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Comparision of fee zones in uae
1. HEDGE-SQUARE
For Discussion Purpose Only
CRITERIA IN SUMMARY - FOR THE COMPANY & BRANCH IN:
Dubai Knowledge Village (DKV), Ras Al-Khaimah (RAK), Sharjah Airport International Fee Zone
(SAIF)
(For the Company)
No. Particulars DKV RAK SAIF
a. Minimum Paid-up Capital 50,000 AED
(Needs to be
deposited in to
bank account)
1,00,000 AED
(Need to be
deposited in to the
bank account)
1,50,000 AED
(Need not to be
deposited in to
bank account)
b. Minimum Number of Directors 3 (Three) 1 (One) 1 (One)
c. Physical Office Yes Not Mandatory Not Mandatory
d. Acceptability of Virtual Office No Yes (For two
Employment Visas
Only)
Yes (For three
Employment
Visas only)
e. Time Required 30-40 Days 20 -30 Days 20 -30 Days
f. Repatriation Benefits No Limit on
Repatriation
No Limit on
Repatriation
No Limit on
Repatriation
g. Permission as to do business
outside Free Zone
Permitted Permitted Restricted
h. Permission as to set-up business
outside respective Free Zone
Not Permitted Not Permitted Restricted
i. Whether Physical Presence of
Director or/and Manager is
required?
Depending on
the initial
approval of the
Authorities, they
may want
Depending on the
initial approval of
the Authorities,
they may want
Director/ Manager
AMS can act
through legal
representative but
Depending on the
initial approval of
2. HEDGE-SQUARE
For Discussion Purpose Only
Director/
Manager to be
present before
them at the time
of processing the
request and
application form.
to be present
before them at the
time of processing
the request and
application form.
the Authorities,
they may want
Director/
Manager to be
present before
them at the time
of processing the
request and
application form.
j. Government Cost (Approx) 25,000 AED 38,000 AED 30,000 AED
k. Availability of Visa Yes Yes Yes
l. Auditor Requirement Audit of the
Financials needs
to be carried
every year.
Audit will be done
by the designated
auditor once in a
year.
Audit of the
Financials needs
to be carried
every year.
(For the Branch)
No. Particulars DKV RAK SAIF
a. Minimum Paid-up Capital No No Not Required
b. Minimum Number of Officers 1 (One) 1 (One) 1 (One)
c. Compulsion on the Physical
Office
Yes No No
d. Acceptability of Virtual Office No Yes Yes
e. Time Required 30-40 Days 20 -30 Days 20 -30 Days
f. Repatriation Benefits No Limit on
Repatriation
No Limit on
Repatriation
No Limit on
Repatriation
g. Permission as to do business
outside Free Zone
Permitted Permitted Permitted