Abu Dhabi Airport Business City is a financially prominent metropolis free zone that is considered to be placed strategically in its location. Because of the latter, there are many international companies in Abu Dhabi swarming the place. Including engineering companies in Abu Dhabi. That are relishing what the Abu Dhabi Airport Free Zone has to offer.
The government of Abu Dhabi has a 2030 Vision of having a soaring economy. With this, they have decided to develop Abu Dhabi Business City that owns, operates, develops, and manages business parks and centers.
Abu Dhabi Airport Business City is composed of residential, recreational, retail, and lifestyle facilities. This kind of environment gives the companies to not simply enjoy their workspace but also improve in different aspects.
In addition to this, Abu Dhabi Airport Free Zone companies enjoy the comprehensive office and warehouse with full amenities. These are offered to a wide list of industries, such as aviation, aerospace, logistics, cargo, IT and telecommunications, etc. Along with these things are advantages that are unique than the other Abu Dhabi free trade zones in the UAE. The free zone aims to provide the needed facilities and services.
Having an area of more than 10 square-kilometers, five commercial districts are included in its jurisdiction. The districts are as follows: Logistics Park, Business Park, Destination Village, Al Falah District, and Airport City.
The above-mentioned perks are just some of the reasons why business setup in Abu Dhabi Airport Free Zone is rising now amongst other company formation Abu Dhabi. There are more and more Abu Dhabi international companies that reside in this certain Abu Dhabi Free Zone Authority.
Businessmen who conduct company setup in Abu Dhabi in this free zone can choose among the legal entities that are allowed to operate inside. They are as follows: Free Zone Limited Liability Company FZ-LLC (Corporate), Free Zone Limited Liability Company FZ-LLC (Natural), and Branch of a Local or Foreign company.
There is a set of procedures that is followed when it comes to business setup in Abu Dhabi Airport Free Zone. This can be done in an organized way when people do it for you. It is advisable that you seek a consultancy in Abu Dhabi. Consultants are expected to offer you with information that you do not normally have any idea about. They will be the one who will provide you the answer to how to start a business in Abu Dhabi and actually starting a business in Abu Dhabi. Before that, they can also advise you on big and small business opportunities in Abu Dhabi for you to weigh things. They are the right people to speak about your new business ideas in Abu Dhabi that you are looking forward to turning into reality. Consultancy in Abu Dhabi is not really that difficult to look for. But it is imperative to choose the right business setup consultants in Abu Dhabi to execute the proper procedures correctly on your behalf.
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Following industries you can setup in ADAFZ
We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.
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Benefits of Business Setup in Abu Dhabi Airport Free Zone (ADAFZ)
Free zones have a lot of benefits up to their sleeves. This is why free zone companies in Abu Dhabi are choosing to stay in their spots. Because of the advantages that they are getting.
Besides the number of positive things that this Abu Dhabi free trade zone offers. A list of other benefits is mentioned below for you. To peruse and weigh things as you decide. Where you should carry out your company formation Abu Dhabi.
- 100% foreign ownership
- Quicker to incorporate
- Companies can operate 24 hours a day
- Visa processing for employees
- Independent regulations
- 100% repatriation of capital and profits
- One-stop-shop administrative services
- Close proximity to airports
- 100% Import & Export tax exemption
- Access to facilities of Cargo Village and Cargo Terminal
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Business Setup Requirements & Procedure
Basic requirements for Business Registration in Abu Dhabi Airport Free Zone are as follows:
Here is a general list of certifications and documents required for Abu Dhabi Airport Free Zone business setup:
- Tradename reservation certificate
- Initial Approval from free zone authority
- Copies of shareholders’ passports
- Passport and CV/resume of appointed manager
- Lease agreement
- Personal information sheet (for every shareholder including appointed general manager)
- Power of Attorney for the appointment of a legal representative for company formation
For corporations and representative offices, additional requirements include:
- Memorandum of Association or Articles of Association (notarized and attested; attestation must be from UAE embassy)
- Certificate of registration (only if applicable)
- Board resolution indicating intent to establish in ADAFZ
The procedure of processing your business setup in Abu Dhabi Airport Free Zone will range from 2 to 4 weeks.
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Support Services Offered in Abu Dhabi Airport Free Zone (ADAFZ)
FAR Consulting Middle East is one of the leading business setup consultants 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 solutions for Abu Dhabi Airport Free Zone business setup include:
- Application and follow up on your behalf for the issuance of a business registration certificate
- Account opening with Ministry of Labor
- Account opening with UAE Immigration
- Assistance in acquiring business address
- Document clearance – business setup requirements
FAR Consulting Middle East is one of the leading business setup firm in Abu Dhabi. Call us today to book a consultation with our experts.
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Business Setup Cost in Abu Dhabi Airport Free Zone (ADAFZ)
Abu Dhabi Airport Free Zone offers various advantages as a business hub in the UAE. Business professionals and consultants at Farahat & Co are experienced in the process of setting up a business in Abu Dhabi Airport Free Zone. The fee table below explains the cost of company formation in ADAFZ. Contact us for a more detailed information on business setup in Abu Dhabi.
Cost for Business setup in Abu Dhabi Airport Free Zone (ADAFZ) Costs
Business Registration and Licensing Cost Fees Registration Fee for LLC AED 7,500.00 Registration Fee for Branch AED 5,000.00 Cost by Trade Licence Type (Select one of the following) Commercial License Fee Free Trading License Fee AED 0.00 Service License Fee AED 0.00 Aviation License Fee AED 0.00 Manufacturing License Fee AED 0.00 Setting up a branch office (Starting from) AED 0.00 Setting up a Branch of a Foreign Company AED 0.00 Additional Fees for Business Registration Establishment Card AED 834.00 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 Employment/Residence Visa (Select one of the following) Employment / Residence Visa – In Country AED 3,300.00 Employment / Residence Visa – Out of the Country AED 2,500.00 ATTENTION – NOTEAll fees for government and related authorities are an estimation only, as of on 21st September, 2019. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.
Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.