A Brief Guidelines for Abu Dhabi Mainland Licenses
Starting a business in Abu Dhabi, one of the most advanced Emirates in the UAE, can be a lucrative decision for entrepreneurs and investors from around the world. Abu Dhabi offers a favorable business environment, excellent infrastructure, and numerous advantages for mainland company formation. In this article, we will provide a brief guideline to help you understand the process of obtaining a mainland license in Abu Dhabi.
starting a mainland company in Abu Dhabi can provide you with numerous advantages, including cost-efficiency, streamlined processes, longer license validity, favorable renewal terms, and tax benefits. By following the guidelines mentioned above and seeking professional assistance, you can navigate the process of obtaining a mainland license in Abu Dhabi successfully.
Mainland Company Formation Process
To register your company in Abu Dhabi and obtain the appropriate license, you need to follow several essential steps. These include:
Local Sponsorship
Department of Economic Development (DED) Registration
Business Address Verification
Required Approvals
Memorandum of Association (MOA)
Office Space
Additional Steps
Advantages of Mainland Company Formation in Abu Dhabi
Choosing Abu Dhabi for your mainland company formation offers several advantages over other emirates in the UAE. Some of the key benefits include:
- Cost-efficiency: The overall cost of licensing and setting up a company in Abu Dhabi is comparatively lower than in other emirates such as Dubai and Sharjah.
- Simplified Process: The registration process in Abu Dhabi is streamlined, making it easier, quicker, and more efficient.
- Longer License Validity: Abu Dhabi provides commercial licenses with a validity of two years, reducing the stress of frequent renewals.
- Favorable Renewal Terms: Abu Dhabi offers special deals on annual billings, further easing the renewal process for businesses.
- Tax Benefits: Limited liability companies (LLCs) in Abu Dhabi enjoy minimal taxation, creating a favorable tax environment for businesses.
Mainland Business Setup Costs
The cost of setting up a mainland company in Abu Dhabi varies depending on several factors, including company structure, visa requirements, the number of activities performed, and more. Here are some of the fees you may incur:
- One-time legal fees
- Annual sponsor fees
- One-time incorporation fees for inspections
- One-time approval fees
- One-time fees for certified translations and document submission
- Visa issuance costs
- Company registration with immigration
- Company registration with the labor ministry
- Notary fees
- License fees
It is advisable to consult with business setup experts to determine the actual cost based on your specific requirements.
Need Assistance?
PW offers comprehensive services covering essential requirements such as visa processing, document drafting, government liaising, bank account opening, and more. Their team of business setup consultants, PRO service executives, and compliance advisers ensures a hassle-free company incorporation process in Abu Dhabi.