ISLAMABAD -- The Pakistan Cricket Board (PCB) awarded the franchise rights for Pakistan Super League (PSL) to unqualified firms registered in the British Virgin Islands (BVI) and the Free Zone Establishment
(FZE), it emerged on Sunday.
The bureau's Lahore directorate will also hold investigations against Hussain, Hassan and Maryam Nawaz with regard to the setting up of the companies mentioned in Paragraph 9 of the court's judgement - Flagship Investments, Hartstone ProperEeA[degrees]ties, Que Holdings, Quint Eaton Place 2, Quint Saloane (formerly Quint Eaton Place Limited), Quaint Limited, Flagship Securities, Quint Gloucester Place, Quint Paddington (formerly Rivates Estates Limited), Flagship Developments, Alanna Services in British Virgin Islands, Lankin SA (BVI), Chadron Inc, Ansbacher, Coomber and Capital Free Zone Establishment
The types of entity that were permitted prior to the enactment of the Regulations were the Free Zone Establishment
(FZE), the Free Zone Company (FZCO) and the branch of a company.
Sultan Saeed Sultan Al Ali, Executive Director Port, Customs and Free Zone Establishment
Government of Umm Al Quwain said: "The MoU will implement transparency and exchange of information between both MoF and UAQ FTZ.
Summary: MUSCAT AIR-CONDITIONING AND ELECTRONICS LLC (MACE) IS COMMITTED TO MAKING AVAILABLE GREENER HOME ENTERTAINMENT PRODUCTS AND HOME APPLIANCES TO THE CITIZENS AND RESIDENTS OF OMAN THROUGH ITS PARTNERSHIP WITH SHARP MIDDLE- EAST FREE ZONE ESTABLISHMENT
Giordano International, one of the world's major international apparel retailers, has intensified its investment in the Middle East with the establishment of Giordano Middle East Free Zone Establishment
at the Jebel Ali Free Zone.
Once the shares are transferred, the company will be owned solely by HCL Insys and its status will change from a free zone company to a free zone establishment
Knowledge partners, Dubai Multi Commodities Centre (DMCC) provided guidance and confirmation on the rules and regulations of opening a new free zone establishment
in Jumeirah Lake Towers (JLT), which is proving a highly desirable location for new businesses with its competitive rent rates and strategic location.
The minimum paid-up capital required for a free zone establishment
(FZE) or free zone company (FZC) can vary from Dh50,000 to Dh1 million, whereas many onshore operations require no share capital at all.
Jebel Ali free zone companies may be formed within JAFZA as the following types of business (companies): Free Zone Establishment
(FZE) and Free Zone Company (FZCO).
A DSO Free Zone Establishment
: This entity requires a single shareholder, either corporate or individual.