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
The UAE is one of the largest business hubs on Earth, with a booming market and tons of opportunities for investors and entrepreneurs. But for business setup in Free Zones, you are required to own and maintain a banking account to make transactions and conduct...
The United Arab Emirates government has gone to great lengths to welcome and invite foreign nationals. The nation has invested in creating an impressive infrastructure with modern engineering, and has worked hard to create a better, more convenient quality of life for...
For any corporation based in Dubai or elsewhere in the United Arab Emirates, the official trade license must be renewed every year. In Dubai, a trade license is a legal document that authorizes a company to do trade or provide other essential business services. The...
Dubai is home to a continuously evolving economy that's ripe with business possibilities for new firms and investors. It's also become one of the most investor-friendly business locations globally. Forming a business in Dubai is a straightforward process that only...
A Branch Office is an extension of a foreign parent firm based outside of the United Arab Emirates, in which a commercial enterprise is conducted. It's a full-fledged company with the authority to undertake contracts and engage in other activities stipulated in its...
One of the most important decisions an entrepreneur can make when setting up a company in Dubai is choosing its location. Should you form your company in a Free Zone, or should you choose company formation in Dubai’s mainland? It’s crucial to choose the one that gives...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news