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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
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
HEDGE-SQUARE
For Discussion Purpose Only
h. Permission as to set-up business
outside respective Free Zone
Not Permitted Not Permitted Not Permitted
i. Whether Physical Presence of
Director or/and Manager is
required?
Depending on
the initial
approval of the
Authorities, they
may want
Director/
Manager to be
present before
them at the time
of processing the
request and
application form.
Depending on the
initial approval of
the Authorities,
they may want
Director/
Manager to be
present before
them at the time
of processing the
request and
application form.
AMS can act
through legal
representative
but Depending
on the initial
approval of the
Authorities, they
may want
Director/
Manager to be
present before
them at the time
of processing
the request and
application
j. Government Cost (Approx) 25,000 AED 38,000 AED 30,000 AED
k. Availability of Visa Yes Yes Yes
 
Hedge-Square Consultancy Services Pvt. Ltd.
Contact: +91 – 9870551611
Email: hemant@hedge-square.com
This material and the information contained herein prepared by Hedge-Square Management Consultants (HSQ) is intended to provide general
information on a particular subject or subjects and is not an exhaustive treatment of such subject(s). None of HSQ’s partners or their related entities is,
by means of this material, rendering professional advice or services. The information is not intended to be relied upon as the sole basis for any decision
which may affect you or your business. Before making any decision or taking any action that might affect your personal finances or business, you
should consult a qualified professional adviser. No entity in the HSQ Network shall be responsible for any loss whatsoever sustained by any person who
relies on this material.
© 2014 Hedge-Square Consultancy Services Pvt. Ltd. 

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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
  • 3. HEDGE-SQUARE For Discussion Purpose Only h. Permission as to set-up business outside respective Free Zone Not Permitted Not Permitted Not Permitted i. Whether Physical Presence of Director or/and Manager is required? Depending on the initial approval of the Authorities, they may want Director/ Manager to be present before them at the time of processing the request and application form. Depending on the initial approval of the Authorities, they may want Director/ Manager to be present before them at the time of processing the request and application form. AMS can act through legal representative but Depending on the initial approval of the Authorities, they may want Director/ Manager to be present before them at the time of processing the request and application j. Government Cost (Approx) 25,000 AED 38,000 AED 30,000 AED k. Availability of Visa Yes Yes Yes   Hedge-Square Consultancy Services Pvt. Ltd. Contact: +91 – 9870551611 Email: hemant@hedge-square.com This material and the information contained herein prepared by Hedge-Square Management Consultants (HSQ) is intended to provide general information on a particular subject or subjects and is not an exhaustive treatment of such subject(s). None of HSQ’s partners or their related entities is, by means of this material, rendering professional advice or services. The information is not intended to be relied upon as the sole basis for any decision which may affect you or your business. Before making any decision or taking any action that might affect your personal finances or business, you should consult a qualified professional adviser. No entity in the HSQ Network shall be responsible for any loss whatsoever sustained by any person who relies on this material. © 2014 Hedge-Square Consultancy Services Pvt. Ltd.