Abu Dhabi Mainland Company Formation
Abu Dhabi has seen fast-paced growth as an economy in the past. This is possible due to the strong support from the government and the city’s development, which has made it an ideal location for business. Starting a business in Abu Dhabi is an excellent decision for business entities. A company set up in Abu Dhabi comes under the Abu Dhabi Department of Economic Development (ADDED) and offers many benefits.
Obtaining a business license in Abu Dhabi allows one to acquire complete ownership of the business and offers business setup at an affordable rate. Company registration in Abu Dhabi provides a trade license validity of two years, while other UAE trade licenses are valid for only one year. This ensures you can save both time and money. It is estimated that setting up an LLC (limited liability company) in Abu Dhabi will cost only AED 23,500 for a period of two years. You can also seek help from business setup consultants, who can help with the entire process.
Setting up a Business in Abu Dhabi
At first, you will have to decide who will own shares, where the business will be based, and what it will do.The procedures are different according to the structures. The entire procedure of setting up an LLC in Abu Dhabi is different from that of setting up a service-oriented small business.
Suppose you intend to start a new business, like a restaurant or a trading business, in Abu Dhabi and do not know the procedures involved. In that case, you can seek the help of business setup consultants. They address all your queries about company formation.
Advantages of setting a business in Abu Dhabi
- Unlike other Emirates, the commercial license in Abu Dhabi is valid for two years.
- Easy and quick company registration processes
- Less stress on renewals means saving on annual costs and payments.
- Least tax levied on LLC formation
- The cost of setting up a company in Abu Dhabi is much cheaper than in other Emirates.
