Abu Dhabi is the largest trading port linking the west and east of the world! Foreign company formation still has high values in the international market. The new rules and laws benefit foreign company registration in Abu Dhabi free zones.
Free trade zone in Abu Dhabi is a separate area within UAE, where all kinds of goods are used for the trading purpose. These goods can be introduced regardless of source, nature, origin or place of arrival. The goods are not subjected to import duties or any other hidden taxes.
Abu Dhabi free zones attracts foreign investment by,
- Allowing tax reduction
- Allowing offshore ownership
- Quick immigration process
- Complete repatriation of profits and capital
- Make general trade easier for companies and individuals
What are the free zones in Abu Dhabi?
- Abu Dhabi Airport free zone or ADAFZ
ADAFZ is a free zone that covers most of the Abu Dhabi’s airport. It provides business parks, free zone facilities, Logistics Park, and business centre at Al Ain international airport, Al Bateen Executive airport, and Abu Dhabi international airport.
Permitted activities in ADAFZ
Businesses that can set up in ADAFZ broadly fall under the following categories,
Import and export, aviation, aerospace, airport services, logistics, transportation, marketing events, regional HQ, technology and ICT, trading, assembly, MRO, flight supporting services, etc
ADAFZ allows setting up LLC or ‘limited liability companies’ and branches!
- Abu Dhabi Global market or ADGM
ADGM is a financial free zone established in 2015. It’s the only financial free zone in Abu Dhabi! ADGM has a unique court system, separate from others that are especially dedicated to hearing the commercial cases of ADGM companies.
Permitted activities in ADGM
It supports a variety of financial, retail business, and non-financial ventures that include,
Financial services include banks, investment advisers, fintech, trust service providers, etc
Non-financial includes manufacturing, civil engineering, real estate, hotels, legal and accounting, marketing, education, etc
Retail includes food products, jewellery, beverages, retail sale, etc
ADGM allows private companies, public companies, branches, partnerships, investment companies, etc.
- Masdar City free zone or ‘Masdar city’
Masdar city free zone was established in 2006, it’s a global leader in renewable energy and sustainable urban development. This particular free zone develops UAE’s role in renewable and clean energy sectors with the objective of making sustainability solutions commercially viable.
Permitted activities in Masdar city
Renewable energy, energy based industries, oil and gas services, clean tech and ICT, etc.
Masdar city allows LLC and branches! Abu Dhabi free zone trade license of masdar city is also issued for an association or non-profit activities.
- Khalifa industrial zone or KIZAD
KIZAD is an integrated trade and logistics free zone. It was established in the year 2012 and part of the Abu Dhabi ports company. It’s located at Al Tawila between Abu Dhabi and Dubai.
Permitted activities in KIZAD
Industrial activities like manufacturing, processing, assembling, packaging, import or export. Trade activities that include trading in agricultural products, flowers, plants, building materials, aircraft and trains, etc. Service license that include travel agencies, catering services, food outlets, etc
KIZAD allows setting up of LLCs and branches
- Towfour54 Media & Entertainment hub or twofour54
Twofour54 aims at building a creative media cluster in Abu Dhabi. It’s a driving force assuring development in Abu Dhabi as a filming location. It serves as a major supporter in developing both local content and talent.
Permitted activities in Twofour54
Creative media space for advertising, branding, animation, content portal management, content management, and monitoring services, game development, graphic design, broadcasting, publishing, event management, etc.
Twofour54 allows setting up LLCs and branches. They also issue freelancer licenses!
What are the advantages of Abu Dhabi free zones?
- Complete ownership of your company
- Free from export and import duties
- Free from corporate and income taxes
- Easy transfer of profits and capital
- Benefits of customs duties, currency control, taxation, and much more
- Fast government process for license and permits
- Eliminates any agreement of joining a partnership
How to start a business with Abu Dhabi free zone trade license?
Some of the steps to start your business venture,
- Determine the business activity
- Registration of business name
- Getting approval from authorities
- Issuance of license
What are the documents required for company registration in Abu Dhabi free zone?
- Application form
- Passport size photograph in color and white background
- Photocopy of passport of company’s appointed manager
- The suggested name of the company
- Professional business plan
- Proof of address
- The appropriate number of Visas
- Reference letter of a bank
Establish a business-friendly environment! Company formation in Abu Dhabi free zone is quite simple with several unique business consulting firms in UAE. They overcome any barriers and make it easy for people who wish to set up their own business in the UAE. Abu Dhabi free zone authority is the best place to set up your business! A specialized team of professionals with great expertise helps their clients in registration, licensing, visas, banking, and recruitments. Get competitive business locations that attract both local and international business investment!