Business setup in Abu Dhabi
Abu Dhabi is the largest Emirate and the capital of the UAE, located on the south-eastern side of the Arabian Peninsula, besides the Persian Gulf.
Abu Dhabi is one of the fastest-growing and wealthy markets in the world. For a businessperson wishing to start a company in the Middle East, Abu Dhabi is a viable location of choice. The corporate norms and business procedures in the Emirate are simple, and it takes only a few days for setting up a company in Abu Dhabi.
PRO Services & FT Group offers ultimate Solution for setting up a new business setup as well as PRO Services for individuals & Existing businesses.
Setup new business: Free Zone or Onshore ?
There are five free zones located in Abu Dhabi at the moment:
o There are five free zones located in Abu Dhabi at the moment:
o Abu Dhabi Global Market – Finance sector
o Abu Dhabi Airports Company – Logistics sector
o Kizad – Industrial sector
o Masdar City – Green Technology sector
o Media and Communications sector
Advantages for new business in free zone
Investors can choose to start a new business in free zone and can enjoy benefits, including the following:
o Absolute company ownership
o Freedom from corporate and income tax Dept.
o Independent rules and regulations
o Freedom from customs duties
Restrictions of companies in free zones:
o Corporate operations must be conducted within the geographic limitations of their designated zones
o Any business activities with mainland clients must be done through distributors or agents
o Dealings, tenders, contracts with the local government must be accompanied with a mainland DED license.
Company formation in Mainland
In mainland company formation, on the other hand, businesses may be structured as any of the following corporate entities:
o Limited Liability Company
o Foreign Branch Office
o Representative Office
To start business as any of these entities, an investor must partner with a local entity who can stand as a Sponsor for Establishment or LLC or a National Service Agent for Representative or Foreign Branch Offices.