECH UASC Uniglory WaInyk Wakl Wanhai Shipping Line Willine (W. Wilhelmsen) X-Press Container Line (WAKL)
Morison Menon
49
General Information
Dubai Port Tariffs

Loading/Discharging of Containers
Std Rate Moves AED
450 508 236 344 665 708 321 494
Upto 20
Full Full Transship Empty Empty Transship
Over 20
Full Full Transship Empty Empty Transship
Additional Services
Jebel Ali to all Free Zone Tenants, Break Bulk Cargo. Jebel Ali Container Yard to all Free Zone Tenants Containers round trip. Grounding of container or move from ground to trailer using hammer Hire of tractor with driver applicable only for Jebel Ali Free Zone Companies and is subject to availability Use of Low Bed Trailer Delivery plus backload of new cargo Inter Port Transfers between Terminals Jebel Ali Container Terminal and Port Rashid Container Terminal : AED 110 per TEU : : : AED 120 per hour Rates plus 50% Rates plus 50% : : : AED 230 per trip per trailer AED 185 per trip per trailer 1 x 40 or 2 x 20 Containers AED 85 per 20 Container; AED 110 per 40 Container
Note: Inter Port Transfer rate is applicable to full Containers only and it includes TLUC.
50
Commercial Trucking Services and charges from Jebel Ali to:

2X2 or 1X40 Container & 1 X 20 General Cargo Container 7 ton truck AED AED AED
Jebel Ali (Outside) Dubai City Sharjah Ajman Umm AI Quiwain Ras AI Khaimah Hatta Dhaid Manama Masafi Fujairah Khorfakkan Dibba Mafraq Suwiehan AI Ain Umm AI Nar Mussafah Abu Dhabi Sadiyat Island Tariff Ruwais Jebel Dhana Habshan Abuhasa 310 395 445 545 615 750 855 720 820 855 885 955 1,020 785 785 1060 785 785 820 1,090 1,230 1,500 1,500 1,435 1,570
Destination
Pusan Pect - Japan Hong Kong Jakarta Jeddah Karachi Kuwait Manila, North Harbour Kobe-Osaka Panjang Sokhna Rangoon Salalah Singapore Tokyo Yokohama
Average Transit time

19 days 16 days 13 days 10 days 2 days 1 day 18 days 25 days 18 days 15 days 13 days 5 days 11 days 26 days 26 days
275 340 410 515 580 720 820 680 785 785 820 885 955 720 720 990 720 720 785 1,025 1,230 1,435 1,435 1,365 1,500
105 240 310 340 410 515 515 445 515 545 615 680 720 410 750 410 410 480 750 820 990 990 955 1025 410
Destination
Brisbane Melbourne Sydney Budapest Copenhagen Hamburg Glasgow Lisbon Manchester Prague Zurich Buenos Aires Colon Free Zone, Panama Atlanta Austin, Texas Baltimore, Maryland Ohio California New York

38 days 33 days 35 days 24 days 30 days 22 days 29 days 33 days 24 days 24 days 23 days 56 days 37 days 34 days 33 days 34 days 33 days 32 days 33 days
Average Transit time to various ports in the world from UAE

[Days are calculated from Jebel Ali Port; +/(-) one day from other emirates]
Destination
Cebu Klong Toey Cochin Chennai Vishakapatnam Mundra Nave Sheva Colombo Doha Haiphong-Vietnam

19 days 15 days 11 days 16 days 21 days 8 days 10 days 7 days 1 day 17 days
Morison Menon
51
General Information
Destination
Mississippi Boston, Massachusetts Carson, California Cedartown, Georgia Chicago Cleburne, Texas Clyde, Ohio Colorado Springs, Colorado Denver, Colorado Elgin, Illinois Michigan Hawaii Alabama Quebec New Jersey Sydney

33 days 34 days 30 days 34 days 32 days 32 days 33 days 34 days 33 days 34 days 30 days 32 days 31 days 36 days 33 days 33 days
Shipping Liners calling Jebel Ali Port, Dubai
Destination
Tampa, Florida Toronto, Canada Vancouver Washington, D.C. Bristol Okalahoma Aarhus, Denmark Amsterdam Antwerp Belfast Florida Pennsylvania Kentucky Virginia

33 days 37 days 28 days 35 days 24 days 34 days 31 days 22 days 18 days 30 days 33 days 33 days 30 days 35 days
APL China Shipping Container Line Compagnie Maritime D`Affretement (CMA) Conti Lines Contship Containerlines Limited Cosco-China Ocean Shipping Delmas Ecu Line Middle East LLC Elite Shipping Line Ellerman / Andrew weir shipping Limited Evergreen Marine Corporation Global Container Line (GCL) Gold Star Shipping Line Hanjin Line Hapag - Lloyd Hoegh - Ugland Auto Liners A/S (HUAL) Hyundai Merchant Marine Ial Container Line Iic Container Line Pte Limited Islamic Republic of Iran Shipping Lines Kien Hung Shipping Company Limited K-Line-Kawasaki Kisen Kaisha Limited Lauritzen Reefers A/S Maersk Sealand Malayasia International Shipping Corporation (MISC) Mediterranean Shipping Company (MSC) Messina Line Mitsui Osk Lines (MOL) National Shipping Company Of Saudi Arabia (NSCSA) Neptune Orient Lines Limited (NOL) Norasia Container Lines Limited Nyk Lines Orient Express Lines Limited (OEL) Orient Overseas Container Line (OOCL) P&O Nedlloyd LLC Pacific International Lines (PIL) Pakistan National Shipping Corporation (PNSC) Pan Ocean Shipping Line Polish Ocean Line Regional Container Line (RCL) Rickmers Line Safmarine Line (SCL) Samudera Shipping Line Sei Line LLC Senator Line Stalco Line United Arab Shipping Company (UASC) Walleniuswilhelmsen Line Wan Hai Lines (WHL) Western Bulk Shipping Line (WBC) Yang Ming Line
52
Sharjah
Shipping Lines Calling Sharjah Ports
K Line American President Line ANL Line Bay Line China Shipping Container Line CMA-CGM Contship Cosco Ethiopian Shipping Line Farmus Line Global Container Line Global Container Line Hanjin Shipping Line Hapag Lloyd Hyundai Hyundai Merchant Marine I.R.I.S.L. Line Integrated Container Feeder Service Iran Marine Services Laurel Navigation Line Maersk Sea Land Mediterranean Shipping Co. Norasia Line NYK OOCL PIL PONL Reef Line Safmarine Samudra Sea Consortium (WAKL & XCL) Senator Line Simatech Line Uniglory United Arab Shipping Co. Wan Hai Lines Yang Ming Line
Schedule of Port Charges

LCL Cargo
20 AED 40 AED
Stuffing & Unstuffing Stuffing & Unstuffing (if cargo is palletized) Removing from warehouse to trailer or vice versa LCL Sorting to sub mark 200 Per frt. Tonne Per frt. Tonne
500 400 10 7.50
LCL Cargo Storage Charges

20 AED Full Import First 10 days 40 AED
Free 15 Free 15
20 AED
Free 30 Free 30
40 AED
Thereafter per day

Export
First 30 days Thereafter per day
LCL Cargo Storage Charges

First 20 days thereafter per freight tonne Per 10 days period 21-40 days 5.00 Or part thereof Thereafter 41-70 days 6.00 7.00 Free AED
Shifting Containers
At line / Agent request on Terminal 75 full or empty At line / Agent request off Terminal 100 full or empty
100 125
Morison Menon
53
General Information
Immigration Requirements for New Entities in the UAE

It is a mandatory requirement to register a new companys name with Immigration Department and the Ministry of Labour & Social Affairs. Since most of the companies recruit their employees from abroad it needs to register a file at the Ministry of Labour & Social Affairs and Immigration Department once they received their trade licence. Without registering with both these departments an entity cannot employ its staff. Upon registering the company/entity shall be issued a registration card from Ministry of Labour & Social Affairs called Establishment/Labour Card. The card issued by Immigration Department is called Establishment/Immigration Card. All the visa applications submitted to both the departments should be accompanied with copy of the above Cards. Employment Permits/Visas: Employment Visa or Permit shall be issued by the Immigration Department for a foreign national in order to work in a company in UAE after the approval from Ministry of Labour and Social Affairs. Employment permit/visa allows the holder to enter UAE once for a period of 30 days and are valid for a period of 2 months. When the employee entered the country on the basis of the employment visa the sponsoring company should arrange to complete the formalities of his residence stamping. It is the preliminary stage to arrange for the health card and medical fitness examination for the employee from a government health center. The employee must undergo for a medical test and obtain a medical certificate. Once the medical certificate is issued by the health department an application for Labour Card should be submitted to the Ministry of Labour & Social Affairs within 30 days of the employees entry into the country. The next step is to submit the application to Immigration Department for stamping the residency on employees passport. All the above formalities should be completed within 60 days of the arrival of the employee in UAE. Investor Visa: An expatriate investor in an LLC company who holds minimum shareholding of
AED 70,000 in the share capital shall be issued an investor visa. Such visas shall be issued directly from Immigration Department and does not need the approval from Ministry of Labour & Social Affairs. In Dubai, it is required to deposit an amount of AED 10,000 to obtain investor visa and if the capital is less than AED 70,000 the deposit shall be AED 20,000. In Dubai, a professional licence holder is also eligible for Investor visa and the required deposit amount is AED 20,000. Residence Visa : A residence visa is required for those who intends to enter UAE for living indefinitely with a person who is already a resident of the country. This type of visa is issued for wife whose husband or son/daughter whose parent is employed in UAE.
It should be noted that if the person who is a resident of UAE stays more than six months period at a time out of the country his permit becomes invalid.
Visa Requirement and Regulations for Visitors to Dubai
AGCC Citizens Citizens of the Arab Gulf Co-operation Council member states (Bahrain, Kuwait, Qatar, Oman, Saudi Arabia) do not need a visa. AGCC Residents AGCC expatriate residents who meet certain conditions may obtain a non-renewable 30-day visa upon arrival at the approved ports of entry.
Citizens of Western Europe and the Pacific Rim
Citizens of France, Italy, Germany, Holland, Belgium, Luxembourg, Switzerland, Austria, Sweden, Norway, Denmark, Portugal, Ireland, Greece,
54
Cyprus, Finland, Spain, Monaco, Vatican City, Iceland, Andorra, San Marino, Liechtenstein, USA, Canada, Australia, New Zealand, Japan, Brunei, South Korea, Singapore, Malaysia, Hong Kong (holders of Hong Kong Certification of Identification may not obtain any type of visa to enter the UAE) and UK Overseas Passport Holders born in China or Hong Kong will be granted a free of charge visit visa on arrival in the UAE. The visa enables them to stay for 60 days. The visa may be renewed once for a period of 90 days for a fee of AED 500. Citizens of the UK (with the right of abode in United Kingdom) are granted a free of charge 30-day visit visa upon arrival in the UAE. rules. Accordingly a visit visa will be issued for three months for a fee of AED 600. It can be renewed for an additional fee of AED 1,200 for another three months, resulting in a total stay of six months. Earlier, a visit visa cost AED 100 for two months and could be renewed for another month at a cost of AED 500. The visitor then had to leave the country after 90 days and return under a new visa. Now those who want to stay for more than three months can remain for six months at a total visa cost of AED 1,800. Under the new regulation, the AED 600 must be paid along with the application, and the visa will be issued for three months, regardless of whether the visitor stays for a month or more. However, this rule does not apply to other types of entry
Entry Service Permit

An Entry Service Permit applies to the following categories and their families accompanying them: company managers, representatives, sales managers, accountants, auditors, delegations from companies or establishments to carry out a commercial activity in the UAE, enquirers requested by any of the establishments/companies operating in the UAE assumed to carry out an urgent task. Such visa is also availed to nationalities authorised to obtain a tourist visa, as per the Ministerial Councils decision. This visa is valid for use within 14 days from the date of issue. The duration of stay is 14 days from date of entry, exclusive of arrival and departure days. It is non-renewable. The Entry Service Permit holder may enter and depart the UAE through any airport.
visas, including those issued to citizens of 33 countries who receive visit visas for 30 days upon their arrival.
Visit Visas
The Visit Visa applies to tourists who wish to spend more than 14 days in Dubai, those coming for family visits as well as those on long-term business visits. It requires the sponsorship of any UAE resident or any company or hotel licensed to operate within the UAE. This visa is valid for entry within two months from its date of issue. The Visit Visa is valid for 60 days and is renewable for a total stay of upto 90 days. A fee of AED 500 is charged for this renewal. The Visit Visa holder may enter and leave the country through any port of entry in the UAE. The Authority has recently amended visit visa
Tourist Visas
A special category of visa under the Visit Visa type is a Tourist Visa, which can be obtained for individual tourists from: East and West Europe, Turkey, Bulgaria, Poland, Ukraine, Albania, Russia, the Hellenic Republic, St Kitts-Nevis, St Lucia, Mexico, Cuba, Bermuda, Belize, Guyana, French Guiana, Martinique, Antigua and Barbuda, Saint Vincent, Kingston, Palao other non-defined American nationalities, Thailand, South Africa, Singapore, China, Malta and Cyprus. The Tourist Visa entitles its holder to a 30 day stay and is nonrenewable. The Tourist Visa requires the sponsorship of hotels and tour operators who bring in visitors from the above listed countries.
Morison Menon
55
General Information
Multiple-Entry Visas
Multiple-entry Visas are availed to business visitors who have a relationship with either a multinational or other reputable local establishments, and who are frequent visitors to the UAE. This type of visa is valid for six months from the date of issue and the duration of each stay is 30 days. The validity is non-renewable. The cost of this visa is AED 1,000. The visitor must enter the UAE on a visit visa and obtain the multiple entry visa while in the country. The visa would be stamped on the passport.
to the UAE embassies in US for a one to ten year multiple entry visa. A sponsor is required to grant such visas and the maximum duration of stay should not exceed 6 months per visit.
German Citizens
German citizens (tourists and businessmen) may apply to the UAE embassy in Germany for a one or two year multiple entry visa. No sponsor is required. The maximum duration of stay of visa holders should not exceed 3 months per year. The visa fee is AED 1,500.
Mission Entry Visa

Expatriate doctors, engineers, lawyers and technicians are entitled to obtain the newly introduced Mission Entry Visa, according to an Interior Ministrys decision. The visa will be issued to those who come for temporary jobs with the permission of the Ministry of Labour and Social Affairs. It is issued for three months for a fee of AED 600 and can be renewed only once for another three months for an additional fee of AED 1,200, along with the permission of the labour ministry. Visas for 90 days are being issued to workers who are needed for special projects. Companies are classified according to their size and performance. A quota is specified for each company and they will only be allowed to bring in a certain number of workers on the Mission Entry Visa. Workers brought in must be provided health care and paid sick leave by the company. The grace period for renewal or departure of a visitor on a 90-day visa will be seven days.
Streamlining Tourism Traffic between Dubai and Oman

Oman visitors (citizens of European Union countries, Scandinavia, America, Canada, Australia, Japan, Hong Kong, New Zealand, South Korea, Taiwan, China, South Africa, Singapore, Malay-
Transit Visas
This is a special type of visa which applies to passengers passing through UAE airports. The passenger can obtain a visa for up to 96 hours. The travel document will be stamped with an entry seal. The visa is only valid if the passenger is traveling onwards from UAE to another destination and not returning to the country of original departure. Only airlines operating in UAE, as distinctly from business, may apply for this type of transit visa.
US Citizens
US citizens (tourists and businessmen) may apply
sia, Switzerland, Indonesia and Iceland) can enter Dubai as a tourist group or individual through Hatta (by obtaining Tourist Entry Permit). Visitors can stay 30 days in Dubai from date of entry. Visa is free, non-renewable and no sponsor is required. Application is filled up through hotel or tour operator. Dubai visitors (citizens of European countries, former Soviet Union, America, Canada, Australia, Thailand, Japan, Hong Kong, South Africa, Singapore, Malaysia and China) can visit Oman as a tourist group or individual through Al Seeb International Airport or Al Wajaja Centre (by obtaining Tourist Joint Visa Statement). Visitors can stay in Oman for 3 weeks. Visa is renewable for additional one-week stay, free and no sponsor is required. Application is filled up through hotel or tour operator.
56
Schools
Name of School
The British School- Al Khubairat Abu Dhabi International (Pvt) School Al Rayyan National Pvt School Al Worood Academy Our Own English High School The American Community School of Abu Dhabi The American International School in Abu Dhabi The Cambridge High School The Sheikh Zayed Private Academy for Girls Abu Dhabi International (Pvt) School Abu Dhabi Secondary School Al Bateen Model School Al Maali International School Al-Shomoo Private School Emirates National School Lycee Louis Massignon The International School of Choueifat Khalifa bin Zayed Secondary School Lebanese International Private School (LIS) Emirates Private Schools The International School of Choueifat Our Own English High School Dubai American Academy Al Khaleej National School American School of Dubai Arab Unity School Cambridge International School Delhi Private School Dubai College Dubai English Speaking School Dubai International School Dubai Russian Private School Emirates International School Horizon School Jebel Ali Primary School Jumeirah College Latifa School for Girls NIMS Group of School
Curriculum
British British British American CBSE American American CBSE. IGCSE UAE & Canadian British, IGCSE Arabic Arabic American, Arabic School American
Location
Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi
Website
www.britishschool.sch.ae www.aisuae.com www.alrayyanschool.com www.alworood.sch.ae www.ooehs-dxb.sch.ae www.acs.sch.ae www.aisa.sch.ae www.tchs-auh.sch.ae www.zayedacademy.ac.ae www.ais.sch.ae www.abudhabischool.sch.ae www.bateen.sch.ae www.maali.sch.ae www.shomointl.sch.ae www.ens.sch.ae www.llm.ae www.iscad-sabis.net www.khalifa.sch.ae www.lebaneseschool.com www.iscalain-sabis.net www.ooehs-dxb.sch.ae www.dubaiacademy.com www.akns.net www.asdubai.org www.arabunityschool.com www.tchs-dxb.sch.ae www.dpsdubai.com www.dubaicollege.org www.dessdxb.com www.dischool.com www.russianschool.net www.eischool.com www.horizonschooldubai.com www.jebelalischool.com www.jc-dxb.sch.ae www.lsg.sch.ae www.nims.sch.ae
International Primary Abu Dhabi Curriculum French school SABIS Arabic Lebanese school British, US, Egytian SABIS CBSE, IGCSE American and IB American American British British CBSE British British UAE Russian IGCSE British British British British CBSE Abu Dhabi Abu Dhabi Abu Dhabi Abu Dhabi Al Ain Al Ain Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Abu Dhabi, Al Ain
Abu Dhabi & Al Ain www.emips.sch.ae
Morison Menon
57
General Information
Name of School
Our Own English High School Regent School The English College The Indian High School The International School of Choueifat The Millennium School The Modern High School The Westminster School Al Diyafah High School Al Imam Malik School Al Mawakeb School Al Rabee School American Academy for Girls Deira International School Dubai American Scientific School Dubai British School Dubai Japanese School Dubai Scholars Private School Gulf Indian High School Jumeirah Primary School Kindergarten Starters Lycee Libanais Francophone Prive Modern Renaissance School Our Own Indian School Pakistan Islamia School
Curriculum
CBSE British British CBSE SABIS CBSE ICSE British, IGCSE IGCSE Arabic UAE Arabic School American British American & International British Japanese British CBSE British CBSE French British CSBE Federal Board of Intermediate and Secondary Education
Location
Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai
Website
www.ooehs-dxb.sch.ae www.regentschooldxb.com www.englishcollege.ac.ae www.indianhighschooldubai.org www.iscdxb-sabis.net:88 www.tms-dxb.sch.ae www.modernhighschool.com www.tws-dxb.sch.ae www.diyafah.com www.emammlk.sch.ae www.almawakeb.org www.almawakeb.org www.aag.ae www.disdubai.ae www.dass.sch.ae www.dubaibritishschool.ae www.japanese.sch.ae www.dubaischolars.com www.gihs.sch.ae www.jpsdubai.com www.kgs-dxb.sch.ae www.llfp.com www.modernrensch.com www.oois-dxb.sch.ae www.pisf.sch.ae
Pristine Private School Rashid School for Boys Saeed Ahmed Lootah Educational Institutions
British British Islamic studies
Dubai Dubai Dubai
www.pristineschool.com www.rashidschoolforboys.sch.ae www.lootah.com
58
Schools
Name of School
Curriculum
Location
Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai, Dubai Fujairah Fujairah Ras Al Khaimah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah Sharjah www.montessorischool.sch.ae www.ooehs-dxb.sch.ae www.regentschooldxb.com www.seschool.ae ww.iscshj-sabis.net www.victoria.sch.ae www.wesgreen.net www.adisuae.com www.eskalba.com www.lgp.ae www.scs-sharjah.com www.shjmodel.sch.ae www.nims.sch.ae
Website
www.apple.sch.ae www.oxford.sch.ae www.sheffield-school.com www.winchester.sch.ae www.bi-st.com www.uips.ae www.uasdubai.ae www.khalifa.sch.ae www.nims.sch.ae www.ais.ae www.ooehs-dxb.sch.ae www.fpa.sch.ae www.iscrak-sabis.net www.dpssharjah.com
The Apple International School British The Oxford School British, IGCSE The Sheffield Private School British The Winchester School British Towheed Iranian Boys School Iranian school United International Private School Filipino Universal American School American Al Ahlia Charity School Arabic School NIMS Group of Schools CBSE Australian International School Australian Our Own English High School CBSE, IGCSE Fujairah Private Academy British The International School of Choueifat SABIS Delhi Private School CBSE Lycee Georges Pompidou French Montessori Private School UAE Our Own English High School CBSE Sharjah American International School American Sharjah English School British The International School of Choueifat SABIS Victoria English School British Wesgreen International School British & Greenbelt Nursery Abu Dhabi Indian School CBSE English School of Kalba British Lycee Georges Pompidou de Sharjah French School of Creative Science British Sharjah Model School Arabic School NIMS Group of School CBSE
Morison Menon
59
General Information
Dubai Education Council

The creation of the new Dubai Education Council is an indication of the commitment of the UAEs vibrant business center to integrating IT into education as the key to maintaining a successful economy, as well as recognition of the need to modernise the education system. The council has been established by the decree of His Highness Sheikh Mohammed bin Rashid Al Maktoum. The Councils board, comprising ten top educational and cultural figures, is entrusted with the task of devising an educational strategy that dovetails with the requirements of UAE society and the IT era. The Council is to be funded through the allocation of 5% of the income from the Palm and Jumeirah Residence projects in Dubai.
Dubai Academic City (DAC) is the next stage of development of Dubai Knowledge Village after its successful launching of Dubai Knowledge Universities, phase I & II. DAC will provide its universities to mature and construct their own campuses for a permanent presence in the region. DAC shall be situated on 150 million sq. feet area comprises student dormitories, sports stadium, accommodation and other amenities. It is expected DAC shall house at least 25 universities with more than 36,000 students. University Licensing: A university licence is issued to the branch of reputed and ranked international universities/ colleges or to universities/colleges accredited by the higher education authority in the UAE.
Accreditation: A university licence is issued after deter-
Dubai Schools Internationally Accredited

Dubai Schools is a new initiative by the Dubai Education Council that will focus on the development of branches of international schools and new schools that meet the quality and accreditation standards of some of the best schools in the world.
mining the rating of the program provided by the institution in its respective country. In addition the program must be accredited by a government body or an autonomous body constituted by the federal government or an industry (incase of technical courses) or professional association (in case of professional courses). Minimum factors being considered while evaluating an institution are : curriculum, learning, student evaluation process, teaching, research, learning resources, consultancy, infrastructure, student support, organization and management practices. University Classification: Universities conducting graduate and postgraduate education program are categorized as: (1) CategoryA: Up to 1000 student; (2) Category-B: Up to Apprx 3000 students and (3) Category-C: Above 5000 students.
Dubai Knowledge Universities [Dubai Academic City]

Dubai Knowledge Universities, a strategic initiative of Dubai Knowledge Village provides a ready start-up campus, allowing universities to incorporate themselves into the market in their first few years of opening without heavy investment of building their own infrastructure.
60
Institutions for Higher Education in UAE

Name of the University
Abu Dhabi Petroleum University Ajman University Of Science & Technology American Inter Continental University American University in Dubai American University of Sharjah Arabic University College Dubai Polytechnic Al Ghurair University Islamic Studies Department - Preston University Ittihad University UAE University University of Law University Of Sharjah University Of Wollongong - Dubai World Al Lootah University Zayed University BEAMS International Educational Institute Dubai Medical College for Girls Dubai University College e-TQM College Emirates Aviation College Emirates Training College Etisalat College of Engineering Gulf Medical College Higher Colleges of Technology Hospitality Management College The Islamic College Sharjah College Skyline College Sharjah MAHE, Manipal BITS, Pilani Middlesex University Islamic Azad Univeristy Shaheed Zulfikar Ali Bhutto Institute of Science & Technology Mahatma Gandhi University Heriot Watt University Dubai Mens Colleges London School of Economics Dubai Womens College S P Jain Center Emirates Institute of Hospitality Management Dubai Institute of Business Management
Location
Website
www.pi.ac.ae Abu Dhabi Ajman,Abu Dhabi, Al Ain , Fujairah www.ajman.ac.ae www.aiustudyabroad.com Dubai www.aud.edu Dubai www.aus.ac.ae Sharjah Sharjah Dubai Dubai Ajman Ras Al Khaimah Al Ain Sharjah Dubai Dubai Abu Dhabi, Dubai Dubai Dubai Dubai Dubai Dubai Sharjah Ajman Al Ain, Abu Dhabi, Sharjah, Dubai Ras Al Khaimah, Fujairah Dubai Dubai Sharjah Sharjah Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai Dubai www.geocities.com www.agu.co.ae www.islamicstudiespu.com www.ittihad.ac.ae www.uaeu.ac.ae www.jurists-uae.org www.sharjah.ac.ae www.uowdubai.ac.ae www.lootah.sch.ae/ www.zu.ac.ae www.beamscollege.com www.dmcg.edu www.duc.ac.ae www.etqm.net www.dac.ac.ae www.emiratestraining.com www.ece.ac.ae www.gmcajman.com www.hct.ac.ae www.hospitality-management -college.com www.islamic-college.co.ae www.shjcollege.ac.ae www.skylinecollege.info www.mahedubai.com www.bitsdubai.com www.mdx.ac.uk/dubai www.iau.ae
www.mgudxboc.com www.hwud.com www.dbm.hct.ac.ae www.iitmedu.ae www.dwc.hct.ac.ae www.spjaindubai.org www.emiratesacademy.edu www.dibm.ae
Morison Menon
61
General Information
Dept of Economic Development, Dubai - License fee particulars

1. Issuance 1.1 Department of Economic Development Initial Approval Booking a trade name Professional/Trade/Industrial Licence regn General Trading Building Contracting Service agent (annually) Licence printing
AED 110 200 550 15,000 10,000 700 50
3.2 Dubai Municipality Difference in market fees (Change of location) Accomodation fees (new partner/ manager)-non UAE nationals
5% of the rent
3.3 Ministry of Economy Amendment
AED 1000 AED
1.2 Dubai Municipality A. Market Fees commercial+professional+Industrial Banks Private property Accomodation fees (non UAE nationals) Waste fees
4. Cancellation 4.1 Department of Economic Development Cancellation fees Advertisement fees
1000 1000
5% of the rent 15% of the rent As per committee decision 5% of the rent As per the report of the waste section
B. Service Improvement fees Local only Local+partner (professional + industrial) Local+partner (commercial) Banks+hotels+furnished apartments
C. Local Fees Local only Local+partner (professional + industrial) Local+partner (commercial) Banks+hotels+furnished apartments
AED 100 300 500 1000 AED 100 150 200 200 AED 3000 3000 1000 AED 550
3000 3000 3000
4.2 Dubai Municipality Fees in item 1-2 above for all licences cancelled after 6 months of their expiry date
1.3 Ministry of Economy Limited Liability Companies Partnership Branch

2. Renewal 2.1 Department of Economic Development Professional/trade/industrial licence registration General Trading Building contracting
2.2 Dubai Municipality The fees mentioned in item 1-2 in addition to labour fees
3. Amendments 3.1 Department of Economic Development Each amendment Advertisement fees Licence printing
AED
500 500 50
AED 5. Other Fees 200 Registration delay penalty (monthly) 2000 Foreign trade name (annually) 1000 Trade name for trade mark/franchise (annually) 1000 Trade name that indicates the firms coverage (e.g. Middle east, International etc.) (annually) 2000 Trade name including abbreviation (annually) 2000 Trade name including words such as Dubai, UAE., or Gulf (annually) 2000 Trade name including number (annually) 1000 Trade name including Arabized words 250 Translation of licence/ Comercial registration 1000 Representative card 500 Urgent transaction 500 Cancellation of transaction 100 Certificate to whom it may concern 50 Activity classification book 10 Booklet (Group related activities-Fees FAQ) 50 Extract from the file 550 Duplicate copy of licence/commercial registration 3,500 Advertisement of shop mortagage 15,000 Forgery penalty 10% of Bounced cheque penalty the cheque (Minimum AED 1000) amount
62
FREE TRADE ZONES IN UAE

The UAE, being considered as the home of free trade zones in the Middle East, is a model country to show how it could achieve the current enviable economic benefits by establishing number of Free Trade Zones. The countrys economic indexes show the industrial upswing due to its flourishing Free Zones. The Free Zones in UAE could generate abundant employment opportunities, massive direct foreign investment, caused to develop various infrastructures etc. Free Trade Zones offer various incentives to investors, such as: Exemption from all taxes and duties levied on No personal income tax profits or production No currency restriction No restrictions on profit transfer or capital No recruitment restriction repatriation Modern efficient communication system No customs duties State-of-the-art infrastructure Attractive working environment Abundant Energy Exemption from corporate, withholding and inheritance taxes Currently there are 36 Free Trade Zones (Existing & Proposed) in UAE viz..
Jebel Ali Free Zone (JAFZA) Dubai Gold and Diamond Park Dubai Maritime City Dubai Aid City Techno Park Dubai Airport Free Zone Dubai Silicon Oasis Dubai Flower Centre Dubai Logistics City Dubai Internet City Dubai Media City Dubai Knowledge Village Dubai Outsource Zone Dubai Biotechnology and Research Park Dubai Studio City International Media Production Zone Dubai Healthcare City Dubai International Financial Centre Dubai Multi Commodity Exchange Dubai Textile City Dubai Carpet Free Zone Dubai Auto Parts City Heavy Equipment and Trucks Zone Dubai Building Materials Zone Dubai Cars and Automotive Zone Sharjah Airport International Free Zone (SAIF-Zone) Hamriyah Free Zone Ajman Free Zone Ahmed Bin Rashid Free Zone (Umm Al Quiwain) Ras Al Khaimah Free Zone (RAK Free Zone ) Fujairah Free Zone The Corporate Office (TCO)
Dubai Technology and Media Free Zone Authority / Dubai Holdings
[Covered in Part 2] [Covered in Part 2]
Al Awir Free Zones
Sharjah Free Zones
Dubai Design Centre (TCO) Dubai Auto Zone (TCO) Dubai Energy City (Dubai Holdings) Industrial City of AbuDhabi (HCSEZ) Dubai Academic City( Dubai Holding)
Upcoming Free Zones
64
Morison Menon
JEBEL ALI FREE ZONE

Location Established Distance Size of the Zone
Jebel Ali Free Zone

Dubai-U.A.E 1985 40 Kms from Dubai International Airport 100,000,000 s.q. mtrs (Free Zone North); 50,000,000 sq. meters (Free Zone South)
Facilities Offered
Office Units Standard Unit 26.88 m2 MultiStoreyed
Warehouse/Light Industrial Units Warehouse/ LIU Area 510 m2 267 m2 Office Area 46m2 46m2
Plot of land Minimum 2500 m2
Total Area 556 m2 No Space restriction 313 m2
Rent Per Annum
US$ 12,272 (AED 45,000)
US$ 491-600/m2 (AED1,800-2,200 per sq. meter)
US$ 53,177 (AED 195,000) US$ 59,995 [for high power] (AED 220,000) US$ 32,724 (AED 120,000)
US$ 5.45 21.82/m2 (AED 20-80) per sq. meter
Lease Period
One year, annually renewable
Upto fifty years
Possible Legal Entities
Capital-cash physical No. of Shareholders Formation Fee
Branch of a Foreign Company (Including Offshore Company) None US $1,364 (AED 5,000)
Trading US $ 1,500 (AED 5,500)
Branch of a UAE company
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)
None US $1,364 (AED 5,000)

Service
Types of licenses issued License fee

Business Segment
*General Trading
Industrial Logistics National (Service) Industrial US $ 8,187 US $ 2,182 US $ 8,187 US $ 1,500 US $ 1,500 (AED 30,000) (AED 8,000) (AED 30,000) (AED 5,500) (AED 5,500)
Port facilities Visas Time span to form company Other Info
Number of activities is restricted. *General Trading Licence is issued only on a case-to-case basis A company can obtain additional licence with different activities and operate under different name. Jebel Ali Port, Port Rashid, Dubai Airport :Pre-built office; 4 Nos :Multi-storeyed: Depends on space leased (80 sq.ft per person) :Pre - built warehouse : 20 nos :Facility on leased land : Depends on requirement and subject to EHS compliance 20-30 days Sublease of leased land is allowed for sister company/s provided the existing company or shareholder is the major shareholder in the sub-lessee company. JAFZA charges an annual fee of US $ 5,454 (AED 20,000) for sub-lease. Warehouse units and Buildings Constructed on leased land are subject to a Public Health Levy which is charged at 2% on annual rental at a maximum of AED 10,000 5% of office and warehouse rental is charged as one time deposit. For factories fee for Industrial Effluent Disposal shall be US$ 6,812 (AED 25,000) for the first connection, then calculated at US$ 1.4 (AED 5.00) per 1000 imperial gallons, for discharge into the marine environment using Free Zone drainage lines. Industrial licence holding companies should hold separate licence for trading activity. JAFZA has created 8 industry specific zones in the South Zones viz., Dubai Distribution Centre, Digital Valley, Construction Square, Pharma-Med Park, Chemical & Plastic Field, Paper Pack Zone, Fragrance & Beauty Park, Food & Beverage Park.
66
JEBEL ALI FREE ZONE OFFSHORE COMPANY (Jafza Offshore)

JEBEL ALI FREE ZONE OFFSHORE COMPANY [JAFZA OFFSHORE] Legislative Authority Date of Enactment Company Status Shareholders Suffix to the Name Capital Structure Corporate Capacity Shares Administration Directors Secretary Activities Allowed JAFZA Offshore Company Regulations 2003 15 January 2003 Limited Liability Minimum 1 and no maximum [individual/corporate] Limited Decided by shareholders Has the capacity and privileges of a natural person Must be fully paid when allotted; No bearer shares allowed; No different classes of shares Must have a Registered Agent approved by JAFZA;Regd office may be in JAFZ or in Dubai Minimum two directors Must have a Secretary Professional contact with legal consultants, lawyers, accountants and auditors To hold shareholders and directors meetings in the UAE. To own real property developed by Nakheel, Emaar or any other developers approved by the Authority. To hold an account in a bank in the UAE for the purpose of conducting its routine operational transactions To engage in General Trading [Out of UAE] To engage in commercial, industrial, agricultural and activities considering and observing international rules and regulations and statute law of country where the company operates its activity including international trading, investment and other related activities To open branch offices or representative offices in any part of the world. To become a shareholder in a Limited Liability Company to be formed in Dubai/UAE. To carry on the business as an investment holding outside UAE To become a shareholder in an entity which may be formed either in UAE or UAE Free Zones To carry on business with persons resident in the UAE. Own an interest in the real property situated in the UAE other than approved by the Authority. To carry on banking, financial, insurance, re insurance, insurance agent or insurance broker To carry out any trade in the free zone or in the UAE. To carry on Professional services, Consulting services, Intellectual property, Media, Security, Publishing, Advertising, Movie, Production, Management, Gambling, Casino, Property Development, Game & Win, Advisory, Real Estate, Military, Education
The Registrar is the final authority to accept or reject the registration. Upon registration, an offshore company registration number will be allotted and registration certificate will be issued
Activities Restricted
Registration Registration Fee Annual Renewal Winding up
Incorporation Documents
US$ 2,727 (AED 10,000) Registration must be renewed annually; Renewal Fee is US$ 682 (AED 2,500) Summary under chapter 1 of Part 13 of the Regulation; By its creditors under chapter 2 Part 13 of the Regulation; By the court under the UAE Commercial Transactions Law No.18 of 1993. Incorporation Certificate Memorandum and Articles of Association List of Directors [addressed to an institution (bank) as per request]
Morison Menon
67
DUBAI MARITIME CITY
Dubai Maritime City

Dubai [located between Port Rashid & Dubai Dry Drocks] 2003 10 Kms from Dubai International Airport 25,000,000 sq. feet, man made peninsula Commercial, Office, Warehouse, Land, Workshop, Yard Option of Freehold and Leasehold Commercial Area, Leisure Area, Repair Area, Research and Academy Area Branch of a Foreign Company (Including Offshore Company) None US$ 1,364 (AED 5,000)
Service US$ 1,500 (AED 5,500)
Location Established Distance Size of the Zone Facilities Offered Zones in DMC
Types of companies which can be formed
Branch of a UAE Company
Free Zone Establishment (FZE)
Free Zone Company (FZCO)
Capital-cash physical No. of Shareholders Formation fee
None US$ 1,364 (AED 5,000)
US$ 272,703 (AED 1,000,000) One US $ 2,727 (AED 10,000)
US$ 136,352 (AED 500,000) Min 2, Max 5 US $ 4,091 (AED 15,000)
Type of licence issued Licence fee
Business Segments
Shipping Services Marine management services Marine related marketing
Marine research & education Marine recreational services Design and manufacturing Visas Time span to form company Other Info
Ship Classification, Ship Catering, Ship Supplies Ship Safety & Damage Assessment, Insurance, Legal Businesses,Vessel Registration & Global Inspection Marine Exhibition, Trade shows and exhibitions, Media Information Groups, World Media Relations, Ship Shows Marine Academy, Naval Museum
Marine Merchandise Selling, Buying and Renting, Other attractions like a Divers Center Ship Designers & Manufacturers, Ship repair and maintenance,. Ship modification Depends on the facility leased/purchased. 30 days Currently licences are issued on a case to case basis and allowed to operate in Dubai. The investors must transfer their operation to DMC once the facilities are ready.
68
DUBAI GOLD & DIAMOND PARK
Dubai Gold & Diamond Park

Dubai-U.A.E May 2001 20 Kms from Dubai International Airport 522,070 Sq. feet [Phase I: 167,885 sq. ft] & Phase II: 354,185] Retail Outlets [288 sq. ft 1,164 sq.ft]
US $ 68.20 per sq. foot (AED 250) plus service charges One year, annually renewable

Facilities Offered Rental per annum
Show Rooms Pre-built manufacturing unit [6500 sq. ft 9,300 sq.ft] (1000 sq .feet)
US $ 84.55 per sq. foot (AED 310) One year, annually renewable US $ 49.30 per sq. foot (AED 180)
plus service charges
Office Units [740 sq. ft 2,300 sq.ft]

US $ 41 per sq. foot (AED 150) One year, annually renewable
Lease Period
Possible Legal Entities Capital-cash physical No. of Shareholders
Branch of a Foreign Company (Including Offshore Company)
None -
Branch of a UAE Company None -
Formation Fee Types of licenses issued License fee Business Segments
None
None Trading Licence
FZG (Single/Multiple Shareholding) US $ 27,270 (AED 100,000) Minimum One Shareholder. If more than one shareholder the capital can be divided as US $ 13,635 (AED 50,000 each). None Manufacturing Licence US $ 1,500 (AED 5,500)
US $ 1,500 (AED 5,500)
Ownership Visas Company formation period Other Info
Gold and diamond trading; Designing, manufacturing and crafting of gold and diamond jewellery. Unlike other free zones Gold & Diamond Park offers retail-shopping facility for shoppers. 100% Depends on the size of the space leased. 5 - 10 days Registration, Licencing and visa formalities with respect to an entity are controlled by JAFZA. Facilities of the park are managed by Emmar Properties.
70
DUBAI AID CITY [PCFC]
DUBAI AID CITY

Adjacent to JAFZA, Dubai-U.A.E 2003 40 Kms from Dubai International Airport phase I : 1,000,000 sq.meter phase II : 1,000,000 sq.meter
Pre-built warehousing & storage areas [Rate to be announced] One year, annually renewable
Location Established Distance Size of the Zone Facilities Offered Rent Per Annum Lease Period Possible Legal Entities
Office Units [Rate to be announced] One year, annually renewable
Branch of a Foreign Company (Including Offshore Company) None US $ 1,362 (AED5,000) Trading/Services US $ 1,500 (AED 5,500)
Branch of UAE Company
Free Zone Free Zone Company Establishment(FZE) (FZCO)
None US $ 1,362 (AED5,000)
US$ 273,224 (AED 1,000,000) One US $ 2,727 (AED 10,000)
US$ 136,612 (AED 500,000) Minimum 2 Maximum 5 US $ 4,091 (AED 15,000)
Types of Licenses Issued License fee Business Segments Port facilities Visas Time span to form company Other Infos
Activities related to humanitarian and charitable aid. Jebel Ali Port, Port Rashid, Dubai Airport, Jebel Ali Airport Visas are issued according to requirements 10-20 days Dubai Aid City will also offer facilities for cool and cold storage for sensitive food and medical supplies, in addition to dry cargo facilities. Aid agencies can enjoy access to warehousing, office facilities and distribution solutions at dedicated areas in Jebel Ali Port - JAFZA and Port Rashid - Dubai City
Morison Menon
71
DUBAI AIRPORT FREE ZONE
Dubai Airport Free Zone (DAFZA)

Dubai-U.A.E November 1996 Adjacent to Dubai International Airport 1,200,000 s.q. mtrs
Facilities Offered
Rental Per Annum
Lease Period
Land Offices [Minimum Light Industrial [Minimum 50 sq. meters; no Unit [Area of Unit 2500 m2] space restriction] 350 m2] US $ 545/m2 US $ 191/m2 US $ 35.45/m2 (AED 2000/m2) (AED 700/m2) (AED 130/m2) [plus 7% service [plus 5% service charge] charge] 15 years, Two years, renewable Two years, renewable Two years, renewable for similar period renewable every for similar period for similar period 15 years Warehouse [Area of Unit 350 m2 -] US $ 164/m2 (AED 600/m2) [plus 5% service charge] Branch of Foreign Company None None Trading US $ 2,727 (AED 10,000) Branch of UAE Company None None Free Zone Free Zone Establishment (FZE) Company (FZCO) US$ 272,703 US$ 136,352 (AED 1,000,000) (AED 500,000) One Min 2, Max 5 US $ 2,727 US $ 4,091 (AED 10,000) (AED 15,000) Service US $ 2,727 (AED10,000) Industrial US $ 2,727 (AED10,000)
Possible Legal Entities Capital-cash physical No. of Shareholders Formation Fee
Business Segments
Licences are issued based on investors business activities. Number of activities is restricted to two. Any additional activity requires a fee payment of AED 3,000 per activit . y 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. 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
Port facilities Visas Company formation period
72
DUBAI SILICON OASIS (DSO)
Dubai Silicon Oasis (DSO)

Location Established Distance Size of the Zone Dubai-U.A.E at the intersection of Emirates Road & Dubai Al Ain Road 2004 Dubai-Al Ain Road.17 kms from Dubai International Airport Plot of land 10,000 m2 and above Warehouses & Light industrial unit Rate is decided by the Management Up to fifty years Free Zone Establishment (FZE) US$ 272,703 (AED 1,000,000) One US $ 2,727 (AED 10,000) Service License US $ 4,091 (AED 15,000) Free Zone Company (FZCO) US$ 136,352 (AED 500,000) Minimum 2 Maximum 5 US $ 4,091 (AED 15,000) Industrial License US $ 4,091 (AED 15,000)
Facilities Offered (Leasehold and Freehold) Rent Per Annum Lease Period Possible Legal Entities
Office Units Minimum space available is 500 sq. feet ( No space restriction ) Rate is decided by the Management 3 Years renewable Branch of Foreign Company (Including Offshore Company) None None Branch of a UAE Company
None None
Types of licenses issued License fee Business Segments Visas Company formation period Other Info
Trade License US $ 4,091 (AED 15,000)
R&D, Design, Development & Manufacturing of integrated Circuits, Microelectronics, Optoelectronics and related activities. 1 employee visa per 100 sq of office space, additional visas would be issued based on requirement and justification. 30 days Dubai Silicon Oasis (DSO) is a strategic Project of the Dubai Government. A world class Semiconductor and Microelectronics technology park, it is attracting IC design, development and manufacturing companies focusing on the areas of Photovoltaics, Micro, Nano and Opto-electronics. In addition, DSO is creating a thriving urban master-planned community consisting of educational, commercial and residential areas. Working with global technical universities & institutes, DSO is taking a leading role in the region in creating a highly talented engineering workforce. As an established Free Zone, DSO offers a highly competitive infrastructure and outstanding logistics ensuring success for its hi-tech partner companies.
Morison Menon
73
Dubai Flower Centre (DFC) DUBAI FLOWER CENTRE (DFC)

Location Established Distance Size of the Zone Dubai-U.A.E, (Close to Dubai International Airport) October 2005[became operational] Adjacent to Dubai International Airport 32,000 sq. meters [Phase I 10,000 sq. meters]
Facilities Offered
Rental Per Annum
Warehouse Chambers
[150 m2 to 577 m2] >201 sq. meters: <200 sq. mers: US $ 220/m2 US $ 250/m2 (AED 917) per m2 (AED 807) per m2 3.5% service charge is also applicable 3 years, renewable for similar period Branch of Foreign Company None None Branch of UAE Company None None
Office Units
US $ 350/m2 (AED 1,284)
Business Units
US $ 500/m2 (AED 1,834)
3.5% service charge is also applicable 3 years, renewable for similar period 3 years, renewable for similar period
Lease Period
Possible Legal Entities Capital-cash physical No. of Shareholders Formation Fee
Free Zone Free Zone Establishment(FZE) Company(FZCO) US$ 272,703 US$ 136,352 (AED 1,000,000) (AED 500,000) One Minimum 2 Maximum 5 US $ 2,727 US $ 4,091 (AED 10,000) (AED 15,000) Service Industrial US $ 2,727 (AED 10,000)
Trading US $ 2,727 (AED 10,000)
US $ 2,727 (AED 10,000)
Business Segments Port facilities Visas Company formation period
Processing and trading of Flowers, Fruits and Vegetables Dubai Airport, Port Rashid, Jebel Ali Port 4 visas for 50m2 office. However, no restriction for processing units operating in warehouse chambers as required by the activity. 30 days
74
DUBAI LOGISTICS CITY (DLC)

Location Established Distance Size of the Zone Dubai-U.A.E 2005 40 Kms from Dubai International Airport 25 square kilometres; [DLC is part of 140 sq. km Jebel Ali Airport City (World Central)project]
*Plot of Land for Industry and Logistics DLC Shared Warehouses 2500 sq. meters & above 50 sq. mts to 1000+sq. mtrs [with offices on upper floor] US$ 8.20 (AED 30) 2500&above US$ 6.82 (AED 25) 5000&above US$ 6.82 (AED 25) 5000&above US$ 5.45 (AED 20)10000&above Rate to be US$ 4.92 (AED 18)10000&above announced US$ 4.10 (AED 15) 20000&above *Plot of Land for Forwarders 5000 sq. meters & above
Facilities Size of Plots
Rent Per Annum
Lease Period
5-20 years; renewal for similar period [Long term lease of 10 years or more subject to rental review every 5 years]
Branch of Foreign Company (Including Offshore Company) None To be announced
5-20 years; renewal for similar period [Long term lease of 10 years or more subject to rental review every 5 years]
One year; annual renewable
Branch of UAE Company
Free Zone Establishment (FZE) US$ 272,703 (AED 1,000,000) One To be announced
Free Zone Company (FZCO) US$ 136,352 (AED 500,000) Min 2,Max 5 To be announced
None To be announced
Business Segments
Warehousing, Distribution, Cargo Handling, Contract Logistics Services, Cargo Airline Operators Trading, Assembly/Light Manufacturing preferably from automotive, electronics, consumer goods, healthcare and life science, aviation, energy, machinery are encouraged
To be announced
License fee
Port facilities Visas Other Info
Jebel Ali International Airport, Jebel Ali Sea Port, Port Rashid, Dubai Airport Visas are issued according to requirement & facility leased. The unique feature of DLC is it combines with the airport, the seaport and the free zone into a single customs bonded area. *Upto 50% of the currently used plot size can be reserved adjacent to the existing plot at 25% of the existing rental rate per sq. meter for maximum of 2 years. *An amount of AED 10 per sq. meter is payable as development charge. Companies can rent office space in one of the centrally located DLC Office building to support customer front end and administration services or services for DLC Clients
Morison Menon
75
Dubai Internet City (DIC)

DUBAI INTERNET CITY (DIC) [Member of Dubai Holdings] [Member of Dubai Holdings]
Location Established Distance Size of the Zone Regulated by
Dubai-U.A.E January 2000 25 Kms from Dubai International Airport 4,000,000 sq. meters Dubai Technology and Media Free Zone Authority
Plot of land (Different Sizes) Subject to Mgt decision Up to fifty Years
Facilities Offered
Rental Per Annum Lease Period
Office Units Minimum space available is 700 sq. feet (No space restriction) US $ 32.75 (AED 120)/ per sq. foot One year, annually renewable
Branch of a Foreign Branch of a UAE Company Company including (Parent company Entities established should be in in other UAE Free existence for Zones minimum 2 years) None US $ 955 (AED 3,500) None US $ 955 (AED 3,500)
FZ LLC (Single Shareholding) Value per share is US $ 273 (AED1,000)

*US$ 13,635 (AED 50,000) One US $ 955 (AED 3,500)
FZ LLC (Multiple Shareholding) Value per share is US $ 273 (AED 1,000) *US$ 13,635 (AED 50,000) No Restriction US $ 955 (AED 3,500)

Business Segments
According to the DIC Segments US $ 4,091 (AED 15,000)

Web Based, Back Office, Consultancy, IT Support, Software Development, Business Services. Depends on the size of the office space leased. 30 days *Capital amount shown above is only the minimum indicative figure and can vary according to project outlay. First Step at DIC enables new investors to explore the business opportunities by leasing office space for a short-term period. This helps the companies to test the viability of the plan before setting up a full-fledged operation unit. However, short term lease in First Step does not qualify the company for a Trade Licence.
Visas Company formation period Other Info
76
Dubai Knowledge Village (KV)

[Member of Dubai Holdings]
Facilities Offered
Dubai-U.A.E 2003 25 Kms from Dubai International Airport 1,000,000 sq. feet Dubai Technology and Media Free Zone Authority
Commercial Spaces (No space restriction)
Rental per annum Lease Period
US $ 32.75 (AED 120)/ per sq. foot One year, annually renewable
Executive Offices [Business Centre] Availability is in between 100 to 250 sq ft) US $ 95 /sq. foot (AED 350) One year, annually renewable
Open Office [Business Centre]
Executive Suite [Business Centre]
US $ 4091 (AED 15,000) One year, annually renewable
US $ 76.36/ sq. foot (AED 280) One year, annually renewable
Capital-cash physical No. of Shareholders Formation Fee Types of licenses issued License fee
Business Segments
FZ LLC FZ LLC Branch of a Foreign Branch of a UAE (Multiple Company including (Single Shareholding) Company Shareholding) (Parent company Entities established Value per share is US in other UAE Free $ 273 (AED 1,000) Value per share is US should be in Zones $ 273 (AED 1,000) existence for minimum 2 years) * US$ 13,635 * US$ 13,635 (AED 50,000) None (AED 50,000) None One Minimum Two US $ 955 US $ 955 US $ 955 US $ 955 (AED 3,500) (AED 3,500) (AED 3,500) (AED 3,500)
General Segments
University Segments [Offer Graduate Courses] US $ 13,635 (AED 50,000)
US $ 4,091 (AED 15,000)
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 students action. * Capital amount shown above is only minimum indicative figure and can vary according to project outlay
Morison Menon
77
Dubai Media City [Member of Dubai Holdings]

Facilities Offered Commercial Loft Offices Office Spaces (minimum availability is 600 sq. feet)(No
space restriction)
Dubai-U.A.E January 2001 25 Kms from Dubai International Airport 300,000 sq. meters Dubai Technology and Media Free Zone Authority
Boutique Offices (Exclusive Offices in Private Villas) Entire Villa 5772 sq. feet/Ground Floor 2533 sq. feet Executive Offices in Media Business Centre) Availability is in between 120 to 350 sq ft) Executive Desk (Media Business Centre)
Rental per annum
US $ 32.75 US $ 36.82 (AED 120)/ per (AED 135) sq. foot per sq. foot
US $ 95 sq. feet US$ 122,717 (AED 450,000) - (AED 350) US$ 149,986 (AED 550,000) One year, annually renewable One year, annually renewable
US $ 6,000 (AED 22,000)
Lease Period
Business Segments:
Branch of a Foreign Branch of a UAE FZ LLC FZ LLC Company Company including (Single Shareholding) (Multiple (Parent company Entities established Value per share is US Shareholding) in other UAE Free should be in $ 273 (AED 1,000) Value per share is US existence for Zones $ 273 (AED 1,000) minimum 2 years) *US$ 13,635 *US$ 13,635 None None (AED 50,000) (AED 50,000) Minimum Two One US $ 955 US $ 955 US $ 955 US $ 955 (AED 3,500) (AED 3,500) (AED 3,500) (AED 3,500)
Publishing Licence US $ 5,454 (AED 20,000) Broadcasting Licence US $ 6,818 (AED 25,000) Other Licences US $ 4,091 (AED 15,000)
Broadcasting, Production, Advertising, Public Relations, Recruitment, Music, Publishing, Business Consultancy, News Agency, Post-production, Research etc. Depends on the size of the office space leased. Executive Office is eligible for maximum 3-4 visas. 30 days Entity operating in Media Business Centre Executive Office requires to pay a Joining Fee of US$ 1,364 (AED 5,000) and Security Deposit of US $ 2,728 (AED 10,000) 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. A Freelancer can use the Hot Desk facility of Media Business Centre and total cost for the facility is US$ 6,545 (AED 24,000) which includes fee for freelance permit, visa, and a refundable deposit of US $ 1,364 (AED 5,000). * Capital amount shown above is only minimum indicative figure and can vary according to project outlay.
Visas Company formation period Others
78
DUBAI OUTSOURCE ZONE (DOZ) [Member of Dubai Holdings] [Member of Dubai Holdings]
Location Established Distance Size of the Zone Regulated by Facilities Offered
Rental per annum
DUBAI OUTSOURCE ZONE (DOZ)
Dubai-U.A.E (Close to Dubai Academic City) January 2005 15 Kms from Dubai International Airport 450,000 square feet (built up office area) & 30 plots of land Dubai Technology and Media Free Zone Authority Office Buildings [Minimum 1500 sq.ft] * US $ 20.45 (AED 75)/ per sq. foot
Plot of Land (Average 50,000sq,ft) Subject to management decision

30 years
Lease Period
FZ LLC FZ LLC Branch of a Foreign Branch of a UAE (Multiple Company Company including (Single Shareholding) Shareholding) (Parent company Entities established Value per share is US in other UAE Free $ 273 (AED 1,000) Value per share is US should be in $ 273 (AED 1,000) Zones existence for minimum 2 years) US$ 81,811 US$ 81,811 (AED 300,000) (AED 300,000) None None Minimum Two One US $ 955 US $ 955 US $ 955 US $ 955 (AED 3,500) (AED 3,500) (AED 3,500) (AED 3,500) According to the DOZ Segments US $ 4,091 (AED 15,000)
Outsourcing Services for Finance & Accounting, Customer Care, Human Resource, Transaction Processing, Information Technology Management, Documents Management, Call Center Training. Depends on the size of the office space leased. 30 days First Step at DOZ enables new investors to explore the business opportunities by leasing office space for a short-term period. This helps the companies to test the viability of the plan before setting up a full-fledged operation unit. However, short term lease in First Step does not qualify the company for a Trade Licence. * Rate is subject to change
Business Segments
80
Dubai Biotechnology And Research Park (Dubiotech)

[Member of Dubai Holdings] DUBAI BIOTECHNOLOGY AND RESEARCH PARK (DUBIOTECH) [Member of Dubai Holdings]
Facilities Offered
Dubai-U.A.E (Dubailand) 2005 15 Kms from Dubai International Airport 21 million square feet Dubai Technology and Media Free Zone Authority Executive Offices Hot Desk* (Equipped workstation) Plot of Land
Rental per annum
Commercial Office Tower (Al Thuraya Tower 1) [685 sq. ft to 1670 sq.ft] * US $ 32.75 (AED 120)/ per sq. foot One year, annually renewable
US $ 95 sq. feet (AED 350) One year, annually renewable
US $ 2,454 (AED 9,000) One year, annually renewable
Lease Period
Subject to management decision 30-50 years
FZ LLC FZ LLC Branch of a Foreign Branch of a UAE Company including (Single Shareholding) (Multiple Company Shareholding) (Parent company Entities established Value per share is US in other UAE Free $ 273 (AED 1,000) Value per share is US should be in Zones $ 273 (AED 1,000) existence for minimum 2 years) * US$ 13,635 * US$ 13,635 (AED 50,000) (AED 50,000) None None One Minimum Two US $ 955 US $ 955 US $ 955 US $ 955 (AED 3,500) (AED 3,500) (AED 3,500) (AED 3,500) According to the DUBIOTECH Segments General Segments US $ 4,091 (AED 15,000) Production /Manufacturing US$ 6,818 (AED 25,000)
Business Segments
Biotechnology, Pharmaceutical R&D, Diagnostics, Bioinformatics, Medical Devices/Equipment, Forensics, Agricultural Biotechnology, Industrial Biotechnology, Pharmaceutical Manufacture and Support Services. Depends on the size of the office space leased. Executive Office is eligible for maximum 3-4 visas. 30 days Entity operating in Executive Office/availing Hot Desk faciltiy requires to pay a Joining Fee of US$ 1,364 (AED 5,000) and Security Deposit of US $ 2,727 (AED 10,000) / US$ 1364 (AED 5000) respectively *Capital requirement shown above is for General Segments. Capitalization for manufacturing/production activities under Therapeutics, Diagnostics, Agricultural Biotechnology, Environment, Specialty Supplies and Equipment segments is US $ 81,811 (AED 300,000). * rates are subject to change
Morison Menon
81
DUBAI STUDIO CITY (DSC)

[Member of Dubai Holdings]
Location Established Distance Size of the Zone Regulated by Facilities Offered Rental per annum
Boutique Studios (1200-3000 sq. ft) Rate to be announced
Dubai-U.A.E (Dubai land) 2005 40 Kms from Dubai International Airport 22 million sq. feet Dubai Technology and Media Free Zone Authority
Commercial Offices (No space restriction) Rate to be announced Plot of land (Minimum 30,000 sq. ft) Rate to be announced
1 Year; annually renewable
1 Year; annually renewable
Up to 50 years
Lease Period Possible Legal Entities Branch of a Foreign Company (Parent company should be in existence for minimum 2 years) None US $ 955 (AED 3,500) Branch of a UAE Company including Entities established in other UAE Free Zones None US $ 955 (AED 3,500) 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) 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)
Types of Licenses Issued License fee
According to the DSC Business Segments General Segments US $ 4,091 (AED 15,000) Broadcasting US $ 6,818 (AED 25,000)
Business Segments
Filmed Entertainments/Production, Post Production, Film Distribution, Media Content Management and Provider, Film Content Right Management, Animation, Set Construction, Prop Shops, Casting Agency, Modelling Agency, Equipment Rental, Music & Entertainment, Broadcasting, Broadcast Management, Broadcasting System Integrators, Leisure and Events
Visas
Company formation period
Depends on the size of the office space leased. 30 days Film schools, training institutes through SAMACOM, the integrated satellite service provider to Dubai Technology and Media Free Zone, companies can uplink/downlink content and live feeds. Broadcasting community has the opportunity to save cost through use of shared features and facilities in DSC. Film Schools with accredited programmes and Training Institutes offer courses to groom talents Proximity to Dubai Sports City, Dubai Autodrome, Aqua Dubai, Dubai Bazaar in Dubai Land and Polo & Golf Course in Arabian Ranches help movie producers.
Other Info
*Capitalisation of Companies (FZLLC) for the Broadcasting segment is US$
681,756 (AED 2,500,000)
* Capital amount shown above is only the minimum indicative figure and can vary according to project outlay.
84
INTERNATIONAL Holdings]PRODUCTION ZONE (IMPZ) [Member of Dubai Holdings] [Member Of Dubai MEDIA
Location Established Distance Size of the Zone Regulated by Facilities Offered (declared as of date) Dubai-U.A.E, Dubai Land July 2003 15 Kms from Dubai International Airport 50 million sq. feet Dubai Technology and Media Free Zone Authority
International Media Production Zone (IMPZ)
(A) Pre-built Production Units (2.3 million sq. feet) Warehouses Sizes (sq. feet) Store, 6837 8893 15316 Showrooms 8425 7747 10458 26953
4357 6412 Office & Others 2480 2481
12836 2480
6219 2206
5542 2205
7230 19540 3228 7413
(B) Plot of Land (6 million sq. feet); sizes available from 60,000 sq. feet to 100,000 sq. feet (C) Other Facilities (Sizes and rates to be announced): Publishing Pavilion, Office Blocks, Media Tower (Offices), Media Market (Retail/Wholesale), Logistic Centre etc. Rental per annum Lease Period Possible Legal Entities Warehouse/Showrooms To be announced One year, annually renewable Plot of Land USD 1.90 (AED 7.00) per sq. feet Up to 30 years; renewable for similar period
Capital-cash physical No. of Shareholders Formation Fee Types of licenses issued License fee (General segments)
Business Segments
FZ LLC FZ LLC Branch of a Foreign Branch of a UAE (Multiple Company Company including (Single Shareholding) Shareholding) (Parent company Entities established Value per share is US in other UAE Free $ 273 (AED 1,000) Value per share is US should be in $ 273 (AED 1,000) Zones existence for minimum 2 years) *US$ 81,811 *US$ 81,811 (AED 300,000) (AED 300,000) None None Minimum Two One US $ 955 US $ 955 US $ 955 US $ 955 (AED 3,500) (AED 3,500) (AED 3,500) (AED 3,500) According to the IMPZ Segments US $ 4,091 (AED 15,000)
Publishing, Printing, Packaging, Media Production (Manufacturing), Trading in Media Products (Machinery /Consumables), General Services etc. Depends on the size of the facility and requirements of the project. 30 days *Capital requirement shown above is for General Segments. Capital for Printing Segment and Publishing Segment are US $ 136,352 (AED 500,000) and US $ 54,540 (AED 200,000) respectively.
Morison Menon
85
Dubai Health Care City (DHCC) [Member Of Dubai Holdings] Location Dubai-U.A.E
Established Distance Size of the Zone Regulated by
Facilities Offered (Leasehold/ Freehold)
Rental per annum [Leasehold property]
DUBAI HEALTH CARE CITY (DHC) [Member of Dubai Holdings]
2003 8 Kms from Dubai International Airport Phase I : 4.1 million feet; Phase II: 15 million sq.feet. Center for Healthcare Planning and Quality [CPQ]
Spaces: Clinical/Office/Centres Plot of Land [To construct Centres/Clinics/Offices]
*US $ 32.73 AED 120/sq. ft
Subject to management decision
FZ LLC FZ LLC Branch of a Foreign Branch of a UAE (Multiple Company Company including (Single Shareholding) Shareholding) (Parent company Entities established Value per share is US $ 273 (AED 1,000) Value per share is US should be in in other UAE Free $ 273 (AED 1,000) existence for Zones minimum 2 years) US$ 81,811 US$ 81,811 (AED 300,000) (AED 300,000) None None Minimum Two One US $ 955 US $ 955 US $ 955 US $ 955 (AED 3,500) (AED 3,500) (AED 3,500) (AED 3,500)
Professional Licences Clinical Operating Commercial Licence Permits
Type of license
Fee [for two years term]
Health Care US $ 1,364 Hospital: Professionals: (AED 5,000) Diagnostic Centre: Allied Health US $ 327 Professionals: (AED 1,200) Private Practitioner Outpatient Surgery Centre Long-term Care Centre Multi Speciality Clinic Outpatient rehabilitation Centre/ Laboratory/Geriatric Care Centre Pharmacies
US $ 7,363- US $ US $ 5,454 19,635 (AED 20,000) (AED 27,000-72,000) US$ 5,999 (AED 22,000) US $ 3,000 (AED 11,000) US$ 5,999 (AED 22,000) US $ 9,545 (AED 35,000) US $ 8,863 (AED 32,500)
US $ 4,909
(AED 18,000) US $ 3,600 (AED 13,200)
Segments
Academic Medical Centre: Harvard Medical School Centre, Teaching Hospital, Research Centre Wellness Cluster: Check up facilities, Sports Medicine, Wellness Centre, Nutrition Centre, Resort & Spa, Health Farm. Medical Cluster: Pharmaceutical and Equipment, Private Hospitals and Clinics, Transplantation Centre, Rehabilitation Centre, Diagnostic Centre, Day Clinics, Alternative Medicine Health Care and Support Cluster: Telemedicine, Telehealth, Health Care Services, Healthcare Consultants, Medical Engineering Services, Medical Laboratories, Depends on the size of the office space leased. 30 days * Rental rates shown above is subject to change Private Developers also offer real estate facilities in DHCC
Visas Company formation period Other info
86
DUBAI TECHNO PARK

Location Established Distance Size of the Zone Adjacent to Jebel Ali International Airport, Dubai-U.A.E 2003 40 Kms from Dubai International Airport 30 sq. kilometres
Facilities Offered Rent Per Annum Lease Period Possible Legal Entities License fee
Office Units [Rate to be announced] One year, annually renewable *Branch of a Foreign Company (Including Offshore Company) US $ 1,500 (AED 5,500)
Plot of Land USD 5.45 21.80 (AED 20-80) per sq. meter Upto fifty years
*Branch of a UAE Company
Business Segments Port facilities Visas Time span to form company Other Info
Hi-Tech, Oil & Gas & Water Desalination [preliminary focus] Jebel Ali Port, Port Rashid, Dubai Airport, Jebel Ali Airport Visas are issued according to requirements 20-30 days [depends on project approval] * Alternatively, prospective investors can form a Free Zone Establishment (FZE)/Free Zone Company (FZCO) in Jebel Ali Free Zone as per JAFZA Regulations and open its branch in Techno Park. Entity Capital-cash physical No. of Shareholders Formation Fee Free Zone Establishment (FZE) US$ 273,224 (AED 1,000,000) One US $ 2,727 (AED 10,000) Free Zone Company(FZCO) US$ 136,612 (AED 500,000) Minimum 2 Maximum 5 US $ 4,091 (AED 15,000)
* Companies registered at Techno Park have the opportunity to showcase their products at dedicated exhibition spaces in Techno Park.
Morison Menon
87
DUBAI TEXTILE CITY (DTC)

Location Established Distance Size of the Zone Facilities Offered Ground Show Room *Mezzanine Office Ground Warehouse
*
Dubai Textile City (DTC)
Al Awir Free Zone, Al Awir - Dubai 2004 [Expect to be operational by early 2006] 20 Kms from Dubai International Airport 6,000,000 sq. meters
Units -Type A
(3070 sq. feet) 363 363 2344
Units-Type B (5781 sq. feet)

617 617 4547
Units-Type C (11581 sq. feet)

1223 1223 9135
US $ 0.11 (AED 0.40) per sq. foot 30 years; renewable for similar period Branch of Foreign Company (including offshore company) None Branch of UAE Company None FZT (Single/Multiple Shareholding) US $ 27,270 (AED 100,000)
Minimum One Shareholder. If more than one shareholder the capital can be divided as US $ 13,635 (AED 50,000 each).
Formation Fee Types of license issued License fee

Business Segments Visas Company formation period Other Info
None Trading Licence US $ 1,500 (AED 5,500)

Trading in Textile Fabrics
None
(US $ 2,727) AED 10,000
7 visas for per trade licence/Unit. [However, additional visas may be issued subject to requirement] 5 10 days * Investors can sublease the facility * No rental for office facility is charged for first 15 years; from 16th to 30 year rent as per market price less 50% with a minimum of US $ 2 (AED 7.5) per sq. foot. * The facility shall be leased only to TEXMAS members and a wholesale dealer of textiles. * Currently registration, licencing and visa formalities with respect to an Entity in Al Awir Free Zone are controlled by JAFZA.
88
Dubai Cars and DUBAI USED CARS AND AUTOMOBILE ZONE (DUCAMZ) Automotive Zone (DUCAMZ)
Location Established Distance Size of the Zone Facilities Offered Al Awir Free Zone, Al Awir - Dubai April 2000 20 Kms from Dubai International Airport 8,000,000 sq. feet Office Units (for service activity Warehouse/Workshop only) (334 sq. meters) (17 sq. meters) <20 sq. meters US $ 327 per m2 (AED 1200) >20 sq. meters is negotiable
One year
(Office + open area) Office 42 sq. meters Open area 1000 sq. meters US $ 9,681 (AED 35,500)
30 years; renewable for similar period
Rental per annum
US $ 13,635 (AED 50,000)

One year
Lease Period
Branch of Foreign Company (including offshore company) None
Branch of UAE Company None
FZD (Single/Multiple Shareholding) US $ 27,270 (AED 100,000) Minimum One . Shareholde r If more than one shareholder the capital can be divided as US $ 13,635(AED 50,000) each. US $ 2,727 (AED 10,000)


Trading in used cars and automobiles
None
For office units depends on the space leased; For show rooms maximum 8 visas. 5 10 days Currently registration, licencing and visa formalities with respect to an Entity in Al Awir Free Zone are controlled by JAFZA.
Morison Menon
89
HEAVY EQUIPMENT & TRUCK ZONE (HETZ)
Heavy Equipment & Truck Zone (HETZ)

Facilities Offered Rental per annum Lease Period
Al Awir Free Zone, Al Awir - Dubai 2004 [Expect to be operational by early 2006] 20 Kms from Dubai International Airport 50,000,000 sq. meters Plot of Land [Minimum 10,000 sq. meters] *US $ 1.90 to US $ 3.27/m2 (AED 7-12) 30 years; renewable for similar period Branch of Foreign Company (including offshore company) None Branch of UAE Company Free Zone Company (Single/Multiple Shareholding)
None
None
None
US $ 27,270 (AED 100,000) Minimum One Shareholder. If more than one shareholder the capital can be divided as AED 50,000 each (US $ 13,635) US $ 2,727 (AED 10,000)
Types of license issued License fee Business Segments Visas Company formation period Other Info
Trading Licence US $ 1,500 (AED 5,500) Trading in Heavy and Construction Equipment 8 visas for 10,000 sq. meters of plot. [However, additional visas may be issued subject to requirement] 5 10 days Currently registration, Licencing and visa formalities with respect to an Entity in Al Awir Free Zone are controlled by JAFZA. It is a mandatory requirement that every entity must construct office unit (plan to be approved by FZ Authority) and size can vary in between 100 m2 to 300m2 * Rate is subject to change
90
Building Material Zone BUILDING MATERIAL ZONE (BMZ) (BMZ)

Location Established Distance Size of the Zone Facilities Offered Al Awir Free Zone, Al Awir - Dubai 2005 [Expect to be operational by early 2007] 20 Kms from Dubai International Airport 14,000,000 sq. meters Plot of Land [Minimum 10,000 sq. meters] *US $ 1.90 to US $ 3.27 per sq. meter (AED 7-12)
30 years; renewable for similar period
Rental per annum
Lease Period
Branch of Foreign Company (including offshore company) None
Branch of UAE Company None
Free Zone Company (Single/Multiple Shareholding) US $ 27,270 (AED 100,000) Minimum One Shareholder. If more than one shareholder the capital can be divided as US $ 13,635 (AED 50,000) each US $ 2,727 (AED 10,000)


Trading in Building Materials
None
8 visas for 10,000 sq. meters of plot. [However, additional visas may be issued subject to requirement] 5 10 days *Rate is subject to change * Investors can construct warehouses on leased plots in accordance to their requirement with prior approval from Free Zone Authority.
Morison Menon
91
AUTO SPARE PARTS ZONE (ASPZ)
Auto Spare Parts Zone (ASPZ)

Facilities Offered Rental per annum Lease Period
Al Awir Free Zone, Al Awir - Dubai 2005 [Expect to be operational by early 2007] 20 Kms from Dubai International Airport 5,000,000 sq. meters Plot of Land [minimum 5,000 sq. meters] *US $ 1.90/m2 (AED 7.00) 30 years; renewable for similar period Branch of Foreign Company (including offshore company) None None Branch of UAE Company Free Zone Company (Single/Multiple Shareholding) US $ 27,270 (AED 100,000) Minimum One Shareholder. If more than one shareholder the capital can be divided as AED 50,000 each(US $ 13,635) US $ 2,727 (AED 10,000)
None None
Formation Fee
Types of license issued License fee Business Segments Visas Company formation period Other Info
Trading Licence US $ 1,500 (AED 5,500) Trading in New and Used Auto Spare Parts 8 visas per trade licence/10,000 sq. meters of plot. [However, additional visas may be issued subject to requirement] 5 10 days It is a mandatory requirement that every entity must construct office unit (plan to be approved by FZ Authority) and size can vary in between 100 m2 to 300m2. Currently registration, licencing and visa formalities with respect to an Entity in Al Awir Free Zone are controlled by JAFZA. *Rate is subject to change
92
Hamriyah FREE ZONE HAMRIYAH Free Zone

Location Established Distance Size of the Zone Sharjah (Al Hamriyah) - U.A.E November 1995 (Operation started in 1998) 35 Kms from Dubai International Airport 24,000,000 sq. meters
Facilities Offered
Office Units 15.30 m2 to 42.00 m2
Warehouse
Plot of land
Total Area Warehouse Area 614 m2 500 m2 416 m2 328 m2 276 m2 250 m2
Office Area 114 m2 88 m2 26 m2
Minimum 2500m2
Rental per annum
Lease Period
US $ 4,636 to US $ 12,313 (AED 17,000 to AED 45,150) One year, annually renewable [option for 25 years]
US $ 29,997 / 21,816 / 14,999 (AED110,000 / 80,000 / 55,000) One year, annually renewable [option for 25 years]
Free Zone Establishment (FZE) US$ 40,905 (AED 150,000) One
US $ 3.56 5.45 (AED 13-20/sq. mtr)

5 years upto 25 years
Renewable for similar period
Branch of Foreign Company(Including offshore company) None
Branch of U.A.E Company None
Free Zone Company (FZC) US$ 40,905 (AED 150,000) Minimum 2 Maximum 5 US $ 2,454 (AED 9,000)
Capital-cash physical No. of Shareholders
Formation Fee
Business Segments
None
None
US $ 2,454 (AED 9,000)
Commercial (Up to 5 items) US $ 750 (AED 2,750)
General Trading US $ 3,272 (AED 12,000)
Service
Industrial
*National Industrial US $ 750 (AED 2,750)
US $ 750 US $ 750 (AED 2,750) (AED 2,750)
Port facilities Visas Company formation period Other Info
Import, Export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, international business consultancy and different kind of services unless otherwise restricted by federal or local authorities. Hamriyah Free Zone Port (feeder service), Sharjah Airport, Port Khalid, Khorfakkan Port 4 visas for 22.40 sq. meters office and further depends on the size of the space leased. However, no restriction for industrial/assembly units operating in pre-built warehouse and leased land as required for the activities. Trade Licence will be ready within 24 hours subject to completion of legal formalities and registration documentations. Manager of a company must hold Free Zone visa.
Morison Menon
93
SHARJAH AIRPORT INTERNATIONAL FREE ZONE
Sharjah Airport International Free Zone (SAIF-ZONE)

Sharjah - U.A.E May 1995 25 Kms from Dubai International Airport 1,000,000 sq. meters Warehouse/Light Industrial Units Total Area 125 m2 250 m2 400 m2 600 m2 Warehouse Office Area Area 113 m2 12 m2 206 m2 44 m2 343 m2 57 m2 490 m2 110 m2 Plot of land
Location Established Distance Size of the Zone Facilities Offered Office Units Executive Executive Office Unit Office Suite Minimum Min 21 sq. 24 sq. meters meters
Minimum 2500 m2
Rent Per Annum
US $ 345 US $ 409 (AED (AED 1500/sq. 1266/sq. meter) meter) One year, annually renewable [option for 25 years]
US $ 13,090 / 20,453 / 27,270 / 38,178 (AED 48,000 / 75,000 / 100,000 / 140,000) One year, annually renewable [option for 25 years]
US $ 2.73 5.45 (AED 10-20) per sq. meter Up to 25 years Renewable for similar period Free Zone Company (FZC)
Lease Period
Branch of Foreign Company (Including offshore company) None None
Branch of UAE Company None None
Free Zone Establishment
US$ 40,905 (AED 150,000) One US $ 2,727 (AED 10,000)
US$ 40,905 (AED 150,000) Minimum 2 Maximum 5 US $ 2,727 (AED 10,000) Industrial
Commercial (Maximum limit is 3 similar items) US $ 955 (AED 3,500)
General Trading
Service
US $ 3,681 (AED 13,500)
US $ 955 (AED 3500)
US $ 955 (AED 3500)
Business Segments
Port facilities Visas
Company formation period Other Info
Import, export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, international business consultancy and different kind of services unless otherwise restricted by federal or local authorities. Sharjah Airport, Port Khalid, Khorfakkan Port 4 Nos. for pre-built office; additional visas depends on the size of the office space leased. However, no restriction for industrial/assembly units operating in pre-built warehouse and leased land as required by the activities. Trade Licence will be ready within 24 hours subject to completion of legal formalities and registration documentations. Other Real Estate facilities available in SAIF-Zone are: Temporary storage area, bunker and container parking area. Executive Office Unit/Suites are leased with furniture.
94 94
Ajman Free AJMAN FREE ZONE Zone

Location Established Distance Size of the Zone Facilities Offered Ajman UAE 1988 20 Kms from Dubai International Airport 1,000,000 sq. meters Office Units (Minimum 16 m2) Warehouse/ Light Industrial Units (225/360/540/560 m2) (257/330m2) (new) US $ 68.20 (AED 250)sq meter Plot of land (Minimum 2000 m2)
US $ 7,500( AED 27,500)
US$ 2.73/m2 (AED10) 20 years; renewable for similar period Free Zone Company (FZC) US $ 50,000 (AED 185,000) Minimum 2 Maximum 20 None
One year, annually renewable One year, annually renewable Branch of a Foreign Branch of Company a UAE (including offshore company) Company None None
Possible Legal Entities Capital-cash physical No. of Shareholders Formation Fee Types of licenses issued License fee
Free Zone Establishment (FZE) US $ 50,000 (AED 185,000) One None
None Trading General Trading: One Activity: Two Activities: Three Activities:
None
National Professional/ Industrial Industrial Service US $ 1,909 (AED 7,000) US $ 1,364 US $ 1,909 US $ 1,909 US $ 818 (AED 3,000) (AED 5,000) (AED7,000) (AED 7,000)
US $ 1,091 (AED 4,000) US $ 1,364 (AED 5,000)
Business Segments
Import, export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, international business consultancy and different kind of services unless otherwise restricted by federal or local authorities. Ajman Port (feeder vessel), Ports in Sharjah, Ports in Dubai 5 visas of office unit. However, no restriction for industrial/assembly units operating in pre-built warehouse and leased land as required for the activity. 3 4 days Manager of a company must hold Free Zone visa.
96
Ahmed RASHID FREE ZONE (UMM AL QUWAIN) AHMED BIN Bin Rashid Free Zone (UMM AL QUIWAIN)
Location Established Distance Size of the Zone Facilities Offered Umm Al Quwain April 1998 55 kms from Dubai International Airport 118,000 sq. mtrs. Office Units Plot of Land
Rental per annum
US $ 6,818 (AED 25,000) (Deposit AED 2,000)
US $ 5.45 per sq. meter for constructed area and US $ 1.36 per sq. meter for pen area per year. The investor can construct the factory unit according to his requirements, however, subject to the approval of the Free Zone Authority.
Lease Period
One year
15 years; renewal for similar period Branch of a UAE Company None None General Trading Licence US $ 1,364 (AED 5,000) Management & Consultancy (Except shipping agencies) US $ 1,364 (AED 5,000)
Business Segments Port facilities Visas Company formation period
Branch of Foreign Company (including offshore company) None None Special Licence (Industrial Licence) US $ 545 (AED 2,000)
Manufacturing, Trading and Consultancy Ahmed Bin Rashid Port (feeder vessel), Ports in Sharjah 4 visas for office unit. However, no restriction for industrial/assembly units operating in leased land as required for the activity. 3 4 days
Morison Menon
97
(RAK RAS AL KHAIMAH FREE ZONE (RAK FREE ZONE)

Location Established Distance Size of the Zone Facilities Offered Warehouse/ Light Industrial Units (200m2) Rental per annum Lease Period US $ 10,908 (AED 40,000) One year, annually renewable Branch of Foreign Company (Including offshore company) None None US$ 5,890 (AED 21,600) One year, annually renewable Branch of a UAE Company None None
Ras Al Khaimah Free Zone
FREE ZONE)
Ras Al Khaimah UAE May 1, 2000 100 Kms from Dubai International Airport 1,880,000 sq. meters Executive Offices (Minimum 18m2) Plot of land (5000 m2) US $ 16,362 (AED 60,000) 5 - 15 years; renewable for similar period Free Zone Company (FZC) *US $ 27,270 (AED 100,000) Min 2, Max 5 US $ 1,909 (AED 7,000) Industrial
Free Zone Establishment (FZE) *US $ 27,270 (AED 100,000) One US $ 1,909 (AED 7,000) Consulting/ Service Real Estate Licence
Commercial (Maximum 7 similar line of products) US $ 818 (AED 3,000)
Commercial -General Trading US $ 4,091 (AED 15,000)
US $ 4091 US $2,045 (AED 7,500) (AED 15,000)
US $ 1,364 (AED 5,000)
Business Segments
Port facilities Ownership Visas
Company formation period
Import, export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, different kind of services unless otherwise restricted by federal or local authorities. Ras Al Khaimah Port (Mina Saqr). Ras Al Khaimah Airport 100% Visas are issued on the basis of the size of the office space leased. However, no restriction for industrial/assembly units operating in pre-built warehouse and leased land. Licencing within 48 hours upon approval for Trading, Assembling and Warehousing. Licencing for Manufacturing upon the approval of agreement for premises. *Minimum capital requirement for General Trading and Real Estate Licence is US$ 136,352 (AED 500,000). Other facilities available are: Shared Office, Flexi Office, Flexi Desk Warehouses in different sizes are also available.
98
Fujairah Free Zone

FUJAIRAH FREE ZONE
Location Established Distance Size of the Zone Facilities Offered Fujairah UAE November 1987 120 Kms from Dubai International Airport 2,100,000 sq. meters Warehouse/ Light Industrial Units Units are available in 250m2, 500 m2, 1000 m2` US $ 50.45m2 (AED 185) ( Min per Sq.mtr) Minimum Two years Office Units (28 m2 onwards) Plot of land (Minimum 2500 m2)
US $ 6,818 (AED 25,000) One year, annually renewable Free Zone Establishment (FZE)
From US$ 2.72 m2 (AED 10/m2) onward 15 years; renewable for similar period Free Zone Company (FZC) US$ 40,905 (AED 150,000) Minimum 2 US $ 1,363 (AED 5,000) National Industrial US $ 1,364 (AED 5,000)
Business Segments
Branch of Branch of a Foreign a UAE Company (including offshore company) Company None None Trading (Normal) US $ 682 (AED 2,500) None None General Trading US $ 1,364 (AED 5,000)
US$ 40,905 (AED 150,000) One US $ 1,363 (AED 5,000)
Professional/ Industrial Service US $ 682 US $ 1,364 (AED 2,500) (AED 5,000)
Import, export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, international business consultancy and different kind of services unless otherwise restricted by federal or local authorities. Fujairah Port, Khorfakkan Port 4 visas for office unit. However, no restriction for industrial/assembly units operating in pre-built warehouse and leased land as required for the activity. Trade Licence will be ready within 24 hours subject to completion of legal formalities and registration documentations. * Fujairah Free Zone can build customized warehouse for the investor subject to general construction guidelines and Free Zone policy. * With effect from May 2005, Dubai Port Authoirty and Fujairah Port Authority jointly manage Fujairah Ports container terminal. * A company can obtain additional licence with different activities and operate under different name.
Morison Menon
99
Upcoming Free Zones

Dubai Design Centre
The Dubai Design Centre also features office blocks providing 80,000 square meter of prime office space.
Dubai Auto Zone (DAZ)

Dubai Auto Zone is a newly proposed industrial zone for automobile industries which shall be located in Ruwaya along Dubai Bypass road. The facilities to be available in the Zone are showrooms, supply depots, light manufacturers, service providers and others in automotive and machinery industry. Dubai Auto Zone will consist of a Free Zone to attract foreign direct investment, a Specialized Economic Zone to Cater to the GCC market, and a Retail Zone to serve the local market. In addition to high quality customer service, Dubai Auto Zone will provide its partners with state-of-the-art facilities including advanced telecommunication system, high capacity power supplies, integrated road network, Waste Treatment Plant and various service facilities. However, Dubai Cars and Automotive Zone (Ducamz) a Jafza-managed complex established with the aim of promoting re-exports of used cars to Asian and African countries will continue to remain in business after the creation of Dubai Auto Zone.
Dubai Design Centre has been envisaged as an exclusive trade outlet for home furnishing and accessories. Both wholesalers and retailers of interior designing, trading and related are encouraged to set up their operation in DDC. The DDC will be the largest development of its kind, measuring 4.2 kilometers in length and 150 metres in width, offering 5.7 million square feet of net usable prime retail and office space. Dubai Design Centre compliments the purpose of the International City, will be an exclusive out of town mega-centre for traders and retailers offering a complete range of home furnishing, design, gardening and construction solutions. The centre will help meet the demands of Dubais growing population, and serve clients purchasing properties in the Emirate and beyond. Spreading over an area of 12 million square feet, the Dubai Design Centre will be the largest such development in the world. The DDC is located in the Al Warsan area of Dubai at the intersection of the Emirates Road, Al Aweer Road and the Academic City Road.
Dubai Energy City [Energy Zone]

The Energy City has been designed as a self contained business, residential and leisure community specifically catering to the needs of the energy sector. The principal focus of the city shall be Green Buildings, Wind Energy, Solar Energy, Waste Water Treatment, District Cooling and Hydrogen Energy and Fuel Cells. Energy City shall be located in the heart of Dubai, more specially in the Business Bay. The City will cater to companies and institution, which make up the complete value chain of Oil & Gas, Petrochemical, Power & Electricity, H2 & Renewable Energy.
Industrial City of Abu Dhabi Covered in page 22 & 23 Covered in page 60
Dubai Academic City -
102

Doing Business Part1

Hochgeladen von

Dokumentinformationen

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

Doing Business Part1

Hochgeladen von

Copyright:

Verfügbare Formate

4th Edition 2006

Doing Business in UAE UAE Free Trade Zones

Part-1 Commercial, Industrial and Services

Morison Menon Chartered Accountants

HH Dr. Sheikh Sultan bin Mohammed Al Qasimi

Ruler of Ras Al Khaimah

HH Sheikh Saqr bin Mohammed Al Qasimi

HH Sheikh Hamad bin Mohammed Al Sharqi

Ruler of Umm Al Quiwain

HH Sheikh Rashid bin Ahmed Al Mualla

HH Sheikh Humaid bin Rashid Al Nuaimi

HH Sheikh Mohammed bin Rashid Al Maktoum

Snapshots of Free Trade Zones

Upcoming Free Zones Page - 102

Sheikha Lubna Al Qasimi Minister of Economy UAE

Girija Menon, Partner

Saju Augustine, Partner

Zeid Qadan, Partner

K.R.V. Panicker, Partner

Director, Jebel Ali Ofce Partner, MMIT

Partner International Affairs

Business Head, HR Consulting & BPO

Safiya Haji Akbar Mohammad

Facts About United Arab Emirates

Capital Independence Legal System

Languages Currency Political Parties GDP

AED 424 billion (US$ 115.63)(2005)

Inflation Rate (consumer price)

5% import duty (No import duty on industrial raw materials)

Position to attract FDI Countries to which FTAs negotiation in progress

Nature of Business Activities

The Economic Policy

Trading Regulations of UAE

ADVANTAGES OF UAE FOR BUSINESS

Partnership in-commendam (Limited Partnership)

3. Public Shareholding Company (PJSC)

Setting up a business entity in the UAE

1. General Partnership Company

Setting up a business entity in the UAE

Procedures to set up a Public Shareholding Company

Number of founding members Committee to continue

Minimum 10 3 5 members among founding members

4. Private Shareholding Company

Period of Subscription Minimum Subscription

5. Limited Liability Company(LLC)

PROCESS OF ESTABLISHING A LLC

Department of Economic Development: Licencing

Development Department: Licencing of Commerce: Licencing

Authority in the Emirate of Sharjah.

Professional Companies (Professional Partnership)

Authority in other Emirates.

Activities requiring special approval

Setting up a business entity in the UAE

8. Proprietorship Firm to practice professional activities

9. Appointing a Commercial Agent (Exclusive Distributor)

Opening a branch or representative office of foreign company

Setting up of Branch of GCC Companies in Dubai

11. Establishments by GCC Citizens

Setting up a business entity in the UAE

Doing Business in Abu Dhabi

General Procedure for Acquiring Licences

Industrial Sector of Abu Dhabi

Availability of Natural Gas

Higher Corporation for specialized Economic Zones