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Business Setup In Khalifa Industrial Zone
Company formation Khalifa Industrial Zone or KIZAD offers the most preferred business location for businesses in any vertical looking to grow in short span in an investor friendly community. Khalifa Industrial Zone Abu Dhabi, also known as KIZAD is located next to Khalifa port. This port is known to be one of the most developed ports in the world.
Types of company formation in KIZAD
The legal structures allowed to set up at KIZAD Free Zone are as follows
Limited Liability Company
This can be a combination of sole proprietorship, partnership and a corporation. An LLC can be owned by individual or corporate entities. The minimum paid-up capital requirement here is AED 150,000.
Branch Company
This is formed as the registered branch of a foreign/local company, having an existing license that permits to operate outside the Free Zone.
Types of Licenses issued by KIZAD
Service License
The service license permits all activities that fall under Consulting, Marketing, Management, etc
Trading / General Trading License
General Trading license allows all trading activities like import and export, stocking, warehousing, distribution, etc
Industrial License
Industrial license allows activities like manufacturing, processing, assembling, packing of products, etc.
The business setup in KIZAD Abu Dhabi holds the advantage of having no export tax and also has several customs exemptions on Joint venture companies,
imported raw materials, imported machinery and equipment for production, Goods manufactured in UAE and then exported to most GCC countries.
KIZAD is also recognized as one of the most affordable Abu Dhabi Free Zone. Although KIZAD is newly added in the market, it offers more features and facilities especially when it comes to production, distribution and storage.
If you’re looking to set up a business in KIZAD, the leading world-class industrial hub, contact Modern Typing. You are sure to get the best solutions for company formation in Abu Dhabi Free Zone.
