What is Abu Dhabi free zone license cost?

Learning about the Abu Dhabi Free zone license cost can help you get started with your business in the UAE. A company in Abu Dhabi can help you gain a lot of advantages. If you’re a new entrepreneur, it is an excellent market to lure customers and drive revenue. 

On the other hand, if you’re an existing businessman and looking forward to expansion opportunities, UAE can be an excellent market. Renowned as the capital of the United Arab Emirates federally, it is also the largest of all emirates. Having said that, Abu Dhabi currently occupies more than 80 percent of the total land of the country. Thus, making it one of the biggest markets for your business to step into and grow.

What is Abu Dhabi free zone  

There are different ways you can set up your business in Dubai. Either you can open a company in the mainland of Abu Dhabi, or you can set up a freezone company in Abu Dhabi. Mainland and free zones are nothing but different geographical areas in Dubai that are governed by a slightly different set of rules. Nonetheless, they offer plenty of entrepreneurial opportunities for everyone. Setting up a freezone company in Abu Dhabi, on the other hand, has a few added flexibilities and advantages for your business. Furthermore, the Abu Dhabi free zone license cost is affordable.  

Foreign investors can find a massive gateway in Abu Dhabi and tap into its full potential with ease. Since free zones are designed to boost the economy, they present a plethora of opportunities. The UAE government has created them to promote foreign investment and drive growth. Every free zone company in Abu Dhabi is governed by a freezone authority. The authority regulates the geographical regions and their trade activities. It is also responsible for issuing licenses to non-resident companies of the UAE. 

List of Free Zones in Abu Dhabi 

If you’re planning to start your business in Abu Dhabi, you need to look for a free zone. The Abu Dhabi free zone license cost will depend on it. Here is a list of free zones in Dubai that present an excellent opportunity for business-

1. Abu Dhabi Airport Freezone (ADAFZ)
2. Twofour54
3. Abu Dhabi Ports Company (ADPC) Free Zone
4. Abu Dhabi Global Markets Free Zone (ADGMFZ)
5. Industrial City of Abu Dhabi
6. Higher Corporation for Specialized Economic Zones (ZonesCorp)
7. Masdar City Free Zone
8. Khalifa Industrial Zone Abu Dhabi (KIZAD)

How to Set Up a FreeZone Company in Abu Dhabi?

Before knowing the Abu Dhabi freezone license cost, you need to set up your business. Setting up your foreign invested enterprise is an easy task. Since the government already promotes business formation there, the requirements are minimal. The procedure to set up a freezone company in Dubai is simple and straightforward. It will only take a fraction of your time without any bureaucratic barriers. 

Since free zones have independent jurisdictions, they act as a single-window administrator. This means they allow a foreign individual to own 100 percent of the business. So, if you’re planning to launch a business anywhere in the world, the Abu Dhabi freezone can be a great option. You don’t need to partner with a UAE national to share your business equity. In other words, you’re completely in charge of your company. 

In most cases, the Abu Dhabi free zone authority offers you help in setting up your business. Additionally, you will need to procure these documents and go through the following steps-

1. Identify Company Type

Setting up a business is easy. But, you also need to know about your business type. That’s because all businesses are governed by their own rules. For example, if you’re selling food, you will need to comply with food regulations. Therefore, start by determining the type of business activity you want to undertake.  

2. Register Your Trade Name

Once you decide what business you want to do in Abu Dhabi, identifying your Abu Dhabi free zone license cost will be easy. The next step is to register yourself. After picking the trade name, you give your suggested names to the Freezone authority. These authorities check and validate your name. While you pick a trading name, make sure that it isn’t offensive or derogatory. It needs to be approved by the UAE government. After approval, your company will be fully registered.  

3. Obtain Approvals from Freezone Authority

Registering the trading name is easy. But, you also need to get your business license to start conducting trade activities. This step requires your due diligence. Make sure you have all the required documents before you submit for a license. In case you’re not sure, you can seek the assistance of a consultant like Shuraa. 

4. Apply for the License

After verifying the documents, you need to apply for the license. This can be easily done online. This step will take some time because the freezone authority will need to verify your documents. You will receive a link after the successful submission of documents. 

5. Pay Abu Dhabi Freezone License Cost

One of the crucial steps is to pay the Abu Dhabi free zone license cost. In case you miss out on this, you will not receive your license. Make sure you pay adequate fees, depending on your business type. Upon submission of the fee, you will receive your license. You’re now free to conduct business operations in the Abu Dhabi freezone. 

Abu Dhabi Free Zone License Cost

The license cost in Abu Dhabi free zone depends upon factors such as- 

1. The freezone you intend to choose for your company
2. The type of business
3. The type of license

With the help of business license consultants like Shuraa, you can easily break down the costs and minimize them. 

Contact Shuraa

Setting up your business in Abu Dhabi can be rewarding. But, it is equally challenging to know everything about the region. With Shuraa, you get to understand your Abu Dhabi free zone license costs. At the same time, you also get to grow your business with the right advice. Setting up a freezone company in Abu Dhabi has never been easier. You can reach out to our experts at +971 44081900 or drop a WhatsApp message on +971 507775554. For assistance via email, please write to us at info@shuraa.com.