ABU DHABI FREE ZONE COMPANY FORMATION
Abu Dhabi is the capital of the United Arab Emirates and is a popular destination for foreign investors looking to set up their businesses. Abu Dhabi has several free zone that offer a range of benefits to businesses, including 100% foreign ownership, zero corporate and personal tax, and no restrictions on capital repatriation.
Abu Dhabi has several free zones that offer a range of benefits to businesses, including 100% foreign ownership, zero corporate and personal tax, and no restrictions on capital repatriation.
Benefits of a Abu Dhabi Free zone Company
- 100% foreign ownership
- No corporate or personal income tax
- No currency restrictions
- No requirement to hire local employees
- Access to world-class infrastructure and logistics facilities
- Easy repatriation of profits and capital
- Confidentiality and privacy
Legal Entities in Abu Dhabi Free zone
Free Zone Company (FZCO): Similar to other UAE free zones, an FZCO in Abu Dhabi allows for multiple shareholders, either individuals or corporate entities, to collectively own the business.
Free Zone Establishment (FZE): An FZE is a single-shareholder company, with the owner having full ownership and control over the business.
Branch of a Foreign Company: Foreign companies can establish branches in Abu Dhabi free zones to conduct business activities in the region.
Branch of a UAE Company: Existing UAE companies can set up branches within Abu Dhabi free zones to expand their operations.
Services
Abu Dhabi Free Zone Company Formation Process
Choose the Type of Company
Free Zone Establishment (FZE)
Free Zone Company (FZC)
Choose the Business Activity
Choose the Trade Name
Submit the Application
Obtain the License
Open a Bank Account
Document Required for Company Formation in Abu Dhabi Free zone
The required documents for company formation in Abu Dhabi Free zones may vary based on the type of business activity and the chosen free zone. However, here is a general list of documents commonly needed for the company formation process:
- Completed application form provided by the respective free zone authority.
- A detailed business plan outlining the company’s activities, goals, and operational plans.
- Passport copies of all shareholders, directors, and other relevant stakeholders.
- Copies of the visa pages of passports for all stakeholders.
- An NOC from the current sponsor for individuals applying for a new business setup.
- MOA detailing the company’s objectives, structure, and shareholding.
- A resolution from the board of directors authorizing the company formation.
- Proof of address for all stakeholders, such as utility bills or rental agreements.
- A reference letter from the company’s bank indicating good standing.
- A certificate confirming the reservation of the proposed trade name for the company.
- A lease agreement for the company’s physical office space within the free zone.
- Bank statements or letters confirming the availability of the initial capital for the business.
List of Abu Dhabi Free zone
Where You Can Start Up a Company
The first step in setting up a company in Abu Dhabi free zone is to choose the right free zone. Abu Dhabi has several free zones, each catering to specific industries and sectors. Some of the popular free zones in Abu Dhabi are:
Abu Dhabi Airport Free Zone (ADAFZ)
Abu Dhabi Airports Free Zone operates Airports' Free Zones, a Logistics Park, Business Parks, Business Centers and One Stop Shop Services. Its jurisdiction spreads across more than 10.6 Km2 around Abu Dhabi International Airport covering five commercial districts: Logistics Park, Business Park, Destination Village, Al Falah District and Airport City.
Abu Dhabi Global Market (ADGM)
Abu Dhabi Global Market is an international financial centre and free zone located on Al Maryah Island in the United Arab Emirates's capital, Abu Dhabi. The financial centre was established in 2013 and became fully operational in October 2015.
Khalifa Industrial Zone Abu Dhabi (KIZAD)
KEZAD Group offers a wide range of business solutions suitable for all types of business activities, such as manufacturing, logistics, trade and distribution. Whether you are a small start-up or an established large-scale business, KEZAD Group can offer customised business facilities spread across its Free Zone and Domestic Tariff Areas.
Start a Business with Justprobiz in Abu Dhabi Free zone
JustProBiz Documents Clearing Services specializes in guiding you through the seamless process of starting a business in Abu Dhabi Free zones. Our expert services ensure compliance, efficiency, and a smooth transition, empowering you to focus on your business goals. Let JustProBiz be your trusted partner in unlocking the limitless possibilities of the vibrant Abu Dhabi Free zone landscape.
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