Business Setup in Abu Dhabi – Company Formation in UAE

Abu Dhabi is the capital of the United Arab Emirates and is situated on the mainland of the Arabian Gulf of Persia. Abu Dhabi is one of the most populated Emirates of the UAE. It largely contributes to the GDP (Gross Domestic Production) of the Emirates and plays a significant role in the economy through its GDP and per capita income.

The processes around the U.A.E are very straightforward and easy for businessmen to set up their companies. Business Setup in Abu Dhabi is a simple and seamless process. The Department of Economic Development (DED) in Abu Dhabi has launched new approaches to help company owners establish and expand their business activities without excessive costs on formation and administration processes.

Company Formation in Abu Dhabi is a great opportunity for business enthusiasts. The UAE government has streamlined the company setup process, making it smoother than ever before. This is one of the reasons why business leaders are keeping an eye on Abu Dhabi.

Types of Business Licenses

To secure the license, our team will prepare the application form. We will also submit several documents including a company incorporation certificate, director & shareholder documents, a notarized AOA, a lease agreement of office space and industrial space (if required), a detailed business plan, and other necessary documents.

Different types of business licenses that can be obtained while company registration in Abu Dhabi is as below:

  • Commercial License
  • Occupational License
  • Professional (or Craft) License
  • Industrial License
  • Tourism License

Commercial License

This license will be issued to companies engaged in general business activities; these activities are defined under Federal Law No. 18, 1993. Examples of commercial businesses include i) general trading companies ii) construction & real estate companies iii) transportation companies iv) business contractors and v) hospitals and clinics.

Occupational License

This license will be issued for businesses that involve individuals using their mental and intellectual capabilities; talents; and abilities to serve their Clients. Examples of such businesses include i) accounting and audit firms ii) law firms iii) consulting firms and iv) research and development companies;

Professional License

This license will be issued to artisans and other professionals who personally engage in the practice of a particular craft. These individuals may work alone or work with up to 5 people. Examples of such crafts include i) carpentry ii) smithery and iii) steelwork;

Industrial License

This license will be issued to businesses that wish to set up manufacturing operations in Abu Dhabi. To avail of this license, our clients will need to secure a lease agreement for industrial space. Furthermore, unlike the aforementioned licenses, this license will be issued by the Higher Corporation for Specialized Economic Zones (ZonesCorp).

Tourism License

This license is issued by the Abu Dhabi Tourism and Cultural Authority (TCA). Businesses that offer tourism-related services like hotels, travel agencies, boat rentals, etc. will need to secure this license.

Benefits of Business Setup in Abu Dhabi

A few of the advantages of setting up a business in the capital of the U.A.E are as follows:

  • The availability of the entire required infrastructure – land, premises, roads, energy supply, connections and etc
  • Clear rights of foreign business owners
  • Possibility of 100% foreign participation in the share capital of the company and no need of involving the local citizen as a mandatory participant of the company (in economic zones)
  • Opportunities for the repatriation of the invested capital and gained profits
  • Ease of running the business without the day-to-day interference of the local, national partner
  • Competitive real estate costs
  • Easy to open global corporate bank accounts

Business Setup Services in Abu Dhabi, UAE

If you want to set up a business in the UAE specially in the Emirati capital, it is highly recommended to have a business setup consultant by your side. They will assist you throughout your business setup journey, ensuring a smooth process. They will help you with processing your documents and papers, simplifying the administrative procedures.

Having a business consultant is especially beneficial when obtaining your Abu Dhabi trade license. They possess knowledge of where to apply for the license and can guide you on the required documents to submit with the application.

RIZ & MONA CONSULTANCY offers its clients a seamless process of business registration across the UAE. Contact us and book a free appointment to set up a new business in the Abu Dhabi mainland or Abu Dhabi free zone.