Masdar City Free Zone
Masdar City Free Zone : Masdar is a planned city constructed 6 kilometres away from Abu Dhabi International Airport which has been established in 2006, Masdar means “Source City”. Its core is being meticulously constructed by Abu Dhabi Future Energy Company, a subsidiary concern of Mubadala Development Company.
Moreover, the majority of the seed capital for this innovative initiative is generously provided by the Government of Abu Dhabi. Furthermore, Masdar, as an organization, is uniquely positioned as a commercially driven enterprise that tirelessly strives to push the boundaries of the renewable energy and sustainable technologies industry. This forward-looking approach, in addition to being pioneering and innovative, underscores its unwavering commitment to staying at the forefront of this rapidly evolving sector. In essence, Masdar’s dedication to advancement sets it apart as a leader in the field. Thus it gives the necessary scope to meet these challenges. It is one of the widely recognized exciting eco- developments.
It’s worth noting that Masdar City has rapidly emerged as a global hub for companies specializing in clean technologies and renewable energy. Furthermore, it serves as an attractive destination for those seeking to establish their operations in the Middle East. Masdar City, distinguished as an economic free zone, provides a streamlined and hassle-free company setup process, offering a wide array of benefits for prospective investors. In essence, it’s a prime choice for enterprises looking to thrive in this promising and dynamic sector. Also, can pilot, demonstrate, refine, develop and commercialize their technologies.
The Masdar City is made up of four interconnected business units, ie.
Masdar Power handles energy projects in Masdar City and other projects in Seychelles and the UK.
The Masdar Institute, a nonprofit educational institution, emphasizes alternative and clean energy sources.
Masdar Carbon focuses on clean development mechanism projects and carbon capture and store.
Masdar Venture Capital is an investment that supports the creation of clean energy and environment services.
Business Ease for the Investors at Masdar City Freezone
The State-of-the-art technology infrastructure, business facilities, and liberal investment regulations complement the business-friendly features of Masdar City. Following are the benefits from the Masdar City Free zone.
- Cent Percent Foreign Ownership
- Cent Percent Tax –Free
- Zero import tariffs
- Quick Business Registration Process
- Freedom of repatriation of capital and profits
- One among the world’s most beautiful, sustainable living and working business clusters
- Launching point into international, local, and regional markets
- Research & Development hub that partners with Masdar Institute
- Highly cost-effective licensing and office space
- Proximity to Abu Dhabi International Airport, Yas Island, Khalifa City and just 40 minutes from Dubai.
- Knowledge and Talent Pool
Legal Entities of Masdar City
Masdar City governs a quick and cost-effective company registration process under the Masdar City Companies Registration Regulations. The business registers within the Masdar Freezone under three legal entity types:
- Freezone limited liability Company (LLC)
- Branch of a Foreign/Offshore Company
- Branch of a UAE-based Company
Licensing Options in Masdar City
In Masdar City free zone, there are several arrays of business clusters and options like the following
- Renewable Energy
- Clean Tech and Information and Communications Technology (ICT)
- Marketing and Events
- Human Resource Development
- Energy Industry
- Healthcare Services
- Service Providers
- Property Development Services
- Regional Headquarters, Trading, and Holding Companies
- Business Centre and Data Centers
- Community Services (Retail, Food & Beverage outlets)
- Oil and Gas Services
