Free Zones in the UAE offer 100% ownership. The procedure and cost depend on the Free Zones and type of activity you choose. A Free Zone company will be restricted to do direct business with the UAE Local Market. However, direct business with Local Market can be made through a distributor with 5 % duty applicable. There are no restrictions for a Free Zone company to do business outside UAE. Under Free Zone, you can start the company as a Free Zone Establishment (single shareholder), Free Zone Company (maximum 5 shareholder) or Branch of your existing foreign company
Abu Dhabi Airport Business City established the first Airport Free Zone in Abu Dhabi – a comprehensive Business Park promoting diversified private sector investments into the Emirate. Offering comprehensive warehousing and fully serviced office solutions to a broad spectrum of business sectors including aviation, aerospace, and logistics. ADAFZ provides the above mentioned at the Abu Dhabi International Airport, Al Bateen Executive Airport, and Al Ain International Airport
MASDAR CITY is a model for sustainable urban development regionally and globally, seeking to be a commercially viable development that delivers the highest quality living and working environment with the lowest possible ecological footprint. It is an emerging global clean-technology cluster that places its resident companies in the heart of the global renewable energy and cleantech industry including other services as well as workstations per their immediate business needs at Abu Dhabi Airport.
KIZAD is chosen for it’s affordable setup costs fast approvals for license/company formation and the option of flexi-Desk in which you need not necessarily need to go for office space rather allows to work on a shared workstation whenever you require.
KIZAD is one of the cornerstones of Abu Dhabi Economic Vision 2030. It is the means by which a number of ambitious, long-term targets will be delivered, and marks a substantial drive towards diversification of the economy in pursuit of sustainable growth less dependent on the oil and gas industries. Its purpose is to create the range and number of opportunities necessary to recruit, retain and develop local and skilled expatriate talent to build a sustainable knowledge economy whilst reducing reliance on unskilled labor.
Kizad will set new standards for industrial zone infrastructure, environment and operation, reinforcing Abu Dhabi’s global competitive advantage.
With its unique geographical location and its proximity to the ports, including the advantage of low running costs, the investor can look at the option of leasing out land for mega turnaround projects or Medium to Small scale industries. The added advantage will be its legal form where the investor has an option of formulating a Free Zone company and Limited Liability Company.
If you partner with ———————- Consultants, acquiring the Service or Trading licence for your company from KIZAD is easier and hassle free like never before.
Inclusions from the Package offered by KIZAD
Dual Licensing is a service that will allow companies established in Abu Dhabi Free Zone to obtain a branch license from DED in order to be able to practice their business activities outside the free zone without the need for a physical office. The new service is designed to offer a host of benefits for dual license holders and is designed to allow free zone companies to engage in a range of business activities outside their free zone. The dual Licensing service applies to companies established in an Abu Dhabi Free Zone. All commercial and marine services related activities governed by an Abu Dhabi Free Zone and Department of Economic Development regulations.
All Licences are valid for 1 year
On behalf of the Department of Economic Development (DED) Abu Dhabi, KIZAD introduced the Dual Licensing System for free zone companies operating within KIZAD offering a host of benefits, the new system will allow free zone companies to engage in a range of business activities outside the free zones
Note-The dual licensing system applies to companies established in the free zone and is not applicable to branches of foreign companies
ADGM:
ADGM is the centre of UAE’s capital city and it operates as a financial centre for local, regional, and international institutions. Setting up a company in Abu Dhabi Global Market comes with numerous pros and it is the perfect location to flourish your business. The Financial Services Regulator, the Registration Bureau, and the Courts are the three self-regulating establishments located in the ADGM which helps in smooth setting up and operation of businesses. ADGM has a reliable dispute resolution, regulatory and judicial system.
Services/Companies that can operate within the ADGM:
Retail outlets, F&B and services
Dual licensing allows ADGM registered entities that fulfil the eligibility criteria to apply for an Abu Dhabi DED Commercial License. Company, Partnership or Protected Cell operating eligible business activities must have a valid lease registration certificate at ADGM.
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