Abu Dhabi Mainland Company Setup

Abu Dhabi, the capital of the United Arab Emirates, is one of the best places to consider when starting a business. Over the years, the Emirate has become one of the top destinations for entrepreneurs because of its booming economy from oil production, real estate, industrial development, and tourism. One of the reasons why Abu Dhabi has become the top choice of investors and entrepreneurs is the ease of doing business.

According to World Bank’s Doing Business in 2020, Abu Dhabi was regarded to be one of the strongest regional performers when it comes to ease of doing business. With its good location and diverse economy, Abu Dhabi is becoming one of the most favorite destinations for entrepreneurs.

Advantages of a Dubai Mainland License

Low Company Setup Cost

The ease of doing business in Abu Dhabi is one of the factors that attracts entrepreneurs and investors. Companies under the Abu Dhabi Mainland License are not required to have any minimum share capital. They are also exempted from an annual audit. However, there are exceptions to this in some jurisdictions.

Wider Scope of Business

Having an Abu Dhabi Mainland License lets you conduct business activities anywhere in the UAE. This allows a broader reach of consumers and customers across the region. Entering a wider market also lets you maximize your company’s increase in profit and revenue.

Long Term License Validity

Unlike other business locations, Abu Dhabi offers a 2-year validity in commercial licenses. This would minimise costs and effort in annually renewing your licenses.

Tourism Sector Development

Abu Dhabi is known to be one of the most well-known global tourist destinations. It serves as a host for the largest commercial and sporting events which contribute to its increasing tourism sector yearly.

Ability to Work with Government Bodies

Companies with Abu Dhabi Mainland licenses are allowed to work with government contracts. This gives your company the opportunity to bid for different Government funded projects for a higher revenue.

Repatriation of Capital and Profits

Mainland companies in Abu Dhabi have the advantage of repatriating 100% of the profits and capital made by the business without any restrictions. Having an Abu Dhabi Mainland license also entitles you to 100% ownership and exempts you from income taxes. Value Added Tax (VAT) is the only tax imposed on enterprises at a rate of 5%.

Explore Monthly Payment Plans with Selected Banks

Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued by any of our participating banks and repay in easy instalments over a period of 12 months.

Steps

Make a minimum purchase of AED 1,000 using your credit card for any services provided by Rapid Zone.

 

Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.

 

Get the option of paying over 3, 6, 9 or 12 months

*General terms and conditions from the banks will be applicable.

Steps for Setting Up Your Company in Abu Dhabi Mainland

The first and one of the most critical steps in setting up business in Abu Dhabi Mainland is choosing the right trade license and company structure. Since there are requirements for each type, it is better to know the business activity and legal structure of your company beforehand. The Abu Dhabi Department of Economic Development (DED) is the one responsible for issuing licenses for business registrations in Abu Dhabi.

Choose the right and appropriate name for your company. There are certain guidelines that you have to follow in choosing a company name. Rapid Zone can provide you a comprehensive guide for choosing your trade name.

Once you have selected your business activity, company structure, and trade name, you can now seek preliminary approvals from the Abu Dhabi Department of Economic Development.

Some of the documents needed for getting a preliminary approval are:

· Approved trade name

· For foreign investors: Approval from the Department of Naturalization and Residence, along with valid passport copies

· Copy of Emirates ID (if applicable)

· No objection certificate

Our team at Rapid Zone can assist you in meeting all these requirements for a faster and hassle-free process.

Upon submission of all documents, payment must be made. After this, you can now collect your trade license.