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 KIZADhttp://www.morisonmenon.com

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Provides an outstanding access to global marketsOffers a low cost environmentOffers both Free Zone and Non-Free Zone

optionsProvides 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

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

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continueHave 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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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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CONTINUE

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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continue

GCC countries includesSaudi Arabia OmanBahrain Kuwait UAE andQatar

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continueGCC 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 requirement3. 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  orEmail id:  dubai@morisonmenon.com