Business Setup in Abu Dhabi Masdar City Free Zone
Company Formation in Abu Dhabi Masdar City
Masdar is a free zone and a subsidiary that is exclusively owned by the Abu Dhabi Government. It is known to be about energy and sustainable technologies. This free zone was established in 2006 and it has been focusing on meeting the needs and requirements of businessmen for their companies.
Efforts to Make Abu Dhabi an Excellent Choice
For many years, it remains to stay on its course in making Abu Dhabi a leader in renewable energy and clean technology. People regard Masdar City as among the world’s exhilarating eco-developments because of what it offers and what it wishes to accomplish as a free zone. One of the benefits that it poses is the fact that is close to the Abu Dhabi International Airport and a few kilometers away from downtown Abu Dhabi.
Best Free Zone for R&D Partnerships
The fDi Magazine, a leading foreign direct investment publication recognized Masdar Free Zone as the 2016 Best Free Zone for R&D Partnerships. It is also distinguished as one of the Best Middle East Free Zones for Start Ups and Large Companies.
Business Setup Consultants in Masdar City
Many perceive Masdar City as an open door for opportunities. In conducting a business setup in UAE, there are specific procedures to follow depending on which authority you are looking to setup your company in Masdar city freezone. This is why there are business setup consultants in UAE that are willing to help you wherever you are. From these people, there are those who focus specifically on different locations. There are business setup consultants in Masdar City that are knowledgeable about the said free zone, and there are those who are well-informed with all locations in the country that they can help you to choose which one best fits your company with information and data so you can decide on your own.
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Following industries you can setup in Abu Dhabi Masdar City
We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.
Benefits of Business Setup in Masdar City
Masdar has business-friendly features that are solely made for the purpose to help companies to grow their business with not much difficulty. The environment that Masdar creates for businesses that come in and stay in their location are satisfactory as this free zone meets the requirements of companies. Aside from the top-of-the-line infrastructure and state-of-the-art facilities, there are distinctive benefits that Masdar offers:
Quick and Easy Set Up: Masdar makes everything smooth and fast for their clients by ensuring that the procedures would not take them that long to deal with. This free zone offers a one-stop-shop department that handles everything from registration to government relations to visa processing.
Beneficial Location: This has an accessible location for all markets in the Middle East and Asia as it is surrounded with logistics and transport. As mentioned above, it has close proximity to Abu Dhabi International Airport as well as Khalifa City and Yas Island. In addition, they are 40 minutes away from Dubai, helping them to be easy to reach.
Research and Development Hub: Masdar is also considered as a research and development hub because it has its own research university called Masdar Institute of Science and Technology. This is focused on the fields of energy and sustainability.
Other benefits in Masdar City are listed below:
- 100% foreign ownership
- 100% exemption from corporate and personal income taxes
- Freedom of repatriation of both capital and profits
- One of the world’s most sustainable living and working business clusters
- Highly cost-effective licensing and office space
- 0% import tariffs
- Launching point into local, regional and international markets
- Critical mass of sector knowledge and talent
Business Setup Requirements & Procedure
Basic Requirements for Business Registration in Masdar City Abu Dhabi:
- Trade name reservation certificate
- Initial Approval from Abu Dhabi Masdar City Authority
- Shareholders’ passports (copies)
- Resume and passport copy of appointed manager
- Contract for the lease of a business facility
- Personal information sheet (for shareholders and company director)
- Power of Attorney (notarized and attested) to appoint a legal representative for Abu Dhabi Masdar City company formation
For a corporation or representative office, additional requirements include:
- Legal corporate documents (MOA and AOA)
- Certificate of registration – if applicable
- Board resolution indicating plan to establish in Abu Dhabi Masdar City
The procedure of processing your business setup in Twofour54 Abu Dhabi will range from 2 to 4 weeks.
Support Services Offered in Masdar City
FAR Consulting Middle East is one of the leading consulting companies in Abu Dhabi that deals with company formation Abu Dhabi and other things that a firm may need. We assist people who have questions about how to start a business in Abu Dhabi and anything that they are keen to know.
Our service for Abu Dhabi Masdar City business setup include:
- Application for the processing of a business trade license
- Ministry of Labor account opening
- Account opening with Ministry of Interior
- Assistance in acquiring an address for the business
- PRO Services – for processing of business setup requirements
FAR Consulting Middle East’s business setup consultants in Abu Dhabi are experienced in completing the entire business setup process for its clients. Call us to speak to our team.
Business Setup Cost in Masdar City
Masdar City is presented as a green city of the various Free Zones across UAE, and encourages business activities relating to renewable energy and sustainable living. Business setup consultants at Farahat & Co can assist in formation of a company in the Masdar City. The fee table below explains the fees to setup your company in Masdar City free zone. You may contact us for any further information required about business setup and business formation cost in Masdar City.
Cost for Business setup in Cost in Masdar City Costs
Business Registration and Licensing Cost Fees Registration Fee AED 5,000.00 Knowledge Fee & Innovation Fee AED 20.00 Cost by Trade Licence Type (Select one of the following) Light Manufacturing License Fee AED 20,000.00 General License Fee AED 10,000.00 Non-Profit Organization (NPO) License Fee AED 10,000.00 Service Providers License Fee AED 10,000.00 Consultancy License Fee AED 10,000.00 Regional Head Quarters License Fee AED 10,000.00 Setting up a branch office (Starting from) AED 10,000.00 Setting up a Branch of a Foreign Company (Starting from) AED 10,000.00 Package A (2 from any segments*)
*Except segments: Non-Profit Organisations, Service Providers, Consultancy and Regional Head QuartersAED 10,000.00 Package B (5 from any segments*)
*Except segments: Non-Profit Organisations, Service Providers, Consultancy and Regional Head QuartersAED 15,000.00 Package C (10 from any segments*)
*Except segments: Non-Profit Organisations, Service Providers, Consultancy and Regional Head QuartersAED 20,000.00 Additional Fees for Business Registration Establishment Card AED 1,500.00 E-Channel Registration AED 2,320.00 E-Channel Refundable Deposit AED 5,000.00 Visa Processing Cost Bank Guarantee / Employee Visa deposit AED 2,500.00 Medical Test AED 250.00 Emirates ID application AED 370.00 Employment/Residence Visa (Select one of the following) Investor/ Partner/ Employment / Residence Visa – In Country AED 3,350.00 Employment / Residence Visa – Out of the Country AED 3,350.00