Overview about Abu Dhabi mainland Company Formation
- Abu Dhabi is the capital of United Arab Emirates.
- It is largest among all seven emirates of UAE.
- It is the second most populous city in UAE.
- It is considered as the wealthiest Emirates in UAE due to its oil reserves.
- Abu Dhabi has also started focusing on non oil based economy largely in to tourism, real estate and retail. Huge surge has been seen in recent times for Abu Dhabi mainland company formation due to Government initiatives.
- Abu Dhabi Government has also made it easier for business setup in Abu Dhabi mainland by issuing licenses valid for 2 years with reduced fees.
- Abu Dhabi Investment Authority is considered as one of the wealthiest sovereign fund in the world.
- Abu Dhabi becoming attraction for multinational companies and SMEs due to its strong oil based and non oil based economy.
- Mainland licenses in Abu Dhabi are issued by Department of Economic Development Abu Dhabi.
- Lot of freehold real estate developments have also fuelled the large investments in Abu Dhabi in last two decades and that also has contributed in bringing many companies in Abu Dhabi.
- Business setup in Abu Dhabi LLC, Professional and Industrial licenses.
- UAE national must to own 51% shares in any commercial license for Abu Dhabi company formation.
- For any professional license business setup in Abu Dhabi mainland, Expat can own 100% shares in company but it is must to have UAE national as a service agent for the company.
- There are different price range offices available on Hamdan Street, Electra Street, Khalidiyah Street, Corniche Street, Marina Blue Street and Al Mina street. Wide range of real estate availability also has played an important role in making Abu Dhabi mainland business setup popular.
- King Abdullah Bin Abdulaziz Al Saud Street is the ideal location for businesses looking for a prestigious address.
- AL Tibbiya is centrally located close to Shaikh Khalifa Medical City and is a cost-effective option for companies wanting Mainland business setup in Abu Dhabi.
- Al Zahiyah is a popular choice with established businesses and entrepreneurs with a higher budget. It is considered as high end business location.
- Al Mussafah is considered as an industrial area in Abu Dhabi. Investors looking for an industrial business setup in Abu Dhabi mainland have affordable ware houses choices in this location.
- There are also many luxurious office buildings on al Reem Island where companies can be registered. This luxury location gives a huge prestige identity to wealthy companies wanting to have company formation in Abu Dhabi mainland.