Government and Professional Fees

Business setup in JAFZA

Business setup in RAK

Business setup in DAFZA







Island Palm Jumeirah

Island Palm Jumeirah

Aerial view of construction site in Island Palm Jumeirah







DIFC

DIFC

Dubai International Financial Center

Abu Dhabi ZonesCorp (ICAD) - Frequently Asked Questions


  1. What is ZonesCorp?
    ZonesCorp is the Government’s backed agency responsible for the establishment, management and operation of zones of special economic nature in Abu Dhabi.
  2. What are the types of license provided by ZonesCorp?
    Only industrial license
  3. What are the types of companies provided by ZonesCorp?
    a. General Partnership Company
    b. Simple Limited Partnership Company
    c. Partnership Limited with Shares
    d. Limited Liability Company
    e. Private Joint Stock Company
    f. Public Joint Stock Company
    g. Branch
    h. Local Establishment
    i. Joint Participation (venture) Company
  4. Does ZonesCorp finance projects?
    No, ZonesCorp doesn't provide financing services to the projects.
  5. Can I have license from ZonesCorp, but operate in any other Emirates?
    The License issued from ZonesCorp is valid for operation only inside Abu Dhabi (ICAD) and Al Ain Industrial City (AAIC). It cannot be used to set up a business outside ICAD or AAIC.
  6. Do I need a local partner to invest in ZonesCorp?
    Yes as per DOF law the percentage is 51% for the UAE partner and & 49% for the foreign partner. For GCC nationals, the percentage is 100%.
  7. Is it possible to change the activities covered in the license?
    Yes, but after obtaining the approval for such application and after having paid the required fees for such a change.
  8. Can I obtain more than one license?
    Yes, you can.
  9. Can I be a partner in more than one company using ZonesCorp license?
    There are no restrictions on the number of businesses investors could be involved in.
  10. Could I transfer my money outside UAE?
    Yes, there is no any restriction in this regard
  11. What is the minimum capital required for me to establish a factory inside the specialized Zones?
    The minimum required capital is AED 250,000.
  12. Is there is any income tax applied on companies or individual?
    No, there is no corporate or income tax applied to companies or to individuals
  13. Do I need to lease a land to obtain my ZonesCorp license?
    Yes, either inside or outside ZonesCorp.
  14. Is there any restriction on transport between the different Emirates of the UAE?
    No, no there are no restrictions on transportation inside UAE.
  15. What is the validity period for my residence visa?
    Three years (renewable).
  16. Can I import and export goods?
    Yes, as per the license granted to you.
  17. Where from can I get employees and workers?
    You may hire staff from any country you like. Skilled laborers are also available in UAE.
  18. Can my staff live inside my factory premises?
    No, they shall be accommodated in residential complexes inside or outside the Industrial City.
  19. Is it possible for my family to stay with me in the U.A.E.?
    Yes, but you have to follow the official immigration procedures.
  20. Will my family members be allowed to work?
    Yes, after obtaining residence visas.
  21. What are the communication services available in the City?
    International and local telephone line services, fax, and e-mail and Internet services.
Temporary registration fee AED 1000 for all type of companies and licensing fee for the activity varies depends upon the activity.


For more info, please contact us:
  Toll Free: 800 FARAHAT
Tel: +971 4 266 2801
Fax: +971 4 269 3625
Mob: +971 50 646 6748
Email: info@farahatco.com

(Publication of ZonesCorp)