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Dubai Energy Park Company Formation

Dubai Energy Park Company Formation Packages

Dubai Energy Park Free Zone Company Formation

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Dubai Energy and Environment Park (EnPark) Free Zone Company Formation

Introduction – Free Zone Focus

Energy & Environment Park (EnPark) is a member of TECOM Investments Science Cluster and is housed at Dubai Biotechnology & Research Park (DuBiotech). EnPark is a free zone dedicated to energy and environment companies such as energy efficiency, renewable energy, waste management and green building companies.

EnPark is a founding member of the Green Economic Partnership which aims to enhance and support the position of Dubai in the global green economy value chain. The Green Economy for Sustainable Development was established by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Dubai Ruler, as part of Dubai’s green economy strategy.

The free zone is regulated by Dubai Technology & Media Free Zone Authority (DTMFZA).

EnPark’s strategic location in Dubai facilitates access to great opportunities in the MENA region. It is ideal for companies in the energy and environment value chain, facilitating them to undertake large projects involving the use of modern technologies.

EnPark was launched in 2000 and today more than 50 companies ranging from start-ups and SME’s to global energy giants have set up their operations in EnPark’s facilities. EnPark has become a talent pool of industry experts of every level. EnPark’s clients have the opportunity to collaborate with other industry players which means access to new business opportunities as well as operational synergies from the co-location of companies within the value chain.

To see  EnPark’s Interactive Presentation, Corporate Video, Brochure, Google Map and useful Application Forms follow this link

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Competitive Advantages: Why EnPark?

Start-Up Packages:Services for the First Year and Subsequent Years
RAK ICC Offshore Company RegistrationCompany Formation Services
Dubai or RAK Free Zone Company FormationCompany Incorporation Services and Company Annual Running Services
UAE VAT, Tax, AccountingOther Corporate Services
UAE New Economic Substance RulesUAE Economic Substance Services
Click Here For 5 Steps Dubai, RAK And UAE Company FormationEmail us Now to Get Quotation
  • 100% personal, income and corporate tax free for 50 years
  • 100% foreign ownership
  • 100% repatriation of profits and capital
  • Zero customs duty for goods and services
  • World-class infrastructure and services which enable successful and profitable operations
  • Ideal business environment for clients
  • Well known global, regional and local industry players
  • Cluster working environment which enables interaction and cooperation between companies throughout the industry’s value chain
  • State-of-the-art technology and advanced processes
  • One-stop shop providing governmental services – easy access to government and regulatory authorities
  • Easy, hassle-free registration of companies
  • Simple legal framework and company laws
  • 24/7 visa service
  • Services that add value – networking events, educational events,
  • Access to Knowledge Workers because of fast-track immigration process

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Dubai Energy and Environment Park  Contact Details

Driving Directions:
EnPark Management Office is on Umm Suqeim Road, between Al Khail Road and Mohamed Bin Zayed Road.

Tel: +971 4 449 62 22
Fax: +971 4 447 42 05
Website: www.enpark.ae
Email: sales@enpark.ae / marketing@enpark.ae

Dubai Energy and Environment Park Company Registration Process

Dubai Technology and Media Free Zone Authority (DTMFZ) approves the setting up and registration of EnPark’s companies.

Six steps to incorporate a FZ-LLC where the corporate person or the entity is the shareholder:

Note: to incorporate a FZ-LLC where (1) the natural person/individual and corporate person/entity are shareholders or (2) an FZ-LLC where the natural person/individual is a shareholder or (3) to incorporate a Branch please visit the EnPark website for more information.

Steps and Documents Required Client Actions
EnPark / DTMFZ Actions

Step 1:

Submission of application form for approval

Documents Required:

Company registration application form

Application form for license

Business plan

Color copy of passport for manager / director(s) / legal representative

Contact a sales rep at EnPark’s office based at DuBiotech Nucleotide Lab Complex and submit application for approval

Evaluation of application form

Inform the client of any external regulatory body approvals required

Timing: 5 working days

Step 2:

Submission of legal documents for registration of company

Documents Required:

Company registration application form

Details of shareholder(s)

Original Memorandum and Articles of Association

Board Resolution

Manager’s passport copy

NOC from residency visa sponsor

Specimen signature of manager

Director(s) passport copy

Director(s)’s specimen signature

Proof of Share Capital

Registration fee and license fee

Memorandum of Association of FZ-LLC

Agreement for personnel secondment

Certificate of Authorization for GSO

Submit the legal documents for registration of the company to EnPark

Issue the Customer Confirmation Letter and check that the legal documents have been collected

Timing: 2 working days

Step 3:

Sign and return Customer Confirmation Letter and make required payment

Sign and return the Customer Confirmation Letter and make payments (registration and license fee and first lease installment) to EnPark

Review legal documents and prepare AOA and MOA and Bank Introduction Letter

Timing: 2 working days

Step 4:

Sign Articles & Memorandum of Association

Go to Enpark to sign AOA and MOA and collect Bank Introduction Letter and resolution

Step 5:

Deposit share capital

Open a bank account in the name of the company, deposit share capital and take proof of capital letter to EnPark

Arrange License and Lease

Timing: 3 working days

Step 6:

Sign lease and personnel sponsorship agreement

Visit TECOM Leasing Department for signing of the lease, personnel sponsorship agreement and collection of the license

 Dubai Energy and Environment Park Services

  • Company registration
  • Commercial licenses
  • Issuing of visas
  • Fit-out process

Company Registration

The registration and establishment of companies in EnPark is approved and regulated by Dubai Technology & Media Free Zone Authority.

Types of Companies

Free Zone LLC (FZ-LLC)

  • A legal entity with shareholders as individuals and / or companies
  • At least one director
  • AED 50,000 minimum capital requirement

Branch

  • A branch of an foreign or local company – it is not a separate legal entity from its parent company
  • A branch has the same business activities as the parent company
  • There are no minimum capital requirements

Dubai Technology and Media Free Zone Authority’s Registration and Licensing Department issues commercial licenses and permits for the FZ-LLC and Branches.

Commercial Licenses:

  • The business activities of the company must be in compliance with the licensing regulations issued by DTMFZA
  • DTMFZA must approve the company’s business activity
  • The client must lease a facility of DTMFZA (link to products below)
  • The license covers the operation of a business within the free zone
  • Licenses are valid for a period of one year and are renewable annually (penalty or termination for late license renewals)

Amendments to Licenses

The following changes to licenses can be requested by EnPark’s clients:

  • Change of company name
  • Change of company address
  • Change of director
  • Change of manager
  • Additional business activity within the segment
  • Change of business activity within the segment

Transfer of Shares

A FZ-LLC company set up at EnPark can amend its share structure as follows:

  • Transfer of shares to new or existing shareholders
  • Increase of share capital via new shares to existing or new shareholders
  • Decrease of share capital

Other Changes to Licenses

  • Merge or amalgamation of two or more companies inside the free zone
  • Change from Branch of an overseas company to a FZ-LLC
  • De-registration and cancellation of licenses

Business Sectors

Companies from the below business sectors can apply for registration at EnPark:

  • Energy
  • Renewable energy
  • Energy efficiency equipment
  • Transportation
  • Green building
  • Organic products
  • Air and environment
  • Water and waste water
  • Recycling and sold waste
  • Professional associations (non-profit organisations)

General Sectors

  • General providers of services
  • Consultancy services
  • Providers of property management services
  • Regional headquarters
  • Hotels and leisure facilities

Regulation

EnPark is regulated by the Dubai, Technology & Media Free Zone Authority (DTMFZA) whose regulations are in line with global regulating standards, enabling the companies within the free zone to operate correctly.

Issuing of Visas

TECOM’s Government Services Operations (GSO) department is responsible for the issuing of visas. GSO also offers various other services, for example immigrations services, traffic and postal services with its one-stop shop.

Fit-Out Process

EnPark provides a “Fit-out Process” via TECOM’s Engineering Management Department which provides a one-stop shop service, handling the processes and approvals involved in setting up a facility.

Dubai Energy and Environment Park Products

  • BIO headquarters building
  • EnPark Executive Business Centre
  • Warehousing
  • Nucleotide Lab Facility
  • Plots of land

BIO Headquarters Building

  • Over 500,000 sq ft of office space
  • Prime location: between the Mall of the Emirates and Motor City on Umm Suqeim Road
  • State-of-the-art architect: 22 storey two twin tower structure
  • Various office sizes
  • Customised fittings and furniture to suit clients’ tastes and needs
  • Efficient interior office design
  • Private client access to facilities
  • Landscaped surroundings with water features and excellent sea views
  • Facilities management services
  • Shops and other facilities located between the towers
  • Easy access to housing and parks
  • Outdoor court
  • Double storey car parking for 1144 vehicles
  • 24/7 security

EnPark Executive Business Centre

  • Ready to use modern furnished and equipped offices
  • Workstations in open space areas
  • Ideal for SME’s and start-ups
  • Central location
  • Fast visa issuing
  • Excellent IT and Telecoms
  • Conference rooms, training rooms
  • Common seating areas
  • Handling of guests
  • Housekeeping
  • Access to office equipment
  • Collection and delivery of incoming mail
  • Arabic and English newspapers
  • 24/7 security and maintenance services

Warehousing

EnPark offers warehouses which are ideal for light industrial activities in the fields of green building, renewable energy, water, waste water, recycling and solid waste. They are also convenient for storage, distribution, logistics and can be used as showrooms.

  • Facility with 25 warehouses
  • Warehouse size 5,000 sq ft
  • Landscaped surroundings
  • Loading and unloading dock
  • Easy access by trucks and forklifts
  • Easy and safe movement of heavy products
  • Ideal location for imports, exports and logistics activities – near Jebel Ali port and Dubai International Airport, Al Maktoum Airport and major highways
  • Modern mechanical and electrical features
  • Fire and emergency systems
  • Roads between warehouse blocks
  • Catering facilities
  • Mezzanine floors which can be used as offices
  • Garbage disposal services
  • Own kitchen
  • Car parking
  • Prayer room

Nucleotide Lab Facility

EnPark’s state-of-the-art Nucleotide Lab is an office and laboratory facility ideal for activities such as energy production, research and product development and life sciences. It is the first LEED-certified laboratory in the MENA region.

  • 256,000 sq ft of area for lease
  • Partly furnished office facilities for sales and marketing
  • Space for 160 biological or chemical laboratories
  • Labs built with Class III Bio-safety standards
  • Fully furnished business centre
  • Retail facilities
  • Conference rooms
  • Showroom facilities
  • Excellent telecommunication and IT systems
  • Air exhaust and ventilation systems – labs have area for a biological safety cabinet with an exhaust system for filtering air
  • Temperature and pressurization control
  • Vacuum system
  • Water reverse osmosis / de-ionization systems
  • Acid resistant drainage & pH neutralisation systems
  • Sterilized and top quality stainless steel mechanical equipment
  • Emergency power system (electrical and air)
  • Lab facilities such as water systems, vacuum / air systems and drainage systems
  • Heating ventilation and air conditioning systems according to specific requirements, compressed air system
  • Waste management and drainage system
  • Chilled water system
  • Electrical services
  • Safety features in line with NFPA standards and Dubai Civil Defense requirements: fire suppression system, fire alarm system, evacuation plan
  • Green features: indoor air quality, daylight, water and energy efficiency, recycling, reduced carbon emissions
  • Tenant design guideline for help in designing environmentally-friendly client facilities
  • Common areas and utilities
  • Car parking

Plots of Land

  • Over 10 million sq ft land available for lease or sale
  • Ready infrastructure – road, electricity, telecommunications, water
  • Specific land development for environment & energy and the life sciences industries

Dubai Energy and Environment Park Major Clients:

  • Lukoil
  • First Solar
  • Averda
  • Conergy
  • ExxonMobil
  • Solar Reserve
  • Ecovar
  • Eco Ventures
  • SA Solar System
  • PTL Solar
  • Ethraa
  • EP&T Global
  • Cosentino

Information to download:

EnPark Video

Dubai Energy and Environment Park (EnPark) Map

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