Article 5 of the Commercial Companies Law No.(8) of 1984 specifies the legal forms of companies as :-
The initial step for Abu dhabi Business set up is to reserve and get approval for the desired trade name from the Department of Economic Development (DED). Once the trade name is approved, you can approach the Abudhabi Trade license Committee at one of the Abu Dhabi Emirate Municipalities (Abu Dhabi City, Al Ain City, or the Western Region Municipality), which will review your application and supporting documents including details of the partners and capital and inform you whether your application requires approval of a competent agency. In case of opening a branch of a foreign company, you will have to submit an application and all required documents to the Ministry of Economy upon getting approval of the competent agency, Abudhabi Trade license and the ministry will present it to the Executive Council in Abu Dhabi for approval. To get more details on how to set up a business in Abu Dhabi, you can avail the benefits of Abu Dhabi company formation services and get further information by reading the article "Opening a Branch of a Foreign Company in Abu Dhabi".
In the case of Abu Dhabi company formation services, following the approval by the competent agency and the Municipality, your application will be referred by the Municipality to the Abu Dhabi Chamber of Commerce and Industry (ADCCI) for approval and issuance of a Chamber Membership Certificate which is mandatory for obtaining a Abudhabi Trade license for your dream Abu dhabi Business set up or simply trade license renewal in Abu dhabi.. After the issuance of the Chamber Membership Certificate, a field visit will be made to the premises of your company to ensure that all terms and conditions in relation to advertising, safety and health requirements are met in line with the rules and regulations of the Municipality. Cosmohub is one of the top ranked business set up consultants in Abu dhabi which will help you to set up a business in Abu dhabi.
Upon the fulfillment of these requirements according to Abu Dhabi company formation services, you can apply for the registration of your company as per Abu dhabi Business set up in the Commercial Registration and Municipality License Section which will entitle you to get the commercial Abudhabi Trade license from DED for company formation in Abu dhabi. You can then approach the Abu Dhabi Naturalization & Residency Directorate (ADNRD) for a Facility Card and the Ministry of Labour for a Company Card. The next step is to apply for work permits for your employees at the Abu Dhabi Naturalization & Residency Directorate.
If you are intending to open Abu dhabi free zone company formation as per Abu Dhabi company formation services the Municipality will refer your application to the Ministry of Economy after obtaining the Chamber Membership Certificate and you will have to complete the procedures of the Ministry. Some specialized businesses will be required to register with relevant government agencies including the UAE Central Bank for financial and banking institutions, Ministry of Economy for insurance companies, Ministry of Finance for manufacturing companies and the Ministry of Health for pharmaceutical companies.
Opening a Dubai offshore business is very simple, tax efficient as well as cost effective corporate structure for the entrepreneurs who wish to conduct international trade. Dubai offshore company formation is for:
There are various types of onshore companies that can be incorporated in Dubai including: