Abu Dhabi offers many advantages for business setup. The city is one of the most prosperous in the United Arab Emirates and provides a safe haven for businesses from around the world. Various transparent and flexible business setup processes are also available here. The following are some of the advantages of starting a business in Abu Dhabi:
As Abu Dhabi occupies a prominent location between Europe, Asia, and Africa, it is one of the best places to set up a business because it has access to markets abroad. Anyone can do business without being hindered by foreign exchange controls, quotas, or trade barriers. With world-class facilities such as healthcare, residences, recreation, education, and transportation, Abu Dhabi is not only a great place for businesses but also for residential purposes.
What are the steps for setting up a business in Abu Dhabi, UAE?
Decide what your company plans to do first, otherwise known as what your company will be into. The next course of action depends on a specific business plan. It might be a good idea to set up your paints distribution company as a Limited Liability Company, for example. As you deal with flammable materials in your business, this will help limit your liability in case of an industrial accident.
Depending on whether you are in the B2C (Business-to-Consumer) segment or the B2B (Business-to-Business) segment, you could choose a mainland or free zone business setup in Abu Dhabi. You should be easily accessible to your customers if you are primarily dealing with end users. Therefore, a mainland company makes more sense.
Free zones offer 100% ownership of your company. The company can only be a limited liability company, and limited liability companies are not permitted to engage in certain commercial activities such as banking, finance, and investing. Get in touch with a company formation Abu Dhabi expert if you would like more information regarding free zone business setup in Dubai and Abu Dhabi. Depending on the proposed company's commercial activity, additional permissions may be required.
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