MASDARfree zone in ABU DHABI

MASDAR

MASDAR is a multi faceted company meant forthe providing solutions for development,production, deployment of renewable energyresources. It is an emerging hub in this globalindustry

MASDAR ensures not onlythe sustainable future ofAbudhabi but alsosustainable urban planning,design and its development

CONTINUEMASDAR CITY is acombination ofCommunity of energyresources &Clean tech companies

The International Renewable EnergyAgency (IRENA), an intergovernmentalorganization dedicated to promoting theadoption of renewable energy solutionsworldwide, will also locate its secretariatat MASDAR City.

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SPECIALITIESAs an industry cluster, thecity creates a dynamic,international and entrepreneurial community

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MASDAR City itself represents a majormarket and customer for clean techproducts and solutions

The city offers companies the opportunity to testtechnologies and, through the building of the city,provides the only large-scale platform of its kindanywhere in the world for testing cutting-edge cleantech technologies.

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ITS ENVIRONMENTMASDAR is designed in such away that its environment is one ofbiggest factor for flourishingbusiness there.The leading companies likeGeneral Electric,Schneider Electric,Bayer Material Science, BASF,SENER and many more companies areattracted to this MASDAR because of its environment.

WHY MASDAR

MASDAR offers numerous benefits,including potential access to capital, acritical mass of sector knowledge, alarge pool of high-quality talent, and alaunching point into local, regional andinternational markets

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MASDAR also offers a rapid set-upprocess, reduced tax footprint and pro-business environment.

BENEFITS

Economic benefits include:• 100% foreign ownership• Quick and easy set up• No corporate or personal taxes• Unrestricted repatriation of both capitaland profit• No recruitment restrictions• No currency restrictions • Visa processing and Government services

For most companies, whatever their size or stage ofdevelopment, there are three main ways to benefitfrom engaging with MASDAR City: • as a pilot-study partner exploring technologysolutions for the city, • as a supplier that provides the products and solutionsused to develop and operate the city, or • as a partner that operates from the city, therebybenefiting from its one-of-a-kind clean tech clusterenvironment and from providing the city with productsand solutions.

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REAL ESTATE OFFERING

The first commercial building is ready now.Companies registering with this will be ableto fit out their facilities to their ownspecifications.

BUSINESS LICENSING SERVICES

MASDAR City facilitates quick andstraightforward incorporationservices to businesses, allowingthem the legal structure requiredto establish their businesses.Companies operating in MASDARCity do so in accordance with theMASDAR City CompaniesRegistration Regulations.

OPTIONS TO SET UP ENTITIES

Limited Liability Company (LLC)MASDAR CITY’s offer includes 100% foreign ownership,exemption from personal income and corporate taxes. Theminimum required paid-up capital for incorporation of an LLCin MASDARCity is AED 150,000.

Branch of a UAE CompanyInvestors can register a branch office of aUAE company in MASDAR City.

LICENSING SEGMENTS

Companies from thefollowing segments areaccepted in MASDAR(engaging in manufacturing,service, distribution etc).Energy generationEnergy storageEnergy transmission anddistributionEnergy efficient equipmentAir and environmentWater and waste water

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Waste recyclingTransportationGreen buildingOrganic productsNGO’sSystem applications

System applicationsNetwork and infrastructureMarketingMediaService providersRegional Head Quarters

LICENCE FEE

Exact figure of Licence fee can be determined according to theactivity and project specifications. However, the fee starts fromAED 20,000 and goes up to AED 50,000 (manufacturing).

CONTACT US

Morison Menon Chartered Accountants Level 15, Lake Central - At The Bay,

Business Bay,Al Abraj Street,

P. O. Box : 55535,Dubai, UAE