Yes, you read it right! Here’s what you need to know.
Dual License Initiatives (Subject Matter)
Companies based in the capital’s free zones will be able to operate in the mainland under a dual license.
The Department of Economic Development (DED) Abu Dhabi has launched first phase of dual license initiatives which is a bonus solutions for the investors already registered in the capital’s free zone enabling the companies to operate in the Mainland (local market) under a dual license, which will not only reduce the cost of doing business but will attract more foreign companies to the emirate.
The new system will allow the free zone companies to engage in range of business activities outside the free zones without the need for a UAE National Partner holding 51% shares and physical office.
Abu Dhabi with its visionary project Khalifa Industrial Zone Abu Dhabi (KIZAD), the emirates first industrial free zone is a revolutionary platform for trading, logistics and manufacturing offering exceptional market access, world class infrastructure, low operating cost and ease of doing business globally. KIZAD is dedicated to set new standards for industrial sector of the region and is a roadmap for sustainable growth of the emirates economy.
KIZAD IS AN ESSENTIAL PART OF ABU DHABI ECONOMIC VISION 2030.
Benefits of registering business in KIZAD:
- Extensive Size
- World Class infrastructure
- Free Zone and Non Free Zone Solutions
- Tax free environment
- Competitive Operating Cost
- Strategic Location
- Outstanding Access to Markets
- Multimodal connectivity
Located near the Khalifa Port – the regions first semi-automated port, KIZAD enables multimodal connectivity via sea, air, road and rail networks. Khalifa Port is ultra-modern deep water seaport enabling easy bulk import and export.
Sea Connectivity: Served by 20 major shipping lines connected to over 60 destination ports, KIZAD enables convenient domestic and international shipment of products from Abu Dhabi to anywhere in the world.
Road Connectivity: KIZAD is directly connected to markets of UAE and Middle East region which enables easy access to the UAE’s highway network. The road network facilitates efficient movement of goods in and around the industrial zone.
Air Connectivity: Easy access to 4 international airports equipped to manage air cargo via alternative means of transport solutions. Out of 4 international airports, 2 international airports i.e Abu Dhabi International Airport and Al Maktoum International Airport in Dubai are within 30 minutes by road.
Rail Connectivity: KIZAD, via its Future Rail Network enables easy movements of bulk shipments post completion of Etihad Rail project. This is a modern rail network designed to connect UAE with the rest of GCC.
Registration & Licensing
KIZAD provides an array of business setup services to the investors offering them with a wide range of business activities to choose from and complementary executive office, flexible workstations/ dedicated desks.
Requirements to apply Free Zone License:
- Three Proposed Trade names of the company (based on your preference)
- Valid Passport copy of Shareholder(s) and Manager(s) of the company with signature page
- Visa Status:
- Entry stamp page of the proposed shareholder, if new;
- Residence Visa Page copy along with No Objection Certificate from Sponsor, if resident of UAE.
- Proof of Address (recent utility bill)
- Personal Information of the shareholder/s
Licensing & Registration Fee:
KIZAD offers wide range of competitive Licensing & Registration packages.
Register a company with 1 Visa package for as low as AED 15,000.00 includes Licensing & Registration Fee, Lease Agreement, security deposit for the workstation, Establishment Card and E- Channel registration.
For more info contact us on the below given contact details.
In addition to the free zone solutions, Abu Dhabi has taken new initiatives to increase the economy of the emirates and to attract foreign investors.
Requirements to apply Dual License:
- No Objection Certificate from an Abu Dhabi Free Zone authority.
- Application Form addressed to Department of Economic Development endorsed through Abu Dhabi Business Counter.
- A signed undertaking letter stating that the company does not own another branch in the emirate of Abu Dhabi.
- Clearance of administrative fee.
Time Frame:
The average time is 3 to 5 working days. This depends on the licensed activities to be licensed and any external approvals.
For more information, please feel free to contact us.
Our consultants are specialists in processing, renewing & canceling all types of visas including Maid Visa, UAE Family or Dependent Visa, Employment Visa, Ladies work permit and has hands-on experience in dealing with government authorities during every stage of the process. The other expertise include Company Formation including Dubai Mainland or LLC Company, Free Zone Company & Offshore Company, De-registration or Liquidation of Company, VAT Registration & VAT Filing Services.
Call on +971 56 501 4164 or drop an email to info@dubaibusinessadvisors.com
