Abu Dhabi Free Zone
Company Formation
Abu Dhabi is the capital of the United Arab Emirates and the second largest city after Dubai, occupying 80% of the country’s total territory. Abu Dhabi is located on Persian gulf island and has an estimated population of 1.5 million out of 2.9 million. Abu Dhabi provides the most favorable business entry to investors and entrepreneurs worldwide. Abu Dhabi free zone company formation is part of the country’s strategic economic diversification and a practical approach to promoting foreign direct investment (FDI) in the UAE. Abu Dhabi free zone allows a wide variety of business activities like media and entertainment, logistics, and all types of small and medium activities.
Benefits Of Company Formation In Abu Dhabi
- 100% foreign ownership
- 100% return on capital and profits
- Easy fund transfer and no currency exchange limitation
- Easy entry and minimum legal requirement
- Easy Rent/lease process and visa process for staff
- Quick logistics availability
- Business-friendly environment
- The simple business setup process
- Quick and easy immigration process
- Ready to move infrastructure
- Exemption from import and export customs duty for goods and services
Cost Of Setting Up A Company In Abu Dhabi Free Zone
Setting up a company in Abu Dhabi includes the most suitable and affordable payment method. Abu Dhabi Free Zone business setup is cost-effective. The cost may differ from the volume and magnitude of business. The cost of setting up a company in Abu Dhabi involves registration fees, licensing fees, visa fees, insurance fees, etc.
A business or an investor has to pay all the fees regardless of magnitude and volume. Most importantly, the cost of a license depends on the nature of a business or business activities as per the government regulation.
Legal Entities In Abu Dhabi Free Zone
The Abu Dhabi government facilitates investors with an affordable and hassle-free company formation solution in Abu Dhabi free zones. Abu Dhabi has a favorable investment climate for several reasons to form a free zone company in the Emirate. There are different types of legal entities in the Abu Dhabi free zone. They are as follows.
A free zone limited liability company is also known as (LLC), which can be established by an individual shareholder, corporate shareholder, or both. The minimum capital to select a company depends on the type of business activity.
To promote economic stability and product diversification, the Abu Dhabi administration allows investors to set up a branch of foreign companies in the free zone with a secured license. The foreign company can perform its main activities in the UAE branch after getting a license, issued by the Ministry of Economy and Commerce.
An existing registered business in the UAE can also establish a branch with the same activity in Abu Dhabi Free Zone.
This license is a better option for Freelancers who wish to carry out any business that suits their profession. This license enables one to conduct a business in one’s name rather than a brand name.
Contact with us for
Any Advice
Call Anytime
+971 56 437 8853
Email Us
info@boomingbytes.com
How to Setup a Company in Abu Dhabi Free Zone?
- Select a legal entity
- Choose your brand name
- Applying for a business license
- Finding an office space
- Getting approvals from Free Zone Authority
- Obtain the license
- Application form
- Passport copies of the shareholders
- Passport-size photographs with white background
- Brand name of the company(2-3 required)
- Business activity specification
- Number of visas required
- Address proof
- Bank reference letter
- For a freelance license, your Curriculum Vitae that shows your professional history has to be submitted.
Booming Bytes Business Consultancy
Booming Bytes Business Consultancy is a team of professionals from various industries with extensive knowledge and experience in establishing a company in the Abu Dhabi Free Zone. At Booming Bytes Business Consultancy, we enable a comprehensive range of businesses with cost-effective setting up a company in Abu Dhabi.
We’re highly professional in helping investors with registration, licensing, visas, finding office spaces, local sponsors, and much more. We keep business priorities at the forefront and provide a value-added service to entrepreneurs and investors worldwide. Reach us out today for hassle-free Abu Dhabi free zone company formation.