6 Steps To Getting Your Business Up And Running In Abu Dhabi

business setup in abu dhabi

The UAE attracts more enterprises from all over the world due to its strategic locations and business-friendly ambiance. To establish a business in Abu Dhabi, numerous legal procedures and documentation must be obeyed to confirm the legal setup of your enterprise in Abu Dhabi. When you complete all your legal processes, starting an enterprise in the UAE should take a few days. The UAE has many strict laws when it comes to new enterprise establishments in Abu Dhabi. If you want to begin a new business in Abu Dhabi or any other emirates of the UAE. It is vital to follow all the legal criteria before establishing a business. So here we deliver an easy 6 steps for a business setup in Abu Dhabi.

Why Do Entrepreneurs Prefer Investment in the UAE? 

Here are just a few of the myriad reasons why entrepreneurs from across the globe opt to establish their presence in the UAE.


  • There are no personal or corporate taxes

  • Rapid Economic Expansion

  • There are no foreign exchange controls

  • Gaining access to a diverse economy 

  • Infrastructure and facilities that are modern

  • Advantages of a free zone

  • Import duty is low 

  • Adaptable Government Regulations 


6 Steps to Start a Business in Abu Dhabi 


1. Choose a Place of Incorporation- 


The first and prime step to establishing an enterprise in Abu Dhabi is choosing one of two available options for the location for the incorporation of your company. This can be onshore (UAE mainland) and offshore ( one or five free zones). 


2. Choose a Type of Economic Activity- 


For a business setup in Abu Dhabi, investors can select from more than 4,700 activities from a diverse range of sectors with the definitions and varieties of these activities being based on the fourth version of the International Standard Industrial Classification of All Economic Activities. 


3. Choose a Type of Legal Form- 


The Abu Dhabi Department of Economic Development (ADDED) follows all enterprise rules in the emirate. You will be required to select a structure from the following options, to register your enterprise.


  • Establishment 

  • Sole Proprietorship

  • Limited Liability Company

  • Private Joint Stock Company 

  • Public Joint Stock Company 

  • Branch of Foreign Company 


4. Register a Trade Name- 


Choosing a name for your enterprise is a vital step in the establishment of your firm. Your trade name is required to be registered with ADDED through the Abu Dhabi Business Center. 


5. Obtain an Economic License- 


In Abu Dhabi, to conduct any economic activity, it is necessary to get an economic license. Relying on the location of incorporation and your selection of economic activity, you will require one of the following licenses: 


  • Standard economic license

  • Instant economic license 

  • Dual license 


6. Register with the Abu Dhabi Chamber of Commerce and Industry- 


You will be required to join the Abu Dhabi Chamber of Commerce and Industry (ADCCI), to operate in Abu Dhabi and get a business license. 


Tips to Run a Successful Business in the UAE


  • Formulate a Business Plan- You are required to make a business plan that transparently presents your aim, highlights your targets, and sets achievable deadlines for each milestone. 


  • Networking- You are required to connect and communicate with people and create word of mouth which can lead to promoting future enterprise prospects, partners, etc, and also assist in growing enterprise faster. 


  • Right Person for the Right Job- You are required to hire the right talented individuals who will not only grow your business faster but will also remake the enterprise. The hiring of skilled and experienced employees boosts teamwork and promotes work culture. 


  • Quality Output- The enterprise entities that deliver the best quality to the customers have a more reasonable chance at success. Communication skills play a crucial role in creating your popularity as a trusted company. 


  • Use Digitalization- According to a report, people in Abu Dhabi spend more than 6 hours on social media channels. Keep in mind that, it is vital to create some awareness in the digital sphere which would help any company to connect with new clients. 


Established an enterprise in Abu Dhabi, with these six crucial steps listed above and you will be ready for a mind-blowing start. As you move forward, you will certainly come up with some other steps to take your enterprise down the path toward success.


Also Read : Mainland Company Formation in Dubai 2024
Location: Abu Dhabi - United Arab Emirates

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