Business set up in Abudhabi
The government has established numerous free trade zones for company setup in Abu Dhabi. As a result, many entrepreneurs and upcoming businesses think of it as a great location to setup a new company. Also, there is a waiver of taxes, besides also being very secure and confidential. There are many free zones in Abu Dhabi and some of them are –.
- Abu Dhabi Airport Free Zone – This zone is owned by the Abu Dhabi Airports Company and its objective is to establish large-scale economic development of the UAE. The zone has a strategic location and therefore, serves as a gateway to markets in the east and the west.
- Khalifa Industrial Zone (KIZAD) – KIZAD is the abbreviation of Khalifa Industrial Zone Abu Dhabi and was founded in the year 2010. It is a very prominent business zone considering that it is centrally located between the east and the west. This offers immense potential to tap into several key markets in the nearby countries as well as foreign ones. The location is a prime factor as it can help businesses access more than 2 billion customers across Africa, Europe, Russia, India and the Far East.
- Masdar City – This is an upcoming city that is being developed close to the Abu Dhabi International Airport. The city is designed to be a hub for cleantech companies and businesses. In fact, it is to be one of the finest cities that will use renewable power for its operations.