Abu Dhabi, the largest of the seven emirates and the federal capital of the United Arab Emirates, is not only known for its rich cultural heritage and stunning skyline but also for its strong economic opportunities. As part of its strategy to diversify the economy and attract global investment, Abu Dhabi has established various free zones. Free zone company in Abu Dhabi cater to media, light industry, logistics, and medium to heavy industries. Setting up a company in Abu Dhabi's free zones offers numerous benefits and facilities to shareholders, making it an attractive option for international business ventures.
Dhanguard provides extensive assistance for business setup in UAE. For detailed information, please reach out to our expert relationship manager to schedule a free consultation.
Free zones are designated areas within a country that offer special incentives, such as tax exemptions, 100% foreign ownership, and simplified customs procedures, to businesses operating within their boundaries.
Setting up a free zone company in Abu Dhabi offers entrepreneurs numerous advantages within the UAE's thriving business landscape. Abu Dhabi hosts several prominent free zones that cater to diverse industries, providing infrastructural support and regulatory frameworks favourable to business growth. Entrepreneurs opting for a freezone business setup in Abu Dhabi can capitalize on strategic location advantages, access to world-class facilities, and a business-friendly environment designed to foster innovation and growth. Whether establishing a new venture or expanding operations, the Abu Dhabi free zones provide a robust platform for businesses to thrive in a globally competitive market.
In Abu Dhabi's free zones, businesses can be established in several forms:
This is an independent legal entity where shareholders can be individuals, corporations, or a mix of both. Minimum capital requirements vary based on the business activity.
Foreign companies can operate their primary activities or establish offices in Abu Dhabi after obtaining a license from the Ministry of Economy and Commerce, excluding firms licensed exclusively in other UAE free zones.
UAE-based companies have the option to open branches in Abu Dhabi's free zones, mainland or offshore.
Freelancers can obtain permits allowing them to operate under their personal name rather than a brand, recognizing them as independent practitioners.
These options provide flexibility for company setup within Abu Dhabi's free zones, catering to various business needs and structures.
Setting up a company in a freezones in Abu Dhabi involves several essential steps and considerations according to the specific business activity chosen.
Here's a comprehensive guide:
Select the type of business activity your company will undertake. This choice will dictate the regulations and requirements you need to fulfil during the setup process.
Propose and register your company's trade name with the Abu Dhabi Free Zone Authority. Ensure the name complies with UAE regulations, including moral standards, legal form indication (e.g., FZE, LLC), uniqueness, and compatibility with legal requirements.
Choose suitable office space within the Freezones in Abu Dhabi. The amount of space required depends on your business needs and the number of employees. Office space can be purchased or leased as per your preference.
Select the appropriate business license based on your chosen activity. Abu Dhabi Free Zone offers various licenses such as industrial, commercial, e-commerce etc.
Obtain necessary approvals from the Abu Dhabi Free Zone Authority for your business license issuance. This step ensures compliance with all regulatory requirements.
Proceed with company registration and payment of the license fee once all approvals are secured. Costs may vary depending on the type of license chosen.
By following these steps and ensuring compliance with all legal and administrative obligations, you can successfully establish your business in one of Abu Dhabi's dynamic free zones with Dhanguard.
Prepare the following documents for registration:
Board resolution appointing company managers or directors (notarized and attested).
Passport-sized photographs of the company's management or directors.
Details regarding share capital.
Power of Attorney granted to company management or directors.
Specimen signature of company management or director.
Notarized and attested Articles of Association and Memorandum.
Setting up a company in the Abu Dhabi Free Zone involves specific regulations and requirements according to your business activity.
Setting up a free zone company in Abu Dhabi offers numerous benefits that make it an attractive choice for international investors and businesses.
Full Foreign Ownership: Establishing a free zone company in Abu Dhabi allows full ownership by foreign investors, without the need for a local sponsor or partner.
Tax Advantages: Companies in Abu Dhabi-free zones enjoy zero corporate and personal income taxes for a specified period, often up to 50 years.
Repatriation of Profits: Complete freedom to repatriate capital and profits outside of the UAE without restrictions.
Central Location: Access to major international markets due to Abu Dhabi's central geographical position, enhancing business connectivity.
Modern Infrastructure: State-of-the-art facilities, including office spaces, warehouses, and logistics support, designed to facilitate various business activities.
Simple Setup Process: Streamlined and efficient company registration processes within Abu Dhabi free zones, minimizing bureaucratic hurdles.
Specialized Industry Focus: Free zones in Abu Dhabi cater to specific industries such as technology, media, healthcare, and logistics, fostering industry-specific ecosystems.
Establishing a free zone company in Abu Dhabi offers entrepreneurs a strategic door to tap into the UAE's dynamic economy and global markets. With favourable business conditions, tax incentives, and streamlined processes, Abu Dhabi's free zones provide an ideal environment for business growth and success across various sectors.
Dhanguard is your trusted partner for setting up a free zone company in Abu Dhabi, offering comprehensive support and expertise throughout the process. With a deep understanding of the various free zones in Abu Dhabi and their unique advantages, Dhanguard ensures a seamless business setup for your specific needs. We provide expert guidance on legal requirements, licensing procedures, and operational setup.
Count on Dhanguard for reliable assistance in freezone business setup in Abu Dhabi, ensuring a smooth and efficient establishment of your company in the dynamic Abu Dhabi free zone landscape. For more details mail us at service@dhanguard.com
A Freezone in Abu Dhabi is a designated area where foreign investors can establish businesses with full ownership and enjoy various incentives like tax exemptions and 100% repatriation of profits.
Benefits include 100% foreign ownership, exemption from import and export duties, no personal income tax, full repatriation of capital and profits, modern infrastructure, and streamlined processes for licenses and permits.
Some of the prominent Freezones in Abu Dhabi include Abu Dhabi Global Market (ADGM), Masdar City Free Zone, Khalifa Industrial Zone Abu Dhabi (KIZAD), etc.
Almost any type of business can be established in Abu Dhabi Freezones, including trading, services, manufacturing, logistics, media, technology, and more.
No, one of the key advantages is that foreign investors can hold 100% ownership of their businesses without the need for a local sponsor or partner.
The process typically involves choosing a Freezone, selecting a business activity, applying for a trade license, leasing office space (if required), and obtaining any necessary approvals from relevant authorities.
Costs can vary depending on the chosen Freezone and business activity but generally include license fees, visa fees (for employees), office rent, and additional service fees for amenities like utilities and IT infrastructure.
The timeframe can vary but is generally quicker compared to mainland UAE setups. It can take anywhere from a few days to a few weeks, depending on the complexity of the business and the efficiency of the chosen Freezone's processes.
