Abu Dhabi Airport Free Zone Company Formation
Business Setup Services | Abu Dhabi Airport Free Zone
The mission of Abu Dhabi Business Center was to incorporate a major title shift in improvement in the Emirates Aviation Sector and that why it was inaugurated on March 2006. In order to make Abu Dhabi a center for Aviation Service many companies have come forward to assist and one of the companies is Skycity a subsidiary of Abu Dhabi Airports Company is responsible for developing
Abu Dhabi Airport Free Zone which is a comprehensive business park in the vicinity of Abu Dhabi International Airport. Abu Dhabi offers several free zone advantages like tax exemptions, world class infrastructural facilities, and 100% foreign company ownership.
In order to invite more investors into the Aviation sector and boost the economy and help the following sections like Airport services, Aerospace, Logistics, Cargo and Freight sectors, apart from the infrastructural benefits like warehousing and logistic units, land plots, and commercial offices for business setup.
Types of Legal Entities in ADAFZ
There are several options for investors to choose when opening a company in Abu Dhabi
- Limited Liability Company – Corporate
- Limited Liability Company – Natural
- Branch of a local or foreign company
Business Activities in ADAFZ
The main purpose of company formation in the Abu Dhabi free zone is making it a unique destination for international and local organizations.
- IT & Telecommunication
- Consultancy Management
- Light Industries
- Marketing and Event
- Airport Services
Advantages of business setup in ADAFZ
- 100% tax and income exemption
- 100% foreign ownership
- No customs duty
- Airport for import and export facilities within drive range
- 100% repatriation of capital and profits
- 24/7 security and access to facilities
- Access to a regional market
- In house IT and telecommunication services
- Independent regulations
How to Set Up a Business in ADAFZ?
To Setup your business in Abu Dhabi we provide a very simple and sound procedure to start a business for a local or an expat. The business setup time period can differ from 2-3 weeks and it depends on the business activity and license you choose.
1. Initial Approval
In order to get the approval you need to provide the following documents
- Completed application form
- Business plan
- Copy of existing trade license/registration certificate
- Color passport copies of the company shareholder and the appointed manager for the new ADAFZ company
- Financial reports of 2 years from a Personal bank of the 2 years audited for a corporate entity or a certificate of reference
After your application got accepted you need to register to your business
- Abu Dhabi registration fee is AED 5,000 – 7,500 and license fee AED 15,000 – 50,000, depending on whether a service, trade or manufacturing license is required
- Submission of the completed application for registration
- Board resolution appointing the Manager, notarized and attested
- The manager gets Power of Attorney for notarized and attested
- Memorandum & Articles of Association, notarized and attested
- Specimen signature of the Manager, notarized and attested
- In a white background passport size photo of manager
3. Licensing and Visa Process
The last step is to get your license and start your business
- Signing the lease agreement
- After you completed the above steps authority will issue the business license
- Visa processing
Why Set Up a Business in ADAFZ?
Abu Dhabi Airport Free Zone has well established companies from different industrial sectors that including aerospace, luxury goods, food & beverage (F&B) outlets, retail and is one of the fastest growing free zones in the region.
- Warehousing units
- Commercial offices
- Flexi-desk services
- Plots of land for development
- Retail licenses
- Fully capable of providing every business needs according to a person’s essential amenities of the everyday.
Abu Dhabi offers serviced and spacious with fully furnished, units to operate businesses in the free zone. The facilities are designed to make it convenient for individuals and groups to accommodate the free zone easily. As compared to other free zones it easy to set up business in Abu Dhabi Airport Free Zone but it is advisable to seek a consultant as they have insight about the things normally you do not have any idea about. At Branches we will provide answers to all your questions and help you start a business in Abu Dhabi free zone.
BCM Corporate Services Can Help You !
1. GET A VISA WITH FLEXI-DESK:
While Dubai World Trade Centre Free Zone is home to a large number of multinational corporations, it’s also very popular with smaller businesses – and its flexi-desk package is a big reason. Flexi-desk is perfect for entrepreneurs who don’t want to commit to permanent physical office space, but still require the ad-hoc use of office equipment and facilities such as meeting rooms. But the key benefit here is that with DWTC’s flexi-desk package you can apply for multiple visas.
2. NO NEED TO COMMIT TO OFFICE SPACE:
For those who require more flexibility than a flexi-desk, Dubai World Trade Centre allows you to set up shop without committing to any office space at all – simply register your business in the free zone and work from wherever you wish. If an office is a requirement, however, DWTC has you covered here as well. Entrepreneurs have the option of taking permanent office space in DWTC’s business centre – currently located in Sheikh Rashid Tower but soon to move to brand new facilities in the coming months.
3. STRAIGHTFORWARD AND AFFORDABLE SETUP:
Whatever type of business you wish to form, Dubai World Trade Centre company setup is fast, simple and affordable. Starting a Free Zone Establishment (FZE), a Free Zone Company (FZCO) or a branch of an existing business in DWTC can be very reasonable. In fact, for the flexi-desk option it may be as low as AED 41,000. As for the process, all is taken care of through the Dubai Department of Economic Development (DED) special project counter and therefore follows the standard DED company formation process.
4. NO REQUIREMENT FOR NOC FROM A LOCAL SPONSOR:
Another reason why Dubai World Trade Centre Free Zone appeals to smaller businesses is that it does not require entrepreneurs to provide a No Objection Certificate (NOC) from a current employer. This is ideal for first time entrepreneurs wishing to set up side businesses within the free zone while still employed.
5. A VARIETY OF BUSINESS TYPES AVAILABLE:
Perhaps the biggest reason why DWTC is one of the UAE’s most bustling business hubs is that it is open to such a wide variety of businesses. Entrepreneurs wishing to set up here can select any DED listed business activity – that’s a choice of over 2,000 from industries as diverse as agriculture, construction and finance.
6. SHARE CAPITAL REQUIREMENTS:
To set up in Dubai World Trade Centre Free Zone you simply deposit AED 300,000 in paid upfront share capital and provide proof that you have done so. While this is certainly a barrier for some, it’s a relatively small cost for setting up in such a prestigious location. If you wish to set up a branch of an existing company, no share capital is required.
7. NO AUDITING OR BOOK KEEPING REQUIRED:
Anything that can lighten the administrative burden can only be a good thing. Fortunately, Dubai World Trade Centre is on hand to help. Not only is there no annual audit for DWTC businesses but there’s also no ongoing book keeping requirements.
8. EASY TO ARRANGE YOUR CORPORATE BANK ACCOUNT:
Another way DWTC can help to reduce admin is by assisting with the opening of your corporate bank account. As well as advising you on the best banks to suit your needs, Dubai World Trade Centre staff can also arrange meetings with your chosen financial institutions should you so wish.
9. EASY TO SPONSOR DEPENDANTS:
As well as making it easy to apply for your own visa, it’s also straightforward for entrepreneurs in Dubai World Trade Centre to sponsor dependants for their residence visas as well. Whether you wish to sponsor a maid, driver or family member, the process is relatively easy – entry permit, status adjustment, medical fitness test, then Emirates ID registration and visa stamping. As this is such an important process, it’s a good idea to get advice from an expert in setting up UAE free zone businesses. This ensures that before you start an application, both you and those you’re hoping to sponsor meet all of the entry criteria.
10. SET UP WITH MULTIPLE SHAREHOLDERS:
Another major draw for large businesses toward Dubai World Trade Centre is that it allows for setup with multiple shareholders – which can be individuals, corporate entities or a combination of the two. Entrepreneurs wishing to set up such a business simply need to register a Free Zone Company.
11. WORLD CLASS LOCATION AND FACILITIES:
Dubai World Trade Centre’s strategic location is yet another factor behind its tremendous popularity. Its transport links include the Dubai Metro and close proximity to Al Maktoum International Airport. Plus, at the heart of its complex is the Dubai International Convention and Exhibition Centre making DWTC the perfect home for entrepreneurs looking to network, collaborate and engage with likeminded professionals from around the world.
12. COMPETITIVE EDGE:
Dubai World Trade Centre’s location, coupled with its low setup costs can offer businesses a real competitive edge. At the heart of Dubai’s financial district, next door to Dubai International Financial Centre, DWTC offers businesses a prestigious office address without the sky-high costs usually associated with the area.
+ 971 502585921
TALK TO OUR BUSINESS SETUP EXPERTS & GET INSTANT SOLUTION FOR YOUR BUSINESS
Simple and straightforward is always the easiest way. We explain every aspect so you understand each step of the process.
Get a Quote Today
CONTINUOUSLY GROWING WITH