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Setting up a Company in Abu Dhabi
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Abu Dhabi has one of the most stable and fastest growing markets in the Middle East, which is ideal to launch a successful business, as the procedures are highly transparent and flexible.
Before launching a business in Abu Dhabi, whether it is a company or a branch or a free zone company, the legal and practical requirements must be understood.
Establishing a business in Abu Dhabi typically follows some key stages, however, there are nuances to be applied to individual business sectors.
Step 1: Determine the legal form and activities of the business
Step 2: Register the trade name and obtain the initial approval
Step 3: Arrange an office lease
Step 4: Apply for a trade license and regulatory approvals
Step 5: Obtain the DED Trade Licence
Step 6: Register the Company with Labor and Immigration
Step 7: Apply for Investor/ Partner visa
Step 8: Apply for employee visas
Step 9: Open Bank Account for Company.
General Requirements to Start a Business in Abu Dhabi
Expatriates desiring to launch a business in Abu Dhabi need to partner with an Emirati. The Emirati partner or partners must own at least 51% of the company’s capital for Limited Liability Companies. However, this does not apply to companies, which are established and based in the Free Zone, where investors enjoy sole proprietorship.
For commercial agencies, the Law on the Regulation of Commercial Agencies stipulates that the business of the commercial agency in the UAE shall be limited to UAE nationals only. Foreign Company branch needs to appoint a UAE National Service agent.
The accepted legal forms of companies in Abu Dhabi are Limited Liability Company, Establishment, Branch Company, Private Shareholding Company, and Public Shareholding Company.
For selecting the Trade name which distinguishes the business from others and conforms to the nature of the activity and legal form should be included.
The licences issued by various licensing authorities in Abu Dhabi include Commercial Licence, Agricultural Licence, Vocational Licence, Professional Licence, Industrial Licence, and Tourism Licence.
Plus UAE will be an ONE STOP SHOP for all the procedures in Abu Dhabi.
marketing@plusuae.com
Tel: +971 2 4919050
+971 50 5822183 (whatsapp)
www.plusuae.com
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