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:
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 email@example.com
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
IFZA One of the Leading Free Zones in the UAE IFZA, or The International Free Zone Authority, remains one of the most cost-effective solutions for business setup in the UAE. Their focus on hosting a wide variety of business activities under a single license while...
The United Arab Emirates (UAE) has been a bastion for businesses for decades, with thousands of companies flocking to the region to conduct business. And despite the effects of the pandemic, the rate of growth is expected to pick back up in 2021. There has never been...
There are very few things on Earth that are as immediately striking as the city skyline of Dubai. From the beautiful blue waters of the gulf to the sparkling tower of Dubai’s Burj Khalifa, the city has developed an aesthetic that is envied by every major city in the...
What is a Special Purpose Vehicle? No, it's not a Land Rover or some four-wheel-drive made for a specialized purpose like traveling in snow or driving through standing water. In fact, it really has nothing to do with transportation at all. Instead, it's a legal entity...
Foreign Aspirants Can Now Launch Their UAE Business Venture with 100% Ownership Yep, you read that headline right. Foreign business aspirants can now launch their dream venture in the UAE while retaining 100% business ownership! And this also means that 100% UAE...
Foray into Forex – Why Getting into the Foreign Exchange Market Makes Sense The stock market is a dynamic, active, ever-changing industry. Investing in the right thing at the right time really CAN help you to get rich quickly! At the same time, making the wrong...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news
Request a call back
Would you like to speak to one of our business advisers over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.