Procedure for Business Setup in Abu Dhabi
Following are the steps to be pursued for setting up a company:
1. Decide the Type of Economic Activities
It acts to get a clear understanding of your proposed business activity before starting the procedures, since lawful procedures and also charge may differ depending upon the character of your business.
2. Locate a Local Sponsor
According to UAE jurisdiction, foreign companies need a local guarantor to open a branch office in Abu Dhabi. Therefore, a local guarantor will facilitate the essential licenses for the branch office.
3. Decide the Legal Form of Business
Laws as well as guidelines are different for various proprietorship types plus business foundations. Choose a lawful element type to maintain your business.
Register the Trade Name
A trade name analyzes a company also defines its nature as well as the authoritative document. We help our customers in not just setting up a business in Abu Dhabi yet in addition in enrolling a trade name from the list of enlisted trade names given by the Department of Economic Development (DED).
4. Fill Licensing Requirements
Different kinds of licenses issued by the Abu Dhabi permitting expert are:
Agricultural License
Commercial License
Crafts License
Industrial License
Professional License
Also Tourism License
5. Get Approvals of concerned authorities
It requires a foreign investor to get approvals from the following authorities:
Abu Dhabi Custom/Distribution Company/Education Council (ADEC)/Food Control Authority
Central Bank of the UAE
Medical Council Of Abu Dhabi
Ministry of Agriculture
Department of Health
Ministry of Civil Aviation
Ministry of Economy
Supreme Petroleum Council
And also Telecommunications Regulatory Authority (TRA)
6. Get the Initial Approval
An authorization from the – Abu Dhabi (GDRFA) is required for international investors before preparing the initial authorization. It relies upon an initial authorization certificate to proceed with the business licensing formalities that grant foreign nationals to rehearse their ideal business activity in Abu Dhabi.
We MSZ Consultancy help our customers get all the required endorsements from the concerned authorities and also help them pay legitimate the fee for getting a business license issued. For further information, email us at info@mszconsultancy.com
Find out how much it cost you to setup your Dream Business
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