Abu Dhabi, the capital of the United Arab Emirates, has emerged as a favored location for business owners and entrepreneurs, thanks to its thriving economy fueled by real estate, oil, tourism, and industrial growth.
This jurisdiction is governed by the Department of Economic Development (DED) of Abu Dhabi, which is responsible for issuing business licenses and maintaining regulations. Here are some of the benefits that come with operating a business in Abu Dhabi:
- Investors can be partners
- Low cost
- Easy visa applications
- Competitive freight charges
- Access to corporate bank accounts
- One-year commercial license
YUGA Accounting & Tax Consultancy is here to assist you at every stage. Our all-encompassing services include everything from business licensing and legal frameworks to visa applications, ensuring a seamless and stress-free business setup process from start to finish.
Business Licenses Available in Abu Dhabi Mainland
Industrial License
Businesses engaged in manufacturing, processing, or industrial activities need an industrial license in Abu Dhabi Mainland. This license allows companies to establish factories, production facilities, and warehouses for producing goods.
Commercial License
This license is intended for businesses involved in trading activities, including buying and selling goods. It permits companies to import, export, distribute, and store goods within Abu Dhabi Mainland.
Professional License
Doctors, lawyers, engineers, consultants, and accountants require a professional license to practice their respective fields in Abu Dhabi Mainland. This license ensures that individuals have the required qualifications and comply with the professional standards established by regulatory authorities.
Required Documents and Steps to Obtain Your Business License
Abu Dhabi has streamlined the business licensing process to be easy and straightforward. Here is the procedure for obtaining your license along with the documents you will need to prepare:
Required Documents
- Personal Profile of the Shareholders
- Proof Of Address of the Shareholders
- 3 Proposed Companies Name
- Passport Copy of the Shareholder
- 6 Months Bank Statements of the Shareholders
Steps to Get Your Business License
- Obtain Initial Approvals
- Select Your Legal Structure
- Choose the Right Business Activity
- Register Your Trade Name
- Pay the Necessary Fees and Obtain License