Company Formation in ADAFZ – Abu Dhabi Airport Free Zone

Company Formation in ADAFZ - Abu Dhabi Airport Free Zone
http://www.gbsei.com/wp-content/uploads/2020/06/Abu-Dhabi-Airport-Free-Zone-logo.jpg

Abu Dhabi is the capital and the second largest city of the United Arab Emirates in terms of population and the largest among the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western coast. Abu Dhabi houses offices of the federal government, and is the seat for the United Arab Emirates Government. Its rapid development and urbanization, coupled with the relatively high average income of its population, has transformed Abu Dhabi to a larger and advanced metropolis. Today the city is the country’s center of political, industrial activities, and a major cultural, and commercial centre due to its position as the capital. Abu Dhabi is home to important financial institutions such as the Abu Dhabi Securities Exchange, the Central Bank of the United Arab Emirates and the corporate headquarters of many companies and numerous multinational corporations. One of the world’s largest producers of oil, Abu Dhabi has actively attempted to diversify its economy in recent years through investments in financial services and tourism.

ADAFZ business center is a sought after business address centrally located within the boundaries of Abu Dhabi international airport comprising of hotel, retail, amenities etc, within the destination.

The ADAFZ business centre offers fully furnished, serviced and spacious business units ideal to operate businesses out of ADAFZ’s easy to do business environment. The facility is designed to enhance the flexibility to accommodate individual and corporate clients.

Key Benefits of Company Formation in Abu Dhabi Airport Free Zone (ADAFZ):

  • 100% foreign ownership,
  • 100% repatriation of capital,
  • 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
  • No currency restrictions,
  • Pre- built advanced infrastructure,
  • Strategic location
  • Independent regulations
Characteristics of ADAFZ Company Setup:

Location:

Abu Dhabi Airport Free Zone, Abu Dhabi (U.A.E.)

Proposed activity:

Manufacturing/Trading/Service/Aviation activities can be carried out in ADAFZ.

License available:

Trading/Aviation, Service and Industrial license are available options for ADAFZ Company Setup

Type of entities:

FZC – LLC (single or multi shareholders with limited liability) and Branch

Shareholder:

Shareholder for ADAFZ Company Can be Individuals or Corporate entity

Director:

Individuals only (Minimum one. Shareholder can also be Director)

Share capital:

AED 150,000/- (150 share of AED 1,000/- each) for FZC – LLC Company Setup & AED 1,000,000/- for Aerospace, Airport Service Aviation & Manufacturing activities and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.

Audit:

Annual audit report not to be filed in ADAFZ (licensing authority)

Estimated time:

3 to 4 weeks to obtain trade license of the company and register a company in ADAFZ.

Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

ADAFZ Company Setup Process:

  • Identify the legal form of company to be registered in Abu Dhabi Airport FreeZone,
  • Select activity from ADAFZ activity list,
  • Apply for name and initial approval,
  • Payment of fees related to ADAFZ business set up,
  • Sign ADAFZ company registration and incorporation documents,
  • Apply for ADAFZ residence visa.

Documents Required for ADAFZ Company Registration:

The documents required for business set up in ADAFZ depends on whether a shareholder is individual or corporate entity. Basic requirements are

  • Color passport copy,
  • Color UAE residence visa & emirates id copy,
  • Utility bill copy,
  • Business Plan,
  • CV/Resume,
  • NOC from existing sponsor,

To know more about the complete requirements for company formation in ADAFZ call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com

Company Formation Cost in ADAFZ- Abu Dhabi Airport Free Zone:

ADAFZ Company Setup begins from AED 45,605/-

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in ADAFZ.

Other Notes for ADAFZ/Abu Dhabi Airport Free zone Company Formation:

  1. Document to be legalized with UAE Embassy in case of corporate shareholder
  2. Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
  3. Company Immigration/Establishment card to be renewed every three years
  4. Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-

Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in ADAFZ. Our company acts as a one stop solution for ADAFZ company incorporation services.

If you are looking for ADAFZ company setup, please get in touch with us for professional assistance

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in ADAFZ.

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.

GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

QUICK LINKSOur Services
GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.

Copyright © 2020 Global Business Services.

Copyright © 2020 Global Business Services.

Contact Us
close slider