Business Setup in Abu Dhabi
An excellent way to legally book international profits by paying the least taxes is by establishing a business in Abu Dhabi. In addition, the Emirate has no individual income taxes.
Business Setup in Abu Dhabi is a legitimate, regulated, and global trading solution. It has been a developing market since 1989, and the imports have more than doubled; regional economic expansion and deregulation will likely increase demand.
It is a thriving market at a prime location that is at the center of one of the richest regions in the worldwide import criteria and is also diverse as it provides an opportunity for most product suppliers. It is reachable with 86 planes and more than 170 shipping lines; and is a free market with no trade restrictions, quotas, or exchange controls.
Available Business Entities for Setting Up a Company in Abu Dhabi
The following are the types of corporate entities available for Setting Up a Company in Abu Dhabi:
- Limited Liability Company (LLC)
- Free Zone Company
- Branch and Representative Offices
- Joint Venture
- Shareholding Companies
- Professional Firms
The Options for Company Formation in Abu Dhabi
You can either opt for a mainland business setup or a free zone Company Formation in Abu Dhabi.
A Mainland can be described as a region that is not a Free Zone but is nonetheless governed by the UAE Authority as per the federal and regional decree laws.
After the Commercial Companies Law (CCL) was amended to allow expatriates to possess 100% of the company as of 1 June 2021, mainland Abu Dhabi companies can now conduct business throughout the UAE. In the past, an ex-pat held only 49% of a company's ownership, with a local sponsor holding the remaining 51%. Start a Mainland Business Setup in Abu Dhabi with our assistance.
A Free Zone company formation in this country provides single-window administration, meaning a businessman can submit all necessary information and details to a single agency.
The Abu Dhabi, Free Zone Authority, is the ideal entry point for quick company formation in the Emirate. Licenses are issued by the free zones for commercial trading, business consulting, and business subsidiaries of foreign corporations.
The Steps to Follow for a New Business Setup in Abu Dhabi
The journey for your New Business Setup in Abu Dhabi is mentioned below. Let's go through each step carefully.
It is important to understand the type of activity to be conducted by the business. Acknowledging all of the demands on the business, both legally and economically, will be made it easier by this.
Rules and regulations are different for different ownership types and commercial establishments. The management must first determine which business structure will be best for the company before it can open for business.
For a business, registering a trading name is crucial because, once registered, the name is unique and cannot be used by any other company in the jurisdiction. In addition to assisting clients with business setup, we also assist them in selecting a trading name from the Abu Dhabi DED's list of registered trade names.
After submitting the essential documents and paying the Business Setup Cost in Abu Dhabi, you can get your license. The following are the different license types available in the Emirate depending on your selected jurisdiction: Tourism, Occupational, Commercial, Industrial, Professional, etc.
Before beginning the process of establishing a business, a foreign businessman must receive approval from the Abu Dhabi GDRFA (General Directorate of Residency and Foreigners Affairs). We assist our clients in paying the correct fee to have a business license issued, as well as in obtaining all required approvals from the relevant authorities, including the Abu Dhabi DED.
Many enterprises require special approvals or permits, which can be obtained after contacting the necessary authorities. Upon submission of all documents and completing the necessary due diligence, the license may be collected from the respective authority.
There may arise a requirement to obtain special approval from some other government bodies.
The Primary Documents Required for Starting a Business in Abu Dhabi
Why Choose Gryffin Capitalist?
With UAE company registration, incorporation, and legal consulting services, Gryffin Capitalist aids business owners and organizations in the establishment of their entities. In compliance with UAE law, our professionals handle the necessary banking, visa, legal, and licensing processes.
We walk you through the process of forming a business while keeping your company's goals at the center of our ecosystem. We can assist you with strategic consultancy, legal and documentation requirements, and talks with regional players if you are considering conducting business in Abu Dhabi.
We have liaisons who assist us in managing the full company formation process efficiently and on schedule and therefore emerging as one of the best Business Setup Consultants in Abu Dhabi. Connect with us if you need help setting up a business in the Emirate; our experts will be happy to listen to your needs and do their best to meet them.
Strong belief in long-term client relationships
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Efficient and Transparent Process
What our clients say
Very Prompt Service
"Gryffin Capitalist has assisted us with the opening of an offshore bank account without much hassles. I have faced issues with other companies regarding the required documents and process"
Seamless company Incorporation process
"I contacted Gryffin Capitalist to incorporate my company in the British Virgin Islands. The consultants were proactive in explaining the process and getting necessary documents in a single go thereby avoiding any resubmission and saving a lot of time."
Great Service by the team
"The team at Gryffin capitalist was very helpful in my company incorporation in the UAE. After the sales, the operations team was proactive and followed up regularly to get the company registered."