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Khalifa Industrial Zone Abu Dhabi (KIZAD)

KIZAD is a free economic zone founded at the end of 2010 and with a special status. 

This industrial zone adjoins the port of Khalifa in Abu Dhabi (45 minutes drive from Dubai) while occupying a solid territory and being one of the largest investment projects initiated by the government of the Emirate of Abu Dhabi. 

When the construction of the international shipping port of Khalifa was completed, as well as the commissioning of vast storage facilities, the economic zone received the necessary resources to ensure smooth operation and attract foreign investment.

The strategically advantageous location at the intersection of trade arteries of the West and the East, the availability of perfect infrastructure providing access to road, rail, air and sea transport hubs provide investors with unlimited opportunities for solutions in the field of international logistics, as well as competitive access to regional sales markets.

This is one of the largest industrial zones in the Middle East, providing international business and investors the opportunity for free economic trade.

 

Company advantages in the KIZAD

 

  • The possibility of 100%  company ownership by foreign citizens;

  • Exemption of business from corporate taxation;

  • Import and export benefits;

  • Shareholders independently distribute the income and profits;

  • Competitive rental prices for commercial and residential spaces;

  • The relatively low cost of energy resources;

  • No restrictions on the withdrawal of investment capital outside the territory under the jurisdiction;

  • No currency restrictions by the state;

  • Perfect infrastructure, as well as the most modern equipment and technology;

  • Preferential access to regional and local sales markets.

  • One of the most secure free zones in terms of UAE banks. 

 

Types of companies

 

  • Limited liability Company

  • Branch of company

 

Types of licenses

 

  • General trading license

  • Service

  • Trading

 

Shareholders and management

 

The number of directors - at least one. These can be only individuals.

 The number of shareholders is a minimum of 1 to a maximum of 50. These can be individuals and legal entities.

 

Authorized capital

 

Paid minimum authorized capital is 100,000 AED / $ 27,400.  After registration of the company, it is necessary to open a bank account of the company and deposit the authorized capital.  The process of obtaining a visa from a company can be started only after a letter of authorized capital deposit is provided to the free zone.

 

Office spaces

− Flexi Desk

A separate workplace in a common office, with the ability to use no more than 10 hours a week. The customer receives a dedicated phone number, a shared fax number, and a dedicated email address.

− Standard office

 

Visas

 

The number of visas depends on the type of office/ warehouse / piece of land  you choose.

 

Accounting and auditing

 

Auditing is not mandatory, but each company must maintain internal records and keep relevant documents in the company's office.

 

Notes

 

1. The registration deadline for a company is up to  10 working  days from the filing date.

2. A personal visit of a shareholder or representative acting on the basis of a power of attorney legalized in the UAE is required.

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The specialists of PARUS are always ready to advise you in more detail on all issues regarding the company registration procedure in Khalifa Industrial Zone Abu Dhabi.