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The United Arab Emirates’ capital is often considered the top idyllic hub for new businesses and merchants worldwide. As one of the country’s best economies, Abu Dhabi is garnering an increasing number of SMEs and companies looking for setting up a business in the UAE. The ADDED oversees establishing companies in Abu Dhabi, which provides several benefits. Abu Dhabi is one of the wealthiest emirates in the world due to its oil resources. It is well-funded and economically advanced in property investment, travel and hospitality, production, trade, the industrial sector, and other industries. Once you set up a business in Abu Dhabi, you’ll have access to several additional perks, including extended business permits validity, quicker renewals, reduced prices and payments, and a lower tax burden. The government has also made it easier for businesses to form companies on the Abu Dhabi mainland by decreasing the cost of two-year licensing.
It takes a lot of effort, time, and money for business setup in Abu Dhabi’s mainland jurisdiction. Given we understand the sector well, our capable and skilled consultants can provide you with packages that fit your standards. Laws evolve, making it difficult to stay up to date. A series of procedures, documentation, and interactions with many government institutions must be performed to obtain an Abu Dhabi Mainland License, which can be time-consuming and complicated at first. Freezoner is a well-known mainland company formation consultancy firm in Abu Dhabi, offering quick and comprehensive services for a stress-free start-up.
-> Decide on the type of business activity you’ll be conducting and the jurisdictions you’ll be considering.
-> Obtain vital ministry and department approvals and authorizations.
-> Submit complete papers to obtain initial clearance for opening a business on the Abu Dhabi mainland.
-> Trade name registration.
-> Prepare and notarize the MOA documents.
-> Create a sound legal framework.
-> Arrange for the office space to be leased or rented. Complete the documents and send them in.
-> Pay the necessary fees.
-> Obtain any necessary approvals or permits.
A commercial license has a two-year validity period.
Foreign investors having a business license can hold 100 percent of a company.