We Help You Setup Business In One of the Most Prosperous, Secure, and Fastest Growing Markets in the World!
Why Setting up Business in Abu Dhabi is A Smart Decision?
Abu Dhabi, being the political capital of United Arab Emirates, is one of the most preferred offshoring destinations in the world. It accounts for 96% of the country's total oil reserve, and offers wide investment opportunities to almost all economic sectors.
Apart from the fact that it is affluent and safe, setting up a business in Abu Dhabi is much sought-after due to its transparent and flexible procedures. Unlike most countries, it just takes few days to set up a new business or open an offshore branch of your company in Abu Dhabi if you fulfill the required formalities correctly.
Commitbiz is a leading company that offers business setup services in Abu Dhabi and is well aware of all the legal and practical requirements for business setup in the area. We make our clients aware of the local culture, relevant business setup laws and procedures, and ensure that the setup process is efficient and risk free.
Prominent Categories of Business Setup in Abu Dhabi
If you plan to create contacts, develop long-term customer relationships, and get orders in the Middle East, setting up a business in Abu Dhabi should be one of yours top priorities. There are 2 categories of business setup in Abu Dhabi:
Abu Dhabi Economic Department is the licensing authority which issues licenses for all kinds of business in Abu Dhabi except for the free zones. The licenses issued in Abu Dhabi are:
- LLC (Limited Liability Company)
- Branch of Foreign Company
- Branch of Local (UAE) Company
- Establishment (Only for UAE nationals)
- Public Joint Stock Company/Private Stock Company
- Free Zones
An Expatriate can choose either Mainland or Free Zone to set up his new Company according to his/her requirements.
Free zones offer single window administration, and are established as independent jurisdictions that allow the expatriate entrepreneur to own a company wholly (100%). There is no requirement to appoint a UAE national as a service agent of a branch or as a partner if the business is setup in Free zones. Setting up local business in UAE has some restrictions, so, Free Zones act as a window to carry on international business trade. However, local (UAE) supply of goods has to be channeled through local distributors, and the company is supposed to pay 5% customs duty for it.
Free Zones issue licenses for:
- Commercial trading
- Branch of Foreign Company
To read more on Free Zones in Abu Dhabi and view entire Free Zone list, click here.
Abu Dhabi has a list of Mainlands (commercialized geographical areas that fall under UAE Government and its authorities), with regularized policies and legal structures that make it one of the most developed economies. Commitbiz has expertise and experience in setting up Mainland companies in Abu Dhabi, and can help you set up your dream company without any hassles. Read more about the Mainland companies in Abu Dhabi.
8 Procedures to Setup a Business in Abu Dhabi
Some procedures and legal requirements need to be fulfilled for setting up business in Abu Dhabi. Commitbiz is well aware with the formalities required to set up a business, and can help you take care of all the below mentioned procedures:
1. Determining the Type of Economic Activity:
Legal procedures and fee may vary depending on the nature of your business activity. We help you gain clear understanding of your intended business activity before initiating the procedures, so that there are no confusions at the later stage.
2. Finding a Local Sponsor:
As per the UAE jurisdiction, foreign companies need a local sponsor (service agent / company comprising of UAE nationals) to open a branch office in Abu Dhabi, who will facilitate necessary licenses for the branch office without bearing any liability to capital contribution or losses.
3. Determining the Legal Form of Business:
Rules and regulations are different for different ownership types and business establishments. We help our clients determine which type of legal structure is appropriate for their business needs.
4. Registering Trade Name:
Trade name distinguishes businesses and represents their nature and legal form. We help our clients not only in setting up business in Abu Dhabi but also help them in registering trade name from the list of registered trade names provided by Department of Economic Development (DED).
6. Fulfilling Licensing Requirements
Various types of licences issued by the Abu Dhabi licensing authorities are:
- Agricultural Licence
- Commercial Licence
- Industrial Licence
- Professional Licence
- Tourism Licence
- Vocational Licence
We help our clients get all the licenses, avail No Objection Letter from the deemed authority, and also get their legal documents translated into Arabic by the legal translator.
7. Getting Special Approvals
Additionally, CommmitBiz helps foreign investors get special approvals from desired departments of Ministries like:
- Abu Dhabi Customs Authority
- Abu Dhabi Distribution Company
- Abu Dhabi Education Council (ADEC)
- Abu Dhabi Food Control Authority
- Central Bank
- Medical council
- Ministry of Agriculture and Department of Health
- Ministry of Civil Aviation
- Ministry of Economy
- Supreme Petroleum Council
- Telecommunications Regulatory Authority
5. Obtaining the Initial Approval:
The approval from General Directorate of Residency and Foreigners Affairs - Abu Dhabi (GDRFA) is compulsory for foreign investors before getting the initial approval. Initial approval certificate is required to continue with the business license formalities that permit foreign nationals to practise desired business activity in Abu Dhabi. We help our clients get all required approvals from the concerned authorities including DED, and help them pay legal fee for issuing business license.
Setup your Dream Business in Abu Dhabi with Commitbiz
We support companies setup a business in Abu Dhabi, a leading international trading hub in the Middle East. We assist our clients penetrate into this booming economy by taking care of all the legal formalities, help their business gain a foothold, establish free trade agreements, and ensure that they avail all state-of-the-art facilities of the region.
For business setup services in Abu Dhabi, contact us. Our experts will be glad to assist you.