Business Setup in Abu Dhabi KIZAD Free Zone
Business Formation in Khalifa Industrial Zone Abu Dhabi (KIZAD)
KIZAD is under the Ministerial Resolution No. 88 of 2006. In this resolution, the Abu Dhabi Ports Operating Company, where KIZAD is a part of, is given the right to own Abu Dhabi’s ports and build industrial and free zone areas.
It is located between Abu Dhabi and Dubai—two Emirates that are considered to have major markets in the UAE. It is also near to three international airports (Abu Dhabi International Airport, Al Maktoum International Airport and Dubai International Airport), making it easily accessed by businessmen and clients.
There are many advantages that can be enjoyed by businessmen and investors alike when they choose KIZAD, such as its easy access to markets, its low-cost operations, best-quality infrastructure, and strategic location.
Legal Entities Allowed in KIZAD
Companies can be registered in KIZAD through these four legal entity types:
- Branch Office of a Local Company—this is for applicants with an existing company in the UAE
- Branch Office of a Foreign Company—this is for the applicants whose existing company is outside the UAE
Business Setup Consultants in KIZAD
Business setup in UAE becomes rampant like in KIZAD because it provides opportunities to businessmen. However, there are certain processes that are required for one to conduct a business setup in KIZAD. Anyone who is not familiar with the procedures needs assistance.
Business setup consultants in KIZAD are available in any part of the country to ensure that businessmen who want to establish their company in UAE will do so successfully.
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Following industries you can setup in KIZAD
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 KIZAD
Being one of the business hubs in the world gives businessmen from around the world the reason to invest in the UAE. Aside from the fact, there are many benefits in conducting business setup in UAE, specifically in KIZAD. The following below will highlight these benefits.
One-Stop-Shop Services: Nobody wants to wait that long to start their business that they have planned for so long. This is why KIZAD speeds up the process of business setup in their location. People can expect streamlined procedures for them to expect a faster release of their license.
This is because all the necessary information and any services for establishing a company in KIZAD are located in one location with one single point of contact who is knowledgeable about business setup and can easily help people.
Simplified Procedures: KIZAD ensures that everything is fast and easy for businessmen. They have services that will assist businessmen from the plot allocation, land leasing application, and others. With this, it will be smoother for people to conduct business setup in KIZAD because of all the help they will receive.
World-class Infrastructure: KIZAD has top-of-the-line infrastructure and facilities that meet and provide the requirements and needs of companies that are residing there and those that are on their way to be established in KIZAD.
Other benefits that are found in KIZAD are as follows:
- Full foreign ownership
- 100% exemption from corporate and personal tax
- Import and export tax exemption
- Provision of full repatriation of capital and profits
- Joint venture companies
- Imported raw materials
- Imported machinery and equipment for manufacturing
- Goods manufactured in the UAE, then exported to most GCC countries
Business Setup Requirements & Procedure
Basic requirements for KIZAD business setup:
- Proof of the reservation of business trade name
- Initial Approval from KIZAD Authority
- Passports of all stakeholders (copies)
- CV copy and passport copy of general manager
- Agreement for the lease/rental of business facility
- General manager and each shareholder’s personal information sheet
- Attested and notarized POA – for company legal representative appointment
For a KIZAD Limited Liability Company or representative office, addt’l documents may be required including:
- Legal corporate documents – all must be attested and notarized
- Company registration certificate (for representative office)
- Board resolution for business setup in KIZAD
The procedure of processing your business setup in Abu Dhabi KIZAD Free Zone will range from 2 to 4 weeks.
Support Services Offered in KIZAD
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 KIZAD business setup includes:
- Application to register company
- Opening of account for the business from Ministry of Labor
- Ministry of Interior account opening
- Establishing the address of the company
- Processing of legal documents for company formation in KIZAD
FAR Consulting Middle East has seasoned experts that can help you establish your operations in KIZAD the quickest time possible. Call us to discuss with our experts.
Business Setup Cost in KIZAD
KIZAD offers various advantages including infrastructure, location, and reasonable costs for various business activities mainly in the Industrial area. Business consultants at Farahat & Co specialize in setting up a business in Abu Dhabi. The fee table below explains company setup fees in KIZAD. Contact us for a further information on business setup in Abu Dhabi Free Zones.
Cost for Business setup in Abu Dbabi Industrial City
Business Registration and Licensing Cost Fees Initial approval AED 500.00 Knowledge Fee & Innovation Fee AED 20.00 Cost by Trade Licence Type (Select one of the following) Trading License Fee (Starting from) AED 12,000.00 Service License Fee (Starting from) AED 12,000.00 General Trading License Fee AED 18,000.00 Setting up a branch office AED 12,000.00 Setting up a Branch of a Foreign Company (Select one of the following) Trading License (Starting from) AED 12,000.00 Service License (Starting from) AED 12,000.00 Additional Fees for Business Registration (Starting from) AED 2,100.00 Visa Processing Cost Entry Permit AED 736.05 Medical Test AED 250.00 Emirates ID application AED 370.00 Employment/Residence Visa (Select one of the following) Investor/ Partner/ Employment / Residence Visa – In Country AED 3,722.50 Employment / Residence Visa – Out of the Country AED 2,336.00 Dual License Trade name reservation AED 736.05 New license issuance (depends to activities fees) AED 900.00 to AED 3,000.00