Dubai World Central Free Zone

1. dubai world central “true joy is that which comes from progress and success” – HH Sheikh Mohammed Embracing the aerotropolis model, DWC is the result of a carefully designed, forward-looking master plan that sets the framework for Dubai’s economic future. An area of 140 square kilometers has been designated to create a self-sustained economic zone to support a multitude of activities including logistics, aviation, commercial, Key features exhibition, humanitarian, residential and leisure related businesses around a world-class airport with the planned annual capacity of 12 Co-located with the world’s 8th largest cargo airport million tonnes of cargo and 160 million passengers. * A number of leading companies such as Aramex, Kuehne + Nagel, Dedicated access to the world’s largest manmade port at JAFZA * Panalpina, INL, RSA and Hellmann-Calipar have already taken advantage of the world-class facilities and infrastructure and are Self contained city * currently operating out of DWC. Dedicated aviation and logistics districts * The From aviation and logistics to support services or general business establishments, the Business Park offers first-rate commercial buildings Venue of the World Expo 2020, with expected footfall of 25 million. * and offices that are centrally situated in what will become Dubai’s leading center of commerce and a logistics and aviation industry Full Free Zone benefits * cluster.

2. DWC represents the future centre of Dubai, an all- encompassing city… Excellent logistics World’s first planned aeropolis DWC offers all free zone •Ability to mortgage your premises to a bank or benefits, with the added financing company. advantage of being located •Onsite Customs. within Dubai… In addition to this, companies can FREE ZONE BENEFITS avail benefits from the extensive •100% foreign ownership. network of double-tax avoidance treaties that the United Arab •0% corporate tax for 50 years Emirates has signed with (a concession that is countries worldwide, including renewable). countries such as India, Pakistan, Singapore, China, Malaysia, •No restriction on capital Canada, Germany, Italy, Austria repatriation. and Holland. •0% import or re-export Dubai offers the additional duties. benefits of a very high standard •0% personal income tax. of living and a vibrant expatriate Recommended for logistics service providers & consultancy ventures, high growth trading startups. community with people from •No currency restrictions. over 180 nations living and •No restriction on foreign working in the region. talent or employees. © KPI Business Advisors & Consultants 2

3. TYPES OF LICENSES DOCUMENTATION REGISTRATION AND LICENSING COSTS Trading |Services | Industrial | Individual Shareholder Educational | Logistics Annual Licensing - Personal KYC TYPES OF COMPANIES General Trading License – Board Resolution calling for the US$ 5,500 establishment of the entity DWC-LLC – Single shareholder, no minimum share capital Trading/Service/Industrial/Lo Other routine documentation gistics/Educational License – DWC-LLC – Corporate shareholder, viz. application forms, specimen US$ 2,750 no minimum share capital signatures etc. VISAS DWC-LLC - Branch – of a Corporate Shareholder foreign/UAE company. 2-4 visas depending on size of Corporate KYC duly attested OFFICE BEARERS facility availed. from the UAE Embassy One Director Board Resolution calling for the establishment of the One Manager entity One Secretary Other routine documentation FACILITIES OFFERED viz. application forms, specimen signatures etc. Business Centre Offices – starting from US$ 8,200 –US$ 34,250, all inclusive (license fees, establishment card and setup charges) TAXATION No corporate tax or capital gains, no personal income tax or any other tax levied by the authority. FINANCIAL STATEMENT AUDIT | BUSINESS CONSULTING | MARKET ENTRY STRATEGIES | CORPORATE SERVICES | ENTERPRISE RISK MANAGEMENT | BUSINESS PROCESSES & KPI’s | CFO SERVICES | ERP IMPLEMENTATION Enabling Performance. Discovering Value © KPI Business Advisors & Consultants 3

4. ABOUT KPI another Audit firm in Dubai, one of the emerging market leaders. The KPI, an Audit and Advisory firm in firm transformed into a valued Dubai, as a practice has more than business partner in the GCC and Mr. two decades of heritage that we are Kamath headed the Consulting proud of; one that has seen economic Practice in the merged entity. highs and lows, along with the rise of Dubai and United Arab Emirates to In December 2011, the practice was international prominence. spun off from the merged entity and re-branded as KPI. Kamath Auditing was formed in the year 1992 in the UAE. The firm grew KPI is an independent member of quickly in fame among clients and GMN International, an association of the industries it operated in. In carefully selected professional KPI has a pedigree and a sound track record of consistency in providing advice tailored to your needs… addition to regular audits, clients accounting firms established and approached the firm for many respected in their own countries. advisory and consulting activities for GMN International has 70 offices in feasibility studies, due diligence, more than 32 countries across market research and valuation Europe, North America, South projects. America, Asia Pacific, Africa and the Middle East. In 2001, the firm was merged with Contact Us Suite 3108, The Citadel, Business Bay P.O.Box 121395, Dubai, United Arab Emirates Tel: +971 4 455 1010 Fax: +971 4 455 1011 admin@kpi-global.com DISCLAIMER While every effort has been made to ensure that the most recent and pertinent information is available on this site, it is possible that some of this information may have changed after it was posted here. Please note that this information does not constitute legal or professional advice. Please write to us at admin@kpi- global.com for the latest information and appropriate advice. GMN International is an association of legally independent accounting and business advisory firms. Each firm is a separate and independent legal entity and as such has no liability for the acts or omissions of any other associate firm. GMN International is the brand name for GMNI Coordination Limited (GMNICL), a UK company limited by guarantee which provides coordination services to its members. GMNICL does not provide, supervise or manage services to clients and is not responsible or liable for the acts or omissions of any of its members nor can it control the exercise of their professional judgment or bind them in any way. Services are delivered to clients by the members of GMNICL. GMN International is an association and does not fall within the definition of "network" under the International Federation of Accountants (IFAC) Code of Ethics, Section 290 and the European Union Statutory Audit (revised 8th Company Law) Directive.