UAE MAINLAND
ABU DHABI FREE ZONE
What is the significance of having a UAE mainland firm, and what does it represent?
Abu Dhabi’s free trade zones are ideal for anyone wishing to launch a business in the capital as an entrepreneur or future company owner.
Abu Dhabi Free Zone
UAE Mainland
Abu Dhabi’s free trade zones are ideal for anyone wishing to launch a business in the capital as an entrepreneur or future company owner.
What is the significance of having a UAE mainland firm, and what does it represent?
Free zones are designated areas in the United Arab Emirates that Gives unique regulations regarding the supply of goods inside the territory for the purpose of value-added tax (VAT). They are essential elements of the nation’s economic environment, which helps to advance this economic growth and stature internationally. These zones, which were created to diversify the economy away from reliance on oil, are essential for promoting global trade, foreign investment, and economic expansion.
Abu Dhabi, the capital of the United Arab Emirates, serves as an international hub for commercial and industrial development. Abu Dhabi, like Dubai, having set up a number of free zone areas to encourage international investment and strengthen the local economy.
Organizations or companies that operate in free zone benefit from the customized business facilities, geographical position, and cheap operating costs. Abu Dhabi is ranked 9th globally and 2nd regionally in the economic performance index of the IMD World Competitiveness Yearbook (2020).In 2020, ADIO launched the AED 2 billion ($545 million) Innovation Programme that provides incentives to businesses within the emirate’s high-growth areas.
The businesses that are covered by Abu Dhabi’s free zones include small companies, media, and logistics. Right now, entrepreneurs and business owners have the option of setting up their enterprises in any of the following zones:
• Abu Dhabi (Media Free Zone Authority)
• Twofour54 Abu Dhabi
• Masdar City Free Zone
• Abu Dhabi Air ports Free Zone (ADAFZ)
• Abu Dhabi Global Market (ADGM)
• Khalifa Industrial Zone Abu Dhabi (KIZAD)
An independent Free Zone Authority (FZA) regulates each of the free zones in Abu Dhabi and is in charge of granting business establishment permits to businesses operating within the zones.
Types Of UAE Free Zone Trade Licence
On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.
Legal Forms For Company Formation In UAE Free Zones
The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:
Why Abu Dhabi Free Zones For Your Company Formation?
The UAE’s status as a major global economic hub is expected to increase the importance of freezones.
ADAFZ targets are in the sectors like aviation, aerospace, airport services, logistics, cargo, and freight industries. Masdar City freezone provides clean energy start-ups with a dedicated place to experiment, show, improve, develop, and commercialise their inventions. Twofour54 is a media free zone in Abu Dhabi which provides Elite infrastructure. And more freezones with different amenities.
Abu Dhabi has a vibrant talent focusing on science, technology, and entrepreneurship. Abu Dhabi will ensure that every investor enjoys access to capital and advanced infrastructure.
These freezones will be essential to the future development of the nation because of the government’s commitment to economic innovation and diversity.
Dubai’s economy has grown significantly because of the free zones that attract foreign investment. Due to the fast company formation processes and support services provided by the free zone authorities, starting a business in Dubai free zones are simple.
Standard Required Documents to Start the
Business Setup Process
Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!
Your Guide To Setting Up A Free Zone Business In UAE
Your business setup checklist is ready. Let’s launch your business with success!
- 1Decide on your business venture.
- 2Choose the best UAE location for your company
- 3Choose the legal framework for your company.
- 4Give your business name.
- 5Apply for Initial Approval.
- 6Prepare Legal Documents.
- 7Lease Office Space.
- 8Obtain Licenses.
- 9Open a Corporate Bank Account.
- 10
Apply for the number of visas your company will require.
- 11
Register for VAT (if applicable)
Frequently Asked Questions
Common Questions About Business Setup in the Abu Dhabi Free Zones
