Company Formation in KIZAD – Khalifa Industrial Zone Abu Dhabi

Company Formation in KIZAD – Khalifa Industrial Zone Abu Dhabi
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KIZAD is an integral part of the Abu Dhabi Economic Vision 2030. With industry at the heart of its diversification program, this Vision sets a clear roadmap to achieve sustainable growth of the Emirate’s economy and the prosperity of its people. With its massive prime industrial land and world-class infrastructure KIZAD is a clear testament of the Government of Abu Dhabi’s seriousness to create a wealth of opportunities on a global scale for all of us. KIZAD offers local and international investors easy access to local, regional and international markets within a low operating cost environment and a meticulously designed setting to make doing business easy. KIZAD is set to transform the way industrial zones help businesses become and sustain success.

KIZAD’s strategic location linking East with the West coupled with its multi-modal transportation infrastructure by sea, air, road and rail gives your business clear advantages by having easy and efficient access to over 4.5 billion consumers within four time zones. An offer that only few can make. With vertically integrated clusters, competitive lease prices and some of the lowest utility costs in the world all under a tax-free umbrella, KIZAD is offering your business unparalleled, long term and competitive commercial advantages.

To support our investors we have our very own “One Stop Shop” or OSS business services concept. The objective is to deliver unprecedented value and convenience by facilitating relationships with government and licensing authorities including utility companies. Through the OSS we are on a continuous mission to ensure you receive faster turnaround times on applications and approvals. An array of supporting services and facilities are also on offer providing exceptional levels of efficiency, profitability and ease of doing business in a modern and stable emirate with a favorable fiscal regime and an attractive lifestyle. KIZAD presents investors and businesses around the world a unique opportunity to benefit from and participate in the prosperity created by Abu Dhabi’s Economic Vision 2030. Be a part of this vision and be a partner in our Emirate’s industrial boom.

Key Benefits of Company Formation in KIZAD:

  • 100% foreign ownership,
  • 100% repatriation of capital,
  • 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
  • No currency restrictions,
  • Outstanding logistics network incorporating air, sea, road and eventually rail route
  • Strong IP protection framework
Characteristics of KIZAD Company Setup:

Location:

KIZAD, Abu Dhabi, (U.A.E.)

Proposed activity:

Manufacturing /Trading/General Trading/Logistics & Service activities can be carried out in KIZAD.

License available:

Industrial, General Trading, Trading, Service license are available options for KIZAD Company Setup

Type of entities:

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

Shareholder:

Shareholder for KIZAD 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 FZ – LLC Company Setup 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 KIZAD (licensing authority)

Estimated time:

4 to 6 weeks to trade license of the company and register a company in KIZAD.

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

KIZAD Company Setup Process:

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

Documents Required for KIZAD Company Registration:

The documents required for business set up in KIZAD 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,
  • CV/Resume,
  • NOC from existing sponsor,

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

Company Formation Cost in KIZAD:

KIZAD Company Setup begins from AED 14,100/-

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 KIZAD.

Other Notes for KIZAD 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 year
  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 KIZAD. Our company acts as a one stop solution for KIZAD company incorporation services.

If you are looking for KIZAD 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 KIZAD.

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
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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.
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Copyright © 2020 Global Business Services.

Copyright © 2020 Global Business Services.

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