MASDAR
free zone in ABU DHABI
MASDAR
MASDAR is a multi faceted company meant for the providing solutions for development, production, deployment of renewable energy resources. It is an emerging hub in this global industry
CONTINUE MASDAR CITY is a combination of Community of energy resources & Clean tech companies
MASDAR ensures not only the sustainable future of Abudhabi but also sustainable urban planning ,design and its development
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The International Renewable Energy Agency (IRENA), an intergovernmental organization dedicated to promoting the adoption of renewable energy solutions worldwide, will also locate its secretariat at MASDAR City.
SPECIALITIES As an industry cluster, the city creates a dynamic, international and entrepreneurial community
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CONTINUE....... . MASDAR City itself represents a major market and customer for clean tech products and solutions The city offers companies the opportunity to test technologies and, through the building of the city, provides the only large-scale platform of its kind anywhere in the world for testing cutting-edge clean tech technologies.
ITS ENVIRONMENT MASDAR is designed in such a way that its environment is one of biggest factor for flourishing business there. The leading companies like General Electric, Schneider Electric, Bayer Material Science, BASF, SENER and many more companies are attracted to this MASDAR because of its environment.
WHY MASDAR
MASDAR offers numerous benefits, including potential access to capital, a critical mass of sector knowledge, a large pool of high-quality talent, and a launching point into local, regional and international markets
CONTINUE.... . MASDAR also offers a rapid set-up process, reduced tax footprint and probusiness environment.
BENEFITS Economic benefits include: • 100% foreign ownership • Quick and easy set up • No corporate or personal taxes • Unrestricted repatriation of both capital and profit • No recruitment restrictions • No currency restrictions • Visa processing and Government services
CONTINUE For most companies, whatever their size or stage of development, there are three main ways to benefit from engaging with MASDAR City: • as a pilot-study partner exploring technology solutions for the city, • as a supplier that provides the products and solutions used to develop and operate the city, or • as a partner that operates from the city, thereby benefiting from its one-of-a-kind clean tech cluster environment and from providing the city with products and solutions.
REAL ESTATE OFFERING The first commercial building is ready now. Companies registering with this will be able to fit out their facilities to their own specifications.
BUSINESS LICENSING SERVICES MASDAR City facilitates quick and straightforward incorporation services to businesses, allowing them the legal structure required to establish their businesses. Companies operating in MASDAR City do so in accordance with the MASDAR City Companies Registration Regulations.
OPTIONS TO SET UP ENTITIES Limited Liability Company (LLC) MASDAR CITY’s offer includes 100% foreign ownership, exemption from personal income and corporate taxes. The minimum required paid-up capital for incorporation of an LLC in MASDAR City is AED 150,000. Branch of a UAE Company Investors can register a branch office of a UAE company in MASDAR City.
LICENSING SEGMENTS Companies from the following segments are accepted in MASDAR (engaging in manufacturing, service, distribution etc). Energy generation Energy storage Energy transmission and distribution Energy efficient equipment Air and environment Water and waste water
CONTINUE... Waste recycling Transportation Green building Organic products NGO’s System applications System applications Network and infrastructure Marketing Media Service providers Regional Head Quarters
LICENCE FEE Exact figure of Licence fee can be determined according to the activity and project specifications. However, the fee starts from AED 20,000 and goes up to AED 50,000 (manufacturing).
CONTACT US
Morison Menon Chartered Accountants Level 15, Lake Central - At The Bay, Business Bay, Al Abraj Street, P. O. Box : 55535, Dubai, UAE