Company Formation In Dubai Energy And Environment Park (Enpark) – Tecom

Energy and Environment Park (Enpark) is an initiative of Dubai Technology and Media

Free Zone. Enpark is a Free Zone spanning over 8 million square feet of office, research

centre, residential, educational and leisure facilities located next to the Dubai Police

School, United Arab Emirates. Phase I of the ENPARK project is set to be completed by

2010.

Enpark is a special destination for clean energy and environmental technology

companies to operate and a fully-integrated knowledge community that includes

programs, services, partnerships and amenities to support the success of environment

companies and their employees. Combining the unique assets of being at the heart

of the international hub for the Region with the exclusive experience of a sustainable

community, ENPARK’s ambition is to offer a world class sustainable lifestyle and build a

sustainable culture.

The park proposes to create a comprehensive eco-friendly community while ensuring a

high level of welfare and quality of living for residents and workers. ENPARK will work

with leading energy and environment companies to ensure best practices and policies

are implemented in every element in the design and construction of the park.

ENPARK will have renewable and efficient water utilities, as well as clean and efficient

transportation facilities as part of its infrastructure. Intelligent building systems,

including energy management control, renewable energy production monitoring, fire

alarm monitoring and security systems, will be a feature of the park.

The park also emphasizes on Clean vehicle technologies (retrofit/showcases),

circulation within the zone will be dedicated to green cars certification standards,

fully pedestrian friendly area renewable and efficient utilities: water conservation

and reclamation, gas/hydrogen infrastructure. Efficient power, water and cooling

infrastructure augmented by renewable energy as well as advanced waste processing

and recycling. Fully Green Buildings park featuring state-of-the-art telecommunication

infrastructure for this self-contained and self-sustaining community.

Features

• 100% tax free

• 100% foreign ownership

• No corporate tax

• No income tax for 50 years

• No custom duty

• Full currency convertibility

• Hassle-free company laws and legal framework

Form of registration

       • As a branch of a foreign company - no minimum capital required.

       • As a branch of a UAE company - no minimum capital required.

       • As a Free Zone Limited Liability Company (FZ LLC) - minimum share capital is

           AED 300,000.

Facility costs and type of license

• Registration Fee one time (FZ-LLC) AED 3,500

• Registration Fee one time (Branch) AED 3,500

Winston Wambua

For more information please contact me on

Mobile +971553350517

Email: winstonk@live.com

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