Setting up a contracting company in Abu Dhabi requires a systematic approach to ensure compliance with regulations and a smooth establishment process. This manual serves as your guide through each crucial step, with Plus UAE Business Consultants providing expert assistance at every stage.
1. Business Plan
Our experienced consultants at Plus UAE assist you in creating a comprehensive business plan. This plan will outline your company’s structure, define appropriate commercial activities and trades, and provide accurate financial projections to set a solid foundation.
2. Legal Structure
Navigate the complexities of legal structures with guidance from our Compliance Consultants. We help you choose the optimal legal structure for your contracting company, ensuring alignment with regulatory requirements and industry standards.
3. Trade Name Reservation
The meticulous team at Plus UAE’s Documents Controlling division manages the reservation of your unique trade name through the Abu Dhabi Department of Economic Development (ADDED). This ensures alignment with your business activities and enhances your brand identity.
4. Initial Approval
Plus UAE takes charge of obtaining initial approval from the ADDED and secures immigration clearance for shareholders. This involves presenting your business plan and relevant documents with the utmost professionalism, setting the groundwork for your company’s approval.
5. Location Approval
Facilitate the acquisition of approval for your company’s physical location with our assistance. This includes arrangements for a tenancy contract and approval from the municipality, ensuring a seamless setup process.
6. Memorandum of Association (MOA)
Plus UAE Legal division supports preparing the draft and notarize the Memorandum of Association, a critical legal document defining your company’s structure and rules. This ensures clarity and adherence to legal requirements.
7. Ultimate Beneficial Owner Filing
Our team guides and process you through the registration and filing process for the ultimate beneficial owner of the company, ensuring compliance with transparency requirements.
8. License Application
Our dedicated team assists you in preparing and submitting the license application to the ADDED. This includes managing essential documents such as the business plan, initial approval, tenancy contract, notarized MOA, and other necessary paperwork.
9. Final License Issuance
Once all requisite approvals are secured, the ADDED will issue your final trade license. This marks the culmination of a meticulous process overseen by Plus UAE, ensuring a compliant and successful setup.
10. Registration with Chamber of Commerce
We facilitate the seamless registration of your contracting company with the Abu Dhabi Chamber of Commerce and Industry (ADCCI) with our expert assistance.
11. Municipality Classification
For businesses with specific contracting natures, Plus UAE ensures compliance with additional approvals and requirements set forth by municipal authorities, securing your company’s classification.
Conclusion
Engage with local business advisors or company formation specialists to ensure continued adherence to specific regulations and a streamlined process. Stay informed by checking with relevant authorities for the latest updates. Trust Plus UAE to navigate the complexities, making your journey to establish a contracting company in Abu Dhabi a smooth and compliant one.