Abu Dhabi has been ranked as one of the top two cities in the Middle East for quality of life (Mercer Quality of Living City Rankings, 2009), with the vibrant global capital bursting with dazzling business and leisure facilities that include a state-of-the-art convention centre, luxurious hotels, spas, designer golf-courses, theatres and, very soon, some of the world's most famous museums.
Masdar city a place where businesses can thrive and innovation can flourish, Masdar city is a modern Arabian city that, like its forerunners, is in tune with its surroundings. As such, it is model for sustainable urban development regionally and globally, seeking to be a commercially viable development that delivers the highest quality living and working environment with the lowest possible ecological footprint.
View of the façade at Masdar Institute, Masdar city is a community where cutting-edge clean tech research and development, pilot projects, technology testing, and construction on some of the world's most sustainable buildings are all ongoing. As such, Masdar city offers a fertile environment that inspires creativity and growth to organisations operating in this strategic and dynamic sector.
Masdar city offers six main areas of activities:
Research and Development, Light Industry, Finance, Retail, Business and Education
More specifically, partner companies and organisations looking to set up in Masdar city should operate within one of the following fields:
Energy generation, Energy storage, Energy transmission and distribution, Energy-efficiency equipments, Air and environment, Water and waste water, Recycling and solid waste, Transportation, Green building, Organic products, Non-Profit organization, System applications, Network and infrastructure, IT services
The Masdar city special economic zone has been developed to provide a supportive environment for organisations operating in six activity areas within the renewable energy and sustainable technology field.
|Location:||Masdar City, Abu Dhabi, (U.A.E.)|
|Permitted activity:||Renewable Energy, Clean Tech and ICT, Marketing and Events, HRD,General activities related to service sector, Energy Industry Goods and Services, Automation, Healthcare, Carbon Management, Property and Community Services related sector and others|
|Types of entities:||Free Zone Limited Liability Company (FZ-LLC), Branch, Subsidiary & JV|
|Shareholder:||Can be individuals or corporate entity|
|Estimated time:||Minimum of 6 - 7 working weeks to obtain final trade license|
|Renewal:||License of the company has to be renewed on annual basis. Penalty would be charged by the authority if license is renewed after expiry date.|
GBS provides you consultancy and helps you with company incorporation services at MASDAR City Free Zone.
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.