The actual Khalifa Industrial Sector Abu Dhabi or Kizad is a project of your Abu Dhabi Ports Company and is expected to play a vital role in your economic development in this city in UAE. Kizad falls beneath the regulations of your Ministerial Resolution Zero. 88/2006. Among the greatest advantages of your, Khalifa Industrial Sector is its geographic position and also the low operating costs, which are crucial elements when looking to attract foreign investors.KIZAD offers low operating costs, infrastructure that allows access to markets, and low operating costs. As free zone companies enjoy the tax-free status along with full 100% foreign ownership in a completely business-friendly environment.
How to Set Up a Corporation in Kizad?
The Khalifa Manufacturing Zone in Abu Dhabi occupies a 417 sq kilometers area situated near commercial establishments halfway between Abu Dhabi addition to Dubai. Kizad is usually divided into a couple of areas: An addition to B. While Area A is focused on businessmen activating inside the industrial sector, Area B addresses professional companies.
However, the most unique and unique attribute about Kizad is the truth that it is the very first industrial zone inside the UAE offering each free zone in addition to non-free zone status. This way, foreign investors may select a suitable type of business to join up in Kizad. Both statuses provide benefits with respect to customs schemes.
Companies registered outside the free zone will fall under the regulations of the Abu Dhabi Companies Act. Companies registered from the Khalifa Industrial Zone will probably be governed by your Abu Dhabi No cost Zone Authority’s rules. No matter the status of the company, Kizad offers more property rights to foreign investors than other UAE free zones.
Open a Corporation in Kizad Manufacturing Zone
As stated earlier, foreign enterprisers may register two types of companies in Kizad. No cost zone companies tend to be subdivided into:
• Limited Liability Businesses
• Free Zone Companies
The regulations for establishing almost any company are similar, the only difference being the organization licenses for every type of business. Non-free zone companies may apply for industrial licenses which can be issued by Zones Corp Abu Dhabi, while free zone companies are needed to apply for business licenses using the Abu Dhabi No cost Zone Authority. However, in the not too distant future, a single licensing authority will probably be established for both types of companies.
To get more information about registering Kizad business or company in Abu Dhabi ask us through a phone call +971 4 388 7619 or an email firstname.lastname@example.org or visit our website.