MIRA INFORM REPORT

Report Date :

05.05.2014

IDENTIFICATION DETAILS

Name :	COMMODITY TRADING FZE
Registered Office :	Rak Free Trade Zone, P O Box 31291, Ras Al Khaimah
Country :	United Arab Emirates
Date of Incorporation :	22.12.2010
Legal Form :	Free Zone Establishment
Line of Business :	Distributors of agricultural products, rice and dried foods

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31^st, 2011

Country Name	Previous Rating (31.12.2010)	Current Rating (31.03.2011)
United Arab Emirates	a2	a2

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

SUMMARY

Company Name : COMMODITY TRADING FZE

Country of Origin : Ras Al Khaimah, United Arab Emirates

Legal Form : Free Zone Establishment - FZE

Registration Date : 22^nd December 2010

Trade Licence Number : RAKIA 51-Z31210545

Issued Capital : UAE Dh 1,000,000

Paid up Capital : UAE Dh 1,000,000

Total Workforce : 2

Activities : Distributors of agricultural products, rice and dried foods.

Financial Condition : Undetermined

Payments : Nothing detrimental uncovered

Recommended Credit Limit : US$ 15,000

COMPANY NAME

COMMODITY TRADING FZE

company ADDRESS

Registered & Physical Address

Location : RAK Free Trade Zone

PO Box : 31291

Town : Ras Al Khaimah

Country : United Arab Emirates

Mobile : (971-50) 1889257

Email : commoditytradingfze@gmail.com

Premises

Subject operates from a small suite of offices that are rented and located in the Free Zone Area of Ras Al Khaimah.

KEY PRINCIPALS

Name Nationality Position

· Vipol Kumar Harshadray Patel Indian Managing Director

LEGAL FORM & OWNERS

Date of Establishment : 22^nd December 2010

Legal Form : Free Zone Establishment - FZE

Trade Licence No. : RAKIA 51-Z31210545

Issued Capital : UAE Dh 1,000,000

Paid up Capital : UAE Dh 1,000,000

Name of Shareholder (s) Percentage

· Vipol Kumar Harshadray Patel 100%

OPERATIONS

Activities: Engaged in the import and distribution of agricultural products, rice and dried foods.

Import Countries: Europe and the Far East

Subject has a workforce of 2 employees.

FINANCIAL DATA

Subject is a newly formed business and as a result financial information is not currently available.

BANKERS

· National Bank of Ras Al Khaimah

NBRAK Building

PO Box: 5300

Ras Al Khaimah

Tel: (971-7) 2221127

Fax: (971-7) 2224202

PAYMENT HISTORY

No complaints regarding subject’s payments have been reported.

GENERAL COMMENTS

In view of subject’s infancy, extensive payment and financial are not available, therefore dealings are recommended to be on secured terms, and a close monitoring of subject’s business development is advisable.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.23
UK Pound	1	Rs.101.68
Euro	1	Rs.83.46

INFORMATION DETAILS

Report Prepared by :

NNA

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