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The Ahmed Bin Rashed Port & Free Zone
is located on the West Coast of the United Arab Emirates,
in the Emirate of Umm Al Quwain (UAQ).
The Free Zone complex consists of 845m of quay wall
with 400m capable of handling ocean-going vessels, and
118,000m² of land reserved for light Industrial Development.
Standard services of water, electricity, communications,
labor accommodation are all available. In addition,
the Free Zone provides a comprehensive administrative
and logistic support to the tenant.
Investment Incentives
|
License Type |
Issued To |
Activities Allowed |
|
General Trading |
Companies incorporated outside or
legally established outside UAE. |
Trading Purposes
(Cargo must
be brought directly or indirectly to the port)
|
|
Management & Consultancy |
Companies incorporated outside or
legally established outside UAE. |
Management & Consultancy Companies
incorporated outside or legally established outside
UAE. Management & consultancy services (except
for shipping agencies) |
|
Special License |
- |
- |
Investment Procedures:
A company interested in setting up a project with the
Ahmed Bin Rashid Free Zone needs to submit a completed
application form.
After receipt of the completed application form the
Free Zone Authority will consider the proposal. Once
provisional approval has been given the Company or their
legal representative will be called for a meeting to
discuss and finalize details of the project.
Upon finalization of project details, the Authority
will prepare Lease and Secondment Agreements for signature.
When the agreements have been prepared a meeting between
the company and the authority will be arranged, during
which the Lease and Secondment Agreements will be signed.
The applicant Company will then be asked to pay the
Special License fee prior to issue of the aforesaid
License.
The Lease Agreement between the Authority and applicant
Company will be for a period of fifteen years with an
optional renewal period to be agreed upon.
Under this Agreement the Authority will sponsor staff
on behalf of the company. Applications for entry permits
may be submitted once the Lease & Secondment Agreements
have been signed, Special License issued and construction
commenced. Staff sponsored by the Authority may not
obtain employment outside the Free Zone in the UAE.
A Special License is issued upon signing of Lease &
Personnel Secondment Agreements between the Free Zone
Authority and Investor, valid for one year & is renewable
annually.
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