Setting up a company in Abu Dhabi
Establishing a business in Abu Dhabi typically follows the same key stages, however, there are nuances to be applied to individual business sectors.
Step 1: Determine the legal form and activities of the business
Step 2: Register the trade name and obtain the initial approval
Step 3: Arrange an office lease
Step 4: Apply for a trade license and regulatory approvals
Step 5: Obtain the DED Trade Licence
Step 6: Register the Company with Labour and Immigration
Step 7: Open a business bank account
Step 8: Apply for employee visas
There are various legal forms that a company in Abu Dhabi can take to include; Limited Liability Company, Branch Office, Representative Trade Office, Professional Service License, Free Zones and Commercial Agent (Exclusive Distributor). A Limited Liability Company (LLC) is the most commonly used vehicle for setting up in the UAE as a foreign investor and is often the only choice for many business activities. A LLC can be formed by a maximum of fifty shareholders whose liability is limited to their shares in the company's capital. At least 51% of the shares in the company should be owned by UAE National(s) or a 100% owned UAE Company (The Sponsor).
Top 10 Questions to consider when setting up a business in the UAE. Find more: https://www.propartnergroup.com/2017/01/top-10-questions-consider-setting-business-uae/
PRO Partner Group facilitates all the procedures and legalities involved in establishing and maintaining a commercial entity in the UAE, from Commercial Registration to Professional Corporate Nominee Services and visas. Having assisted in the formation of over 300 companies in the Middle East, PRO Partner Group enable more businesses to capitalise on the regions prosperous economy.
For more information about how to set up a company in Abu Dhabi, please contact PRO Partner Group on +971 (0)2 448 5120 or email info@propartnergroup.com