Abu Dhabi Airport Free Zone

Abu Dhabi Business Center was incorporated in March 2006 with an aim to persuade major improvement in the Emirates Aviation sector. SkyCity, a subsidiary of Abu Dhabi Airports Company is responsible for developing Abu Dhabi Airport Free Zone (ADAFZ), which is a comprehensive business park in the vicinity of Abu Dhabi International Airport. It offers regular free zone benefits, like, world-class infrastructural facilities, tax exemptions, and 100% foreign company ownership, etc. to investors belonging to Aviation, Airport services, Aerospace, Logistics, Cargo and Freight sectors, apart from the infrastructural benefits like warehousing and logistic units, land plots, and commercial offices for business setup.

Types of Legal Entities in ADAFZ

A business in Abu Dhabi Airport Free Zone can be register as one of the following entities:

  • Free Zone Limited Liability Company (FZ-LLC) - Corporate
  • Free Zone Limited Liability Company (FZ LLC) - Natural
  • Branch of a local or foreign company

Business Activities in ADAFZ

The main purpose of company formation in Abu Dhabi free zone is making it a unique destination for international and local organizations. Investors can conduct business in the following sectors in ADAFZ:

  • Aviation
  • IT & Telecommunication
  • Pharmaceuticals
  • Trading
  • Consultancy Management
  • Light Industries
  • Marketing and Event Management
  • Aerospace
  • Airport Services
  • Defense
  • Cargo
  • Logistics
  • Freight

Benefits of Setting Up a Business in ADAFZ

  • 100% tax and income exemption
  • 100% foreign ownership
  • No customs duty
  • Close proximity to the airport for import and export
  • 100% repatriation of capital and profits
  • 24/7 security and access to facilities
  • Access to regional market
  • In-house IT and telecommunication services
  • Independent regulations

How to Set Up a Business in ADAFZ?

The Abu Dhabi free trade zone offers a simple and efficient procedure to start a business for a local or an expat. The time period for processing and approving your business setup will vary from 2-3 weeks, depending on the type of activity and the license required for the same. The procedure is as follows:

1. Initial Approval

To get the initial approval, the following documents are required:

  1. Completed application form
  2. Business plan
  3. Copy of existing trade license/registration certificate (if you are an existing company)
  4. Color passport copies of the company’s shareholder(s) and the appointed manager for the new ADAFZ company
  5. 2 years’ audited financial reports for corporate entity or a certificate of reference from a personal bank of the individual shareholder

2. Registration

After you get the initial approval, register your business with the free zone authorities. This includes:

  1. Payment of registration fee of AED 5,000 or AED 7,500, together with a license fee ranging from AED 15,000 to AED 50,000, depending on whether a service, trade or manufacturing license is required
  2. Submission of the completed application for registration
  3. Board resolution appointing the Manager, notarized and attested
  4. Power of Attorney given to the Manager, notarized and attested
  5. Memorandum & Articles of Association (MAA), notarized and attested
  6. Specimen signature of the Manager, notarized and attested
  7. Passport size photo of the Manager in a white background

3. Licensing and Visa Process

The final step is to acquire a license and start the visa process. This includes:

  1. Signing the lease agreement
  2. Issuance of the business license once the above has been completed
  3. Visa processing

The total cost structure for different sectors is as follows:

Activity Cost in AED
Industrial License 7,500
Specific Trading 7,500
Oil and Gas 10,000
Real Estate 15,000
Aviation 15,000
General Trading License 15,000
Freight Forwarding 8,500

Why Set Up a Business in ADAFZ?

Abu Dhabi Airport Free Zone is one of the fastest growing free zones in the region, and has some well-established companies from different industrial sectors, including aerospace, food & beverage (F&B) outlets, luxury goods, retail, etc. ADAFZ provides a wide range of facilities, like:

  • Warehousing units
  • Commercial offices
  • Flexi-desk services
  • Plots of land for development
  • Retail licenses
  • Full range of essential amenities to serve everyday business needs

ADAFZ offers fully furnished, serviced and spacious units to operate businesses in the free zone. The facilities are designed to make it convenient for individuals and groups to accommodate with the free zone easily. It might not be that difficult to set up business in Abu Dhabi Airport Free Zone, but it is advisable to seek a consultant as they offer you information that you do not normally have any idea about. They will provide answers to all your questions and help you start a business in Abu Dhabi free zone. If you are looking for a consultant for the same, we at Commitbiz offer not only the answer to your question of ‘how to start a business in Sharjah?’ but to also make it happen. Our staff studies your requirements and caters to your needs. What’s more, we even provide support services that can assist you in growing your business further. Contact us today, even it’s for a friendly advice.