In November 2019, Abu Dhabi once again hosts the largest gathering of the global oil and gas community outside North America for the 22ND Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC).
The eyes of the world will focus on ADIPEC between 11 – 14 November 2019, when 110,000+ people are expected to attend the event, shoring up Abu Dhabi’s reputation as a global energy business hub..ADIPEC Held under the patronage of H.H. Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE
Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) is ranked 3rd in oil and gas events globally and is unquestionably the leading exhibition and conference for oil and gas professionals in the Middle East, Africa, and Asian sub-continent.
As a highly regulated industry within the UAE, there is one significant consideration for investors wishing to establish a business within the oil and gas sector; i.e. Supreme Petroleum Council Approval (SPC Approval)
The main complexity for foreign investors wishing to set up an oil and gas sector business on-shore in Abu Dhabi is the necessity to find a UAE local partner. As with most countries in the GCC, UAE legislation states that a foreign investor cannot own more than 49% of any business entity in Abu Dhabi, and therefore at least one Emirati partner or UAE Owned Company must be a shareholder in the business, with ownership of at least 51%. As a company formation specialist, Plus UAE can act as the corporate local partner to the foreign investor, providing security and eliminating the requirement to source an individual Emirati stakeholder.
Plus UAE has assisted in the successful set up of numerous companies within the oil and gas sector of Abu Dhabi, our expert team have the necessary skills and knowledge to guide you through the Supreme Petroleum Council Approval process quickly and efficiently, and ensure that your business will be both legal and secure.
Plus UAE can act also as a CORPORATE SERVICE PROVIDER for those who wish to participate and deal with Oil/Gas sector projects in Abu Dhabi without incorporating a local entity. In that case companies ( foreign companies or other emirate registered companies) can evade documentation procedures and the economic barriers of local office setup, license, and other charges. We have represented numerous companies within the oil and gas sectors of Abu Dhabi and they are performing their task successfully.
To deal with ADNOC Companies , it is mandatory to have Abu Dhabi registered Company with Supreme Petroleum Council Approval. For the companies who wish to deal with ADNOC for their project without a local entity can approach Plus UAE to act as a SERVICE AGENT on behalf of the overseas or other emirate entity.
To be registered with CICPA and issue CICPA security pass ,Plus UAE will assist the companies locally to get it completed. Only employees with permanent employee visa issued from Abu Dhabi main land company or for person with mission visa (for 3 months) can get CICPA security pass. Sponsor company of the employee should be registered in CICPA. For the valuable clients who wish to work in CICPA approved projects in UAE can approach Plus UAE without any hassle to make their wish come true.
Mission visa is the best choice for the companies and experts for short term projects or long term projects (in different cycles) to perform in ADNOC or any CICPA allowed sites. You can sign service contract with us and we will issue mission visa to work with them with your own identity.
YOU CAN GET TO FOCUS ON THE THINGS THAT ARE REALLY IMPORTANT . ALL THE PROCEDURES WE WILL UNDERTAKE COMPLETELY.
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