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Helpline Group

Dubai,Abu Dhabi

+971505915724

contact@helplinegroups.com

Monday - Friday

9AM - 6PM

Helpline Group

Dubai, Abu Dhabi

Abu Dhabi Freezone

Starting a business in an Abu Dhabi Free Zone provides numerous advantages, including complete foreign ownership, tax exemptions, and streamlined procedures for operating a business. Below are the essential steps and requirements for establishing a company within one of Abu Dhabi's Free Zones:

Popular Free Zones in Abu Dhabi

1. Abu Dhabi Global Market (ADGM):

A financial-focused free zone.

2. Khalifa Industrial Zone (KIZAD):

Concentrates on industrial and manufacturing sectors.

3. Abu Dhabi Airport Free Zone (ADAFZ):

Designed for aviation and logistics enterprises.

4. Masdar City Free Zone:

Emphasizes clean technology and renewable energy initiatives.

5. Twofour54:

Targeted at media, entertainment, and creative industries.

Choose a Free Zone that corresponds to your business activities. Each Free Zone has specific industries it caters to, including finance, technology, media, logistics, and manufacturing.

Each Free Zone provides a list of approved business activities. Ensure that your selected activity aligns with what the Free Zone allows. Typical activities include:

  • Commercial activities (e.g., trading).
  • Service activities (e.g., consulting).
  • Industrial activities (e.g., manufacturing).
  • Media and creative endeavors.

Abu Dhabi Free Zones offer various company formats depending on the number of shareholders:

  • Free Zone Establishment (FZE): A company with one shareholder.
  • Free Zone Company (FZCO/FZC): A company with multiple shareholders.
  • Branch of a Foreign Company: Enables an existing company from outside the UAE to set up a branch within the Free Zone.

Certain Free Zones may require a minimum capital investment based on the business type and structure. For example:

  • ADGM: Generally does not require a minimum share capital for most businesses.
  • KIZAD: Higher capital may be necessary for industrial operations, depending on their scale.
  • Masdar City: Capital requirements differ based on the type of business.

Always check the specific requirements of your chosen Free Zone before proceeding.

All Free Zones mandate having a physical or virtual office to establish a business. Options may include:

  • Flexi-desk/Business Centers: Economical choices suitable for startups and small businesses.
  • Dedicated offices: Designed for medium to large enterprises.
  • Warehouses or industrial units: Suitable for manufacturing or logistics operations.

The type of office selected will affect the number of visas your company can issue.

Choose a distinct trade name that adheres to the Free Zone’s naming regulations. The name should not closely resemble any existing business or breach UAE public policy.

Depending on the Free Zone and business type, you will need to provide various documents, including:

  • Passport copies of shareholders and managers.
  • Proof of residence (e.g., utility bill).
  • Visa copy (if applicable) for UAE residents.
  • Confirmation of trade name reservation.
  • Business plan (if required by certain Free Zones, like ADGM).
  • No Objection Certificate (NOC) from a current sponsor (for UAE residents changing sponsors).

Once all required documents are submitted, the Free Zone Authority will grant initial approval to proceed with the establishment of the company.

For companies with multiple shareholders, a Memorandum of Association is required. This document details the ownership structure of the company and the rights and responsibilities of the shareholders. Single-owner entities may not need an MoA in some Free Zones.

After securing initial approval and submitting the necessary documents, the Free Zone Authority will issue the appropriate business license. The type of license depends on your business nature, which may include:

  • Trading License: For businesses engaged in the import/export or trade of goods.
  • Service License: For consultancy, IT services, and professional services.
  • Industrial License: For manufacturing or production operations.

Following company formation, you can apply for residency visas for shareholders, employees, and dependents. The number of visas you can apply for is dependent on the office space you have chosen.

Once your company is established, you can set up a corporate bank account with a local UAE bank. Typical documents required may include:

  • Trade license.
  • Memorandum of Association.
  • Shareholder resolutions.
  • Passport copies of shareholders and managers.

Key Benefits of Abu Dhabi Free Zone Company Formation

  1. Complete foreign ownership, with no necessity for a local sponsor or partner.
  2. No corporate or personal income taxes.
  3. Full repatriation of profits and capital.
  4. Customs duty exemptions for goods and services within the Free Zone.
  5. Streamlined visa application process for employees and dependents.
  6. No limitations on currency or foreign exchange transactions.
  7. Complete ownership of intellectual property and trademarks.

Required Documents for Abu Dhabi Free Zone Setup

  1. Passport copies of shareholders and managers.
  2. Proof of residence (e.g., utility bill).
  3. Visa copy (for UAE residents).
  4. Trade name reservation certificate.
  5. Initial approval certificate from the Free Zone Authority.
  6. Business plan (for certain Free Zones).
  7. No Objection Certificate (NOC) from the current sponsor (if applicable).
  8. Memorandum of Association (MoA) for multi-shareholder companies.

Additional Approvals (If Necessary)

Certain business activities may require further approvals from government entities such as:

Masdar City Free Zone:

Abu Dhabi Municipality for construction-related activities.

Masdar City Free Zone:

Ministry of Health for businesses in the healthcare sector.

Masdar City Free Zone:

Central Bank for financial service operations.

Why Choose Us?

25 Years of Experience

A solid reputation based on dependability and excellence.

Global Reach

Services provided across numerous nations.

Professional Advice

A committed group of experts assisting you at every step.

Tailored Solutions

Services specifically designed to satisfy your company formation and document attestation needs.

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