KIZAD: KHALIFA PORT FREE TRADE ZONE

Updated: 2024-08-01 15:30:36

Source: KIZAD

 

Khalifa Port Free Trade Zone (Khalifa Port FTZ) is a next-generation platform for trade, logistics and manufacturing. It promises to change the face of doing business in the region through the success of KIZAD’s onshore structure and the benefits of an offshore free zone.

 

100 KM2 OF FREE ZONE OPPORTUNITIES IN ABU DHABI

Today, businesses are expanding rapidly, which means, there’s a growing demand for more free zone space. That’s why KIZAD added the new Khalifa Port Free Trade Zone (Khalifa Port FTZ) to its world-class infrastructure portfolio.

 

Khalifa Port FTZ offers a competitive operating cost environment and a meticulously designed setting that makes it easier than ever to do business.

 

Investors choosing the Khalifa Port FTZ are provided with an array of business set-up services that streamline their registration and licensing processes, while offering them executive offices and flexible workstations/dedicated desks, as a complementary offering to the overall value proposition of the industrial zone.

 

Khalifa Port FTZ boasts a wide portfolio of investment sectors including aluminium, automotive, engineered metals, port logistics, food processing, pharmaceuticals, packaging, polymer converting and other industries that rely on Khalifa Port. Also in place is a flexible master plan that is capable of accommodating more industries in the future from a land-use perspective.

 

Combining the legacy and success of KIZAD’s onshore structure with the traditional benefits of an offshore free zone, Khalifa Port FTZ is set to become the future hub for trade, logistics and manufacturing, and is primed to change the way business is done in the region.

 

Areas ‘A’ and ‘B’

Within the additional free zone territories allocated in the 16 sq km Area ‘A’, KIZAD is master-planning the Business Park, District and Local Centres.

 

KIZAD Business Park in Area ‘A’ offers multiple real estate opportunities and welcomes interested suppliers to serve the needs of over 50,000 customers, both employees and visitors.

 

Spanning a total area of 84 sqkm, Area ‘B’ will feature heavy, light & logistics industries, commercial complexes, big-box retail stores, town centre and mixed-use developments, as well as residential developments.

 

HOW TO APPLY

If you are planning to setup your business at KIZAD, the application forms and procedures described therein will help you get started and consider the next steps.

 

In order to become an investor at Khalifa Port FTZ, you must secure a confirmation of lease agreement as pre-requisite document, and register your company.

 

COMPANY LICENSE TYPE

Familiarise yourself with the basics of business licensing that is compliant with the United Arab Emirates’ legal provisions.

 

Industrial License

Permits import of raw material, manufacturing, processing, assembling, packaging and export of intermediate and / or finished product and such other industrial activities as are published in the Industrial License (Category List).

 

Trading License OR General Trading License

Permits trading activities that include import, export, distribution, stocking, warehousing of products and items specified on the License and such other trading activities as are published in the Trading License (Category List).

 

A General Trading License maybe issued if the total number of products exceed 17 (Seventeen) or total number of groups exceed 3 (three).

 

Service License

Permits service activities such as management and economic consulting services, marketing services, logistical support services such as cargo and freight forwarding, restaurants, retail food outlets, catering services, travel agencies, etc. as are published in the Service License (Category List).

 

Issue of License

The following categories of Licenses are issued to operate a business within Khalifa Port FTZ in accordance with the Governing Regulations subject to fulfilment of all procedural requirements.

 

COMPANY LEGAL TYPE

Find starter information about the different types of business establishments that can be set-up at KIZAD, as defined in the United Arab Emirates’ company laws.

 

Limited liability Company

The Company is a limited liability company, having a minimum paid-up capital of AED 150,000 or such higher paid-up capital as may be prescribed.

 

The limited liability company can be owned by individual or corporate or individual and corporate.

 

Branch Company

The branch company having valid registration and license outside Khalifa Port FTZ can apply for the formation of a branch company.

 

The branch company can be either registered as a branch of UAE Company or a branch of foreign Company.

 

REGISTRATION & LICENSING PROCEDURES

We offer a helping hand at every stage of setting up your business here, including the registration and licensing stage, through dedicated support personnel for applicants.

 

Khalifa Port FTZ offers a streamlined and efficient registration and licensing process which ensures that most licenses are issued within a week of submission of the completed application, payment and relevant documentation.

 

During this process, dedicated Client Relationship Executives are appointed to all applicants to provide support. This single point of contact ensures that licensing, visas applications and other services are all executed smoothly and efficiently.

 

Online registration will guide you to set up the company according to the legal type, license type and facility type.