
Guide to LLC Company Formation in Abu Dhabi
LLC Company Formation in Abu Dhabi with 100% Ownership. Abu Dhabi, the capital of the UAE, is a prime location for businesses due to its strategic location, stable economy, and investor-friendly policies. Here’s a detailed guide to starting a company in Abu Dhabi:
Types of Business Licenses in Abu Dhabi
- Commercial License: For trading activities (import/export, retail, etc.).
- Industrial License: For manufacturing and industrial activities.
- Professional License: For service-based activities (consulting, IT, healthcare, etc.).
- Tourism License: For travel agencies, hotels, and other tourism-related businesses.
Key Benefits of LLC Company Formation in Abu Dhabi
- Strategic Location: Proximity to global markets in Europe, Asia, and Africa.
- Diverse Economy: Opportunities across oil, gas, real estate, tourism, technology, and more.
- Tax Benefits: No corporate or personal income tax, and the UAE’s corporate tax (9%) applies only above AED 375,000 in profit.
- Ease of Doing Business: Modern infrastructure and government initiatives simplify processes.
- Free Zone Advantages: 100% foreign ownership and tax exemptions in designated zones.
Steps to Set Up LLC Company Formation in Abu Dhabi
1. Determine the Business Activity
- Decide the nature of your business to identify the appropriate license and legal structure.
2. Choose the Legal Structure
- Common structures include:
- Limited Liability Company (LLC): Requires a local partner if outside a free zone.
- Sole Proprietorship: Full ownership for UAE nationals or GCC citizens.
- Branch Office: For foreign companies wanting a UAE presence.
3. Select the Location
- Mainland: Access to the local market but requires a UAE national as a local service agent or partner.
- Free Zones: Full ownership with tax benefits (e.g., Abu Dhabi Global Market, Khalifa Industrial Zone Abu Dhabi).
4. Register the Trade Name
- Choose a unique and relevant trade name. Ensure it adheres to UAE naming guidelines.
5. Obtain Initial Approval
- Apply to the Department of Economic Development (DED) for approval to proceed with the company setup.
6. Draft and Notarize Legal Documents
- For LLCs: Draft a Memorandum of Association (MoA) and notarize it.
- For Free Zone Companies: Submit Articles of Association and other required documents.
7. Secure Office Space
- Lease an office in the mainland or free zone. A tenancy agreement may be required.
8. Obtain Necessary Approvals
- Some businesses require additional approvals from regulatory authorities (e.g., healthcare, education).
9. Pay the Fees
- Pay the required license, registration, and service fees.
10. Receive the Business License
- Once all steps are completed, your business license is issued, and you can officially operate.