Business Setup in
Abudhabi
Singiri Auditing Your partner for seamless business setup in Abu Dhabi.
We offer expert guidance, efficient processes, and comprehensive solutions to launch and thrive in the UAE market.
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Establish Your Company in Abu Dhabi, the Capital of the UAE
Abu Dhabi is the capital of the United Arab Emirates. It has the second-highest population in the country, and has been termed ‘the richest city in the world’. This is not without good reason, as the 420,000 UAE nationals who call Abu Dhabi their home are worth $17 million each. Collectively, they have over $1 trillion in assets abroad. It is no wonder then, that business setup in Abu Dhabi promises to be a lucrative proposition.
The Abu Dhabi Investment Authority is the third-largest sovereign wealth fund in the
world. Abu Dhabi contributes two-thirds of the UAE’s economy, which has been valued at around $400 billion. Many of the proceeds from oil are reinvested into the economy, by supporting Arab businessmen and businesswomen with their expansion plans. This makes
it a lucrative opportunity for anyone wishing to do business in the UAE.
Being the capital city of the United Arab Emirates means that there almost all national-level Government agencies and Government-run companies have their headquarters in Abu Dhabi. There is a lot of scope for Abu Dhabi-based businesses to enter into lucrative contracts with these Government agencies and Government-run companies. For instance, the Abu Dhabi National Oil Company, or ADNOC for short has its headquarters in Abu Dhabi and is estimated to be a $60 billion company.
Identify Your Business Activity
Your intended business activity determines what kind of Business License you should apply for.
There are six different types of Business Licenses – Agricultural License, Commercial License, Industrial License, Occupational License, Professional License, and Tourism License.
It is to be kept in mind that one company can be engaged in more than one business activity. At present, there are more than 2,000 designated business activities specified by the Abu Dhabi Department of Economic Development or ADDED.
Establish Your Business in Abu Dhabi
Depending on the number of shareholders and the purpose for which the company is being established, there are multiple ways of setting up a new business in Abu Dhabi.
It could be any one of the following
- Branch of Foreign Company
- Branch of Free Zone Company
- Branch of GCC Company
- Branch of Local Company
- Civil Company
- General Partnership
- Holding Company
- Limited Partnership
- Branch of GCC Company
- Branch of Local Company
- Civil Company
- General Partnership
If you are not sure which kind of company would be best suited for your business needs, please get in touch with one of our expert business setup consultants in Abu Dhabi who can be of assistance.
Free Zones in Abu Dhabi
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Free Zone
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Sector
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|---|---|
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✔️ Finance |
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✔️ Green technology |
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✔️ Industrial |
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The advantage of setting up your business in a free zone in Abu Dhabi is that it allows for 100% foreign ownership. You are also at liberty to repatriate 100% of your capital and profits, in addition to operating in a tax-free environment. There are no personal income taxes or corporate taxes for the first 50 years. There are also other advantages associated with free zone business setup Abu Dhabi, and a company formation expert can help you further in this regard.
Sometimes, it may make more sense to setup your business on the mainland in Abu Dhabi, where your clients will be able to access you more easily. There is always a best-fit for every business, and at Singiri Auditing, we are committed to helping you find the right solutions for your company.
How Can You Set Up Your Company in Abu Dhabi, UAE?
The first thing to do is determine what exactly your company will be into, or in other words, what it plans to do. A specific business plan is a must because this has a bearing on the next course of action. For example, if you want to set up a paints distribution company, setting your company up as a Limited Liability Company might be a good idea. This will help limit your liability in case of an industrial accident, given that you deal with flammable materials in the course of your business.
Depending on whether you are in the B2C (Business-to-Consumer) segment or B2B (Business-to-Business) segment, you could choose to mainland business setup abu dhabi or in a free zone. If you will primarily be dealing with end users, it is important that your customers are able to access you easily. So a mainland business setup in Abu Dhabi makes more sense.
A free zone offers 100% ownership of your company. However, the company can only be a limited liability company, and limited liability companies are excluded from certain commercial activities such as banking, finance, and/or investment. For more details regarding free zone business setup Abu Dhabi, it is recommended that you get in touch with a company formation Abu Dhabi expert.
Additional permissions may be required depending on the type of commercial activity to be undertaken by the proposed company.
Why Choose an Experienced Company Formation Specialist in Abu Dhabi?
The first thing to do is determine what exactly your company will be into, or in other words, what it plans to do. A specific business plan is a must because this has a bearing on the next course of action. For example, if you want to set up a paints distribution company, setting your company up as a Limited Liability Company might be a good idea. This will help limit your liability in case of an industrial accident, given that you deal with flammable materials in the course of your business.
Depending on whether you are in the B2C (Business-to-Consumer) segment or B2B (Business-to-Business) segment, you could choose to mainland business setup abu dhabi or in a free zone. If you will primarily be dealing with end users, it is important that your customers are able to access you easily. So a mainland business setup in Abu Dhabi makes more sense.
A free zone offers 100% ownership of your company. However, the company can only be a limited liability company, and limited liability companies are excluded from certain commercial activities such as banking, finance, and/or investment. For more details regarding free zone business setup Abu Dhabi, it is recommended that you get in touch with a company formation Abu Dhabi expert.
Additional permissions may be required depending on the type of commercial activity to be undertaken by the proposed company.
Business Setup Cost in Abu Dhabi:
Embark on a successful business journey with Singiri Auditing, your trusted partner for new business setup in Abu Dhabi. Our expert business setup consultants in Abu Dhabi provide comprehensive services customized to your needs, ensuring a seamless company setup process while considering the associated costs.
Navigate the realm of offshore company formation in Abu Dhabi with our expert guidance. Learn about registration expenses and legal prerequisites while enjoying the flexibility to operate internationally.
Exclusive Packages
Specially designed packages to simplify your Account Management
BASIC PLAN
- Up To 10 Monthly Transactions
- Get Free VAT & ESR Assessment
- Updating Day To Day Transactions
- Sales
- Purchase
- General
- Monthly Accounting Reports
- Sales
- Accounts Receivable
- Accounts Payable
- Bank Reconciliation
- Balance Sheet
- Income Statement
- -
- -
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ADVANCED PLAN
- Up To 150 Monthly Transactions
- Get Free VAT Consultation & ESR Notification Guidance With Annual Accounting Plan Updating Day To Day Transactions
- Sales
- Purchase
- General Monthly Accounting Reports
- Sales
- Accounts Receivable
- Accounts Payable
- Reconciliation
- Balance Sheet
- Income Statement
- Cash Flow Statement
- -
- -
- -
PREMIUM PLAN
- Up To 400 Monthly Transactions
- Get Free VAT & ESR Assessment Updating Day To Day Transactions
- Sales
- Purchase
- General Monthly Accounting Reports
- Sales
- Accounts Receivable
- Accounts Payable
- Reconciliation
- Balance Sheet
- Income Statement
- Fixed Asset Register
- Financial Analysis
- -
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