Abu Dhabi is witnessing significant economic growth due to its increased emphasis on a diverse range of business sectors, and various incentive programs for ensuring ease of doing business. In addition, company formation in Abu Dhabi can open doors to the global market with a variety of commercial business activities.

Read this article to explore the top 3 Abu Dhabi free zones for setting up your business.

Top 3 Abu Dhabi Free Zones

Free zones offer a favorable business environment and various tax incentives to entrepreneurs and investors for company formation in Abu Dhabi. The top three free zones include:

1. Abu Dhabi Global Market (ADGM)

Abu Dhabi Global Market (ADGM) is located on Abu Dhabi’s Al Maryah Island.

ADGM supports both financial and non-financial businesses. It is known for its regulatory and English Common Law frameworks, allowing local and global businesses to collaborate and share resources.

Benefits of opening a company in the ADGM

Some of the key benefits of ADGM are:

  • Foreign investors who do not prefer UAE local laws or Islamic law can choose to set up a company in ADGM, as it follows the common law regime.
  • The Abu Dhabi Global Market free zone allows businesses to conduct activities by providing a supportive legal environment with a special court system to settle any disputes.
  • This free zone offers 100% ownership allowing businesses to take full control of the decision-making process.
  • ADGM gives competitive tax advantages to entrepreneurs and investors planning a business setup in Abu Dhabi.

Different Business Activities ADGM  Offers

The free zone supports a wide range of financial as well as non-financial business activities, some of which include:

Financial Services Non-Financial Services
●      Private Banking

●      Wealth Management

●      Asset Management

 ●      Legal Services

●      Consulting Services

●      HR and IT Services

 

2. Khalifa Industrial Zone Abu Dhabi

Khalifa Industrial Zone Abu Dhabi (KIZAD) is located between Abu Dhabi and Dubai, which makes it a strategic location in which to start your business. The region offers robust transportation infrastructure, which increases the accessibility of KIZAD from both the local and international markets.

Benefits of Starting a Company in Khalifa Industrial Zone Abu Dhabi

The benefits of opening a company in KIZAD are:

  • As a major trade and logistics hub, KIZAD is linked with the Khalifa Port. This port connects 20 major shipping lines to around 60 global ports.
  • KIZAD port can accommodate the world’s biggest ships.
  • Modern utility corridors are designed to accommodate basic needs for businesses such as power supply, water, telecom, sewerage, and industrial water.
  • Khalifa Industrial Zone has also planned to start a train track for both new and existing businesses, which will make their transportation much easier.

Services Offered

Read the about the services offered in KIZAD:

  • Manufacturing
  • Logistics
  • Trading

3. Masdar City Free Zone

Masdar City is a special economic zone focusing on clean, sustainable, and renewable energy.

The city is growing rapidly with businesses coming in and settling down here, building new homes, leading to the development of special technology companies to support innovation.

Benefits of opening a company in Masdar City Freezone

Key benefits of opening a company in this free zone include:

  • Masdar City provides 100% ownership of your business.
  • The free zone has low tax rates.
  • Masdar City also provides 100% repatriation. You can take all your profits to your home country.

Services Offered

Masdar City free zone offers a variety of services, including:

  • Company formation.
  • Visa processing.
  • Company registration and licensing.
  • Obtaining Emirates ID.
  • Property management.
  • R&D partnership.

Abu Dhabi free zones support a wide range of business opportunities across different sectors,  such as finance, technology, and manufacturing. Reach out to Commitbiz business consultants to seamlessly set up your company in Abu Dhabi free zones.