COMPANY SET UP IN KIZAD

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KIZAD

• Do you want to set up business in KIZAD

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ABOUT KIZAD

• The Khalifa Industrial Zone Abu Dhabi, KIZAD has
  become one of the largest industrial zone in the
  world. It is a part of Abu Dhabi Ports
  Company(ADPC).
• KIZAD offers an opportunity to set up an
  industrial business with so many benefits.
• There by improving the economic
  life style of people. It is aimed to have its
  contribution 15 by 2030

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STRUCTURE OF KIZAD

• KIZAD is located at Taweelah, midway between Abu
  Dhabi and Dubai, consists of eight industry
  clusters which attracts world-class companies.
• These clusters include
• Aluminium ,Steel, Engineered Metal Products,
• Petrochemicals Chemicals, Pharmaceuticals
  Healthcare equipments, Food, Paper, and Printing
  Packaging

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TOP VIEW OF KIZAD
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SPECIALITIES OF KIZAD

• Provides an outstanding access to global markets
• Offers a low cost environment
• Offers both Free Zone and Non-Free Zone options
• Provides world class transport and communication
  facilities too
• An integrated rail network is present to link
  all tenant plots to the GCC and Europe
• It has three international airports

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Road and Transport facilities
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BENEFITS IN SETTING UP OF BUSINESS IN KIZAD

• Kizads strategic location had a major role in
  having 2.4 billion consumers within four time
  zones.
• It offers low cost in power, water and gas and
  also no custom duties and no tax to pay here

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ABOUT RENT

• KIZAD offers plots of land at various sizes.
• There is no standard minimum incase of leasing
  land. If the land is below 10,000 m2 there is an
  opportunity to get application for pre-built
  space rental
• Rental range depends upon mainly industry,
  location and utilization of added value services
  we prefer

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What is Pre-Built warehouse facility

• Size of unit - 2,362 m2 in Free Zone area and
  1,133 m2 in Non- Free Zone area.
• Base Rent Free Zone AED 400 per m2
• Non - Free Zone AED 350 per m2
• Lease Term Minimum 3 years.
• Units with offices and loading to the front or
  offices to front and loading to the rear.
• 7m clear internal height to eaves

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• Have 1.3m raised floors for ease of loading.
• Provide up to 10 office content.
• Have either two or three loading doors plus a
  separate ramp and loading door for fork-lifts.
• Fitted WCs and Kitchenette.
• Fire sprinkler system.
• Integrated fire alarm system.
• Ample parking.
• Power capacity for full comfort cooling and the
  option to boost power for cold storage.

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PROCEDURES TO START BUSINESS HERE

• Fill up and submit the Industrial Project
  Application
• Review of the project by KIZAD technical team
• Payment of registration fee - AED 5,000
• Fill up a Non- disclosure agreement

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CONTINUE

• KIZAD shall send a confirmed offer on the plot of
  land with exact area and location along with
  terms of lease, regulations, compliance
  requirements etc.
• Formal lease agreement to be signed within 90
  days
• Formation of entity (free zone or non-free zone)

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TERMS AND CONDITIONS

• Industries in KIZAD must be wholly owned
  subsidary or branch of a foreign company in the
  Free Zone area or a Limited Liability Company
  registered as per UAE Commercial Companies Act
  1984.
• Industries in Free Zone area is considered as
  foreign company and wont have any duty exemption
  on products while exporting to GCC countries.

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• GCC countries includes
• Saudi Arabia
• Oman
• Bahrain
• Kuwait
• UAE and
• Qatar

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• GCC countries must be the major market for the
  products and the investor prefers to take
  advantage of duty exemption, then the entity can
  be formed as a local company.
• In such an entity (a Limited Liability Company
  LLC) 51 of the shares must be held by a UAE
  national.

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ABOUT CAPITAL REQUIREMENT

• 1. Branch of foreign company - no capital
  requirement
• 2. Branch of UAE company - no capital requirement
• 3. Limited Liability Company - minimum capital
  requirement AED 150,000

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ABOUT LICENSE FEE

• License fee including formation fee Limited
  Liability Company
• 1. Industrial license AED 12,500 up to 5
  activities.
• 2. Trading license AED 12,500 up to 5 activities.
• 3. Service license AED 12,500 up to 5 activities.
• Renewal fee is AED 5,000 up to 5 activities.
• Fee for General Trading License AED 15,000.

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CONTACT US

• Morison Menon Chartered Accountants
• Level 15, Lake Central - At The Bay, Business
  Bay,
• Al Abraj Street, 
• P. O. Box 55535,
• Dubai, UAE
•   www.morisonmenon.com

CALL US  97142762233 
or Email id  dubai_at_morisonmenon.com