Formation of companies on the Abu Dhabi mainland

The UAE is an ideal location for entrepreneurs across the globe who are looking to start their businesses in a growing economy. Abu Dhabi is the capital of the UAE and is one of the fastest-growing and richest markets around the world. The Emirate is among the world’s largest oil producers, but it also has a significant amount of money from real estate, retail, industrial development, and tourism. The location is fantastic, and the expanding and diverse economy is what makes business establishments at Abu Dhabi Mainland a great option. The process is fast and easy, and it takes some days to establish. With the assistance of the specialists from Effective Desk, you’re guaranteed to enjoy a smooth business setup at the renowned place within a matter of days.

Is it possible to form a company in Abu Dhabi Mainland?

If you decide to go with the Mainland business setup in Abu Dhabi, you’ll have many possibilities to select from. But, one requirement throughout the board is having a local sponsor. It is a UAE Companies Law that stipulates that a UAE citizen holds 51% of the shares in a company owned by an outsider.

There are many other rules and regulations to be followed prior to establishing the Mainland business. Here are the six essential steps for registering your business for Abu Dhabi Mainland:

In determining the economic activity

To obtain an official business license, you’ll be required to identify the activities of your company. Certain business types may require distinct requirements, such as the area and size of your business.

Identifying the legal structure of business

The next step is to decide on the type of legal structure your company will use. It includes determining which shareholders and partners you’ll need. There are nine distinct types of legal documents to select for a Mainland company.

Trade name registration

Now is the time to pick the name of your business and have it registered. It is necessary to fill out the application and provide the documents needed based on the kind of business you want to conduct.

Initiating the initial approval

At this stage, you’ll need to request the initial certificate of approval. It allows you to move on to applying for an official business license. Additionally, you’ll need to get an endorsement from the General Directorate of Residency and Foreign Affairs and the Commercial Directorate of Residency and Foreign Affairs.

Inquiring approvals from the relevant authorities

The next step is to seek approval through The Department of Economic Development and other government agencies that are necessary for your business.

Issuing a business licence

When you receive approval from the end and have paid the fees required, you’ll be granted the business licence once you’ve received your request and are able to begin your company.

What licenses are available in Abu Dhabi Mainland?

If you intend to run an operation operating in Abu Dhabi Mainland, then you’ll require an official business license. All businesses are required to use it legally within the UAE. There are five types of claims in Abu Dhabi; there are five kinds of licenses you could apply to:

Commercial License

Any company with general business operations will require commercial licensing. It includes companies such as public trading clinics, hospitals, companies construction companies as well as real estate contractors.

Occupational License

A license for occupational work is granted to firms that employ employees who utilize their knowledge, skills, talents, and capabilities to help their clients. This license is used by accounting firms, law firms, audit companies, research companies, and much more.

Professional License

If your business is founded on a specific art, then you’ll require a professional license. It applies to carpentry, smithery and steelwork, and various other crafts-related industries. With this permit, you are able to work on your own or with at least five other people.

Industrial License

This license is granted to businesses that intend to build a factory or fabricate products in Abu Dhabi.

Tourism License

This license is granted to businesses that provide tourism-related services, such as travel agencies, hotels and so on. Abu Dhabi Tourism and Cultural Authority grants this license. Abu Dhabi Tourism and Cultural Authority issues this license.

Why Should You Form Your Company in Abu Dhabi Mainland?

  • The cost of commercial and office spaces.
  • Investors can be an associate in the company
  • Commercial licenses are in effect for two years
  • It is very easy to create a global corporate bank account
  • Competitive freight charges
  • It is easy to apply for a local visa

There are business forms available for Abu Dhabi mainland companies

The most important thing to consider when forming a business within Abu Dhabi Mainland is to select a legal structure. There are nine kinds of legal entities you could choose to incorporate your business:

  • Sole Proprietorship: When using this type of company, an investor acts as the sole proprietor. Lawyers, doctors, and engineers frequently make use of this type of registration. While there is only one shareholder, there will be a local sponsor who holds 51% of the shares.
  • Limited Liability Company (LLC): This is the most well-known kind of business structure that is available in Abu Dhabi. This type of business is formed with a minimum of two and up to 50 shareholders. The liability of shareholders is limited to shares owned by the company.
  • Partnership: If you’re a foreign investor who wants to conduct work in the UAE but is not permitted to operate this type of business. A partnership is a type of business which is only available to UAE citizens.
  • Public Shareholding Company: This type of business structure is most commonly used for larger-scale operations. It is a Public Shareholding Company, also known as the Joint Stock Company, and can be a minimum of ten founders. A UAE citizen must hold 51 per cent of the shares in the company.
  • Joint Ventures: It is a contract between a foreign and a regional entity that is authorized to conduct the same business.
  • Branch of a Local (UAE) Business: This is a UAE-licensed company that can sell or distribute goods within the country.
  • Branch of a Foreign Company: The Branch of a Foreign Company branches of an international corporation that can bill customers within the UAE. It means that they can create local sales contracts and collect revenue from their customers.
  • Free Zone Corporation: Free Zone businesses are created due to the numerous advantages. In a Free Zone, a company can enjoy the ability to repatriate capital and earnings, 100 per cent foreign ownership, zero limitations on currency, and numerous other benefits.
  • Representative Office: This is a type of office that is entirely owned and operated by a non-UAE resident and isn’t permitted to conduct direct sales within the UAE. This kind of office is typically set up for market research.

Before registering your company in Abu Dhabi, here are some things to consider

Abu Dhabi has everything that an investor could want when considering the creation of their own business. The location is ideal, with international recognition and excellent tax advantages. MSZ Consultancy can help your business goals come true and help you make the process a simple and simple process. However, prior to getting your company established, there are a few factors to take into consideration:

  • Learn about the cost of business setup: Business setup costs will include various fees that are related to the cost of setting up a business within Abu Dhabi Mainland. There is a capital investment as well as a few other expenses, including operational costs such as business licenses, government certificate visas, registration of trade names, and incorporation fees, among others.
  • Learn the legalities procedures and paperwork: The Abu Dhabi Mainland government is extremely strict regarding legal requirements and documentation. If you do not comply, it could result in severe penalties for the business. That is why it’s wise to choose a firm such as Effective Desk Business Setup that is familiar with all legal requirements for the UAE.
  • Be aware of the licensing and incorporation process: to set up your company within Abu Dhabi Mainland, know the procedure for incorporation, research the market thoroughly, and be aware of the location, changes in the currency, trends and other elements that can affect your company. Also, you must ensure that you adhere to all the regulations and rules associated with the process of licensing. We can assist you in ensuring you’ve followed all the correct steps to ensure there aren’t any issues.
  • Be aware that you are within the boundaries of culture: Abu Dhabi Mainland has a modern appearance, but it has its unique cultural boundaries that need to be adhered to when beginning business. Thus, it is important to know the city’s cultural boundaries before you start your business.

Complete Business Setup using Effective Desk.

Effective Desk will be there to assist you throughout your business journey. We’ll guide you through the entire process of setting up your business within Abu Dhabi Mainland. We’ll start with the basics and then build your business while offering the information and tools needed to manage an enterprise effectively in the UAE. Don’t let obstacles stand in the way of your success. Contact Effective Desk Business Setup at +971 567021618 for a no-cost consultation. Let’s begin the process of establishing your company with us in Abu Dhabi Mainland!

Setting up your business in Abu Dhabi’s mainland is a strategic decision that promises significant rewards. With the support of Effective Desk Company Formation Services, you can navigate the process smoothly, capitalize on the benefits, and position your company for prosperity in the heart of the UAE.

Advantages of Abu Dhabi Business Setup

Here are some compelling advantages of choosing Abu Dhabi for your business setup compared to other emirates:

  1. Your Abu Dhabi commercial license is valid for one year, minimizing the hassle of frequent renewals and reducing annual costs.
  2. The cost of establishing a company in Abu Dhabi is notably more affordable than in most other emirates.
  3. Abu Dhabi levies fewer taxes on businesses, particularly for LLC formations.
  4. Company registration in Abu Dhabi is a straightforward, speedy, and efficient process with Effective Desk.

Connect with our business setup consultants to tailor a company formation solution to your needs in Abu Dhabi. To schedule a free consultation, reach out to us via phone or WhatsApp at +971 567021618 or email us at Experience a hassle-free business setup journey with Effective Desk.