GSL / Offshore and International Law / Offshore zones / Middle East / United Arab Emirates / Abu Dhabi / United Arab Emirates: Khalifa Industrial Zone Abu Dhabi (KIZAD) Free Zone

Company Registration in Khalifa Industrial Zone Abu Dhabi (KIZAD) Free Zone - Business Starting & Setup

Want to set up a firm in a Khalifa Industrial Zone Abu Dhabi (KIZAD) Free Zone? We can assist you in starting a business or in buying a shelf company in Khalifa Free Zone with a full package of necessary documents, legal advice and follow-up support. Incorporation of a firm in KIZAD Free Zone includes provision of a registered office (for at least 1 year in any of our service plans), an apostilled set of constitutional documents, secretarial services and assistance with compliance fee and pre-approval for opening an account in banks of the UAE. The total price of company formation includes all necessary fees and charges for the first year of operation, as well as full one-year nominee service (package Optimum).

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Service packages
Express
Standard
Optimum
Company registration
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Legal address per year
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Secretarial services for the first year
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Fees and duties for the first year
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Apostilled bound set of incorporation documents
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Compliance fee
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Nominee service per year
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Bank Account Pre-approval
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Price
9 500 USD

9 500 USD

10 000 USD

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Company registration in Khalifa Industrial Zone Abu Dhabi (KIZAD)

Khalifa Industrial Zone Abu Dhabi (KIZAD)

The Emirate of Abu Dhabi is the largest emirate in the UAE, with its coastline stretching along the Persian Gulf for more than 650 km. The emirate is the country’s political and industrial centre, as well as a major cultural and commercial centre due to its position as a capital. Abu Dhabi accounts for about two-thirds of the UAE economy.

KIZAD Free Zone offers the possibility of registering Abu Dhabi onshore (free zone) companies that can operate both within and outside the UAE. Such companies are granted a licence (special authorization from the Emirate’s Authority) according to the type of activity that they will be engaged in. Establishing a free zone company implies the possibility of obtaining residence visas for shareholders/employees, as well as their families, which is an indisputable advantage.

Company Name

  • Can use Latin characters.
  • Must not be identical or similar to the name of an existing company.
  • Must have an ending indicating the legal form (“FZE”).

Company Registration

Company registration in KIZAD Free Zone includes the following steps:

  1. Select a company name to be checked for availability (at least two names), the structure of the company (directors, members, manager) and type of licence (Trade, Service, Industrial, For educational services);
  2. Pay fees for services;
  3. Provide the documents for directors / shareholders / attorneys (either originals or notarized copies);
  4. Prepare and submit a set of documents for company registration, get the documents signed by the officers and shareholders of the company;
  5. Receive the certificate of registration, articles and seal in the specified address.

Confidentiality

The UAE does not have public company registries that would contain details of shareholders or directors. Information about free zone companies can only be obtained at the request of a local court.

The register of shareholders and directors of the company is not accessible to third parties.

Local Registered Office

Upon registration the company and the Free Zone authority sign an office lease agreement; the address of such office is considered the official registered office address of the company.

KIZAD offers various office packages depending on the needs of clients in terms of type and number of licences, number of visas, the need for substance and placement in the Free Zone: from smart desk (a separate workstation in first-class business centres) to a proper office.

Seal

Companies are required to have a common seal.

Redomicile

The redomiciliation of companies either to or from the UAE is permitted.

Company structure

Directors

The director can be an individual only. There are no requirements as to the residence of the director.

The minimum number of directors is 1, the maximum number is not set by the Free Zone.

Details of directors are not accessible to public.

Secretary

The secretary can be an individual only. There are no requirements as to the residence of the secretary.

The maximum number is 1 and it can be the same person as director.

Details of the secretary are not accessible to public.

Manager

The manager can be an individual only. There are no requirements as to the residence of the man-ager.

The minimum number of managers is 1, the maximum number is not set by the Free Zone.

It can be the same person as director / shareholder.

Details of managers are not accessible to public.

Members

Both individuals and legal entities can be shareholders. There are no residence requirements.

The minimum number of members is 1, the maximum is 50.

KIZAD does not require a company to necessarily have a local shareholder in its structure.

Details of shareholders are not accessible to public.

Beneficiary

Despite that many jurisdictions consider creating a public register of beneficial owners, the UAE does not have one yet. This means that there is no open access to the beneficial ownership information. It is stored by a service provider, namely a company registration agent, trustees, lawyers, accountants and other professionals, subject to strict confidentiality. Information about the beneficial owner can only be disclosed to regulatory authorities (for example, during inspections for its availability) or by court order.

Share Capital and Shares

The standard minimum share capital of a KIZAD company is AED 150 000. The capital can be denominated in UAE Dirhams (AED) only.

A company may issue different classes of shares. Bearer shares are not permitted.

There is no requirement to provide confirmation of payment of the share capital for company registration.

Core Services

— Incorporation

Price9 500 USD

Including licence, rent of flexi-desk, stamp, and company registration. The cost of the package may vary depending on the number of shareholders, type of licence, and size of the office (the number of resident visas depends on the size of the office). The fees are stated for a company with a single shareholder and the possibility of obtaining 2 resident visas (minimum package).

— E-channel deposit

Price5 000 AED / 1 370 USD

The fees also include a refundable deposit for e-channel in the amount of AED 5,000 (appr. USD 1370).

— Corporate legal services

Price9 200 USD

Including licence, rent of flexi-desk, and company renewal. The fees are stated for a company with a single shareholder and the possibility of obtaining 2 resident visas (minimum package).

— Obtaining a residence visa

Price4 200 USD

Cost of one investor visa, including: payment of all government fees (Entry Permit, Medical & Emirates ID, Visa Stamping); preparation and submission of applications and necessary documentation; accompanying the applicant on the trip to the hospital and migration authority.

— Assistance with bank account openings

Price2 500 USD

Irrespective of the outcome of application

—Delivery of documents by courier mail

Price160 USD

DHL or TNT, at cost of a Courier Service

Nominee Director

Paid-up “nominee director” set includes the following documents

Nominee Shareholder

Paid-up “nominee shareholder” set includes the following documents

Compliance fee

Compliance fee is payable in the cases of: renewal of a company, liquidation of a company, transfer out of a company, issue of a power of attorney to a new attorney, change of director / shareholder / BO (except the change to a nominee director / shareholder)

Basic

Price250 USD

simple company structure with only 1 physical person

For legal entity in structure under GSL administration

Price50 USD

additional compliance fee for legal entity in structure under GSL administration (per 1 entity)

For legal entity in structure not under GSL administration

Price100 USD

additional compliance fee for legal entity in structure NOT under GSL administration (per 1 entity)

For client with high risk Status

Price350 USD

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