Company Formation in Abu Dhabi | Business Setup Services

 

Abu Dhabi is the largest city in the Middle East. There is constant competition between the above cities; therefore, there are immense possibilities for a business establishment. A lot of businesspeople prefer to go for a business setup in Abu Dhabi. This is because of the tax benefits a business can protect. Several overseas investors will go through registering a company in Abu Dhabi because of the variety of advantages related to structuring and investment. If you are also interested then you need to consult with the Start Any Business UAE consultants who will surely assist you and guide you throughout the process of establishment.

 

When a company Established in Abu Dhabi, this can’t be 100% overseas owned. There is a need to hire an Abu Dhabi citizen to own 51% ownership of the business. The citizen can be a UAE citizen also that lives in the UAE. there are various kinds of free zones in the nation that permits investors to consider various forms of options.

 

The Process of Company Formation in Abu Dhabi 

 

To start the process of company setupin Abu Dhabi you need to comply with some simple steps that are given below:

 

·         Determine the Type of Economic Activities 

This behaves you to get a clear understanding of your intended activity of business prior to starting the processes, as legal proceedings and charges, may differ based on your business character.

 

·         Find a Local Sponsor 

According to the jurisdiction of the UAE, overseas companies require a local sponsor to start a branch office in Abu Dhabi. A UAE local sponsor would provide facilities of required licenses for the branch office without keeping any liability to capital contributions or losses.

 

·         Determine the Business legal Forms 

Rules and regulations are various ownership kinds and business setup. You require to choose a legal unit type to operate your business in Abu Dhabi

 

·         Register Your Trade Name 

A trade name differentiates a company and describes its legal framework and nature. Our professionals assist our clients in not only establishing a business but also in register a business name from the specified list of business names given by the Department of Economic Development.

 

·         Get the Initial Approval 

You will have to get approval from the General Directorate of Residency and Foreigners Affairs – Abu Dhabi is essential for international business people prior to making the initial approval. The certificate of initial approval is expected to be constant with the business license formalities that allow overseas citizens to practice their desired business activity in Abu Dhabi.

 

 

Benefits of Company Formation in Abu Dhabi 

 

·         Different Kinds of Business Frameworks 

There are various kinds of business frameworks that can be used in Abu Dhabi for the process of company formation. Therefore, overseas have various choices to select from for the procedure of company formation in Abu Dhabi.

 

·         Free zones 

There are over eight free zones in Abu Dhabi for running a business. Therefore, an investor can select one of its free zones for operating a business or company in Abu Dhabi. A single free zone company can also be set up in Abu Dhabi.

 

·         Unified Legal System 

The legal system in Abu Dhabi has altered because of constant government intervention. Besides, there are also other things that support the growth of the legal system. It will be the growth of American and UK law firms that running business in Abu Dhabi. The Abu Dhabi government has responded positively to such businesses and altered the law to make a unified system.

 

 

Eligibility Criteria for Company Formation in Abu Dhabi

You going for the procedure of setting up a company in Abu Dhabi has to complete the following eligibility criteria –

 

·         Registered related to Beneficial Ownership 

When an overseas unit is established in Abu Dhabi then the need for profitable ownership should be sufficed. Typically, the overseas unit will enter into a stakeholders’ contract to suitable for their needs. The stakeholders’ contract will say the needs of the profitable ownership.

 

·         Suitable Agency 

To establish a company in Abu Dhabi you will need to locate a suitable agency to carry the formalities for the company establishment in Abu Dhabi. You need to hire a business setup agency that will provide you the best business setup services in Abu Dhabi during your process.