Company Setup in Abu Dhabi Free zone
List of Abu Dhabi Free Zones
- Dubai Multi Commodities Centre (DMCC):
- Abu Dhabi Global Market (ADGM):
ADGM in Abu Dhabi is a great place for businesses. It’s famous for financial innovation and attracts global companies and investors. With a lively business scene, it’s home to big funds, offering easy access to money, tax benefits, and global connections. ADGM makes starting a business easy with simple processes, different office options, and strong support for growth
- RAK International Corporate Centre (RAK ICC):
RAK International Corporate Centre (RAK ICC) is a quickly growing global registry known for its professional services. It helps companies register and offers various services. Based in Ras Al Khaimah and Dubai, it provides a modern and excellent registry environment, committed to delivering great services.
- Khalifa Industrial Zone Abu Dhabi (KIZAD):
KIZAD in Taweelah is a special place for businesses to grow. It helps different industries with modern facilities and easy access to global markets through Khalifa Port. KIZAD is a key part of Abu Dhabi’s success, supporting companies to build and expand.
- Twofour54:
Twofour54 in Abu Dhabi is a special place for media and entertainment businesses. It has great facilities for creative projects, making it a hub for content creation and film production. Twofour54 encourages collaboration and innovation, helping the media sector in Abu Dhabi grow.
Types Of Entities Company Setup in Abu Dhabi Free zone
Free Zone Limited Liability Company:A self-standing entity with options for individual, corporate, or mixed ownership, providing flexibility in shareholder structure while maintaining legal independence.
Branch of a Foreign Company: A representative office of an existing foreign company seeking to expand its presence in the Abu Dhabi Free Zone.
Branch of a Local Company: A branch of an existing local (UAE) company, enabling it to operate within the Free Zone.
Public and Private Joint Stock Companies: Companies with shared ownership through stocks, allowing public offerings for the former.
Freelance License: Freelancers can get a permit, allowing them to use their birth name for business and operate independently.
Starting a Business in Abu Dhabi Free Zone steps
Starting a business in Abu Dhabi Free Zone involves several steps, and the specific process may vary slightly depending on the chosen free zone. Here is a general outline:
Choose the Free Zone: Select the appropriate free zone based on your business activities, preferences, and eligibility criteria.
Business Activity Approval: Obtain initial approval for your chosen business activity from the free zone authority.
Choose a Trade Name: Select a unique and compliant business name for your company. Ensure it adheres to the guidelines provided by the free zone.
Submit Application: Complete the application form provided by the free zone, including details about shareholders, business activities, and other relevant information.
Documentation Submission: Prepare and submit the required documents, which typically include passport copies, business plan, and other specified paperwork.
Office Space: Choose and lease office space within the free zone. Some free zones may offer flexi-desk options for certain activities.
License Issuance: Once the documents are reviewed and approved, the free zone authority will issue the business license.
Visa Processing: If required, apply for and obtain visas for shareholders and employees.
Bank Account Opening: Open a business bank account in a bank approved by the free zone.
Documents Required Company Setup in Abu Dhabi Free zone
- Application Form
- Passport copies
- Passport-size photographs
- Suggested names: new company (2 or 3)
- Business activity specifications
- Number of visas required
- 2 Proofs for Address
- Bank reference letter
- Curriculum Vitae for freelance Freelancer
Advantages of the Abu Dhabi Free Zone
Company Setup in Abu Dhabi Free Zone offers a myriad of advantages, making it an optimal choice for businesses. Firstly, Company Setup in Abu Dhabi Free Zone provides an investor-friendly environment with streamlined processes, facilitating a smooth and efficient setup. Moreover, opting for Company Setup in Abu Dhabi Free Zone brings about significant tax benefits, enhancing the financial viability of businesses. Additionally, Company Setup in Abu Dhabi Free Zone grants access to world-class infrastructure, making it an ideal location for global trade. With Company Setup in Abu Dhabi Free Zone, entrepreneurs can tap into a strategic hub for growth, taking advantage of the unique opportunities presented by the free zone’s conducive business environment.
AL Tawakkal Business Consultancy is your go-to guide for setting up and growing your business. They specialize in making Company Setup in Abu Dhabi Free Zone easy and efficient. With a commitment to excellence, they help with everything from formation to regulatory compliance, ensuring your success in Abu Dhabi’s dynamic business environment.
