Set Up Your Company in
Abu Dhabi Mainland
Abu Dhabi, the UAE’s capital, is a prime location for business ventures due to its thriving economy fueled by oil production, real estate, industrial growth, and tourism. Renowned for its business-friendly environment, Abu Dhabi attracts investors and entrepreneurs globally. It’s ranked highly for ease of doing business, as per the World Bank’s Doing Business report for 2020.
Benefiting from its strategic location and diverse economy, Abu Dhabi is increasingly favored by entrepreneurs seeking a conducive environment for their ventures. Its reputation as a strong regional performer underscores its appeal as one of the most sought-after destinations for business endeavors.
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Advantages of Setting Up Your Business in Abu Dhabi
Low Company Setup Cost
Business appeal includes no minimum share capital requirement or obligatory annual audits for firms under the Mainland License.
Wider Scope of Business
With Abu Dhabi Mainland License, businesses can operate across the UAE, expanding their consumer base and boosting profits significantly.
Long Term License Validity
Abu Dhabi distinguishes itself by providing commercial licenses with a two-year validity, reducing the hassle and expenses of annual renewals.
Affordable Office Spaces
Choosing the right office space is pivotal when launching a business. In Abu Dhabi, you have the option to rent or lease affordable spaces.
Tourism Sector Development
Abu Dhabi stands out as a prominent global tourist destination, annually hosting major commercial and sporting events that boost its tourism sector.
Ability to Work with Government Bodies
Can engage in government contracts, enabling them to bid for various government-funded projects and increase revenue opportunities.
Repatriation of Capital and Profits
Abu Dhabi Mainland companies can repatriate all profits and capital, have full ownership, and are exempt from income taxes, with only 5% VAT.
Cost of Setting Up Your Company in Abu Dhabi Mainland
Establishing an Abu Dhabi Mainland Company begins at AED 15,000. Costs range between AED 15,000 to AED 30,000 based on business complexity and visa applications.
Firmz provides customizable packages.
Explore Monthly Payment Plans with Selected Banks
Steps
- Make a minimum purchase of AED 1,000 using your credit card for any services provided by Firmz.
- Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
- Get the option of paying over 3, 6, 9 or 12 months
Types of Licenses Offered in Abu Dhabi Mainland
As Abu Dhabi emerges as a prime hub for business and tourism, understanding your planned business activities is crucial. Firmz assists in selecting suitable activities for your company.
Commercial License
Permits business operations in public trading, healthcare, construction, real estate, and related sectors.
Occupational License
Granted to firms where individuals utilize their skills to provide services, like legal, accounting, and research agencies.
Professional License
This license is granted to companies whose employees offer services in specific crafts such as carpentry and steelwork.
Industrial License
Granted to companies intending to establish manufacturing operations in Abu Dhabi for industrial activities such as production, assembly, and packaging.
Tourism License
The license is issued by the Abu Dhabi Tourism and Cultural Authority for businesses in the UAE's tourism sector, including hotels and travel agencies.
Agricultural License
These licenses are granted to companies involved in agriculture, fisheries, and livestock activities.
Types of Business Structures in Abu Dhabi Mainland
Branch Office
The Branch Office extends a company's presence, whether local or foreign, functioning as the regional headquarters in Abu Dhabi.
Public Shareholding Company
A Public Joint Stock Company mandates a capital of AED 10,000,000, with transferable shares and distinct business names.
Private Shareholding Company
A Private Joint Stock Company requires a minimum capital of AED 2,000,000 and involves at least three shareholders.
Joint Venture
An Abu Dhabi Joint Venture involves two or more entities governed by a contract, conducted in the name of a UAE national partner.
Limited Partnership
In a Limited Partnership, general partners share joint liability for debts, while limited partners have no management role.
Sole Proprietorship
A Sole Proprietorship is a business owned by one individual, allowing 100% foreign ownership for professionals of any nationality.
Steps for Setting Up Your Company in Abu Dhabi Mainland
The business registration process in Abu Dhabi involves just four simple steps.
Determine the Nature of Business
Selecting the right trade license and company structure is crucial for starting a business in Abu Dhabi Mainland. The Abu Dhabi DED issues licenses.
Register Trade Name
Selecting an appropriate name for your company is crucial, and Firmz can guide you through the process with comprehensive advice.
Get Approvals from Authorising Authorities
After selecting your business activity, company structure, and trade name, seek preliminary approvals from the Abu Dhabi Department of Economic Development.
Licensing Approvals
After submitting all documents, proceed with the payment. Subsequently, you can collect your trade license.