Do you want to set up business in KIZAD
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ABOUT KIZAD ď‚— 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).
ď‚— 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 http://www.morisonmenon.com
TOP VIEW OF KIZAD http://www.morisonmenon.com
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 Kizad’s 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 http://www.morisonmenon.com
continue 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. http://www.morisonmenon.com
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 http://www.morisonmenon.com
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 ofhttp://www.morisonmenon.com entity (free zone or non-free zone)
TERMS AND CONDITIONS ď‚— 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.
ď‚— Industries in Free Zone area is considered as foreign
company and wont have any duty exemption on products while exporting to GCC countries. http://www.morisonmenon.com
continue GCC countries includes Saudi Arabia Oman Bahrain Kuwait UAE and Qatar http://www.morisonmenon.com
continue 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
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CALL US : +97142762233 or Email id: dubai@morisonmenon.com