Abu Dhabi Mainland is one of the most dynamic and economically prosperous regions in Abu Dhabi. The area has been attracting large numbers of investors from all over the world for years now due to its reputation as a business-friendly location that provides its investors with an opportunity to own a 100% business within its borders.
The Most Dynamic and Economically Prosperous Region
Abu Dhabi Mainland is one of the most dynamic and economically prosperous regions of Abu Dhabi. The port city of Al Fujayrah has become an important trading hub, with its population growing rapidly as a result.
The city is a popular tourist destination, and its beaches are among the most beautiful in the world. The region has a sizeable expatriate population, with many people from all over the world living here for work or leisure. One of the most important attractions in Al Fujayrah is Al Bidyah Mosque, which was built in the 15th century by Sheikh Zayed bin Sultan Al Nahyan.
Advantages of Business Set Up in Abu Dhabi Mainland
Abu Dhabi is the capital of the United Arab Emirates, and it’s also known as the “City of Lights”. Abu Dhabi has a population of 2 million residents with nearly half of them being expatriates from other countries who work in various business sectors like banking or trading companies. There are also many hotels located within this city which makes it a wonderful place for tourists looking forward to experiencing life outside their own country by exploring new cultures through cultural events like concerts or theatre performances at local theatres such as Al Ain Palace Theatre (APT), Al Seffarine Theatre Company; among others.
1. Allows foreign investors to own a business.
Abu Dhabi Mainland is a commercial-free zone that allows foreign investors to own a business within the area. Abu Dhabi mainland offers you an opportunity to own your own business by investing in any sector such as retail, manufacturing, and service industries, etc., it also provides tax holidays for up to 4 years while you are setting up your business in this region you will be eligible for various benefits such as no income tax nor sales tax on goods or services sold by your company during this period
2. The opportunity to own a 100% business.
The Abu Dhabi Mainland is a commercial free zone that allows foreign investors to Business Setup in Abu Dhabi Mainland.
The Abu Dhabi Mainland provides its investors with the opportunity to own a 100% business in one of the most rapidly growing commercial regions in the UAE.
The area is home to many international companies and has become an important economic hub for the region.
Generally, There are two Ways to Setup Business in Abu Dhabi Mainland.
- Setting Up a Company: This option is suitable for those who want to establish their own business and have their own brand name. You can register it with the Ministry of Economic Development and Trade (MEDT).
- Setting Up a Branch: If it’s your first time setting up an entity, this may be more convenient for you. There are two branches: one is called an agency; the other is called a subsidiary company or branch office. The former requires less paperwork than the latter but both require license approval from MEDT before starting operations
All of these types of businesses can be formed as general partnerships or limited liability company (LLC). However, one must note that LLPs are not allowed on the mainland.
An LLP is a type of company that allows its members to share management duties and responsibilities with each other. It also offers tax benefits to its members by way of reduced income tax liability and reduced corporation tax (CIT) liabilities in certain circumstances.
The LLP’s main purpose is to protect your personal assets from being used by others without permission or payment—for example when you buy an apartment for yourself and then sell it after five years’ time; this will allow you to keep all profits made from selling it without paying CIT or capital gains tax on everything except what they spent buying/renting out their house!
Licensing Matters of Companies
The Abu Dhabi Chamber of Commerce and Industry is the main body that governs licensing and registration matters of companies in this region. It is responsible for issuing licenses to new business entities as well as maintaining records on existing ones. The chamber also investigates and takes action against companies who violate laws or regulations, if they are found guilty of any violation, they will be fined accordingly.
The main objective of this organization is to provide a safe environment for all businesses operating within its jurisdiction so that no one can take advantage of them without facing consequences for their actions (or lack thereof).
Company registration
If you have decided to open your business in Abu Dhabi Mainland, it is mandatory for all companies running their operations from Abu Dhabi mainland to register for VAT. The current rate of VAT in the UAE is 5%. After completing their VAT registration all companies must submit VAT returns on a quarterly basis.
The EDD is the main body that governs licensing and registration matters of companies in this region. It’s mandatory for all companies running their operations from the Abu Dhabi mainland to register for VAT, but if you don’t have a valid business license then you will have to pay a fine.
The Abu Dhabi Mainland provides its investors with the opportunity to own a 100% business in one of the most rapidly growing commercial regions in the UAE.
Businesses Registered in Abu Dhabi Mainland can Sponsor Employees
Businesses registered in Abu Dhabi mainland can sponsor employees, who are typically non-UAE nationals and are willing to open a bank account under his/her name and provide him/her with a salary at the end of every month as mentioned in his/her employment contract or visa application form.
Read More: How to Setup Business in Dubai Mainland?
The following are some of the main benefits of having a sponsorship:
- You can sponsor employees who are non-UAE nationals. This means that your business will have access to an unlimited pool of talented candidates and you will not have to worry about visa issues or other restrictions when it comes to hiring foreign employees.
- You can sponsor any kind of employee, including those with visas or green cards! This makes it easy for companies looking for skilled workers in Abu Dhabi mainland who may not be able to find them locally (e.g., if no one wants their job).
Conclusion
The Abu Dhabi Mainland is a business-friendly environment and it is one of the fastest-growing commercial hubs in the UAE. The region has many modern facilities and ample access to electricity and water, which makes it ideal for businesses looking to establish their operations here. Moreover, there are several government incentives that can be availed by those who establish their businesses here such as a 100% ownership in property based on a real estate investment trust (REIT).
