Khalifa Industrial Zone
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Khalifa Industrial Zone
Khalifa Industrial Zone Abu Dhabi (KIZAD) serves as one of the most prominent hubs for trade, logistics, and manufacturing businesses, offering an array of advantages and opportunities for foreign investors. Established as part of Abu Dhabi Economic Vision 2030, KIZAD provides investors access to state-of-the-art industrial infrastructure, strategic positioning with excellent connectivity, and flexible incorporation regulations.
KIZAD offers investors the unique advantage of establishing businesses in Abu Dhabi, the UAE’s largest emirate and the capital. It is strategically located near Khalifa Port, one of the world’s premier deep-water seaports, providing businesses with a competitive edge in logistics. Additionally, KIZAD is poised to benefit from the future Etihad Rail, enhancing transportation capabilities.
Types of Licenses for Company Registration in Khalifa Industrial Zone
Types of Companies in Khalifa Industrial Zone
Facilities for Business Setup in Khalifa Industrial Zone
KIZAD offers modern infrastructure and a comprehensive range of facilities to accommodate industrial businesses of all sizes:
- Ready-built Internal Transportation System : KIZAD features a robust internal road and network connections with direct access to Khalifa Port and links to the main highway. The infrastructure supports future rail connectivity via dedicated rail corridors.
- Integrated Clustering : KIZAD is divided into multiple industrial clusters, allowing businesses to benefit from proximity to complementary industries. This clustering approach fosters value creation and collaboration.
- Industrial Innovation : Innovative solutions, such as the Hot Metal Road, facilitate cost-effective and energy-efficient transport and delivery of molten aluminum and other materials.
- Land for Development on Long-term Lease : KIZAD’s master plan includes an industrial park designed to accommodate businesses of various scales.
Benefits of Opening a Company at KIZAD
- 100% Ownership : One of the primary advantages of setting up a business in KIZAD is that foreign investors can enjoy 100% ownership of their companies. This means you have full control over your business operations without the need for a local sponsor or partner.
- Access to Serviced Land Plots : KIZAD offers businesses access to serviced land plots. These plots come with essential infrastructure and utilities, making it easier for companies to establish their operations. The availability of such plots simplifies the setup process and reduces the initial investment required for infrastructure development.
- Modern Infrastructure : KIZAD is equipped with modern and state-of-the-art infrastructure, ensuring that businesses have access to the necessary facilities and resources to operate efficiently. This includes well-designed roads, utilities, and advanced connectivity.
- Future Access to a Dedicated Rail Network (Etihad Rail) : KIZAD’s strategic location positions it to benefit from the future development of the Etihad Rail network. This dedicated rail system will enhance transportation and logistics capabilities for businesses within KIZAD, facilitating the movement of goods to and from the free zone.
- Dedicated Investor Support : KIZAD provides dedicated support to investors throughout the setup and operation of their businesses. This support includes assistance with administrative procedures, licensing, and compliance, helping investors navigate the complexities of doing business in the free zone.
- Availability of Pre-Built Warehouses and Offices : For companies looking for ready-to-use facilities, KIZAD offers pre-built warehouses and offices. These spaces are designed to meet the specific needs of businesses, whether they require storage, production, or administrative functions. This convenience saves time and resources in setting up operations.
Compliance Requirements in Khalifa Industrial Zone
Companies operating in KIZAD must adhere to various regulations, including Ultimate Beneficial Ownership (UBO), Economic Substance Regulation (ESR), and Anti-Money Laundering and Combating Financing of Terrorism (AML-CFT) requirements. Non-compliance may result in penalties and other consequences. Business setup consultants in Abu Dhabi can provide guidance on meeting these compliance requirements.
Documentation Required for Company Setup in Khalifa Industrial Zone
When setting up a business in Khalifa Industrial Zone Abu Dhabi (KIZAD), there are various documents and paperwork required to complete the company formation process. Here is a list of essential documents typically needed:
For Company Setup :
- Business Plan : A comprehensive business plan outlining your company’s activities, objectives, and financial projections is often required, especially for industrial and manufacturing businesses.
- Application Form : You’ll need to complete and submit the official application form provided by KIZAD.
- Memorandum of Association (MoA) and Articles of Association (AoA) : These documents outline the company’s structure, ownership, and operational guidelines. They should be prepared in accordance with UAE regulations and the specific requirements of KIZAD.
- Passport Copies : Copies of passports of all shareholders and relevant stakeholders, including directors and managers, should be provided.
- Proof of Address : Proof of the residential address of shareholders and stakeholders, such as utility bills or a lease agreement, may be required.
- Bank Reference Letter : A reference letter from your bank, indicating your financial standing and history, is often necessary.
- No Objection Certificate (NOC) : If applicable, an NOC from your current employer or sponsor, releasing you to establish a business, may be required.
- Existing Trade License (if applicable) : If you are transferring your existing business to KIZAD, you’ll need to provide your current trade license.
For Individuals and Shareholders :
- Passport Copies : Copies of the passports of all shareholders and stakeholders.
- Visa Copies : Copies of any UAE residency visas for shareholders, if applicable.
- No Objection Certificate (NOC) : If you are currently employed in the UAE, you may need an NOC from your current employer.
For Branch Companies :
- Certificate of Incorporation of Parent Company : For branch companies, you need to provide the certificate of incorporation of the parent company registered outside of KIZAD.
- Board Resolution : A board resolution from the parent company’s board of directors, indicating the decision to establish a branch in KIZAD, is usually required.
Please note that specific document requirements may vary based on the type of business activity and license you intend to obtain within KIZAD. It’s essential to consult with business setup consultants, such as Corpin Consultants, to ensure you have all the necessary documents in order and to navigate the company formation process smoothly. These experts can provide guidance tailored to your business’s unique requirements.
Corpin Consultants is a trusted provider of business setup services in Abu Dhabi and the UAE. Our team of highly qualified consultants specializes in UAE immigration and labor laws, ensuring a seamless process for residence visa applications and employee sponsorships. We offer comprehensive services, including assistance in selecting business activities, determining the appropriate legal structure, and drafting necessary documents like Memorandum of Association (MoA). Connect with our consultants to embark on a successful entrepreneurial journey in KIZAD.
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