Company Formation in Abu Dhabi

Company Formation Procedure in Abu Dhabi

Abu Dhabi is a well-known city in Middle East as it is the capital of UAE. It constitutes to major expatriate number and has huge scope for new business formation and company establishment. Abu Dhabi has got some of the transparent procedures for different business structures. Limited liability companies, free zone companies, Mainland business are some of the types of company setup options given by the Government. Company formation in Abu Dhabi has become more cost efficient and smooth process. The Economic Development Department of Abu Dhabi bis responsible all type of company formation process now has come up with multiple procedures ensuring smooth and easy business setup process in Abu Dhabi. Their main vision is to provide a smooth road for business owners without wasting much time and money. As one of the major changes that they rolled out, have reduced the licensing fee as lows as AED 2515 for two whole years. This implies to all the commercial business formation apart from exempting the basic fee from Abu Dhabi Municipality for initial approval, signboard.

How to Start Business in Abu Dhabi

Listed above are the most trusted and cost-effective business setup service providers in Abu Dhabi. They guide the process right from Trade license approval until finding the office space that are much suitable for the client business nature. When it comes to Abu Dhabi company formation is much simple and easy. There are two main category of business setup that is mainly categorized as free zone and mainland company formation. Setting up a business in free zone is an opportunity given for the foreign investors to hold hundred percent ownership on the company profit whereas setting up a business in mainland requires a local shareholder. DED well known as Department of Economic Development holds the control of providing license to all the companies that has different business category like sole proprietorship, Limited liability, partnership, local company branch, foreign company branch, public shareholding and private share holding companies. Starting a business would require three simple steps. First step is to choose the name of the company and to register for trade license and the final step is to find the office space. Listed business setup service providers take care of the entire process and makes the procedure much simple. They take care of registering the trade name, complete process of licensing requirements, special approvals from the Government authority approvals.

Step by step guide for company formation in Abu Dhabi

Company formation or launching your business might seem to be a difficult task, however when following the right process step and with the support of business consultants listed above, the process of launching your business or setting up a business is very simple and easy task. Businesses are majorly categorized as on-shore and off-shore companies. Any foreign investors looking for a business launch in Abu Dhabi on shore must have a local partner associated with the business. Entrepreneurs can own hundred percent share of the business by registering the company as branch of foreign, GCC or free zone company, representative or civil office. Apart from them there are four different types of company that can be registered in Abu Dhabi includes Local branch of a business, Sole proprietorship, Sole establishment and Limited Liability Company (LLC). All these businesses can be registered with the commercial, industrial, professional, tourism and agriculture license.

Follow the below process to register a business in Abu Dhabi

Step 1. Decide on the legal and the business process of the company
Step 2. Register the company name and apply for the trade license for the initial approval of the business
Step 3. Look out for an office space on free zone or on mainland that falls under your budget and the size of the business
Step 4. Arrange for the business approvals with the Ministry of company registration in Abu Dhabi
Step 5. Register the company with the Labor and the Immigration department
Step 6. Business bank account registration
Step 7. Visa process for the employees