how to start a business in abu dhabi
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How to start business in Abu Dhabi ?

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How to start business in Abu Dhabi ? - PowerPoint PPT Presentation


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UAE is a well-known for its business climate.This presentation describes important information which should be remembered while starting a business in Abu Dhabi.

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PowerPoint Slideshow about 'How to start business in Abu Dhabi ?' - aysharameez


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Presentation Transcript
introduction
Introduction
  • The UAE is an ideal place to start a business, given the number of free trade zones and generous government support.
  • Abu Dhabi Airport Business City (ADABC) is a free trade zone known for its nurturing business climate.
slide3
The transparent procedures involved in business formation means the entire process, from application to incorporation, is completed in just a few days.
  • ADABC requires businesses to complete a few essential steps, following which business licenses are issued.
1 decide the type of business activity
1.Decide the type of business activity
  • The first step in setting up a company is to decide the type of business activity/activities.
  • After that, the process for obtaining a business license will be initiated.

NOTE:

The fees and licensing requirements for company formation change according to the type of business activity.

2 decide the legal form
2. Decide the legal form

Different legal forms:

  • Public shareholding company
  • Private shareholding company
  • Limited liability company
  • Partnerships

NOTE:

The legal form of the company is decided based on the type of business activity.

3 register the trade name
3. Register the trade name

After finalizing the activity and the legal form of the company, a trade name must be chosen to distinguish it from other businesses in the region.

Trade name should be:

  • Unique
  • Suit the nature of activity
  • Conform with company’s legal form
4 issuing initial approval
4. Issuing initial approval
  • The initial approval certificate can be obtained by paying the required fees and submitting a specified set of documents.
  • The initial approval certificate allows the business to initiate proceedings toward obtaining a business license.
5 approval from concerned authorities
5. Approval from concerned authorities
  • Licensing procedures can be set in motion after receiving the initial approval from the concerned authorities.
  • The application status can be checked online.
6 issuance of license
6. Issuance of license:
  • The business license is a certificate that enables an individual or company to practice a business activity as stipulated by law.
  • Business licenses are issued by the Department of Economic Development after approvals by the concerned authorities.
major types of business licenses
Major Types of Business Licenses
  • Commercial License - Issued to company owners practicing general business activities
  • Agricultural License - Issued to companies engaging in agricultural activities
slide13
Professional License - Issued to individuals who practice a particular profession, or create and sell items on their own
  • Occupational License - Issued to professionals who rely on their physical, mental or intellectual abilities to run their business
contact us
Contact Us
  • Need a helping hand to guide you through the process, or have any enquires to make?
  • Visit us at

http://www.worldwideformations.com/abu-dhabi-airport-business-city.php

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