Largest of the seven Emirates, Abu Dhabi serves as the capital of the United Arab Emirates. Over 80% of the UAE’s total land mass is occupied by Abu Dhabi and it boasts over 700 kilometers of coastline. Abu Dhabi Free Zone authority, the government body, handles registration of non-resident companies and issues business licenses.
The Free Zones in UAE is the best location for setting up business for companies planning to operate from UAE the major part of their transactions outside UAE. The Free Zones in Abu Dhabi are created with a vision to develop clusters of specific industries The following are the two Free Zones in Abu Dhabi
Masdar City, a planned city project in Abu Dhabi, is evolving as a global hub for renewable energy and clean technologies. Entering the league of most sustainable eco-cities in the world, Masdar City will be a leading global center for renewable energy, research, development, implementation, and investment.
Twofour54 is created with a vision to enable the development of world class Arabic media and entertainment content, by Arabs for Arabs, and to position Abu Dhabi as a regional centre of excellence in content creation across all media platforms including film, broadcast, music, digital media, events, gaming and publishing.
The companies setting up in Free Zones in Abu Dhabi are eligible for various incentives and facilities as follows:
Setting up a business in Abu Dhabi Free Zones requires planning and decision making through different phases. This involves preparation of comprehensive business plan, choosing suitable infrastructure, estimating required human work force etc. The business registration or licensing process can be completed only after depositing the minimum capital mandated by the chosen Free Zone, in a bank account in UAE. A company being formed may have either an individual shareholder or corporate shareholder or both. The incorporation process requires the shareholders to sign the documents in the presence of Free Zone authorities.
A business license issued by Abu Dhabi Free Zones permits a company to practice the business activity mentioned in its license subject to the Free Zone Regulations. The primary step in setting up a business entity in Abu Dhabi Free Zone is the selection of business activities. This is so because the other phases of business setting up including the selection of proper legal business structure and number of business licenses can be decided only based on the selected business activities. The reservation of name for the company is as important as choosing the business activity. The name should not resemble the names of any company registered in the Free Zones or reserved for the Government. The Free Zone has the discretionary power to accept or reject a name.
An individual or a corporate entity can do business in Abu Dhabi Free Zones being registered in any of the following legal forms:
An individual can do business in Abu Dhabi Media Zone as a freelancer on being issued a