The UAE is a thriving metropolis and in particular Abu Dhabi is a bustling city of business activity consisting of entrepreneurs and investors. If you’re considering setting up a company in this dynamic emirate, understanding the company registration process is crucial for the success of your business. In this blog we will look into the different aspects you must be aware of to set up a business in Abu Dhabi which include visa and residency regulations, company structure and more.
Mainland vs. Free Zone: Making the Right Choice
It is first important to understand the kind of business or where your business can operate in the Emirates.
Mainland Company
A mainland company can operate throughout the UAE but requires a local partner or sponsor who holds a majority stake.
Free Zone Company
Unlike mainland companies, here you can operate only in designated free zones but can trade internationally. This offers 100% foreign ownership and provides various tax and custom incentives.
Offshore Company
Offshore companies are primarily used for holding investments and conducting international trade. They are subject to minimal regulations and taxation.
Documentation and Company Registration
One must also understand the different steps involved and the necessary documents before stating a company
- Initial Approval – This would be the first approval one requires. One must obtain approval from the Department of Economic Development (DED) or the respective free zone authority. Depending on the business and industry the body of authority varies.
- Memorandum of Association (MOA): This entails the basic structure which entails the company and ownership.
- Local Sponsor – For mainland companies, secure a local sponsor or service agent.
- Memorandum of Association (MOA): This entails the basic structure which entails the company and ownership.
Licensing Process
There are different licenses that you must obtain depending on your business activity. Common licenses include
- Commercial License: This is required if you are involved in trading activities on a large or small scale.
- Industrial License: If your business is involved in manufacturing goods then they can opt for an industrial License.
- Professional License: Individuals with specialized skills like IT workers and Digital Marketers require this license.
- Specialized Free Zone Licenses: Tailored to specific industries like media, technology, or healthcare.
Timeframe for Registration
The registration process typically takes between 2 to 6 weeks, depending on the type of company, completeness of documentation, and the responsiveness of relevant authorities. Engaging a professional service provider like BLZ can expedite this process significantly.
Visa and Sponsorship Requirements
Once your company is registered, you will need to arrange visas for yourself, your employees, and possibly their families. The key visa types include:
- Investor Visa: For business owners.
- Employment Visa: For employees of the company.
- Family Visa: For employees or investors sponsoring family members.
If you’re ready to embark on your business journey in Abu Dhabi, BLZ is your trusted partner. Contact us today to schedule a consultation and explore the opportunities that await you.
- Family Visa: For employees or investors sponsoring family members.
Why Choose BLZ for Your Company Registration?
At BLZ, we pride ourselves on offering end-to-end PRO services designed to simplify every aspect of company registration in Abu Dhabi. From securing your business license and handling all legal formalities to managing visa processing, we ensure your registration process is smooth and stress-free. With our local expertise and dedicated team, we handle complexities, allowing you to focus on growing your business.