Business Setup in Abu Dhabi
Abu Dhabi is the biggest Emirate and the capital of the UAE, on the southeastern side of the Arabian Peninsula, next to the Persian Gulf. The city comprises over 75% of the region of the nation of UAE and is the second most crowded city in the league after Dubai. Despite the 10% of the world’s oil funds, plus is one of the biggest oil makers. In addition, Abu Dhabi has been growing its economy outside of the oil trade since 2009. However, the city has been investing completely in industrialized growth, land, retail, and also the travel industry.
Abu Dhabi is one of the quickest developing and also rich markets on the globe. Therefore, for a businessperson wishing to begin a company in the Middle East, Abu Dhabi is an area of choice. The corporate standards and business systems in the Emirate are straightforward; Besides, it takes just a couple of days for setting up a company in Abu Dhabi.
What are the Advantages of Setting up a Business in Abu Dhabi?
Abu Dhabi possesses a key area between Europe, Asia, as well as Africa–and in this manner has helpful access from the rest of the world. Moreover, the Emirate admits 100% foreign ownership and also gives an exception from corporate as well personal withholding tax. There are no foreign trade controls, shares or exchange barriers. The expectations for everyday comforts in Abu Dhabi are the first-rate, with excellent offices in medical management, residence, recreation, schooling, and also transportation.
Six Types of Business License
- Commercial License
- Agriculture License
- Professional License
- Crafts License
- Industrial License
- Tourism License
Procedure of Company Setup in Abu Dhabi
- Decide the type of economic activity
- Locate a local sponsor
- Decide the legal form of business
- Register the trade name
- Fill licensing requirements
- Get approvals of concerned authorities
- Get initial approval
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
Introduction to the IFZA Free Zone Dubai Silicon Oasis has recently introduced a new business hub known as the IFZA Free Zone. This Free Zone has become an incredibly popular choice among investors worldwide, with an appealing company formation package, 100% foreign...
Introduction Established in 1995, the Sharjah Airport International Free Zone (SAIF) is the first certified airport Free Zone in the world. With a well-developed infrastructure, the SAIF Zone is one of the most well-reputed Free Zones in the UAE. By initiating...
Tax Residency Certificates: An Introduction What is a tax residency certificate? That’s a great question! This certificate, also known as a tax domicile certificate, confirms the country of tax residence for a particular company or legal entity. This certificate is...
Despite the effects of the ongoing pandemic, Dubai's Expo 2020 has brought thousands of visitors to the region since its opening in October. And since, the city has seen some of its best economic performance in years. This increase in travel and tourism can be...
Excited About Expo 2020 Dubai? Here’s What You Need to Know! The Dubai Expo 2020 is a months-long event that is drawing investors, businesses, and talent from around the world to celebrate innovation and technology. Since its opening festivities, this celebration has...
An Introduction to UAE’s Economic Substance Recently, the UAE government launched an initiative known as ‘Resolution No. 31 of 2019.’ This resolution requires all institutions foreign and domestic that conduct business in the region to demonstrate ‘economic...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news