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Company formation in Abu Dhabi Freezone
Company formation in Abu Dhabi Free Zone
The biggest of the seven emirates and the federal capital of the United Arab Emirates, Abu Dhabi covers more than 80% of the nation’s total land area. There are a number of free zones in Abu Dhabi that offer an ideal setting for company establishment in the Emirates and a method for international investors to access the country’s full potential.
As part of the Emirate’s effort to diversify its economy and encourage international investment, Abu Dhabi has created free zones. Media and light businesses, logistical businesses, and medium and heavy industries are all set up for business in free zones. The main reason for company registration in Abu Dhabi is the numerous benefits and amenities shareholders obtain by establishing a business in one of the free zones in the emirate.
Advantages of Abu Dhabi Free Zone Company
Each of Abu Dhabi’s free zones offers different types of benefits to different types of enterprises. This is because a free zone dedicated to IT enterprises will immediately cater to IT businesses. However, there are certain general advantages to establishing a business in the Abu Dhabi Free Zone. All of Abu Dhabi’s free zones offer the following advantages:
- Free Zone Limited Liability Company
- Branch of a Foreign Company
- Branch of a UAE Company
- Freelance License
Steps to Start a Business in Abu Dhabi Free Zone
To facilitate and promote international investment, the government encourages company establishment in Abu Dhabi free zones. As a result, the procedure for establishing a firm is simple, uncomplicated, less time-consuming, and free of bureaucratic impediments.
Free zones are independent jurisdictions that serve as a single-window administration and allow an expatriate entrepreneur to own a firm entirely (100% shares) without partnering with a UAE native. The Abu Dhabi Free Zone Authority (FZA) is an autonomous government entity that awards free zone operating licenses, registers non-resident corporations, and supports businesses in establishing themselves.
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Trade Name Registration
After you’ve completed the first step, you’ll need to register your company’s trade name. You can submit a list of potential names to the Abu Dhabi Free Zone Authority. If the existing firm has not already registered the name in the UAE, it must be approved and officially registered by the authorities. The following are some of the most frequent Trade Name regulations:
- Does not violate the morality or public order of the country.
- Must be followed by the legal form of the firm, such as FZE, LLC, DMCC, etc.
- The trade name has not been registered by any other company.
- It is compatible with the legal situation and the type of action that is required.
- It should not contain any governing authority names, religions, logos, or foreign organisations.