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ADAFZ Free Zone Business Setup in Abu Dhabi - UAE Free Zones Company Formation
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ADAFZ Free Zone Business Setup in Abu Dhabi

ADAFZ Free Zone Business Setup in Abu Dhabi

The process of Business Setup in ADAFZ Free Zone

The Abu Dhabi Free Trade Zone offers a minimalistic and effective procedure to start a business for either a local or a non-local. The time period of approval and processing of the business setup varies from 2-3 weeks, depending on the type of activity and the license required for that particular type of activity. The procedure is following;

  1. Initial Approval

For initial approval the following documents are needed:

  • Completed application form
  • Business plan
  • Passport copies of the company’s shareholders and the appointed manager.
  • 2 years audited financial reports for the corporate entity
  1. Registration:

After the initial approval has been received registration of the business with the free zone authorities will be necessary:

  • Payment of registration fee depending on whether a service, trade or manufacturing license is required
  • Board resolution appointing the Manager, notarized and attested
  • Power of Attorney given to the Manager, notarized and attested
  • Memorandum & Articles of Association (MAA), notarized and attested
  • Signature of the Manager, notarized and attested
  • Passport size photo of the Manager in a white background
  1. Licensing and Visa Processing:

Acquiring the license and starting the visa process is the final step;

  • Signing the lease agreement
  • Issuance of the business license once the above has been completed
  • Visa processing

 

Advantages of Business Setup in ADAFZ Free Zone

Establishing businesses in ADAFZ free zone can be highly beneficial for investors; several of the advantages have been listed below;

  • 100% tax and income exemption
  • 100% foreign ownership
  • 100% repatriation of capital and profits
  • No customs duty
  • Close proximity to the airport for import and export
  • 24/7 security and access to facilities
  • Access to regional market
  • In-house IT and telecommunications services
  • Independent regulations

 

Reasons to set up a business in ADAFZ

Abu Dhabi Airport Free Zone is one of the most rapidly expanding free zones in the region, and has some well reputable and companies from industrial sectors, including aerospace, food and beverage outlets (F&B), luxury goods, retail, etc.

ADAFZ provides a vast collection of facilities like:

  • commercial offices
  • flexi-desk services
  • plots of land for development
  • retail licenses
  • warehousing units

 

ADAFZ provides fully furnished, serviced and spacious units to conduct business operations in the free zone. The features offered are designed to make it convenient for individuals and groups to get accommodated in the free zone easily. It is relatively convenient to set up a business in Abu Dhabi Airport Free Zone, but it is advisable to find a free zone company formation consultant who can give advice and provide information that the individual would not normally have access to. Free Zone business setup consultant can provide answers to all the questions and resolve all queries and will help you to start a business in Abu Dhabi Free Zone.


 

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