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Business Setup in Abu Dhabi ICAD Free Zone

Business Formation in Industrial City of Abu Dhabi (ICAD)

Industrial City of Abu Dhabi or also known as ICAD is situated just at the outskirts of Abu Dhabi. It has an area of 40 square kilometres.

ICAD was constructed and operated with the highest level of technological standards. The ICAD is located on the outskirts of Abu Dhabi, covering an area of 40 sq. km with a different variety of business clusters to explore.

The business opportunity in Abu Dhabi Industrial City (ADIC) is higher for industrial and manufacturing-oriented companies. Every business sector in the ADIC has top-notch infrastructure, great transport connectivity, and excellent communication facility.

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  • Following industries you can setup in ICAD

    We covers all the following industries, even if your industry not in list you can consult with us we can help you setup.

  • Benefits of Business Setup in ICAD

    Undoubtedly, the UAE is one of the most sought-after location because it is one of the major business hubs the world. This is why many invest and form a company in the country.

    There are many free zone benefits that support this as well like the ones that ICAD offer to its clients that are highlighted below.

    On-point Location: ICAD is located at the outskirts of Abu Dhabi. It is between two emirates that have major markets in the UAE—Dubai and Abu Dhabi.

    Excellent Infrastructure: This free zone is also composed of infrastructure and facilities that are concentrated on the industries that they support. This means that they can meet the needs and requirements of their clients and the companies that reside there.

    Excellent Business Environment: ICAD has flexible policies with business setup formalities that are easy to work with. It also has a thriving technological environment supporting different companies and contributing to their growth.

    The rest of the benefits that businessmen can enjoy in ICAD are as follows:

    • Administrative Efficiencies
    • Benefits from utility connections
    • The most advanced means of communication networks
    • Convenient transport links to Europe, Asia, and the Middle East & North Africa (MENA) region
    • Exemption from all types of taxes
    • Zero customs duty on all imported and exported goods
    • Easy access to licensing, business permits and employment visas
    • Freedom of foreign ownership
    • Total repatriation of profits and capital
  • Business Setup Requirements & Procedure

    Requirements for Business Registration in Abu Dhabi ICAD Some of the documents required for ICAD business setup:

    • Proof of trade name reservation
    • Initial Approval from ICAD Authority
    • Passports of all shareholders (copies)
    • Passport and CV copies of the appointed manager
    • Business facility lease agreement
    • Information sheet of the general manager and all shareholders
    • POA (notarized and attested) – appointment of legal representative

    For a Limited Liability Company and/or representative office in ICAD, more documents are required, which are as follows:

    • Legal corporate documents (attested and notarized)
    • Certificate of business registration (for representative office)
    • Board resolution indicating intention to setup business in ICAD

    Additional Documents Required for a Corporate Shareholder

    • Attested and notarized Memorandum of Association/Article of Association—it must be attested from the UAE Embassy at the place of origin
    • Board resolution must be resolute by the board of directors of your existing company/entity at the place of origin expressing the intent of establishing a new setup abroad. It must be attested and notarized by the UAE Embassy (template will be forwarded by our firm).
    • Certificate of registration (if applicable) of your existing company/entity, license, or certificate of incorporation must be attested and notarized by the UAE Embassy

    The procedure of processing your business setup in Abu Dhabi ICAD Free Zone will range from 2 to 4 weeks.

  • Support Services Offered in ICAD

    FAR Consulting Middle East is one of the leading consulting companies in Abu Dhabi that deals with company formation Abu Dhabi and other things that a firm may need. We assist people who have questions about how to start a business in Abu Dhabi and anything that they are keen to know.

    As your business setup consultants in Abu Dhabi, Our solutions for ICAD business setup include the following:

    • Company registration application
    • Opening of account – Ministry of Labor
    • Account opening from Ministry of Interior
    • Assistance in establishing a business address
    • Compilation and submission of documents necessary for ICAD company formation

    Our business setup service help clients enjoy all the benefits of company formation in ICAD. Call us today to commence business operations.

  • Business Setup Cost in ICAD

    Below is a table that consists the cost of conducting a business setup in ICAD. You can contact us for further information or clarification.

    BUSINESS SETUP Amount (AED)
    Initial Approval 13000 Annually
    New License
    New Lease
    Registration
    Establishment Card
    E-channel Charges 2100 One off
    Entry Permit 751.5 One off
    Residence Visa 2249 Every 3 years
    Security Deposit 1000 Refundable
    E Channel Deposit 5025.25 Refundable

    ATTENTION – NOTE

    All fees for government and related authorities are an estimation only. The exact government fees will be determined at the time of submission of the applications. We are obligated to provide our clients with all receipts of government and related agencies against the amount that will be paid. Every amount that will expense for your business registration will be supported by documents. In case of shortage, the client has to repay us. In case of excess, we have to refund the client.

    Our professional fee covers consultation, drafting of legal documents, introducing reliable local citizen service-agent when required, assisting in document notarization from the local notary public, assisting in local bank account opening, and applying to the concerned authorities on your behalf.