UAE is known as the center of the global commercial market. It is home to one of the fastest-growing businesses and industries in the world. The reason behind this is the investor-oriented policies created by the government of UAE. The process of Abu Dhabi mainland business setup is much easier. However, many business owners who want to start a business in Abu Dhabi don’t know about this process. So if you are one of them too, this blog is for you. In the next part of this blog, we have simplified the process of starting a business in Abu Dhabi.

Know your preferred type of business activity

The first step of setting up a business in Abu Dhabi is identifying the type of business activity you want to run here. The license fees and legal requirements depend on the nature of your chosen business. Companies in the UAE can be formed under six licenses namely:

1. Industrial
2. Tourism
3. Professional
4. Commercial
5. Agriculture
6. Occupational

Determine the ownership structure

In the UAE, businesses can form under several types of ownership. You can choose to establish your business with legal structures such as:

1. General partnership
2. Legal Partnership
3. Limited liability company (LLC)
4. Public joint stock company (PJSC)
5. Private joint-stock company (PrJSC)
6. Local company branch
7. GCC company
8. Free zone company branch and more

Trade name registration

After completing the above processes, your next move must be to register the trade name for your organization. It is an essential step as once your trade name is registered with the Abu Dhabi Department of Economic Development (ADDED), no other company will be able to use the same name as yours. Below we have mentioned the criteria for trade name registration:

1. The name should not violate public order or public morals
2. It should not contain logos of any governing authority, religion, or external body.
3. The unique name must be followed by an acronym such as LLC, PJSC, and more.
4. The name should be compatible with the desired business activity.
5. The name must be unique and no business should be registered with it.

The cost of a trading name may vary depending on the business type and the fee should be paid in cash within 30 days.

Get initial approval

Companies in Abu Dhabi require some approvals before starting their operations. The business owners need to get approval from the General Directorate of Residency and Foreign Affairs. It is recommended to get the expert’s assistance while setting up a business in Abu Dhabi to ensure that all the legal and administrative processes are conducted effectively and carefully.

This is it for this blog. If you have made up your mind about the Abu Dhabi mainland business setup, make sure to keep the above steps in mind. Feel free to get in touch with the experts to get started today.