ABUDHABI,DUBAI&SHARJAH-UAE

�  Al Maqtari Auditing is one of the leading professional firms of Auditors and Consultants in UAE. Our membership with AGN International which is a worldwide association of separate and independent accounting and consulting firms helps us to bring the world closer to our clients.

�  Al Maqtari Auditing has been providing quality audit and assurance and other consulting services for the past 30 years to the UAE business community.

�  Our team includes qualified Chartered Accountants, FCAAs, CPAs, CISAs, CIAs, CISI.

�  We have registration in all major Free Zones of UAE and are well equipped to carry out our professional services in all Emirates of UAE.

Al Maqtari Auditing was established in Abu Dhabi , U.A.E. in 1986 and is operating through its main offices in Abu Dhabi, Dubai (2 offices) and Sharjah. We have opened a new branch in Muscat, Sultanate of Oman in April 2015. Mr. Ahmed Mohammed Al Maqtari is the Founder of Al Maqtari Auditing who passed away in March 2017 leaving behind a legacy of 40 years of professional practice as Auditor, Accountant and Legal Consultant. Mr. Mohamed Ali Alameri has taken over as Managing Director of Al Maqtari Auditing. Mr. Mohandas Balakrishnan is the Managing Partner in Dubai, Hamriyah and Sharjah Airport Free Zone. ü  The firm has been approved as a registered agent in Hamriyah Free

Zone and in Sharjah Airport International Free Zone (SAIF Zone). ü  Al Maqtari Auditing is registered as Auditor for auditing non-regulated

DIFC entities operating there. ü  Al Maqtari Auditing is a registered offshore Agent in JAFZA (Jebel Ali

Free Zone Authority). ü  Al Maqtari Auditing has been approved as a registered PCAOB

(Public Company Accounting Oversight Board) Auditor in UAE.

Management teamOur management team comprises of qualified Chartered Accountants, Certified Public Accountants with adequate experience in audit, accounting and financial consulting. Their experience includes senior positions with big four audit firms and large business houses. We have 5 partners and around 30 staff working in UAE. The staff consists of professional Accountants from India, Philippines, Sri Lanka, Sudan and Egypt.

The Late Ahmed Mohamed Al Maqtari FCCA (1948 – 2017)

• Associate – Institute of Chartered Arbitrators • Member – Institute of Chartered Arbitrators • Registered arbitrator with the Abu Dhabi Chamber of Commerce, Commercial Arbitration Centre and the Bahrain based Gulf Cooperation Council (GCC) Arbitration Centre.

ü  Spicer & Pegler, Cambridge, U.K. (4 years) ü  Fisons Ltd. Agrochemical Division, Harston, Cambridge,

U.K.(3years) ü  Ernst and Whinney, Dubai, U.A.E. (1 year) ü  Abu Dhabi Company for Onshore Oil operations (ADCO)

Abu Dhabi, U.A.E. (16 years) ü  Founder of Al Maqtari Auditing

Mohamed Ali Alameri ü  Bachelor degree in Business Administration (Accounting)

ü  Abu Dhabi Company for Onshore Petroleum Operations Ltd (ADCO) Abu Dhabi, U.A.E as Finance Controller (15 years)

ü  Managing Director of Al Maqtari Auditing from April 2017 onwards.

Mohandas Balakrishnan FCA, CISA, CIA, Dip IFRS

ü  Qualified Chartered Accountant from India with over 30 years of expertise in the field of Accounting, External Audit, Internal Audit and Compliance Audit.

ü  Career with Deloitte & Touché, Muscat & Dubai, Oman (2 years)

ü  BKR International, Dubai as Audit Manager (10 years)

ü  M&M Auditing, CPA Associates International, Dubai as Managing Partner (6 years)

ü  Presently with Al Maqtari Auditing, Dubai, UAE as Managing Partner since 2011.

Stefano Ledda ü  Qualified in Italy as Doctor (equivalent to a Master’s degree) in

Sciences of Economical and Financial Security, as Doctor in Economy and Commerce and as Doctor in Jurisprudence (Law).

ü  Financial modelling expert, with particular experience in the sector of financial model reviews where he developed the practice from scratch for a Big 4 in Italy in the early 2000’s. His vast experience is underlined by his professional transaction work in 3 continents over 16 years.

ü  He has joined Al Maqtari Auditing firm at the end of 2014 with the strategic objective of enabling the firm to be the go-to team for model “audit” services in the Middle East .

Emad Zakaria Saad MSc, CIA, CISA ü  Graduated from University of Central England in Birmingham

with Master Degree in Audit Management and Consultancy. ü  Audit and management consultancy profession for over

thirteen years. His professional experience with the big 4 audit and accounting firms has added tremendously to his knowledge and skills.

ü  Worked for KPMG for the period from 1989 to 1996 in the position of Audit Supervisor.

Services We provide a vast array of services to our clients, and cover most business and finance related areas.

�  Auditing - External Our Audit emphasizes planning and conducting the work in accordance with International standards on Auditing (ISAs) pronounced by International Auditing and Assurance Standards Board (IASSB) under the auspices of the International Federation of Accountants (IFAC) and applicable requirements of the UAE laws. �  Auditing – Internal We are fully equipped to provide internal audit solutions. We have undertaken assignments in major brokerage firms in Dubai (Compliance auditor) in accordance with the regulations of Securities and Commodities Authority –SCA.

�  Financial consulting Our financial consulting services include, consulting for sourcing and structuring finance, preparation of project reports, feasibility reports and developing financial strategy.

�  Business Consulting Our consulting services include establishment of business plan, feasibility study in conjunction with management, review of business process, profit improvement studies, corporate advice, free zone services and formulation of business and financial strategy. �  Accounting Our accounting services include, computerized accounting of all business transactions to assure that the accounts are prepared in accordance with International Financial Reporting Standards issued by IASB. We do reconciliation of accounts, periodical management accounts and reports, analysis of management reports, and preparation of annual financial statements.

� Other services Other services include, ü Incorporation of companies in free zones, ü Registration of Limited Liability Companies, ü Incorporation /Acting as agents for offshore

companies established in JAFZA & RAKIA, ü Arbitration ü Liquidation ü Feasibility Studies ü Company Valuation

Doing Business in UAE SalientfeaturesofCompaniesintheUAEv 100 per cent foreign ownership v 100 per cent import and export tax exemptions v 100 per cent repatriation of capital and profits v No corporate taxes, no personal income taxes,

No withholding tax v No employees recruitment restrictions

Abu Dhabi � FREE ZONES Establishing a business entity in specialized economic zones

(Free Zones) can be an attractive option for foreign investors and businesses. Free Zones contribute to stimulating the economy by attracting foreign direct investment, generating thousands of jobs, increasing non-oil exports, encouraging the setting up of ancillary industries, and helping in the transfer of knowledge, expertise and technology to the country.

KIZADMASDARAbuDhabiAirportBusinessCity

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KIZAD�  The Khalifa Industrial Zone Abu Dhabi (Kizad), is one of the world’s

largest industrial zones. This mega-project, which is a part of Abu Dhabi Ports Company(ADPC), will span 417 sq km and prove to be an integral part in the Abu Dhabi Government’s Economic Vision of diversifying its economy.

�  Kizad has outstanding access to global markets and low cost operating environment. It offers both Free Zone and Non-Free Zone options for companies.

�  Through its vertically-integrated clusters, Kizad will bring together upstream, midstream, and downstream producers, offering bussiness’s efficiencies of scale. Industries will further benefit from Kizad’s low cost powe, water and gas along with no custom duties to pay and being in a tax haven location. In addition, potential tenants will be subject to competitive leasing costs.

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MASDAR�  Masdar is a multi-faceted company advancing the

development, commercialization and deployment of renewable energy solutions and clean technologies.

�  Masdar City, a six-sqaure-kilometre special economic zone, is a place where businesses can thrive and innovation can flourish.

�  As a special economic zone, Masdar City offers, amongst other benefits , a rapid set-up process , reduced tax footprint and pro-business environment. Economic benefits include:

�  100% foreign ownership �  Quick and easy set up �  No corporate or personal taxes �  Unrestricted repatriation of both capital and profits.

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AbuDhabiAirportBusinessCity�  As part of the Government of Abu Dhabi’s Vision 2030 for

the Emirate to become a dynamic economy, we have established Abu Dhabi Airport Business City to own, operate, develop and manage business/logistics parks and business centres – known as Free Zones - around our airports.

�  These Free Zones provide comprehensive warehousing and fully serviced office solutions to a broad spectrum of business sectors, along with a number of other significant and very unique advantages.

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World Expos The Great Exhibition, held in London in 1851, inaugurated World Expos as the hallmark events of a world aspiring to strengthen its connections, celebrate its cultural diversity and marvel at its technological wonders. Today, World Expos remain a key meeting point for the global community to share innovations and make progress on issues of international importance such as the global economy, sustainable development and improved quality of life for the world’s population. Every five years, World Expos attract millions of visitors who explore and discover pavilions, exhibitions and cultural events staged by hundreds of participants including nations, international organisations and businesses. Each World Expo is a catalyst for economic, cultural and social transformation and generates important legacies for the host city and nation. For instance, Shanghai 2010 World Expo helped transform a heavily industrial city-centre area into a thriving cultural and commercial district while also bringing its theme “Better City, Better Life” to the attention of 73 million people. The next World Expo takes place in Milan, Italy, in 2015. The focus: “Feeding the Planet, Energy for Life”.

Expo2020 –Dubai, UAE � A World Expo in Dubai in 2020 would be the first

to be held in the MENASA (Middle East, North Africa and South Asia) region. As the global community faces ever more complex, and increasingly interconnected challenges, the links between people, societies and ideas have never been more important. Dubai Expo 2020 will be a platform for connectivity to help pioneer new partnerships for growth and sustainability for the future.

ThemeExpo2020�  Dubai has a long history of facilitating connections and pioneering new ideas and

Dubai Expo 2020 would be no different, with a predicted 70 per cent of the expected 25 million visitors originating from outside the host nation, making it the most international event in the history of Expo.

�  It would therefore provide a unique platform for the global community to come together and explore creative and pioneering solutions to the three subthemes which have been identified as key drivers of global development: Sustainability - lasting sources of energy and water Mobility - smart systems of logistics and transportation Opportunity - new paths to economic development The focus will be on exploring their interdependencies and identifying potential partnerships, ultimately resulting in a legacy of innovation.

Dubai�  JebelAli�  DIFC�  DubaiMulDCommodiDesCentre(DMCC)�  DubaiSiliconOasis(DSO)�  DubaiInternetCity(DIC)�  DubaiMediaCity(DMC)�  DubaiKnowledgeVillage(DKV)�  DubaiInternaDonalAcademicCity(DIAC)�  DubaiHealthcareCity(DHCC)�  DubaiWorldCentral–LogisDcsCity�  RASALKHAIMAHOFFSHORE

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JAFZA Offshore companies are special status non-resident companies formed as per the JAFZA Offshore Companies Regulations 2003. The offshore companies’ shares may be subscribed by individuals or corporate bodies both residents and non-residents of UAE. Such type of companies can be used as special purpose vehicles for commercial investment & owning freehold properties in UAE.

�  Company Status-Limited Liability �  Shareholders-Minimum One; no maximum �  Suffix to the Name-‘Limited’ �  Capital Structure-Decided by the Shareholders �  Shares-Must be fully paid up when allotted No Bearer Shares allowed All shares must be of same class �  Administration-Must have a Registered Agent approved by JAFZA Registered office may be in JAFZA or in Dubai �  Directors-Minimum two directors �  Secretary-Must have a Secretary �  RegistrationFee-AED 10,000 �  Renewal-Registration must be renewed annually (fee AED 2,500)

JebelAliFreeZoneOffshoreCos

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DIFC�  One of the principal factors behind the success of DIFC is its independent risk-based regulator, the

Dubai Financial Services Authority (DFSA), which grants licenses and regulates the activities of financial services conducted through DIFC.

�  Access a dynamic and growing region from a modern and secure banking environment �  Insurance �  Expand your reach with our world-class infrastructure, legislation and regulation �  Wealth Management �  Expand your regional business with a presence in Dubai �  Capital Markets �  Use our international platform to access regional markets �  Commercial Firms �  Professional Services �  Explore an unprecedented professional services opportunity �  Management Offices �  Choose the optimal corporate or family headquarters �  Global Corporates �  Benefit from our familiar regulations and tax-optimized structure �  Retailers �  Reach the professional community

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DubaiMulDCommodiDesCentre(DMCC)�  Managed by-DMCC Authority �  Segments- Commodities, Gold, Diamond, Pearl, Tea, Cotton, Metals, Minerals �  Type of Legal Entities-DMCC Company �  Minimum Capital (physical)-AED 200,000 �  No. of shareholders- Minimum one; No Maximum (Subscription must be AED 50,000 over and above the standard minimum capital) �  Shareholding Structure- Natural Person(s) and/or Corporate(s) �  Facilities Offered- Office, Land, Light Industrial Unit (Jewellery and Gemplex)

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DubaiSiliconOasis(DSO)�  Segments- Microelectronics: Integrated Circuit Design, EDA Tools, Nanotechnology,

Photovoltaic Industry, Semiconductor Industry. General Activities: Information Technology, Telecommunication, Electronics,

Computer Hardware, Software Development and Solutions, Electrical Appliances & Equipment

�  Type of Legal Entities- Free Zone Establishment (FZE), Free Zone Company (FZCO), Branch of

Local Company, Branch of Foreign Company �  Minimum Capital (physical)-FZE: AED 100,000 (represented by 1 share);

FZCO: AED 100,000 �  No. of shareholders- FZE: One FZCO: Minimum 2 and Maximum 10 �  Shareholding Structure-Natural Person(s) and/or Corporate(s) �  Facilities Offered- Pre-furnished Office, Light Industrial Unit (LIU), Land

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DubaiInternetCity(DIC)�  Managed by- TECOM Investments Regulated by Dubai Technology & Media Free Zone Authority

(DTMFZA) �  Segments- Software, Internet and Multimedia, Telecommunication and Network,

IT Services �  No. of shareholders-Minimum One and Maximum Fifty �  Shareholding Structure-Natural Person(s) and/or Corporate(s)

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DubaiMediaCity(DMC)�  Managed by- TECOM Investments Regulated by Dubai Technology & Media Free Zone Authority (DTMFZA) �  Segments- Advertising and Communication, Media and Marketing Services, Media Support

Services, Event Management, Event Support Services, Media Consultancy, New Media, Freelancers and Non-Profit Association

�  Type of Legal Entities- Free Zone Limited Liability Company (FZ-LLC), Branch of Local Company, Branch of

Foreign Company �  Minimum Capital (physical)- AED 50,000; AED 2,500,000 for activities within Broadcasting TV Segment and Broadcasting

Radio Segment (except IP streaming) Branch: N/A �  No. of shareholders-Minimum One and Maximum Fifty �  Shareholding Structure-Natural Person(s) and/or Corporate(s)

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DubaiKnowledgeVillage(DKV)�  Segments- Human Resource Management, Executive Search, Content

Development Centre, Assessment and Testing, Linguistics, Research & Development, Academic Service Provider, Human Resource Consultancy

�  Type of Legal Entities- Free Zone Limited Liability Company (FZ-LLC), Branch of Local

Company, Branch of Foreign Company �  Minimum Capital (physical)-AED 50,000 �  No. of shareholders-Minimum One and Maximum Fifty �  Shareholding Structure-Natural Person(s) and/or Corporate(s)

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DubaiInternaDonalAcademicCity(DIAC)�  Segments- Higher Education Provider, Online University, Education

Service Provider, Non-Academic Service Provider, Branch School, Boarding School, Freelancers

�  Type of Legal Entities- Free Zone Limited Liability Company (FZ-LLC), Branch of

Local Company, Branch of Foreign Company �  Minimum Capital (physical)-AED 50,000 �  No. of shareholders-Minimum One and Maximum Fifty �  Shareholding Structure-Natural Person(s) and/or Corporate(s)

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DubaiHealthcareCity(DHCC)�  Segments- Conventional Medical Services, Complimentary and Alternative

Medicine, Medical Education and Research, Healthcare Commercial Services, Hospitals, Diagnostic Laboratories, Support Services

�  Type of Legal Entities- Free Zone Limited Liability Company (FZ-LLC), Branch of Local

Company, Branch of Foreign Company �  Minimum Capital (physical)- Hospitals : AED 1,000,000 Clinical Outpatient Segment: AED 300,000 All other activities: AED 50,000 �  No. of shareholders-Minimum One and Maximum Thirty �  Shareholding Structure-Natural Person(s) and/or Corporate(s) �  Facilities Offered-Commercial Spaces (Clinics, Offices, Retail

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DubaiWorldCentral–LogisDcsCity�  Segments- Logistics, Specified Light Manufacturing, General Trading,

Service, Education (specific) �  Type of Legal Entities- DWC Limited Liability Company (DWC-LLC), Branch of Local

Company, Branch of Foreign Company �  Minimum Capital- AED 300,000; value per share is AED 1.00

each �  No. of shareholders-Minimum One; Maximum Five �  Shareholding Structure-Natural Person(s) and/or Corporate(s) �  Facilities Offered-Offices in Business Park, Warehouses, Plot

of Land

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Contactusv Abu Dhabi Mr. Mohamed Ali Alameri (Managing Director–UAE) Auditors Register No: 1020 Al Ain Ahlia Insurance Co. Bldg. 4th Floor 402 Post Box: 5034 Email:mohd@almaqtariauditing.com Tel: +97 12 6268636 Fax: +97 12 6269110

v Dubai Branch (Business Bay) Mr. Mohandas Balakrishnan FCA,CISA,CIA, Dip IFRS (Managing Partner) Auditor Register No : 507 Post Box: 182623 Office no.1902, Clover Bay Tower Business Bay Email: mohan@almaqtariauditing.com Tel: +97150 5867221, +97155 6654521,+97 14 2763888, +97 14 3686394, +97 14 2364660