Business Setup In Abu Dhabi,UAE

Business Startup In Abu Dhabi,UAE

Abu Dhabi,Dubai In UAE is the best place for business startups due to business favorable environment.Here we discuss about steps required for business setup in Abu Dhabi,Dubai In UAE.
Business setup in abudhabi,dubai,uae

The UAE is well-known for its supportive business climate and successful entrepreneurial enterprises. If you are planning to set up a business in Abu Dhabi, transparent steps and flexible procedures will help you achieve it in mere days.

The most important steps and information for business Setup

1Determining the Legal form and Activity
2Registering Trade Name
3Getting Approvals
4Licensing
1
DETERMINING THE LEGAL FORM AND ACTIVITY
The first step towards obtaining a business licence is identifying the type of activity /activities to be practiced. In addition, the exact nature of the business has to be identified - as an establishment, a limited liability company, or a branch of a foreign company.
The rules, requirements, conditions and fees of setting up a business vary based on the type and nature of activity. 
Illustration
Type of licence
Type of licensee 
Issuing entity
Commercial Licence In Abu Dhabi
Owners of companies or establishments, for practicing business activities. (ex: general trading, construction, real estate, transportation, clinic, other).
Abu Dhabi Department of Economic Development (DED)
Agricultural Licence In Abu Dhabi
Owners of agricultural farms, or processors of animal and marine products
Abu Dhabi Department of Economic Development (DED)
Professional Licence In Abu Dhabi
Individuals who practice a profession or craft, relying on physical effort, or aided by tools and equipment. (ex: carpenter, mason, welder)
Abu Dhabi Department of Economic Development (DED)
Occupational
Licence In Abu Dhabi
Individuals who practice a profession or craft,  relying on their mental and intellectual  abilities and talents (ex: consultant, writer, lawyer, auditor)
Abu Dhabi Department of Economic Development (DED)
Industrial Licence In Abu Dhabi
Owners of factories of all manufacturing industries
ZonesCorp
Tourism Licence In Abu Dhabi
Owners of facilities that are specialised in tourism activities. (ex: hotel, travel agency, boat rental firm, tourist camp)
Abu Dhabi Tourism & Culture Authority (TCA)

Note: Other commercial licences are also issued by Masdar City and Media Zone Authority.
2
REGISTERING TRADE NAME
After the activity and legal status are determined, a unique trade name must be chosen for the business, to distinguish it from other entities. The chosen trade name must also reflect the nature of the activity and its legal status.
Registration of the Trade Name is subject to the following conditions:
  • The name should not have been previously registered or currently used for the same category of activity or for a similar type of activity.
  • The name must be compatible with the required type of activity and legal status.
  • The name should not contain names of any religion, denomination or governing authority, or names or logos of any local, Arab and international bodies, institutions and organisations.
  • The trade name should not be identical or similar to any local or international trade name registered with the Ministry of Economy.
  • The trade name should not violate public law and order
  • The trade name should not be misleading to the consumer with regard to the type of business, its importance, size, etc.
  • Trade name will be cancelled automatically at the end of the booking period if the name-holder fails to obtain a trade licence.
  • The Department of Economic Development has the right to cancel or change a trade name if it finds out that the trade name is identical to an existing trade name or not compliant with the terms and conditions set by the Department.
More information is available at Trade Name Registration service.

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