Business Setup in Abu Dhabi
With over a trillion dollars invested in the city, Abu Dhabi is a vital hub for international investors and entrepreneurs looking to launch new ventures.
With the second-largest economy among the GCC countries, the UAE boasts a very robust economy. Due to its rapidly expanding market and easier access to markets across the globe, Abu Dhabi is among the greatest places to establish a business.
Depending on the type of business and the location, the process of setting up a new company in Abu Dhabi is fairly straightforward and takes only a few days. However, you may need the help of a business set up consultant when the company is first starting out.
Business Setup Cost in Abu Dhabi
In collaboration with the Abu Dhabi Chamber of Commerce and other government agencies, the Abu Dhabi Department of Economic Development (ADDED) has reduced business setup fees by more than 90%, to Dh 1,000. The new fee schedule went into effect on July 27, 2021.
Some fees that were previously due to various public bodies will no longer be collected under the new rate. Six activities covered by the business license are eligible for the lower cost.
ADDED, the Department of Municipality and Transport, Abu Dhabi Chamber membership fees, CoC (Certificate of Conformity) issuance fees, and other fees imposed by Abu Dhabi regulatory bodies based on the type of business will all be covered.