Set Up a Mainland Company in Abu Dhabi: A Step-by-Step Guide

A mainland company formation in Abu Dhabi is a great choice for entrepreneurs and investors from all around the world. Starting a business in Abu Dhabi offers excellent infrastructure for supporting all kinds of businesses. As one of the most advanced Emirates, Abu Dhabi provides added advantages for any commercial entity planning to enter the market.

Process of Company Formation

The formation process includes important steps such as local sponsorship, DED registration, business address verification, obtaining needed approvals, a notarised MOA and finding suitable office spaces. Completing these steps ensures successful company registration and the issuance of the right license.

The steps involved are:

● Business setup consultation

● Registration

● Office space selection

● Issuing needed visas

● Governmental approvals

Each part of the formation process is necessary to meet legal requirements and to begin operations in the Abu Dhabi Mainland.

Costs for Mainland Company Setup

Starting a company requires paying several one-time and annual fees. These costs depend on the company’s structure, needed visas, the number and nature of performed activities and other elements. Typical costs include:

● One-time legal fees

● Annual sponsor fees

● One-time incorporation fees for the arrangement of inspections

● One-time approval fees

● One-time documents, certified translations and submission fees

● Visa issuance costs

● Company registration with immigration

● Company registration with the labour ministry

● Notary fees

● License fees

Understanding these fees helps entrepreneurs plan the setup efficiently.

Advantages of Setting Up a Company in Abu Dhabi

The registration process is easy, quick, and effective. Entrepreneurs receive an Abu Dhabi mainland license that remains valid for 2 years. There is little or no stress on renewals, and special deals on annual billings make the process even more convenient. Limited liability companies (LLC) in Abu Dhabi benefit from the least possible taxation compared to other Emirates.

These factors make Abu Dhabi an important and highly active business hub for entrepreneurs and investors.

Important Components for Mainland Business Setup

Building a business requires careful handling of several components:

● Business Setup Consultation

Consultants who know the market help entrepreneurs understand the environment and make better decisions.

● PRO Services

Public Relations Officers or Government Liaison Officers work closely with government officials to manage approvals and paperwork.

● Local Sponsorship

In sectors where 100% ownership is not allowed, entrepreneurs still need a suitable local sponsor.

● Visas

Issuance of visas for entrepreneurs and employees is necessary to bring talent from anywhere in the world.

● Registration

The company registration process must be completed carefully, following the serial steps.

● Trade Licenses

Entrepreneurs must clarify the business activities to choose the correct license among the six types available.

● Office Space

Renting or leasing office space is necessary to obtain a tenancy contract and EJARI for completing the registration process.

A well-structured approach to these requirements ensures a smooth start for any new business in the Abu Dhabi Mainland.

Source: YEN.com.gh