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Establishing a company in Abu Dhabi

Establishing a company in Abu Dhabi

Establishing a company in Abu Dhabi, in light of the promising opportunities offered by the United Arab Emirates, especially in the Emirate of Abu Dhabi, there is a need to establish companies capable of benefiting from these distinguished investment advantages. Abu Dhabi, the capital of the country and its second largest emirate, constitutes an attractive environment for investors wishing to launch their projects and businesses in various sectors. Thanks to its supportive economic policies and advanced infrastructure, Abu Dhabi enables investors to achieve their goals efficiently and successfully.

In this context, “Itqan” Legal and Administrative Consulting Company comes as a reliable partner that can be relied upon in establishing successful companies in the Emirate of Abu Dhabi. With its extensive experience in the legal and administrative field, Itqan provides the necessary support to investors wishing to benefit from the advantages that Abu Dhabi provides. Through close cooperation with “Itqan” Company, investors can benefit from its specialized services in establishing companies, obtaining the necessary licenses, and facilitating procedures related to establishment and operation.

This cooperation between the investor and “Itqan” company provides the ideal opportunity to build a successful Abu Dhabi company in the Emirate of Abu Dhabi, taking advantage of the advantages offered by this promising emirate. By using “Itqan” expertise and benefiting from the stimulating investment environment in Abu Dhabi, investors can achieve their goals and enhance their position in the local and regional market.

Establishing

Establishing a company in Abu Dhabi

Table of contents hide 
Types of companies that can be established in Abu Dhabi
Basic steps to establish a company in Abu Dhabi
Documents required to establish a company in Abu Dhabi
Our company’s role in establishing a company in Abu Dhabi
common questions about establishing a company in Abu Dhabi

Types of companies that can be established in Abu Dhabi

Abu Dhabi, the capital of the United Arab Emirates, offers a wide range of investment opportunities for entrepreneurs and aspiring investors. Thanks to its advanced economic environment and the incentives provided by the government, the emirate has become a preferred destination for establishing companies in various sectors. Whether you want to launch a small business or plan to create a multinational company, Abu Dhabi offers you the support and infrastructure needed to achieve your success. Types of companies that can be established in Abu Dhabi:

Limited Liability Companies (LLC):

  • This type of company is the most common in Abu Dhabi.
  • The owners have limited liability for the company’s debts.
  • It requires a minimum capital and the maximum number of partners is 50.

Public Joint Stock Companies (PJSC):

  • These companies are larger in size and scope.
  • Its shares are offered for public subscription on the stock market.
  • They require a higher minimum capital than LLCs.

Branches and representative offices of foreign companies:

  • Abu Dhabi allows foreign companies to open branches or representative offices in the emirate.
  • These options are suitable for companies that want to be present in the local market without establishing an independent company.

Free enterprises (free zones):

  • Abu Dhabi’s free zones offer attractive tax and regulatory advantages for businesses.
  • It is a suitable option for companies wishing to focus on specific activities without the need for an Emirati partner.

Regardless of the type of company you want to establish, Abu Dhabi provides a supportive and stimulating investment environment that helps you achieve your goals and develop your business successfully.

Basic steps to establish a company in Abu Dhabi

Establishing a company in Abu Dhabi is an important step in the path of entrepreneurship. Whether you are planning to launch a new project or expand your business, Abu Dhabi provides a conducive environment and attractive incentives for investors and entrepreneurs. However, before embarking on this process, it is important to be aware of the basic steps needed to establish a company in the emirate. This guidance will help you understand the requirements and procedures necessary to achieve your success in the local market. The basic steps for establishing a company in Abu Dhabi :

Choose the company type:

  • Select the type of company you wish to establish, such as a limited liability company (LLC) or a public joint stock company (PJSC).
  • Each type has its own requirements regarding minimum capital, partners and legal procedures.

Choose a company name:

  • Choose a distinctive and unique name for your company.
  • Check for any similarity with other registered company names.
  • Obtain approval for the company name from the relevant authorities.

Registration and obtaining licenses:

  • Submit a company registration application and obtain a business license.
  • Coordinating this process with relevant government agencies, such as the Department of Economic Development in Abu Dhabi.

Open bank account:

  • Open a bank account in the company’s name to manage financial transactions.
  • Complete the necessary banking requirements, including providing the required documents.

Office and facilities insurance:

  • Rent an office or facilities suitable for the company’s activities.
  • Make sure to obtain the necessary licenses for the place where you will be working.

Hiring employees:

  • Recruit qualified personnel according to the company’s needs.
  • Meet requirements related to work visas and health insurance for employees.

Registration of the company in the relevant bodies:

  • Register the company with various governmental bodies and institutions according to its type of activity.
  • This may include registering with Social Security, the Tax Authority, etc.

By carefully implementing these steps, you will be on the right path to establishing a successful company in Abu Dhabi. Remember that government support and advisory services are available to help you complete this process smoothly.

Documents

Documents required to establish a company in Abu Dhabi

Documents required to establish a company in Abu Dhabi

Establishing a company in Abu Dhabi requires submitting a set of official documents to the competent government authorities. These documents are necessary to complete the registration process and obtain the necessary approvals. Understanding and properly preparing the documentary requirements is vital to ensuring smooth incorporation procedures. In this guidance, we will review the complete list of documents required to establish a company in Abu Dhabi . Documents required to establish a company in Abu Dhabi:

Company incorporation application:

  • Company incorporation application form approved by the competent authorities.
  • This form must be filled out with the basic data of the company.

a copy of the passport:

  • A copy of the passport for each of the partners and authorized persons.
  • The copy must be certified.

Certificate of freedom from criminal record:

  • Certificate of freedom from criminal records for both partners and authorized persons.
  • This certificate must be recently issued.

Proof of residence:

  • A copy of proof of residence (such as an electricity or water receipt) for each of the partners and authorized persons.

Ownership certificate:

  • Ownership certificate of the property that will be the company’s headquarters.
  • In the case of rent, the rental contract must be presented.

capital:

  • Proof of transferring the minimum required capital to the company’s bank account.
  • The minimum capital may vary depending on the type of company.

Certificate of incorporation:

  • The incorporation document signed by the partners.
  • This document defines the company’s activities and administrative structure.

Authorization form:

  • Authorization form for persons authorized to represent the company.

Commercial Registration Certificate:

  • Obtaining a commercial registration certificate after completing the registration process.

By preparing these documents correctly and submitting them to the relevant authorities, you will be on the path to successfully establishing your company in Abu Dhabi. Remember that document requirements may vary depending on the type of company, so it is important to ensure that they are fully met before proceeding with the procedures.

Our company’s role in establishing a company in Abu Dhabi

Establishing a company in Abu Dhabi is an important step that requires fulfilling a set of government requirements and approvals, which involves paying a set of administrative and legal fees, which vary according to the nature of the company, the type of activity to be practiced, and the services required to obtain the appropriate licenses to start work. In this context, the founder can use a company A specialized consultancy in this field, such as Itqan Company, which has extensive experience in this field and provides the necessary support and guidance to ensure that the establishment process is completed smoothly in accordance with the laws and regulations in force in the Emirate of Abu Dhabi. Itqan Company studies the client’s requirements and determines the necessary steps to establish the company, including providing assistance. In choosing the appropriate trade name, obtaining approvals, paying the necessary fees, issuing the commercial license, completing registration in the commercial registry, and obtaining the required support services such as the establishment’s identity, business register, and other legal and administrative requirements, in order to ensure the client’s full compliance with the regulations and laws in force in the Emirate of Abu Dhabi, and providing support. He has full responsibility during all stages of the establishment process, and therefore using Itqan Company as a reliable partner guarantees the client the completion of the procedures for establishing his company in Abu Dhabi efficiently and quickly, and in accordance with the legal and regulatory requirements in force in the emirate.

Frequently asked questions about establishing a company in Abu Dhabi

What types of companies can be established in Abu Dhabi?

Limited liability companies (LLC), public and private joint stock companies, foreign branch companies, and individual companies

What are the basic steps to establish a company in Abu Dhabi?

Determine the type of business activity. Choosing the legal form of the company. Trade name registration. Obtaining initial approvals from the concerned authorities. Preparing the company’s articles of incorporation and articles of association. Obtaining a commercial license from the Department of Economic Development. Company registration in the Abu Dhabi Chamber of Commerce and Industry.

What are the documents required to establish a company in Abu Dhabi?

A copy of the passport for shareholders and directors. Passport size photographs. Proof of address. Memorandum of Association and Articles of Association. Business plan (in some cases). Approvals of the competent authorities (depending on the type of activity).

Can foreigners own 100% of the company?

Yes, in some free zones, foreigners can own 100% of the company. In other regions, a 51% local partner may be required.