Free Zones in Abu Dhabi

Best Free Zones Abu Dhabi Visa Provider

Do you know that Abu Dhabi is the largest trading port linking east and west of the World? In the international market, foreign company formation still has very high values. Some new laws and rules feature benefits for foreign company registration in Abu Dhabi free trade Zone. An individual can get residency in Abu Dhabi in different ways. One of the most crucial matters is to apply for a visa the right way-not just for company owners, but for their company partners, colleagues, domestic staff, and family members. Seven Emirates have 45 free Zones, and each respective Emirate does all government matters.

FREE ZONE ABU DHABI – AN INTRODUCTION

A free trade zone in Abu Dhabi is an area within the United Arab Emirates separate from the rest of the region in which all kinds of goods are used for trading purposes. An Abu Dhabi free zone is an excellent place to attract foreign investments. Products can be introduced regardless of the origin, source, nature o place of arrival. The goods are not subjected to hidden taxes or import duties. An Abu Dhabi free zone is a perfect place to attract foreign investment by:

  • Allowing Offshore ownership
  • Allowing Tax exemptions
  • Making general trade easier for individuals and companies
  • Full repatriation of capital and profits
  • Fast immigration process

There are two options for applying for a free zone visa in Abu Dhabi:

1: Outside the country

This applies to clients who want to work outside the city or region. In this case, an Employment Visa Entry Permit (EVEP) will be settled at the immigration section at the Abu Dhabi airport. EVEP is the initial state for client entry. The client needs to stay in the region for the clearance of other visa matters, such as Emirates ID application, medicals, visa stamping, and insurance. It takes 14 business days approximately for the completion of all of the processes.

2: Inside the country

This process is for clients who are already available in the region via residence or tourist visa. In this aspect, all the documents and testing will be held by the respective Emirate Government. Inside the country, the process is lengthy as compared to apply from the outside the country and could take 20 business days approximately.

The free zones are entitled to increase the local economy and are a part of the Emirate Ambitious Diversification Pursuit (EADP). Media & light, logistics, international, and domestic industries are included in free zones in Abu Dhabi. FZA stands for independent free zone authority that is responsible for all the business operation documentation. Investors can register their ventures as Free Zone Establishment (FZE) or Free Zone Companies (FZC).

ADVANTAGES OF ABU DHABI FREE ZONE

Many numbers of reports claim that the FREE Zone Establishment has helped UAE become a commercial hub for numerous business operations around the world. Every Emirate free zone has its own advantages and disadvantages. Here are some of the remarkable features of Abu Dhabi free zones

  • 100% foreign ownership
  • 100% repatriation of capital and profits
  • 100% corporate and personal income tax exemption
  • Exemption from all export and import duties
    Here are some notable features of Abu Dhabi free Zones.
  • Complete ownership of your company – even if you’re not a UAE national
  • Easy transfer of Capital and profits in full form
  • Exempt from export and import duties
  • Exempt from Corporate and Income taxes
  • Eliminates the agreement of forming a partnership
  • Special consideration in terms of procedures, appointments, and investments in the region
  • Benefits of Currency Control, customs duties, taxation and much more
  • No restriction in more than one activity
  • Fast government process for permits and licenses
  • No restriction for employing manpower and suitable accommodation in the region

List of Free Zones in Abu Dhabi

Most of the Emirates in UAE have set up Free Zones to boost their economy and improve both international and domestic investments. There are almost eight free zones available in Abu Dhabi to set up a new business organization.

  • Abu Dhabi Airport Free Zone (ADAFZ)
  • Abu Dhabi Ports Company Free Zone (ADPC)
  • Industrial City of Abu Dhabi
  • Masdar City Free Zone
  • Twofour54
  • Abu Dhabi Global Markets Free Zone (ADGMFZ)
  • Khalifa Industrial Zone Abu Dhabi (KIZAD)
  • Higher Corporation for Specialized Economic Zones (ZonesCorp)