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Energy and Environment Park (Enpark) Free Zone Onshore Company, Dubai (U.A.E.)

Enpark

Enpark Company SetupEnpark is a dedicated free zone for energy and environment companies. Enpark is a member of TECOM Investments Science Cluster located at Dubai Biotechnology and Research Park widely known as Dubiotech.

Enpark constantly engages its business partners in pilot projects and public awareness campaigns in order to stimulate the growth of the industry. Examples vary from the Solar Street Lamps, an off-grid application provided by Enpark registered company PTL Solar and light disposal unit.

A fully integrated knowledge community, Enpark also includes value added services such as programmes, partnerships and amenities to support the success of environment companies and their employees. Enpark frequently hosts networking events for Enpark-licensed companies with the objective of providing an opportunity for all to share their scope of operations, products and services with industry peers. Enpark supports and organizes industry focused events aimed at educating professionals, government employees and students from the industry on the energy and environment applications focusing on different aspects of the energy and environment industry.

The Enpark site is ideally situated in Dubai and occupies a prominent location between Al Khail and Emirates road highways. It is just 10 minutes from Dubai International Airport and 60 minutes from Abu Dhabi, the capital city of the U.A.E. Additionally, its located 15 minutes from Jebel Ali port for easy imports, exports and logistics operations.

Location: Enpark, Dubai, (U.A.E.)
Permitted activity: Energy/ Renewable Energy/ Energy Efficiency Equipments/ Air and Environment/ Water and Waste Water/ Recycling and Solid Waste/ Transportation/ Green Building/ Organic Products and Associations (Non-Profit Organizations)
License available: Commercial license
Types of entities: Free Zone Limited Liability Company (FZ-LLC), branch office
Shareholder: Can be individual or corporate entity
Director: Individuals only
Share capital: Minimum of AED 50,000/-, whereas AED Nil/- in case of branch office
Audit: Audit report not required to be submitted to free zone authorities
Estimated time: Minimum of 5 - 6 working weeks to obtain final trade license
Key benefits:
  • Ownership, Taxation, Repatriation Advantage.
  • 100% foreign ownership.
  • 100% repatriation of capital and profits.
  • No personal income tax.
  • No corporate tax.
  • Wide range of leasing options starting form small serviced offices widely known as Business Center which extends upto larger commercial offices, laboratories and warehouses
Renewal: License of the company has to be renewed on annual basis. Penalty would be charged by the authority if license is renewed after expiry date.

Starting from AED 43,520/- onwards (inclusive of license, registration and business center-small serviced open office rentals) and renewal charges amounts to AED 40,010/- from next year onwards. However please note that the above mentioned charges can vary depending upon the number of license applied under one company and also depends upon the leasing/office facility acquired.

GBS provides you consultancy and helps you with company incorporation services at Enpark Free Zone.

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.