- In order to secure space in the MBFZ, a "Reservation of Units Agreement" must be signed and returned to the Free Zone Administration with the required deposit and completed form. The deposit is equivalent to four month’s rent. One-fourth of this sum represents your company's first month's rent while the balance will be retained by the Free Zone as a security deposit until termination of the lease.
- Companies wishing to operate in the Free Zone must complete and submit supporting documentation as requested on the Free Zone Status Application Form (download here). This should include a business plan and copies of the Articles and Memorandum of Association for the company.
- Once a project has received final approval, a Lease Agreement must be signed with the Free Zone for a period of three (3) years. Stamp duty is payable on the lease, the cost of which will be shared by both parties to the Lease Agreement.
- Access to the building cannot be given until a Reservation Agreement, Security Deposit and signed Lease Agreement are received.