Ahmed Bin Rashid Free Zone Company Registration ABRFZ

ABRFZ Company Advantages

1. Foreign ownership: Foreign investors can obtain 100% foreign ownership by establishing a company in Ahmed Bin Rashid Free Zone.

2. Geographical advantages: ABRFZ is close to Ahmed Bin Rashid Port and is located on the coast with convenient transportation.

3. Free Trade Zone Features: Companies established in ABRFZ Free Trade Zone can enjoy long-term lease rights, and the zone has supporting water, electricity, communications, accommodation, and warehousing facilities. The Free Zone Authority provides comprehensive management and logistical support for enterprises in the zone.

4. Tax burden advantages: Companies registered in ABRFZ Free Trade Zone can be exempted from tax burdens, including income tax, export tax and import tax.

ABRFZ company suitable industry

If you are engaged in light industry or other industries, it is suitable for you to set up a company in ABRFZ.

Licenses that ABRFZ can issue

Ahmed Bin Rashid Free Zone issues service, industrial and trade licenses.

ABRFZ Company Registration Process

1. Determine the company type and name: Determine the company form (FZE or FZCO) and propose the company name for the free trade zone management agency to review and confirm.

2. Submit application materials: Prepare necessary documents including business plan, application form, shareholders' legal documents and signature samples.

3. Obtain approval and pay fees: Once the application is approved, you need to pay the relevant registration fees and license fees.

4. Open a bank account: After registering the company, open a company account in a local bank.

5. Apply for visas and office address: Apply for employee visas and rent office space as needed.

ABRFZ Investment Procedures

Companies interested in investing in ABRFZ need to submit a completed application form to the Free Zone Board. The Board will review the project, and after receiving the provisional approval, the company's legal representative will attend a meeting to discuss and finalize the project details. Once the agreement is ready, the Board and the company will sign a lease and provisional agreement, and the company will pay a special license fee before obtaining the license. The lease agreement between the Board and the applicant company is valid for 15 years and can be renewed.