Business in Abu Dhabi

Abu Dhabi is the capital emirate of United Arab Emirates. The capital city has successfully made itself recognized among business and trade hub of Middle Eastern region, only because of combine efforts of State Government and developers. Outstanding growth of infrastructure, business and accommodation facilities attracts investors and entrepreneurs across the world to setup their businesses in Abu Dhabi. Whether you are thinking to establish new business or you are thinking to launch your franchise, Abu Dhabi can be a perfect place. Its strong stable economy, low crime rate with state of the art infrastructure facilities offers plenty of opportunities to grow your business. Government authorities implemented simple, clear and flexible rules to support foreigners who want to setup their businesses in the city of Abu Dhabi. In order to avoid any risks, it has suggested spending some time to understand legal and practical requirements for setting up your business in Abu Dhabi.  You must overview all business relevant legislations, procedures and local culture of city. Fresh business ideas and private enterprises are privileged like important assets in Abu Dhabi.

Starting Up Business in Abu Dhabi

Once you have decided to establish your business in Abu Dhabi, you must be able to efficiently define the nature of your business. It is also essential to know the basic requirements of your business. It will be very helpful if you have developed a proper business plan on your own before applying to governmental authorities. Good understanding with your business plan will help you to start up your business smoothly.

Business Environment in Abu Dhabi

Business environment in Abu Dhabi supports all local and foreigner investors and entrepreneurs without making any discrimination. Businessmen can take advantage of utilizing state of the art infrastructure, telecommunication, transportation, cargo and shipping amenities in the region. Moreover, emirates also develop free zone in specific areas that offer 100% ownerships rights with paying zero taxes on income and capital amount invested. In fact if you are a foreigner, who is setting up business outside these free zones, you will need to pay negligible percentage of tariff around 5%.

Strong economy and political stability

Abu Dhabi is among wealthiest cities and possesses very strong and stable economy. Secondly emirates political condition is also very stable. Stability in politics and economy are the two major factors responsible for progress in almost every business sector. Entrepreneurs from several Western countries and neighboring Middle Eastern countries are considering this emirate to establish their business and maximizing their profits.

Low Business operating cost and 100% compensation of Profits and Capital

If you compare the total cost of establishing and operating business in Abu Dhabi with Western countries you will find that total labor and operational cost is low. Whereas newly established free zones allow entrepreneurs to earn maximum profits with zero taxes.

Outstanding Human Resources and Government Services

Businessmen can take advantage of human resource skills of foreign experts working in Abu Dhabi. Secondly Abu Dhabi Chamber of Commerce and Industry also support new comers and provide helpful information to guide them. 

Abu Dhabi invests Dh 330 billion to boost up city in next five years 2013-2017

Having considered the magnificent progress of Dubai, the Crown Prince of Abu Dhabi his Highness General Sheikh Mohamed bin Zayed Al Nahyan, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council has taken strong initiative to build up city infrastructure and residential real estate developments to provide better accommodation facilities for its residents. Dh 330 billion has been injected to fuel development and construction projects in different sectors across the emirate for coming five years 2013-2017.

Primary initiative of funding citizens and developers is to increase the stability among society and its residents after offering them living space with complete accommodations. It is expected that new residential units will benefit total 689 in Abu Dhabi, among them all 756 in Eastern Region and 109 in the Western Region.

• Infrastructure and real estate projects to be completed in Abu Dhabi
• Abu Dhabi Executive Council has decided to carefully fund the huge amount of Dh 330 billion in different sectors to improve standard of living. They are not only focusing on housing rather they also consider investing in infrastructure, healthcare and educational sector. Below is the brief detail of sectors that are being invested.  Total 15.8 billion are allotted to construct new homes, hospital and sewage plant.
• 1554 citizens of Eastern and Al Gharbia region will receive the total loans of Dh 3.1 billion. With this loan they are allowed to construct their house.
• In addition to housing, Dh 4.3 billion are also invested in a new hospital project in Al Ain. Funds have been commissioned to the Abu Dhabi Health Company (Seha). After completion the hospital will execute needs of growing population of capital emirate. With 719 beds, the facility will be well equipped to offer surgery, children, maternity, intensive care and medical rehabilitation services. Moreover, royal suites will serve VIP patients. With 104 specialist clinic, 17 radiology units, CT scan, MRI and 22 endoscopy diagnosis units, the hospital is expected to be providing modern health facilities for everyone.
• Remarkable infrastructure project that are being funded include sewage treatment plant, roads, motorways and airports.
• Dh 132 billion have been invested to build a sewage water treatment plant to serve the residents of Al Ruwais in the Western Region. Abu Dhabi Sewage Company has been allotted this project. With total capacity of 15,000 cubic meters a day, the plant has a receiving station with the capacity of 16 tanks and 10 kilometers pipeline that will transfer treated water to forest reservoirs in Al Ghayathi. Hopefully the treatment plant will help saving and reusing water for irrigation and other industries. It is expected that it can efficiently meet the growing needs of rapidly expanding industrial zone. Additionally plant has complete monitoring system to remove bad odours.

• To further improve the roads and transportation system in the emirate, 15 upper intersections, electricity posts and lights will be added on 248km-road to the Westren Region or Saudi Arabia and on a new road connecting Khalifa Port with the industrial zone and Al Falah. This will greatly reduce the number of accidents. Moreover, high voltage cables are removed that intersect 62km Abu Dhabi-Dubai motorway from Saih Sheib to Sweihan Road. Other road and transport projects that are due to be completed are Al Mafraq-Al Ghuwaifat road. They have been funded with total amount of Dh 2.5 billion.

The massive financial allocation has been done to help capital projects that are due to be completed in five years of 2013-2017. The huge amount of Dh 330 billion has been carefully invested in different sectors to achieve the objectives of Abu Dhabi vision for 2030.