ABU DHABI (KIZAD)
ABU DHABI (KIZAD)
Khalifa Industrial Zone Abu Dhabi(KIZAD) is a premium hub for trade, logistics and manufacturing businesses. KIZAD is a flexible and multi-use industrial free zone, offering unparalleled business opportunities and benefits for foreign investors. Established as part of Abu Dhabi Economic Vision 2030, the landscape of business setup in KIZAD provides the investors with access to the best industrial infrastructure, strategic location with excellent connectivity and flexible incorporation rules.
KIZAD gives the investors an enviable advantage of setting up their businesses in Abu Dhabi, the largest emirate and the capital of the UAE. Furthermore, investors can take benefit from the proximity to Khalifa Port, one of the best deep-water seaports in the world. Businesses in KIZAD are also likely to benefit from the transportation advantages when Etihad Rail becomes a reality. Investors wishing to take advantage of these factors can seek assistance from business setup consultants in Abu Dhabi to speed up the licensing procedures.
Types of Licenses in Khalifa Industrial Zone
Foreign investors need to familiarise themselves with the types of licenses permitted in KIZAD to make the company formation process easier. More information on the licensing procedures can be had from the business setup consultants in Abu Dhabi. The following types of licenses are offered by the KIZAD Free Zone:
Planning To Start A Company in Abu Dhabi Free Zone?
Send us your enquiry and one of our business setup experts will get back to you.
An industrial license in KIZAD authorises economic activities such as import of raw material, manufacturing, processing, assembling, packaging and export of intermediate and/or finished product and such other industrial activities stated in the license. Availing of business setup services in Abu Dhabi is the best way to obtain an industrial license quickly.
Trading & General Trading License
Investors can carry out trading activities within the free zone by obtaining a trading license in KIZAD. A trading license permits activities such as import, export, distribution, stocking, warehousing of products and items specified on the license. While a regular trading license allows the investors to trade a particular number of similar product lines, a general trading license in KIZAD allows them to trade in a diverse range of goods.
Types of Companies in Khalifa Industrial Zone
Once the desired license is selected, entrepreneurs need to identify the right legal structure for their proposed company in KIZAD. Going working with the company structure will significantly derail investors’ strategy of business setup in KIZAD. Business setup consultants in Abu Dhabi can help them avoid this situation by providing adequate information on the legal forms. The following types of companies can be established in KIZAD:
Limited liability Company
The regulations of business setup in KIZAD allows the investors to establish a Limited Liability Company (LLC) in the free zon8e. The KIZAD Free Zone LLC can be formed by individual/corporate or individual and corporate entities. There is a minimum paid-up capital requirement of AED 150,000 or above as prescribed by the free zone authority.
Companies registered outside the KIZAD Free Zone can apply for the incorporation of a branch office. Both local and foreign entities can incorporate a branch company in KIZAD. The assistance of business setup consultants in Abu Dhabi will come in handy for investors to avoid the complexities of branch company formation.
Facilities for Business Setup in Khalifa Industrial Zone
KIZAD is an industrial powerhouse boasting the most modern infrastructure and first-rate facilities to meet the needs of industrial businesses of all sizes. From warehouses to modern office space solutions, KIZAD is equipped with everything an investor needs to perform their businesses without any hassle. Investors can take advantage of the following facilities in KIZAD:
Ready-built Internal Transportation System
KIZAD free zone has robust internal road and network connections within the free zone premises. It comes in a ready-built condition with primary and secondary networks providing direct access to Khalifa Port and linking to the main highway. KIZAD’s infrastructure is designed to facilitate future rail connectivity (Etihad Rail) through dedicated rail corridors. The transportation facilities are advantageous for logistics and manufacturing businesses. Business setup consultants in Abu Dhabi can advise the investors on selecting the facilities.
KIZAD is divided into multiple industrial clusters, making it possible to allocate land by grouping specific industries and service providers. The grouping is based on how these businesses benefit each other. In this way, products manufactured by one company can be taken up by others within KIZAD. The concept of industrial clustering fosters the environment of business setup in KIZAD by offering value creation.
KIZAD provides industrial businesses with innovative solutions to foster business growth. The Hot Metal Road in KIZAD is a roadway that offers cost-effective and energy-efficient transport and delivery of molten aluminium. The modular path is an eight-lane highway facilitating the transportation of large plants and equipment between the Khalifa Port and the industrial facilities.
Land for Development on Long-term Lease
KIZAD has meticulously designed a master plan of an industrial park to accommodate businesses of any scale. KIZAD allocates land by grouping certain industries and service providers based on how best they can benefit one another.
Benefits of Opening a Company at KIZAD
- 100% ownership
- Access to serviced land plots
- Modern Infrastructure
- Access to dedicated rail network after the completion of Etihad Rail
- Dedicated Investor Support
- Access to pre-built warehouses & offices
Compliance Requirements in Khalifa Industrial Zone
Companies incorporated in KIZAD must ensure compliance with regulations such as Ultimate Beneficial Ownership (UBO), Economic Substance Regulation (ESR) and Anti-Money Laundering and Combatting Financing of Terrorism (AML-CFT). Even companies under liquidation in KIZAD come within the scope of such regulatory requirements. Non-compliance may lead to severe consequences such as penalties, reputation damage, suspension or revocation of trade license, exchange of information with foreign competent authority etc. However, investors with access to business setup services in Abu Dhabi can easily navigate such requirements and avoid penalties.
Business Setup Consultants in Abu Dhabi
The environment of business setup in KIZAD offers the investors a conducive atmosphere for opening manufacturing and logistic companies. KIZAD’s facilities are designed to accommodate businesses of any size. However, a new entrepreneur may not be able to make accurate decisions regarding company formation in KIZAD as the rules and regulations may appear to be confusing. Business setup consultants in Abu Dhabi, such as Jitendra Business Consultants (JBC), can shed light on the business incorporation process.
JBC is reputed to be one of the best providers of business setup services in Abu Dhabi and across the UAE. We have a team of highly qualified consultants who are well-versed in UAE immigration laws and labour laws. It means investors need not bother about complex processes like applying for a residence visa and sponsoring employees, family, maids, drivers etc. Our services also encompass helping the investors select the business activities, identify the right legal structure, and draft documents such as MoA etc. We also help the investors comply with regulations such as ESR, UBO & AML-CFT. Connect with our UAE business setup consultants to start a successful entrepreneurial endeavour.