Company Setup in Abu Dhabi Free Zone
In Connect Group we have more than 14 years of experience assisting businesses to set up in Abu Dhabi. Similarly, we offer you a comprehensive one-stop-shop service for all licensing, incorporation, and other related services. Further, we guide investors and entrepreneurs in the process of company formation in Abu Dhabi Free Zone.
Further, we also ensure you build your organization in the right jurisdiction and with the most suitable business structure. Therefore, this will position you for long-term success and growth; avoiding mistakes that cost you money and time.
The Abu Dhabi government is encouraging and promoting business formation in Abu Dhabi Free Zone to ease and facilitate foreign investment. Therefore, in Connect Group we make this process as simple as possible, straightforward, and free from bureaucratic issues.
On the other hand, these free zones were created as independent areas acting as a single-window administration. This allows foreign entrepreneurs and investors to fully own their business (100%) without partnering with a UAE national. Further, the Abu Dhabi Free Zone Authority is the government entity in charge of issuing free zone licenses, providing assistance for companies, and handling the registration of foreign companies.
The benefits of setting up business in Abu Dhabi Free Zone
The process of business setup in Abu Dhabi Freezone is easy, the Abu Dhabi government offers several incentives for investors setting here. Similarly, you can start your business with a flexible facility as well. Thus, starting a company in an Abu Dhabi Free Zone will always be cheaper, but the price will vary in the different free zones.
Let’s observe the advantages we provide you in the process of Business Formation in Abu Dhabi Freezone:
- Exemption from export and import customs duties for services and goods.
- Full foreign ownership.
- A business environment where businesses working in similar fields share a work campus. Therefore, this encourages effective collaboration and friendly interaction.
- Single-window operations for various government services like clearances from the relevant authorities, visa formalities, residential permits, traffic, postal services, and licensing.
- A business-friendly environment with the straightforward company incorporation process
- Fast immigration process and quick access to the most skilled workers.
- Exemption from taxes on corporate and personal income.
- 100% repatriation of capital and profits.
- Pre-built advanced infrastructure
- Business-friendly company laws and legal framework.
Why Abu Dhabi Free Zones are a good option in the UAE?
With the global trends of trading liberation; the Abu Dhabi Free Zone Authority is enthusiastic to go into various challenges and opportunities. Therefore, they are providing massive support to businesses and companies established within its free zones.
Company formation in Abu Dhabi Freezone needs comprehensive decision-making and planning to ensure you choose the right infrastructure and to take care of all the required formalities. Similarly, in Connect Group we will take care of all legal procedures, registration requirements and licensing, types of possible ownership, finding requirements.
In addition, we will have each required documentation in place with the minimum capital deposit in the bank as per the chosen free zone in Abu Dhabi.
On the other hand, whether it is media, small business, or logistics; the Abu Dhabi free zones cover various fields. That is to say, you can choose to set up your business in the following free zones:
Khalifa Port and Industrial Zone (KPIZ).
Khalifa Industrial Zone Abu Dhabi (KIZAD).
Twofour54 Abu Dhabi (Media Free Zone Authority).
Higher Corporation for Specialized Economic Zones (ZonesCorp).
Industrial City of Abu Dhabi (ICAD).
Abu Dhabi Global Market (ADGM).
Abu Dhabi Airport Free Zone (ADAFZ).
Masdar City Free Zone.
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If your business chooses the do-it-yourself approach; the first thing you must undertake is to set up a local entity via registration and incorporation. However, this will be an expensive and consuming process, requiring accounting and skilled legal support to ensure the most important thing in this area; compliance.
Similarly, of course, there are some businesses that can bear the cost and time of setting up a branch office; but there are some instances where taking advantage of a local EOR service provider like us is a better option. In addition, we have an already existing legal entity that will handle immigration and labor requirements in the UAE. Further, we have massive expertise being the intermediary between the organization and its workers; ensuring full compliance with all regulations and laws.
In the UAE, immigration policies and regulations are constantly changing. Moreover, there is more scrutiny by the government regarding visas, types of organization activities, and work permits. Thus, this makes compliance the most important challenge for relocating businesses since immigration violations have several consequences for a business and the involved.
However, instead of risking non-compliance issues with the immigration authorities; many businesses decide to work with us through our EOR and PEO services. Likewise, with this practice, your staff working in the UAE will have no problems with the overuse of business visas, multiple entries, and remote payroll. That is to say, we will handle all visa and work permit necessities and avoid complications from the immigration authorities.
Most countries will mandate businesses with workers on assignment to manage a payroll complying with the local standards and a registered entity. Similarly, this practice of “remote payroll” is not always allowed, especially for long-term assignments.
Likewise, a key aspect of doing businesses in the UAE is the withholding and calculation of the different pay deductions, such as health insurance, taxes, and pensions. We take care of these crucial areas; ensuring full accurate compliance for all your business workers. EOR and PEO services are your best employment solution; we provide the needed legal entity to run payroll with experience in tax regulations. Therefore, ensuring an issue-free process with the local authorities.