Abu Dhabi Airport Free Zone is an integrated business park located near Abu Dhabi International Airport and is being developed by Sky City, a subsidiary of Abu Dhabi Airports Company. The free zone provides modern facilities and integrated infrastructure, including commercial offices, land plots, storage units and logistics services, and mainly targets the aviation sector, airport services, logistics services, transport and shipping. The free zone offers many benefits and incentives to investors, such as complete tax exemption, freedom of full foreign ownership of companies, world-class infrastructure and multiple facilities.
Abu Dhabi Airports Free Zone is the new global address for businesses in the world, offering its customers many products within the free zone environment. Abu Dhabi Airports Free Zone offers its customers a full range of free zone services, including company registration, licensing, leasing, and fast visa processing for employees. And many other high-quality services within an integrated environment.
Opening commercial projects in one of the free zones in Abu Dhabi is an attractive option for foreign investors, who seek to benefit from the huge potential and active business environment that the emirate provides. These areas were established as part of the emirate’s ambitious efforts to diversify sources of income by encouraging foreign investors to invest in the local economy. The free zones in Abu Dhabi operate mainly in areas such as transportation, logistics, media, and light, medium, and heavy industries.
Establishing a company in the Abu Dhabi Airports Free Zone
The procedures for establishing companies within the free zones in Abu Dhabi are simplified and require less time and effort, as the main goal of establishing these zones is to attract and facilitate the investment process, and remove obstacles and bureaucratic barriers. In each free zone, there is an independent authority responsible for issuing operating licenses and helping companies establish business there.
Investors can register their projects in the form of a company or free zone institution, or establish a branch or representative office of an existing company or parent company, whether local or foreign. Free zone institutions and companies are considered limited liability companies and are subject to the laws and regulations in force in the free zone in which they were established.
Advantages of Abu Dhabi airports free zones
The Abu Dhabi government provides great support to companies that open projects within free zones, and provides many incentives, such as the freedom of full foreign ownership of companies without the need for a local partner, a low-cost operating environment, the freedom to transfer capital and profits in full, and exemption from import and export taxes and taxes. Personal income and corporate taxes. In addition, free zones provide a single window service that helps companies quickly obtain the necessary permits and licenses from the relevant authorities, in addition to providing skilled labor and suitable housing for them.
Entering goods into free zones
Duty-free zones and markets in the country allow the entry of various types of foreign goods from many countries, and their removal outside the country or to other duty-free zones and markets, without being subject to taxes and customs duties. Foreign goods re-exported in the country may also be brought into duty-free zones and markets abroad, provided that they are subject to export restrictions and customs procedures followed in the case of re-export.
Abu Dhabi Global Market
The Abu Dhabi Global Market forms a pivotal part of Abu Dhabi’s economic vision, and plays an important role in consolidating Abu Dhabi’s position as a leading center for finance and business at the international level, and is linked to the growing economies in the Middle East, Africa, South Asia and other regions of the world.
The market was established pursuant to Federal Law No. (8) of 2004, Federal Decree No. (15) of 2013, Cabinet Resolution No. (4) of 2013, and Law No. (4) of 2013, and the Abu Dhabi Global Market, the international financial center located in Abu Dhabi, began. The capital of the United Arab Emirates, it officially began its duties on October 21, 2015.
The Abu Dhabi Global Market consists of three independent authorities, including: the Registration Authority, the Financial Services Regulatory Authority, and the Abu Dhabi Global Market Courts. The strategy of the market, located in a city that includes one of the largest sovereign funds in the world and one of the largest gatherings of individuals and institutions with high financial value, is based on activity. In key areas that rely on Abu Dhabi’s strengths, including private banking, wealth management, and financial innovation.
The Abu Dhabi Global Market allows companies registered in it to carry out their activities within a work environment that enjoys world-class regulatory frameworks, an independent court system and a legislative infrastructure.
Target sectors
The Abu Dhabi Airports Free Zone is being established to create a unique and preferred commercial destination for international and local institutions in the following sectors:
• Aviation
• Aerospace
• Defense
• Airport services
• Logistics
• Cargo
• Shipping
• Information and communications technology
• Pharmacy
• Management consulting
• Trade
• Light industries
• Marketing and events
• Other service providers that are related to the aviation industry in one way or another, as well as some industrial activities, Which seeks to obtain the advantage of close proximity to the airport for import and export purposes.
Advantages of Abu Dhabi Airports Free Zone
Companies choose free zones because of the facilities they find there, as follows:
• 100% tax exemptions for companies
• 100% foreign ownership
• Return 100% of capital and profits
• There are no customs duties
• Stay close to the airport to facilitate imports and exports
• Fast and simple registration and licensing services
• Protection services are available 24 hours a day
• Communication and technology services
• Independent regulations and laws
• Easy access to regional markets
How can you establish a company in the free zone?
Establishing companies in the free zones in Dubai is much easier than establishing a company inside Dubai, as it can be 100% owned by any nationality, and the presence of a partner or sponsor who is a citizen of the UAE is not required, as the company is registered as a free zone establishment or it is a company belonging to The free zone or a branch or representative office in the free zone in Dubai. In this case, it is possible for the main company to be outside the Emirates, and it is not required to be inside the Emirates. The companies located within the free zone are regulated through the authority responsible for the free zone, which is the one that issues any licenses to the company. This depends on the location of the free zone and the activity it carries out. The type of license issued by the responsible authority varies according to the commercial activity. A company can be established in the free zone by following some steps, including:
- Choose the company’s location
- Agreeing on the trade name, as it is the name that distinguishes one company from another.
- Obtaining the company’s business license.
- Obtaining initial approval to start work.
- Commercial license registration.
- Complete the requirements for a commercial license and obtain it.
Establishing a company in the free zone
The UAE is distinguished by the fact that it has more than 40 free zones in addition to some areas that are being established. Therefore, establishing a company in a free zone is one of the difficult matters facing the investor, as it is difficult to choose between many areas. Therefore, Kaber Company, through its great experience in business management, undertakes By helping many investors choose the appropriate free zone for their commercial activity, it also helps in establishing and establishing a company in the free zone in the shortest time and at the lowest costs.
