Abu Dhabi has emerged as a noteworthy destination in the Middle East for investors and entrepreneurs from all over the world. That’s because the city offers world-class business infrastructure and has well-versed rules and regulations. Due to its vast natural resources and a vision for success, Abu Dhabi has become one of the best investment choices for investors and entrepreneurs today.

Abu Dhabi is the second most populated city in the UAE and a significant business setup jurisdiction for national and international investors. Abu Dhabi’s mainland business setup is ideal for commercial as well as recreational business.

Why Setting up Business in Abu Dhabi Mainland is Advantageous:

• No Personal or Corporate Tax

Abu Dhabi is regarded as a tax-free city: an almost complete absence of taxation with a few exceptions. Apart from international bank branches (at the Emirate level) and courier companies (at the federal level), no corporate income tax is levied at the federal or emirate level.

Emirates-level taxes are imposed on petroleum concession holders at levels agreed in the corresponding concession agreements. However, there is no personal income tax.

• No Necessity of Minimum Capital for the Setting Up Business

Although the company should have enough capital to achieve the purposes of incorporation and the capital of equal share in value, the UAE Companies Law does not prescribe any minimum share capital.

Currently, there is no requirement for depositing the share capital into a registered bank of the UAE. However, some jurisdictions are exempted under this.  

• No Annual Audits

Businesses are generally expected to be audited. However, in the Abu Dhabi mainland, the organization’s annual audit is not mandatory. Companies in the Free-zone authorities may be audited annually in compliance with the authorities’ rules and regulations or legal framework.

• 100% Repatriation of Capital and Profits

One of the best benefits of setting up a business in Abu Dhabi mainland is that the company can repatriate capital and 100% of profits made by them to their country, without any restrictions.

• Flexibility in Business

If you set up your company in Abu Dhabi Mainland, you can conduct business with other mainland companies in Dubai or UAE. That means you will have the flexibility of doing business in any part of the UAE.

Mainland businesses are allowed to take on government work, unlike free zones companies, which are only permitted to carry out private commercial work. Also, free zones companies are restricted to operate their business in their respective free zone.

Abu Dhabi is one of the fastest-growing hubs in not just the Middle East but in the world. If you are still skeptical about starting a company in Abu Dhabi Mainland, clear your doubts and capitalize on the benefits of Abu Dhabi’s mainland business setup by hiring the services of business set up consultants.

The professional and established consultant companies are well-versed in the business setup in Abu Dhabi Mainland.