A well-planned region, Industrial City of Abu Dhabi (ICAD) has been constructed and operated with the highest level of technological standards. The ICAD is located on the outskirts of Abu Dhabi, covering an area of 40 sq. km with a different variety of business clusters to explore. The business opportunity in Abu Dhabi Industrial City (ADIC) is higher for industrial and manufacturing-oriented companies. Every business sector in the ADIC has top-notch infrastructure, great transport connectivity, and excellent communication facility.
This zone is strategically located between 2 emirates, Dubai and Abu Dhabi. The cost-efficient and flexible policies, along with easy company formation formalities, is an appealing factor for foreign investors. ICAD has a thriving technological environment which contributes and supports present and future growth of different companies.
Benefits of Business Setup in Abu Dhabi Industrial City (ADIC)
With increasing investment in the manufacturing sector of Abu Dhabi, the benefits which industrial companies receive in the ICAD are:
- A prime location on the outskirts of Abu Dhabi
- Benefits from utility connections
- The most advanced means of communication networks
- Convenient transport links to Europe, Asia, and the Middle East & North Africa (MENA) region
- Exemption from all types of taxes
- Zero customs duty on all imported and exported goods
- Easy access to licensing, business permits and employment visas
- Freedom of foreign ownership
- Total repatriation of profits and capital
ADIC comprises the following business clusters:
- Engineering & Metals
- General Industries
- Chemical and Plastic
- Oil and Gas Services
- Construction Materials
- High-Tech Industries
- Advanced Factory Units
Existing Zones in the ICAD
ICAD has more than 355 manufacturing companies, which employ more than 30,000 workers. There are 5 different industry zones or clusters at present in the ICAD of Abu Dhabi:
Heavy-to-medium manufacturing, engineering, and processing industries. ICAD I extends over an area of 14km².
Light-to-medium manufacturing, engineering, and processing industries.
Light-to-medium engineering and processing industries with an international focus. Wood processing and engineering, chemicals and plastics, construction materials, high-tech industries, food, and textiles are the key target sectors for this zone.
Technology and light-manufacturing based industries.
Automotive or automobile-manufacturing based industries.
Procedure to Set Up a Company in Abu Dhabi Industrial City (ADIC)
1. Determine the Economic Activity
As the prerequisite to company setup, you need to determine your economic activity type under the regulations of the Department of Economic Development of Abu Dhabi.
2. Determine the Legal Form of Your Company
The second step is to define the appropriate legal form for your company. The legal forms might differ from company to company depending upon their business nature.
3. Register Your Business Name
The next step is to register of your business name. Selecting an appropriate business name for your business entity is one of the important steps before your initial approval.
4. Initial Approval
After getting the trade name certificate, the next step is to get an initial approval from the Free Zone Authority.
5. Acquire Approvals from Authorities
After getting your initial approval, you need to get an approval from all the concerned authorities and fulfil all the terms and conditions.
6. Obtain a License
The last step before starting your business operation is obtaining your business license. Choosing from the different types of Industrial license is a very important step.
The Industrial City of Abu Dhabi an ideal hub for manufacturing and heavy & light Industries. It provides a variety of domain-specific clusters one can identify and start their production process in. Commitbiz can assist you in handling your business registration, acquiring the license, getting the necessary permits and all other legal formalities. Contact us and start your business without any legal interruptions or hassle.