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Abu Dhabi, the UAE capital, is renowned as a competitive destination for having the top talents from around the world. Its strategic location makes it a top-tier choice for free zone company formation. Abu Dhabi Free Zone offers company setup in different free zones including Abu Dhabi Global Market (ADGM), Khalifa Industrial Zone Abu Dhabi (KIZAD), Masdar City, Abu Dhabi Airport Free Zone (ADAFZ), and Twofour54.
With 100% full ownership and saving yourself from corporate taxes, Emirates Business Setup helps you to start your business journey in Abu Dhabi.
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Setting up a new business in any of the free zone of Abu Dhabi offers numerous advantages, such as:
When you start your business setup in any of the free zone, you need to renew your license every year. If you fail to do a timely renewal, then you will end up with hefty fines and might face difficulties in continuing business operations. Emirates Business Setup offers business setup services in the UAE. It includes the company formation process of all free zones in Abu Dhabi, trade license renewals, and banking services. We are here to help!
To obtain a trade license in any free zone of Abu Dhabi, first, you need to decide the business activity you will conduct. Then you need to decide your business’s legal structure. The legal entities it includes are limited liability companies, branches of a foreign company, or branches of a UAE company. With the help of our consultant, you can choose the right free zone that suits your business. By choosing the right free zone, you will start your legal process according to the specific chosen free zone authority. By completing all the legal procedures, you will be able to get an free zone license.
The type of license you will obtain from the Abu Dhabi will be based on your business activity such as:
The documents required for the setting your company in any free zones of Abu Dhabi are:
Make sure to choose the right business activity that you will conduct.
After choosing your business activity, you need to register three unique trade names. Submit it to ADFZA and get it approved and registered.
The next step is to choose an office space, it can be bought or leased.
Now you can submit all the required documents and can wait for approval from the relevant Abu Dhabi Free Zone Authority.
Once documents are shared, you will need to sign and submit the Memorandum of Association and Article of Association.
After paying the fees, the Specific Free Zone Authority will issue the business license.
Once the approvals are obtained, the final step is to collect your license.
After the license is issued, the business bank account opening process can be initiated.
Abu Dhabi offer numerous advantages when it comes to company formation. There are some legal restrictions or requirements that you need to consider.
Freezone licenses are specific to the type of business activity permitted within the freezone. However, these licenses may restrict the range of business activities a company can undertake in any of the free zone. If a business wants to expand your business, you need to obtain additional approvals or licenses.
Free Zone Authority offers favorable conditions, but there may be restrictions on the number of residency visas issued to employees of companies in any of the free zone. So, if you want to hire more employees, you might need to expand your office space resulting in additional costs.
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